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Governance8242H2O RETAILING CORPORATIONRetail

Matters Concerning Controlling Shareholders

Explains that Hankyu Hanshin Holdings,Inc.'s voting rights ratio in the Company declined following a partial sale in 2024, and describes the policy of maintaining the current ratio. This filing itself is a routine report on the Company's relationship and transactions with its parent company, etc.

Worth reading
59In focus
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
20.12
Voting rights ownership (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Company with an Audit and Supervisory Committee
Controlling shareholder
Hankyu Hanshin Holdings,Inc., voting rights ownership ratio of 20.12%20.12%Voting rights

direct ownership: 7.27%; aggregated portion: 12.86%). The parent company's, etc. category is “Other related company.”

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.

Number of directors9 in total, including outside directors: Not disclosed
Changes this time

States that Hankyu Hanshin Holdings,Inc. partially sold its shares in the Company in 2024, resulting in a decline in its ownership ratio. Other changes this time: Not disclosed

Governance structure
ItemDetails
Corporate Governance StructureCompany with an Audit and Supervisory Committee
Number of directors9 in total, including outside directors: Not disclosed
Controlling shareholderHankyu Hanshin Holdings,Inc., voting rights ownership ratio of 20.12% (direct ownership: 7.27%; aggregated portion: 12.86%). The parent company's, etc. category is “Other related company.”
Changes this timeStates that Hankyu Hanshin Holdings,Inc. partially sold its shares in the Company in 2024, resulting in a decline in its ownership ratio. Other changes this time: Not disclosed
Items this document does not state (4)
Number of independent officersCommitteePolicy on cross-shareholdingsTakeover defenses

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.

Hankyu Hanshin Holdings,Inc.'s ownership ratio declined because it partially sold its shares in the Company in 2024. The Company considers maintaining the current ownership ratio to be the optimal approach for strengthening group cohesion while preserving management independence.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | H2O RETAILING CORPORATION (8242) timely disclosure | Komori