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Tokyu Corporation

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Tokyu Corporation
Tokyu, T?ky? Dentetsu, T?ky? Ky?k? (before 2006), TKK (from T okyo K yuko K abushikigaisha )
Native name
東急株式?社
T?ky? kabushiki-gaisha
Formerly 東京急行電?株式?社
T?ky? Ky?k? Dentetsu KK (1 May 1942-1 Sep 2019)
Company type Public ( Kabushiki gaisha )
Industry Conglomerate
Predecessor
  • Musashi Electric Railway
  • Meguro-Kamata Electric Railway
Founded May 16, 1910 ; 114 years ago  ( 1910-05-16 ) (as Musashi Electric Railway Company; renamed Tokyo-Yokohama Electric Railway in October 25, 1924 ; 99 years ago  ( 1924-10-25 ) )
September 2, 1922 ; 101 years ago  ( 1922-09-02 ) (Meguro-Kamata Electric Railway)
October 16, 1939 ; 84 years ago  ( 1939-10-16 ) (current iteration of company)
Renamed Tokyu in May 1, 1942 ; 82 years ago  ( 1942-05-01 )
Founder Keita Goto
Headquarters ,
Japan
Area served
Tokyo and Kanagawa.
Key people
President-Director Chairperson Representative Director
Kiyobumi Kamijo Toshiaki Koshimura
Services passenger railways
other related services
Owner MTBJ investment trusts (8.04%)
Dai-ichi Life (5.55%)
Custody Bank of Japan investment trusts (4.32%)
Nippon Life (3.89%)
SMTB (3.70%)
Parent Tokyu Group
Website www .tokyu .co .jp
Tokyu Railways Company, Ltd. [1]
Tokyu, T?ky? Dentetsu, T?ky? Ky?k? (before 2006), TKK (from T okyo K yuko K abushikigaisha )
Native name
東急電?株式?社
T?ky? Dentetsu kabushiki gaisha
Company type Subsidiary
Industry Private railroad
Founded April 25, 2019 ; 5 years ago  ( 2019-04-25 ) (incorporation)
October 1, 2019 ; 4 years ago  ( 2019-10-01 ) (effective reorganization)
Founder Keita Goto
Headquarters Shibuya First Place
8-16 Shinsench? , ,
Japan
Area served
Tokyo and Kanagawa.
Key people
Hirofumi Nomoto (CEO)
Services passenger railways
other related services
Owner Tokyu Group
Parent Tokyu Corporation
Website www .tokyu .co .jp /railway

The Tokyu Corporation ( 東急株式?社 , T?ky? kabushiki-gaisha ) , a contraction of and formerly T? ky? Ky? k? Dentetsu kabushiki gaisha ( 行電?株式?社 , " Tokyo Express Electric Railway Share Company ") until 2 September 2019, is a Japanese keiretsu or conglomerate headquartered in Shibuya , Tokyo . While a multinational corporation , its main operation is the Tokyu Railways Company, Ltd. [1] ( ja:東急電? 株式?社 , T?ky? Dentetsu kabushiki gaisha ) , a wholly-owned subsidiary operating railways in the Greater Tokyo Area .

History [ edit ]

Logo of the Meguro-Kamata Electric Railway
Logo of the Tokyo-Yokohama Electric Railway
Former Tokyu logo

The oldest predecessor of company was the Musashi Electric Railway ( 武?電??道 , Musashi Denki Tetsud? ) , opened in 1908. The railway's operations were converted into a kabushiki gaisha (company) in 1910. Keita Got? , now a notable Japanese industrialist, was appointed as the CEO in 1920 and he began a major expansion program.

The most important predecessor was first registered on September 2, 1922, as the Meguro-Kamata Electric Railway ( 目?蒲田電? , Meguro-Kamata Dentetsu ) and is related to the construction of Den-en-ch?fu . It was originally founded by the developers of Den-en-ch?fu). It was acquired by the Musashi Electric Railway in 1924, shortly before Musashi was renamed into the Tokyo-Yokohama Electric Railway ( 東京?浜電? , T?ky?-Yokohama Dentetsu ) , also known as the Toyoko, in the same year.

After Musashi/Toyoko's acquisition, the Meguro-Kamata Electric Railway initially operated as a subsidiary of Toyoko. It was not until 16 October 1939 that both Toyoko and Meguro-Kamata Electric railways were formally merged and the new company took the Toyoko name.

