Governance structure
parent company; 57.73% direct ownership, 62.19% aggregate ownership). The company changed its name to 株式会社NANKAI on 1 April 2026. Listed on the Prime Market of the Tokyo Stock Exchange.
When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.
The report includes the parent company's name change from 南海電気鉄道株式会社 to 株式会社NANKAI on 1 April 2026. No other changes from the previous report are stated.
| Item | Details |
|---|---|
| Controlling shareholder | 南海電気鉄道株式会社 (parent company; 57.73% direct ownership, 62.19% aggregate ownership). The company changed its name to 株式会社NANKAI on 1 April 2026. Listed on the Prime Market of the Tokyo Stock Exchange. |
| Changes this time | The report includes the parent company's name change from 南海電気鉄道株式会社 to 株式会社NANKAI on 1 April 2026. No other changes from the previous report are stated. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.南海電気鉄道株式会社 is the parent company, owning 57.73% of the voting rights in the Company, and the Company plays an important role within the parent company's group. The Company also accepts seconded employees to facilitate the smooth execution of railway-related construction work and strengthen its administrative and engineering functions. With regard to the protection of minority shareholders, transactions with the parent company are conducted on fair and appropriate terms and through fair and appropriate procedures, in the same manner as transactions with general companies.