DOCSLIB.ORG

Takashimaya / 8233

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Takashimaya / 8233 COVERAGE INITIATED ON: 2012.06.21 LAST UPDATE: 2018.12.03 Shared Research Inc. has produced this report by request from the company discussed in the report. The aim is to provide an “owner’s manual” to investors. We at Shared Research Inc. make every effort to provide an accurate, objective, and neutral analysis. In order to highlight any biases, we clearly attribute our data and findings. We will always present opinions from company management as such. Our views are ours where stated. We do not try to convince or influence, only inform. We appreciate your suggestions and feedback. Write to us at [email protected] or find us on Bloomberg. Research Coverage Report by Shared Research Inc. Takashimaya / 8233 RCoverage LAST UPDATE: 2018.12.03 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp INDEX How to read a Shared Research report: This report begins with the trends and outlook section, which discusses the company’s most recent earnings. First-time readers should start at the business section later in the report. Key financial data ------------------------------------------------------------------------------------------------------------------------------------- 3 Recent updates ---------------------------------------------------------------------------------------------------------------------------------------- 4 Highlights ------------------------------------------------------------------------------------------------------------------------------------------------------------ 4 Trends and outlook ----------------------------------------------------------------------------------------------------------------------------------- 6 Monthly trends ----------------------------------------------------------------------------------------------------------------------------------------------------- 6 Quarterly trends and results ----------------------------------------------------------------------------------------------------------------------------------- 8 Full-year company forecasts (initial forecast) ----------------------------------------------------------------------------------------------------------- 24 Outlook ------------------------------------------------------------------------------------------------------------------------------------------------------------- 38 Business ------------------------------------------------------------------------------------------------------------------------------------------------ 42 Business description -------------------------------------------------------------------------------------------------------------------------------------------- 42 Strengths and weaknesses ------------------------------------------------------------------------------------------------------------------------------------ 56 Market and value chain ---------------------------------------------------------------------------------------------------------------------------------------- 57 Strategy ------------------------------------------------------------------------------------------------------------------------------------------------------------- 60 Financial statements ------------------------------------------------------------------------------------------------------------------------------- 61 Income statement ----------------------------------------------------------------------------------------------------------------------------------------------- 61 Balance sheet ----------------------------------------------------------------------------------------------------------------------------------------------------- 63 Statement of cash flows --------------------------------------------------------------------------------------------------------------------------------------- 64 Other information ---------------------------------------------------------------------------------------------------------------------------------- 65 History -------------------------------------------------------------------------------------------------------------------------------------------------------------- 65 Major shareholders --------------------------------------------------------------------------------------------------------------------------------------------- 66 Top management ----------------------------------------------------------------------------------------------------------------------------------------------- 66 Employees --------------------------------------------------------------------------------------------------------------------------------------------------------- 67 Dividends and shareholder returns ------------------------------------------------------------------------------------------------------------------------ 67 Investor relations ------------------------------------------------------------------------------------------------------------------------------------------------ 67 By the way --------------------------------------------------------------------------------------------------------------------------------------------------------- 