Hiroshima Electric Railway Co.,Ltd. (9033) Stock Price

Market cap
¥18.8B
P/E ratio
13.9x
Hiroshima Electric Railway operates trains, buses and trams across the region while also running businesses in real estate, construction and tourism services.

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Business Overview

Hiroshima Electric Railway is a diversified company with multiple business segments. In transportation, it primarily operates rail and tramway services. In the automotive business, it works with Bihoку Transportation, H.D. Nishi-Hiroshima, and Geiyō Bus to support regional transportation infrastructure. Additionally, Hiroshima Tourism Development operates a ropeway business, and Miyajima Matsudai Steamship handles maritime transportation.

In the distribution segment, Hiroden Miyajima Garden operates retail sales. In real estate, Hiroshima Electric Railway itself engages in property leasing and real estate sales, working in coordination with the Transportation Hall and Hiroshima Bus Center. Through these operations, the company contributes to the regional real estate market.

In construction, Hiroden Construction handles civil engineering and building projects, while Daiya Industrial performs electrical and telecommunications construction work. These operations contribute to regional infrastructure development. In the leisure and services segment, Hiroden Miyajima Garden operates food and beverage services, Hiroden Plaza operates bowling facilities, and Green Birds Hiroden operates golf businesses.

Furthermore, Tabimachi Gate Hiroshima handles travel agency services and contributes to the tourism industry. Through these diverse business operations, Hiroshima Electric Railway provides a wide range of services to the regional community and contributes to regional economic development.

Management Policy

Hiroshima Electric Railway is pursuing a multifaceted growth strategy aimed at sustainable development in the regional community. Under the banner of "Creating Excitement in Hiroshima," the company operates in transportation, distribution, real estate, construction, and leisure and service businesses, while working to improve public transportation convenience and operational efficiency in the region.

In its medium-term management plan "Hiroden Group Comprehensive 3-Year Plan 2025," the company prioritizes ESG (environment, social, and governance) and implements management strategies with awareness of the SDGs (Sustainable Development Goals). Through these efforts, the company aims to strengthen its management foundation, enhance corporate value, and contribute to solving social challenges.

The company's vision is to provide safe and comfortable mobility, create new value, fulfill social responsibilities, and become a trusted presence in the region. To achieve this, the company is focusing on enhancing transportation service value, capturing new revenue opportunities, developing talent and improving the work environment, and securing a stable financial foundation.

Hiroshima Electric Railway also strengthens cooperative relationships with the regional community and fulfills its social responsibilities toward sustainable regional development through contributions to the local economy. The company is actively working to create an environment where each employee can maximize their potential.

In transportation, the company has introduced a new ticketing service called "MOBIRY DAYS," providing convenient public transportation services. Through development of the Hiroshima Station Front Bridge route, the company is increasing regional circulation and ridership. In rail operations, the company is advancing operational efficiency and labor-saving measures.

In distribution, the company is working on efficient staffing and sales channel expansion through Miyajima Service Area store operations. In real estate, the company is strategically developing condominium sales projects to secure stable revenue. In construction, the company is advancing infrastructure development and contributing to regional growth.

In leisure and service businesses, the company is providing safe and comfortable facilities while improving customer satisfaction. Through these initiatives, Hiroshima Electric Railway provides a wide range of services to the regional community and contributes to local economic development.

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