Hankyu Hanshin Holdings
Native name | 阪急阪神ホールディングス株式会社 |
---|---|
Formerly | "Old" H2O Retailing Corporation Toho Company, Ltd. |
Website | holdings |
Hankyu Hanshin Holdings, Inc. (阪急阪神ホールディングス株式会社, Hankyū Hanshin Hōrudingusu Kabushiki-gaisha) is a Japanese
On October 1, 2006, Hankyu Holdings changed its name to the present corporate name following the merger with Hanshin Electric Railway. On the same day Hankyu Corporation Group was renamed Hankyu Hanshin Holdings Group, and the Hankyu Toho Group renamed Hankyu Hanshin Toho Group.
The operations of the company are centered on transportation, retailing, real estate, entertainment and media.
The transportation segment is the company's main cashflow generating business and comprises the railway companies
. The company also owns various taxi and bus franchises.Hankyu and Hanshin also both had air cargo and express freight subsidiaries, which were combined in the Hankyu Hanshin Express Holdings company.
The retailing business is mainly concentrated in the company's large shareholding of H2O Retailing, the company formed via the merger of the Hankyu and Hanshin Department Store companies.
The company owns and operates many hotels, and is developing real estate projects mainly on land along its railway lines through its subsidiary Hankyu Realty, which was previously separately listed, but fully acquired through a stock swap in 2002.
The group has a controlling stake in
(As of August 2009)[2]
Japan Trustee Services Bank, various accounts | 11.06% |
Nippon Life Insurance
|
3.35% |
The Master Trust Bank of Japan | 3.00% |
Sumitomo Mitsui Banking Corporation | 2.43% |
H2O Retailing | 1.60% |
Mitsubishi UFJ
|
0.88% |
Takenaka Corporation | 0.73% |
In 2006, the activist Fund Privee Zurich Turnaround Group run by Kenzo Matsumara (which later assumed the name Privee Investment Holding, was then acquired by e-Revolution co. Ltd. and now renamed Privee Fund Group) took a major stake in Hankyu Holdings, hoping to boost efficiencies in the very diverse holdings of the Hankyu-Toho group.
Listed companies in which Hankyu Hanshin Holdings directly holds a stake
- Kobe Electric Railway, first section of the Osaka Securities Exchange, 9046, 27.7% stake
- Sanyo Electric Railway, first section of the Osaka Securities Exchange 9052, 17.38% stake
- OS Company, Ltd., second section of the Osaka Securities Exchange 9637, 22% stake
- H2O Retailing, first section of the Tokyo Stock Exchange and Osaka Securities Exchange 8242, 21.8% stake
- Tokyo Rakutenchi Company, Ltd., first section of the Tokyo Stock Exchange 8842, 17.8% stake
- Hankyu REIT, first section of the Tokyo Stock Exchange 8977, 4.1% stake
- Toho Co, Ltd., first section of the Tokyo Stock Exchange and Osaka Securities Exchange, Fukuoka Stock Exchange 9602, 20.15% stake
Sports franchises
Hankyu once owned of a professional baseball team in Japan, known as the Hankyu Braves. In 1988, the team was sold to Orient Leasing Co. (which changed its name to
References
External links
- Hankyu Hanshin Holdings, Inc. (in Japanese)
- "Company history books (Shashi)". Shashi Interest Group. April 2016. Wiki collection of bibliographic works on Hankyu Hanshin Holdings