(9048) Stock Price

Nagoya Railroad operates a diverse range of businesses centered on transportation. In its transportation operations, it provides railway services as its core business alongside Toyohashi Railroad. It also operates bus services through Meitetsu Group Bus Holdings and Meitetsu Bus. Additionally, it conducts taxi operations centered on Meitetsu Taxi Holdings.

In logistics, Meitetsu NX Transport, Shinshu Meitetsu Transport, and Shikoku Meitetsu Transport handle trucking operations, while Pacific Ferry operates maritime shipping. In real estate, Meitetsu Urban Development and Meitetsu Kyosho conduct property rental operations, while Meitetsu Building Service manages real estate.

In leisure and services, Meitetsu Hotel Holdings and Hotel Grandcourt Nagoya operate hotel businesses, while Central Alps Tourism and Oku-Hida Tourism Development operate tourism facilities. Meitetsu Travel Service handles travel agency operations, and Dentsu Meitetsu Communications provides advertising agency services.

In retail distribution, Meitetsu Department Store operates department store operations, while Meitetsu Retail Holdings and Meitetsu Kyosho handle merchandise sales. In aviation-related services, Chuo Nippon Airways and Nagoya Air Catering provide aviation-related services.

In other operations, Meitetsu EI Engineering and Meitetsu Automotive Service conduct equipment maintenance and repair operations, while Meitetsu Com handles information processing. Additionally, Yagisoken Construction undertakes construction operations, and Meitetsu Management Service and Meitetsu Insurance Service operate other service businesses.

Nagoya Railroad has been committed to enhancing regional value and contributing to long-term regional development. In March 2024, the company established a management vision that prioritizes "safety" as the foundation of trust while delivering surprise and delight to customers. This vision demonstrates the company's commitment to providing customers with peace of mind, further strengthening its trusted brand, and pursuing new challenges.

Nagoya Railroad is responding to post-pandemic social changes and population decline by pursuing sustainable growth and enhanced corporate value. The company has formulated a medium- to long-term management strategy centered on a 2040 vision and five priority themes. The three-year period from fiscal 2024 is positioned as the "Growth Foundation Building and Revenue Strengthening Phase," during which the company will focus on building foundations and enhancing profitability.

Nagoya Railroad's 2040 vision is to become a leading company that "creates regions, supports society, and enriches communities." Leveraging the opening of the Chuo Shinkansen maglev line and the expansion of Centrair's runways, the company will enhance Nagoya's appeal and work with the region to promote tourism activation and residential attraction.

Realizing a mobility network centered on public transportation is also critical. To build a regional structure suited to the era of population decline, the company will advance transportation hub development and deploy area-based MaaS solutions. These efforts will contribute to achieving a sustainable society.

Nagoya Railroad will pursue structural reforms aligned with demand, expand into growth markets, and increase added value. The company will also focus on brand enhancement to improve profitability across the entire group. The company aims to strengthen management resilience through both offensive and defensive strategies.

The company also prioritizes developing human capital. Through human capital investment, it will enhance employee well-being and advance talent acquisition and development. These efforts will support the realization of the medium- to long-term management strategy.