
Formed in 1924 by Hisamichi Akabane and Shigesaburo Takagi as Fudosan Ginko, the company changed its name to Tokyu Fudosan KK in 1926 and became a subsidiary of the parent company, Tokyu Corporation, in 1934. The company was initially responsible for constructing and maintaining the human infrastructure necessary for its parent Tokyu Corporation's initiatives in rail transportation.