In 1938, Toyoko established Toyoko Eiga [ja] , possibly for competition with Ichizo Kobayashi 's Toho Company . It became the Toei Company in 1951.

Toyoko took its current name on 1 May 1942, after the Japanese government forced the company to acquire the Odawara Express Railway and the Keihin Electric Railway in 1943 to support Japan's efforts in Pacific War of World War II . In 1944 it also acquired the Keio Teito Electric Railway (which had merged with Odawara Express before in 1940).

In 1948, after the war, Tokyu divested the forced-acquired companies, and the divested companies are now known as Odakyu Electric Railway , Keikyu Corporation , and Keio Corporation respectively. The 1943?48 era of Tokyu was colloquially known as Dai-Tokyu (lit. Great Tokyu ).

Tokyu lines [ edit ]

Tokyu route map
Line Symbol Route Length (km) Stations Year opened Max speed (km/h)
T?yoko Line TY Shibuya Yokohama 24.2 21 1926 110
Meguro Line MG Meguro Hiyoshi 11.9 13 1923 110
Den-en-toshi Line DT Shibuya Ch??-rinkan 31.5 27 1907 110
?imachi Line OM ?imachi Mizonokuchi 10.4 16 1927 85
Ikegami Line IK Gotanda Kamata 10.9 15 1922 80
Setagaya Line SG Sangen-Jaya Shimo-Takaido 5.0 10 1925 40
T?ky? Tamagawa Line TM Kamata Tamagawa 5.6 7 2000 80
T?ky? Shin-yokohama Line SH Shin-yokohama Hiyoshi 5.8 3 2023
Total (8 lines) 105.3 96

Tokyu also operates the Kodomonokuni Line ( Nagatsuta Station ? Kodomonokuni Station , 3.4 km) under contract with and on behalf of Yokohama Minatomirai Railway Company .

Topological route map

Related businesses [ edit ]

The Tokyu Group also owns two smaller railroad companies, Ueda K?ts? and Izuky? Corporation ; several bus companies; and a major upscale department store chain, the Tokyu Department Store operating in Japan and the MBK Center in Bangkok , Thailand. Other retail operations include Tokyu Hands stores (except for the two locations in Nagoya , which are owned by Sanco Creative Life Co., indirectly controlled by Kintetsu Group Holdings , and operated under license). It also runs a number of hotels under the names Tokyu/Pan Pacific in Japan and formerly owned the Pan Pacific Hotels abroad, which it sold to UOL Limited of Singapore.

Formerly the owner of Japan Air System (JAS), Tokyu used to be the largest shareholder of Japan Airlines Holdings (JAL) following JAS's merger with JAL. The Tokyu Group also owns and operates the upscale Tokyu Hotels and budget Tokyu Inns.

From 1958 until 2001, Tokyu also owned the Japanese (now American) Shirokiya department store company. It was the owner of Mago Island until 2005, when Mel Gibson purchased it for US$15 million. [2]

Tokyu Corporation is also the largest single shareholder in the Shizuoka Railway Company , but its holdings in the railway are not part of the group.

Rolling stock [ edit ]

New Tokyu 2020 series ten-car EMUs and Tokyu 6020 series seven-car EMUs have entered service since early 2018. [3] [4]

See also [ edit ]

References [ edit ]

  1. ^ a b "Company Profile|Company Outline|Tokyu Railways" . 東急電? . Retrieved 2020-05-22 .
  2. ^ "Mel Gibson buys Fijian island" . Los Angeles Times . 3 March 2005 . Retrieved 1 June 2024 .
  3. ^ Ueshin, Daisuke (17 March 2017). 東急田園都市線2020系、新型車?は「これまでにない新しさ」2018年春導入へ [New Tokyu Denentoshi Line 2020 series trains to be introduced in spring 2018]. Mynavi News (in Japanese). Japan. Archived from the original on 19 March 2017 . Retrieved 22 March 2017 .
  4. ^ Ueshin, Daisuke (12 October 2017). 東急大井町線、新型車?6020系を?春導入! 急行を7?編成化、3月ダイヤ改正 [New Tokyu Omimachi Line 6020 series trains to be introduced next spring - express services to be lengthened to 7 cars by March timetable revision]. Mynavi News (in Japanese). Japan. Archived from the original on 12 October 2017 . Retrieved 12 October 2017 .

External links [ edit ]