Governance structure
direct ownership: 43.47%; portion included in calculation: —). It is the parent company, and its issued shares are listed on the Prime Market of the Tokyo Stock Exchange, Inc.
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.
| Item | Details |
|---|---|
| Number of directors | 11 in total; number of outside directors: Not disclosed |
| Controlling shareholder | Keihan Holdings Co.,Ltd., voting rights ownership ratio: 43.47% (direct ownership: 43.47%; portion included in calculation: —). It is the parent company, and its issued shares are listed on the Prime Market of the Tokyo Stock Exchange, Inc. |
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.To disclose matters concerning controlling shareholders, etc. Transactions with the parent company are conducted on appropriate terms equivalent to those of general transactions, with decisions made after confirming the details of the transactions and the appropriateness of their terms.