DAIICHI KOUTSU SANGYO Co.,Ltd. (9035) Stock Price

Daiichi Kotsu Sangyo is a group company that operates multiple businesses centered on taxi and bus transportation services, along with real estate sales, leasing, redevelopment, and real estate financing. Through numerous subsidiaries, the group covers the entire nation, operating taxis across 121 companies, 193 business locations, and a fleet of 7,711 vehicles.

The company's primary customers are diverse, including general passengers hailing taxis on the street, corporate group transportation and contract customers, real estate buyers and tenants, and borrowers of real estate financing. Revenue is primarily generated from taxi and bus fares, real estate sales and rental income, and interest from real estate financing, while ancillary businesses such as parking facilities, vehicle maintenance, and LPG sales provide stable supplementary income.

The business is divided into six main segments: taxi, bus, real estate sales, real estate leasing, real estate redevelopment, and real estate financing. The taxi business operates various vehicle types across wide service areas, while the bus business runs both scheduled routes and charter services. Real estate sales focus on urban condominiums with some single-family home sales, leasing operations hold approximately 96 buildings including dining facilities, and the company further diversifies revenue through redevelopment projects and real estate-backed loan services.

The company aims to increase consolidated revenue and consolidated profit, with a management target of securing a stable return on equity (ROE) of 10% or higher. Its core taxi business operates 121 companies, 193 business locations, and 7,711 vehicles across the group. Building on this foundation, the company will improve investment efficiency through consolidation and relocation of business locations, and pursue M&A as needed. Additionally, the company strengthens its revenue structure by utilizing a cash management system for centralized group fund management, optimizing surplus funds, and reducing interest-bearing debt.

The company prioritizes community-based transportation services and real estate operations as key investment areas, pursuing revenue diversification through synergies between the two. Beyond taxi and bus transportation revenue, the company secures stable cash flow through real estate sales, leasing, redevelopment, and real estate finance income, as well as ancillary businesses including parking, maintenance, and LP gas. In real estate, the company emphasizes supply in prime locations, affordable single-family homes for lower-income households, and acquisition of high-yield properties. For real estate finance, the company specializes in secured lending and strengthens risk management through stricter credit standards.

The company pursues new market development across both urban and regional areas. While expanding through M&A in high-demand major metropolitan areas and regional cities, it addresses local transportation needs through MaaS (mobility-as-a-service) participation in Okinawa and Kyushu, and new services such as child-care support taxis and shared ride taxis. Internationally, the company strengthens chauffeur services for expatriates, sightseeing shuttles, maintenance, and real estate investment in Myanmar and India, expanding the group's business scope domestically and globally.

The company views technological innovation as a critical pillar of management, actively advancing electric vehicle adoption and digitalization. Through the "National Taxi EV Conversion Project," the company accumulates EV taxi expertise and continues demonstration operations. In Okinawa, it operates three EV buses and participates in autonomous bus demonstrations. For dispatch and payment services, the company advances its proprietary dispatch app "Motaku," partnerships with other apps, QR code and electronic money payments, and multilingual support, while pursuing operational efficiency and safety improvements through remote vehicle inspections.