Governance structure
parent company, voting rights ownership ratio: 63.0%, including indirect ownership). 近畿日本鉄道株式会社 is another affiliated company, with direct ownership of 46.6%.
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.
Changes from the previous report: Not disclosed
| Item | Details |
|---|---|
| Number of directors | 6 directors in total, including 2 independent outside directors (the total number of outside directors is Not disclosed) |
| Number of independent officers | 2 |
| Controlling shareholder | Kintetsu Group Holdings Co.,Ltd. (parent company, voting rights ownership ratio: 63.0%, including indirect ownership). 近畿日本鉄道株式会社 is another affiliated company, with direct ownership of 46.6%. |
| Changes this time | Changes from the previous report: Not disclosed |
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 parent company explained that, as the holding company of the Kintetsu Group, it controls 近畿日本鉄道株式会社 as a wholly owned subsidiary and therefore has the greatest influence on the Company. To protect minority shareholders, the board of directors, with the participation of independent outside directors, considers non-routine transactions, and the board determines whether transactions with the parent company could harm the Company's interests.