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Tokyu Fudosan Upholds Independence Amidst Group Synergy

Tokyu Fudosan Upholds Independence Amidst Group Synergy

Tokyu Fudosan Holdings (JP:3289) has released an update.

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Tokyu Fudosan Holdings Corporation reports no significant transactions with its controlling shareholder, Tokyu Corporation, for the fiscal year ended March 31, 2024. Tokyu Corporation, which holds 16.06% of voting rights in Tokyu Fudosan, shares a director with the company but maintains a level of independence in its management decisions. The company emphasizes its commitment to enhancing the ‘Tokyu’ brand value and cooperates with Tokyu Group companies while ensuring its independent operations.

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