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Tokyu

#2191

Rank

$6.66B

MarketCap JP

JP Japan

Country

Summary
Tokyu Corporation, together with its subsidiaries, engages in the transportation, real estate, life services, and hotel and resort businesses in Japan and internationally. It is involved in railway, bus, and airport operations; real estate sales, leasing, and management activities; department store, chain store, shopping center, advertising, imaging, and CATV operations; and hotel and golf course operations. Tokyu Corporation was founded in 1918 and is headquartered in Tokyo, Japan.

History

The oldest predecessor of company was the Musashi Electric Railway , opened in 1908; the railway's operations were converted into a company in 1910. Keita Got?, now known as a notable Japanese industrialist, was appointed as the CEO of the Musashi Electric Railway in 1920 and later he began a mass expansion program. The most important predecessor was first registered on September 2, 1922, as the Meguro-Kamata Electric Railway and is related to the construction of Den-en-ch?fu ; it was acquired by the Musashi Electric Railway in 1924, shortly before Musashi was renamed into the Tokyo-Yokohama Electric Railway , also known as the Toyoko, in the same year.

After Musashi/Toyoko's acquisition, the Meguro-Kamata Electric Railway initially operated as a subsidiary of Toyoko. It was not until 16 October 1939 that both Toyoko and Meguro-Kamata Electric railways were formally merged; the new company took the Toyoko name.

In 1938, Toyoko established Toyoko Eiga , possibly for competition with Ichizo Kobayashi's Toho Company. It became the Toei Company in 1951.

Toyoko took its current name on 1 May 1942, after the Japanese government forced the company to acquire the Odawara Express Railway and the Keihin Electric Railway in 1943 to support Japan's efforts in World War II. In 1944 it also acquired the Keio Teito Electric Railway . In 1948, Tokyu divested the forced-acquired companies, and the divested companies are now known as Odakyu Electric Railway, Keikyu Corporation, and Keio Corporation respectively. The 1943–1948 era of Tokyu was colloquially known as Dai-Tokyu .


Mission
Our mission is to create attractive assets, environments and services that contribute to the quality of life of our customers, the development of the surrounding area, and the well-being of our stakeholders.

Vision
We aspire to be a leading corporate group providing unique value and experiences, driving sustainable growth and creating a rich quality of life for all.

Key Team

Mr. Yasuyuki Izumi (Managing Director, Gen. Mang. of Group Bus. Division and Exec. Officer)

Mr. Toshiyuki Ichiki (Sr. Managing Exec. Officer)

Mr. Hirohisa Fujiwara (Managing Exec. Officer & Director)

Mr. Toshiyuki Takahashi (Sr. Managing Exec. Officer & Director)

Mr. Setsu Hamana (Managing Exec. Officer & Director)

Mr. Yoshiomi Yuasa (Pres -Izukyu Coporation and Representative Director-Izukyu Coporation)

Mr. Masahiro Horie (Managing Exec. Officer & Director)


Recognition and Awards
In 2018, Tokyu Corporation received the Sustainability Award from the Japan Cabinet Office Environment Ministerial Awards for its green initiatives.

References
Tokyu
Leadership team

Mr. Kazuo Takahashi (Pres & Representative Director)

Hiroaki Nishimura (GM and Sr. Mang. of Accounting & IR Group)

Mr. Toshiyuki Hoshino (Sr. Managing Exec. Officer & Director)

Products/ Services
Energy, Logistics, Supply Chain Management, Transportation, Warehousing
Number of Employees
20,000 - 50,000
Headquarters
Iwamizawa, Hokkaido, Japan
Established
1959
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
9005.T
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