Keifuku Electric Railroad Co.,Ltd. (9049) Stock Price

Market cap
¥14.5B
P/E ratio
9.4x
Keifuku Electric Railroad operates trains, buses, and taxis across Japan while also running real estate, retail, hotel, and leisure businesses including an aquarium.

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Business Overview

Keifuku Electric Railroad Company is a consolidated subsidiary of Keihan Holdings Company and operates alongside six subsidiary companies. Its main business segments are transportation, real estate, and leisure and services. Through these operations, the company contributes to the local community.

In transportation, Keifuku Electric Railroad operates railway services. Additionally, Kyoto Bus Company and Keifuku Bus Company operate bus transportation services, while Keikan Transportation Company and Fukui Transportation Company handle taxi operations. Together, these operations support the region's transportation infrastructure.

In real estate, Keifuku Electric Railroad and Keifuku Real Estate Company conduct real estate sales operations. Furthermore, Keifuku Electric Railroad, Mikuni Tourism Industry Company, and Keifuku Real Estate operate real estate leasing businesses, contributing to improvements in the region's residential environment.

In leisure and services, Keifuku Electric Railroad and Keifuku Real Estate operate retail businesses. Additionally, Keifuku Real Estate operates hotel and advertising agency businesses, while Mikuni Tourism Industry Company operates an aquarium business. Through these operations, the company enhances tourism and leisure offerings.

Management Policy

Keifuku Electric Railroad Company prioritizes collaboration with local communities and aims to enhance corporate value. Its basic policy is to increase regional appeal through railway operations in the Kyoto area and bus and taxi services in the Fukui area. The company's management philosophy is to maintain a foundation of safety and security while continuously pursuing innovation and challenge.

In May 2023, the company formulated the "Keifuku Group Medium-Term Management Plan 2025" and set management targets for fiscal year 2030. To sustain growth, it aims to strengthen relationships with local communities and secure support from shareholders and customers. The company will maintain stable operations by capitalizing on business opportunities and making appropriate investments.

Specific initiatives include advancing safety management, introducing new vehicles, and promoting barrier-free accessibility in transportation operations. In real estate, the company is acquiring revenue-generating properties and developing community-focused residential subdivisions. In leisure and services, it is strengthening tourism promotion through discovering tourism resources and leveraging AI technology.

In the Fukui area, the company is implementing transportation IC cards and providing seamless mobility services as "Fukui MaaS." In administrative functions, it continues to improve the workplace environment and maintain environmental management system activities. Through these measures, the company aims to achieve sustainable growth and enhance corporate value.

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