Governance structure
parent company), voting rights ownership ratio: 68.4% (direct ownership
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.
This is the number of people reported to the exchange as independent officers. Whether someone is an outside officer and whether they qualify as independent are separate determinations.
Borrowed ¥2.5 billion from the parent company as of 30 September 2026. Disclosed the framework under which important transactions with the parent company are reviewed and approved in advance by a board of directors in which independent outside directors account for at least one-third, as well as the review procedures for this borrowing.
| Item | Details |
|---|---|
| Number of directors | 9 directors, including 4 outside directors |
| Number of independent officers | 4 |
| Controlling shareholder | NIPPON PARKING DEVELOPMENT Co.,Ltd. (parent company), voting rights ownership ratio: 68.4% (direct ownership) |
| Changes this time | Borrowed ¥2.5 billion from the parent company as of 30 September 2026. Disclosed the framework under which important transactions with the parent company are reviewed and approved in advance by a board of directors in which independent outside directors account for at least one-third, as well as the review procedures for this borrowing. |
Items this document does not state (4)
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.The Company determined that the borrowing terms from the parent company provide flexibility suited to its funding needs and cash flow and are not unreasonable compared with borrowing terms from domestic financial institutions.