Keikyu Corporation (9006) Stock Price

Market cap
¥431.7B
P/E ratio
13.6x
Keikyu Corporation operates railways, buses, and taxis in Japan while running hotels, department stores, real estate, and leisure facilities to serve local communities.

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Business Overview

Keikyu Corporation operates multiple business segments across diverse sectors. Below is an overview of its main business operations.

1. **Transportation Business**: Keikyu Corporation's core business is railway operations. The company also operates bus services through Keikyu Bus, Kawasaki Tsurumi Rinko Bus, and Toyo Kanko. Additionally, it provides taxi services through Keikyu Traffic and Keikyu Yokohama Automobile.

2. **Real Estate Business**: Keikyu Corporation and Keikyu Real Estate handle real estate sales and leasing. Keikyu Development and Rinko Estate also engage in rental operations, meeting regional real estate needs.

3. **Leisure and Service Business**: Keikyu Corporation operates business hotel operations in partnership with Keikyu EX Inn. Through Keikyu Development, Ichihara Keikyu Country Club, and Hayama Marina, the company provides leisure-related facilities.

4. **Retail Business**: Through Keikyu Department Store and Keikyu Store, the company operates department stores, shopping centers, and retail stores, providing diverse products and services to local residents.

5. **Other Businesses**: Keikyu Construction handles civil engineering and construction work, while Keikyu Fine Tech provides repair services for transportation equipment. Keikyu Electric manages electrical construction, and Keikyu Service handles building management. Kamoi Driving School operates a driver training facility.

Through these operations, Keikyu Corporation contributes to the local community and meets diverse customer needs.

Management Policy

Keikyu Corporation aims to create new value through businesses that support urban life and contribute to society's development. The company believes that the sustainable realization of this mission enhances both social and corporate sustainability, and has therefore established a Sustainability Basic Policy. Through this approach, the company seeks continuous improvement in both social and corporate value.

The company is advancing its 20th Comprehensive Management Plan, with fiscal 2024 through fiscal 2040 as the period for realizing its long-term vision, and fiscal 2024 through fiscal 2026 as its medium-term management plan period. This plan is grounded in the Sustainability Promotion Policy and centers on the "沿線 Value Co-Creation Strategy," which focuses on mutual value creation between the mobility platform and the town development platform.

The 沿線 Value Co-Creation Strategy aims to generate new value through mutual value creation between the mobility and town development platforms, pursuing sustainable development for both the region and the company. The mobility platform, centered on railway operations, expands town value and the service area through optimization of transportation environments via mobility services.

Additionally, in its real estate business, the company is transitioning from long-term holding rental operations to a turnover-based business model to improve capital returns. The company plans to establish private funds and private REITs, with a goal to liquidate real estate assets totaling 100 billion yen or more by fiscal 2030.

Furthermore, the company pursues sustained corporate value enhancement through customer-centric approaches, human capital management promotion, and strengthened financial management. In particular, the company is advancing development of the "Growth Triangle Zone" connecting Shinagawa, Haneda, and Yokohama to drive regional development and revitalization.

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