NiigataKotsu Co.,Ltd. (9017) Stock Price

Market cap
¥7.8B
P/E ratio
11x
Niigata Kotsu operates buses, taxis, hotels, travel services, and real estate across Japan's Niigata region through multiple subsidiaries.

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Business Overview

Niigata Kotsu Co., Ltd. is a diversified corporate group with multiple business segments. Its main business segments include transportation, real estate, merchandise sales, travel, lodging, airline agency services, and other operations. These businesses are operated by Niigata Kotsu and its subsidiaries and affiliated companies.

In the transportation segment, the company operates passenger bus services and taxi services. Niigata Kotsu Kanko Bus Co., Ltd. and Niigata Kotsu Sado Co., Ltd. are active in this field, supporting regional transportation infrastructure. Additionally, Minato Taxi Co., Ltd. operates taxi services.

In the real estate segment, the company engages in real estate leasing and real estate sales. Niigata Kotsu itself manages this segment and contributes to the regional real estate market. Through leasing and sales activities, the company aims to improve residential and commercial environments in the region.

In the merchandise sales segment, the company operates retail sales operations. Niigata Kotsu Shoji Co., Ltd. and Niigata Maruoka Co., Ltd. are active in this field, providing diverse products to regional consumers. This contributes to the vitalization of the regional economy.

In the travel segment, the company operates general travel agency services. Niigata Kotsu Sado Co., Ltd. and Niigata Kotsu Service Center Co., Ltd. are active in this field, offering diverse travel plans to travelers. The company contributes to the development of the tourism industry.

In the lodging segment, the company operates hotel and inn services. Silver Hotel Co., Ltd. and Kokusai Sado Kanko Hotel Co., Ltd. are active in this field, providing accommodation facilities. The company offers comfortable stays to tourists and supports the region's tourism industry.

In the airline agency segment, the company operates airline agency services. Niigata Aviation Service Co., Ltd. is active in this field, providing aviation-related services. The company strengthens collaboration with the aviation industry and improves regional transportation convenience.

In other business segments, the company operates advertising agency services and cleaning services. Shin-Koki Planning Co., Ltd. handles advertising agency operations, while Niigata Koyuu Business Co., Ltd. handles cleaning services, supporting regional business activities. This contributes to the development of regional society.

Management Policy

Niigata Kotsu Co., Ltd. operates a diverse range of businesses while prioritizing its bonds with the local community as it pursues growth. Centered on its core transportation business, the company also operates real estate, retail sales, travel services, inn operations, and air ticketing services. Through these operations, the company contributes to regional transportation infrastructure and economic vitalization.

The company has formulated a three-year medium-term management plan beginning in fiscal year 2023 and is undertaking a post-COVID business review. It aims to rebuild a stable profitable business model and develop new revenue streams while enhancing corporate value. In particular, the transportation business prioritizes safe operations and focuses on securing drivers and optimizing efficient scheduling.

In the real estate business, the company promotes regional vitalization through leasing and event planning. It is advancing initiatives in partnership with Niigata City policies, particularly to enhance the value of Bandai City. In retail sales, the company is developing original products utilizing Niigata Prefecture's specialty items and expanding distribution channels.

In the travel business, the company develops travel packages tailored to diverse customer needs. Educational travel and "Crayon" planned tours serve as revenue pillars, offering compelling travel proposals. In inn operations, the company improves quality and service while supporting the region's tourism industry.

Through these initiatives, Niigata Kotsu continues to grow by adapting to a changing business environment while building its foundation on cooperative relationships with the local community. Going forward, the company remains committed to strengthening its business foundation and fulfilling its role as a company that contributes to society.

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