Kanagawa Chuo Kotsu Co.,Ltd. [9081.T]
TOKYO, May 20 (Pulse News Wire) – Kanagawa Chuo Kotsu CO.,LTD. (9081.T) reported that as of March 31, 2026, Odakyu Electric Railway Co., Ltd.
Holds 45.54% of its voting rights, making it the largest shareholder. Odakyu Electric Railway owns 45.49% directly and an additional 0.05% through related companies. Odakyu Electric Railway, which operates rail services, is also a significant partner in Kanagawa Chuo Kotsu's bus transportation operations. The two companies collaborate closely, particularly around stations in Kanagawa Prefecture and parts of Tokyo.
Despite this relationship, Kanagawa Chuo Kotsu maintains operational independence, with low sales ratios to Odakyu Electric Railway and its group companies. In addition, Kanagawa Chuo Kotsu disclosed that as of March 31, 2026, one director serves concurrently as the chairman of Odakyu Electric Railway’s board of directors. This arrangement aims to enhance the functionality of Kanagawa Chuo Kotsu’s board of directors by leveraging the extensive experience and knowledge of the executive involved. Regarding transactions with major shareholders, Kanagawa Chuo Kotsu reported that during fiscal 2025, it engaged in various transactions totaling ¥60.359 billion, primarily involving property leasing and bus transportation services entrusted to Odakyu Electric Railway.
All such agreements are negotiated individually and set according to general transaction conditions.
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