Governance structure
Company with an Audit and Supervisory Committeedirect ownership: 45.49%; portion included in the aggregate: 0.05%). It is an other affiliated company and a listed 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.
No changes from the previous report are described.
| Item | Details |
|---|---|
| Corporate Governance Structure | Company with an Audit and Supervisory Committee |
| Number of directors | 9 directors (of whom the number of outside directors is not disclosed) |
| Controlling shareholder | Odakyu Electric Railway Co.,Ltd., with a voting rights ownership ratio of 45.54% (direct ownership: 45.49%; portion included in the aggregate: 0.05%). It is an other affiliated company and a listed company. |
| Changes this time | No changes from the previous report are described. |
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.Collaboration with Odakyu Electric Railway Co.,Ltd. can generate synergies with the railway business. In addition, the Company seeks to strengthen the functions of its Board of Directors by applying the extensive experience and knowledge of the company's Representative Director and Chairman to the Company's management.