TOKYO, Apr 14 (Pulse News Wire) – Toho Co.,ltd (9602.T) disclosed details regarding its controlling shareholders and related companies as of February 28, 2026. According to the report, the major shareholder is Hankyu Hanshin Holdings Co., Ltd., which holds 13.58% of voting rights directly and 9.03% through associated entities, totaling 22.62%.
Hankyu Hanshin Holdings Co., Ltd. is part of the Hankyu Hanshin Toho Group, alongside Toho Co.,ltd and H2O Retailing Co., Ltd. It acts as a holding company overseeing five core subsidiaries: Hankyu Railway Co., Ltd., Hanshin Electric Railway Co., Ltd., Hankyu Hanshin Properties Co., Ltd., Hankyu Travel Bureau Co., Ltd., and Hankyu Hanshin Express Co., Ltd. While there are limited transactions between Toho Co.,ltd and some group members, such as property leasing agreements with Hankyu Railway Co., Ltd.
And Hankyu Hanshin Properties Co., Ltd., and minor regular dealings with Hankyu Travel Bureau Co., Ltd. and Hankyu Hanshin Express Co., Ltd., TOHO maintains significant independence from Hankyu Hanshin Holdings Co., Ltd. There are no transactions between Toho Co.,ltd and its controlling shareholders. The company believes that while being part of the larger group offers certain benefits, such as leveraging the well-known "Hankyu" and "Hanshin" brands, it does not pose substantial risks or constraints due to its focus on general consumers.
Additionally, TOHO's board includes one non-executive director who also serves as CEO of Hankyu Hanshin Holdings Co., Ltd., aimed at fostering collaboration within the group but ensuring operational autonomy.
🟡 Confidence: Standard AI-translated content.