(9672) Stock Price

Tokyo Metropolitan Horse Racing operates multiple business segments and provides a wide range of services and operations. Below is an overview of its main business activities.

1. **Public Gaming Operations**

Tokyo Metropolitan Horse Racing leases Ohi Racecourse and off-track betting facilities to local public entities to support horse racing events. It also operates "SPAT4," an online betting system for the four South Kanto racetracks. Additionally, it leases Isesaki Auto Race Track to support auto racing events.

2. **Amusement Park Operations**

Tokyo Metropolitan Horse Racing operates "Tokyo Summerland," a comprehensive leisure facility. This facility is managed by its consolidated subsidiary, Tokyo Summerland Co., Ltd., and provides various leisure experiences.

3. **Warehouse Leasing Operations**

Tokyo Metropolitan Horse Racing leases logistics facilities and logistics land. These facilities are leased to other companies through Tokyo Warehouse Co., Ltd., supporting logistics operations.

4. **Service Operations**

Tokyo Metropolitan Horse Racing manages and operates the commercial facility "Villa Ohi" and office buildings. It also owns storage units, rental apartments, and rental restaurants. Additionally, through TAC Co., Ltd., it handles the design and construction management of air conditioning systems.

Through these business operations, Tokyo Metropolitan Horse Racing meets diverse needs and contributes to the local community.

Tokyo Keiba operates under the corporate philosophy of "Envisioning possibilities in spaces and creating smiles for people." The company prioritizes the safety and security of visitors to public venues such as racetracks and amusement parks, and conducts business with consideration for the public interest. Going forward, the company aims to contribute to social development by pursuing diversified business operations, maintaining honest and sound management practices, and actively addressing social challenges.

Under its "Third Medium-Term Management Plan ~ Galloping into the future ~," the company uses key performance indicators including revenue, operating profit, and return on equity (ROE) to enhance corporate value. This approach enables the company to pursue sustainable growth from both profitability and capital efficiency perspectives.

The operating environment is affected by domestic and international price increases, changing consumer behavior, and population decline. In this uncertain environment, Tokyo Keiba captures business environment changes accurately and responds appropriately to drive growth and development across the entire group.

As the company marks its 75th anniversary in 2024, it has formulated the "Long-Term Management Vision 2035." This vision identifies labor shortages due to an aging and declining population, digital innovation, and ESG initiatives as critical priorities. By addressing these challenges, the company aims to enhance corporate value.

In particular, the company's ESG management strategy is built on three pillars: "PLACE," "PEOPLE," and "PLANET," with the goal of contributing to a sustainable society. Additionally, to promote the development of Ohi Racecourse, the company is working on stable operation of SPAT4 and facility improvements at Ohi Racecourse.