Tokyo Kisen Co.,Ltd. (9193) Stock Price

Tokyo Kisen operates multiple business segments and provides diverse services. The main business segments include tugboat operations, passenger ship operations, and retail and dining operations. These businesses are managed by the company and its affiliated companies.

In tugboat operations, the company provides tugboat services such as harbor tugs and escort tugs. It also handles bay entrance pilot boat operations, standby vessel services, towing operations, ship leasing services, and marine disaster prevention services. Additionally, it operates offshore wind farm service vessels (CTVs).

In passenger ship operations, the company operates car ferry services and sightseeing ship services. Specifically, Tokyo Bay Ferry operates car ferry services between Kurihama and Kanaya, while Port Service operates sightseeing ship services and transport vessel services in Yokohama Port.

Retail and dining operations include merchandise sales and restaurant services related to car ferry operations. Ferry Kogyo manages this segment and provides services to passengers, thereby enhancing passenger convenience.

Tokyo Kisen positions "maritime safety support" as its growth strategy, contributing to the efficiency of maritime traffic and environmental conservation through the operation of tugboats, pilot boats, and offshore wind farm service vessels (CTVs). In particular, its tugboat business supports safe navigation of vessels throughout Tokyo Bay and maintains a rapid response system for maritime accidents.

The company designates offshore wind power-related operations as a growth sector and is expanding the operation of related vessels, including CTVs. As a community-focused marine business, it also operates car ferries and sightseeing vessels, providing regional water mobility services. Through these initiatives, the company aims to contribute to local communities.

Decarbonization is also a key component of its strategy. Following the launch of the electric-powered tugboat "Taiga," the company is developing low-emission tugboats. Additionally, it is advancing IT sophistication and digitalization to improve operational efficiency. These efforts aim to enhance profitability and fund investment in new growth areas.

Tokyo Kisen prioritizes management with social responsibility, operating based on environmental management systems. The company has established high HSEQ standards and implemented systems that address occupational safety and health. Through these measures, it aims to earn trust from maritime stakeholders and general customers.

The company pursues improved profitability and capital efficiency without setting specific numerical targets. It focuses on improving operating profit margin and net profit margin, working to reduce operational costs and enhance work unit pricing. These efforts support sustained growth.