68 Historical performance and news -------------------------------------------------------------------------------------------------------------- 69 Historical performance ---------------------------------------------------------------------------------------------------------------------------------------- 69 News and topics ------------------------------------------------------------------------------------------------------------------------------------------------- 83 Company profile ------------------------------------------------------------------------------------------------------------------------------------------------- 84 02/85 Takashimaya / 8233 RCoverage LAST UPDATE: 2018.12.03 Research Coverage Report by Shared Research Inc. | www.sharedresearch.jp Key financial data Income statement FY02/08 FY02/09 FY02/10 FY02/11 FY02/12 FY02/13 FY02/14 FY02/15 FY02/16 FY02/17 FY02/18 FY02/19 (JPYmn) Cons.Cons.Cons.Cons.Cons.Cons.Cons.Cons.Cons.Cons.Cons. Est. Operating revenue 1,042,711 976,116 877,762 869,476 858,123 870,333 904,180 912,523 929,588 923,601 949,572 971,000 YoY -0.6% -6.4% -10.1% -0.9% -1.3% 1.4% 3.9% 0.9% 1.9% -0.6% 2.8% 2.3% Sales 994,585 926,281 827,872 819,062 805,757 815,387 845,785 851,374 865,889 860,761 886,700 903,000 YoY -1.3% -6.9% -10.6% -1.1% -1.6% 1.2% 3.7% 0.7% 1.7% -0.6% 3.0% 1.8% Gross profit 268,591 247,579 218,056 212,249 208,245 209,700 214,673 214,492 214,878 211,996 218,405 220,600 YoY -1.8% -7.8% -11.9% -2.7% -1.9% 0.7% 2.4% -0.1% 0.2% -1.3% 3.0% 1.0% GPM 27.0% 26.7% 26.3% 25.9% 25.8% 25.7% 25.4% 25.2% 24.8% 24.6% 24.6% 24.4% Operating profit 37,699 24,810 13,428 18,173 21,099 25,476 29,099 32,022 32,972 34,000 35,318 31,000 YoY 11.3% -34.2% -45.9% 35.3% 16.1% 20.7% 14.2% 10.0% 3.0% 3.1% 3.9% -12.2% OPM 3.8% 2.7% 1.6% 2.2% 2.6% 3.1% 3.4% 3.8% 3.8% 3.9% 4.0% 3.4% Recurring profit 42,070 28,003 16,764 22,484 24,355 29,866 33,350 35,904 37,785 37,215 38,606 35,000 YoY 6.4% -33.4% -40.1% 34.1% 8.3% 22.6% 11.7% 7.7% 5.2% -1.5% 3.7% -9.3% RPM 4.2% 3.0% 2.0% 2.7% 3.0% 3.7% 3.9% 4.2% 4.4% 4.3% 4.4% 3.9% Net income 18,697 11,750 7,709 13,849 10,895 16,540 18,716 22,581 23,829 20,870 23,658 20,500 YoY -26.2% -37.2% -34.4% 79.6% -21.3% 51.8% 13.2% 20.7% 5.5% -12.4% 13.4% -13.3% Net margin 1.9% 1.3% 0.9% 1.7% 1.4% 2.0% 2.2% 2.7% 2.8% 2.4% 2.7% 2.3% Per share data Shares issued (year-end; '000) 330,827 330,827 330,827 330,827 330,827 330,827 330,827 355,519 355,519 355,519 355,519 - EPS 56.7 35.6 23.4 42.0 33.0 50.1 56.7 66.3 67.9 59.7 67.7 117.3 EPS (fully diluted) 54.9 34.5 22.1 39.1 30.7 46.6 51.2 56.1 59.8 52.6 59.6 - Dividend per share 10.0 10.0 10.0 10.0 10.0 10.0 10.0 10.0 12.0 12.0 12.0 12.0 Book value per share 872 844 871 898 916 999 1,086 1,131 1,141 1,180 1,180 - Balance sheet (JPYmn) Cash and cash equivalents 40,130 31,185 59,011 70,503 76,124 69,495 106,451 87,887 75,487 107,159 99,541 Total current assets 212,888 206,617 239,816 265,878 262,394 236,263 332,121 288,147 290,625 325,500 327,501 Tangible fixed assets 384,608 382,808 381,943 381,920 375,748 378,755 394,436 412,474 417,307 413,703 550,757 Intangible fixed assets 15,710 19,273 19,417 26,451 29,799 28,979 28,716 109,505 108,327 107,172 18,035 Investments and other assets 145,662 142,257 143,921 142,838 135,975 146,688 146,864 169,483 158,161 140,087 139,511 Total assets 758,870 750,957 785,098 817,088 803,917 790,687 902,139 979,611 974,421 986,464 1,035,807 Accounts payable 99,921 89,188 85,684 87,248 87,297 87,883 95,901 101,558 103,363 101,320 102,428 Short-term debt 16,072 38,480 24,593 14,083 39,811 19,172 47,301 37,292 17,187 9,007 50,382 Total current liabilities 302,034 313,830 302,444 304,198 322,910 294,645 335,599 336,703 325,082 319,793 370,888 Long-term debt 68,686 63,755 95,962 117,679 87,667 79,674 120,227 126,225 137,412 146,255 123,878 Total fixed liabilities 165,583 155,215 191,415 211,789 173,525 160,597 201,627 234,430 241,951 244,780 215,392 Total liabilities 467,617 469,046 493,859 515,988 496,436 455,243 537,227 571,133 567,034 564,574 586,281 Net assets 291,253 281,911 291,239 301,099 307,481 335,443 364,912 408,477 407,386 421,890 449,526 Cash flow statement (JPYmn) Cash flows from operating activities 65,480 14,686 23,428 20,645 31,921 44,141 40,582 41,018 25,638 42,266 36,870 Cash flow s from invest ing act ivit ies -45,522 -38,348 -10,508 -13,240 -16,356 -28,470 -30,389 -116,049 -16,081 -9,124 -62,286 Cash flows from financing activities -35,125 14,121
Recommended publications
  • Pdf/Rosen Eng.Pdf Rice fields) Connnecting Otsuki to Mt.Fuji and Kawaguchiko

    Pdf/Rosen Eng.Pdf Rice fields) Connnecting Otsuki to Mt.Fuji and Kawaguchiko

    Iizaka Onsen Yonesaka Line Yonesaka Yamagata Shinkansen TOKYO & AROUND TOKYO Ōu Line Iizakaonsen Local area sightseeing recommendations 1 Awashima Port Sado Gold Mine Iyoboya Salmon Fukushima Ryotsu Port Museum Transportation Welcome to Fukushima Niigata Tochigi Akadomari Port Abukuma Express ❶ ❷ ❸ Murakami Takayu Onsen JAPAN Tarai-bune (tub boat) Experience Fukushima Ogi Port Iwafune Port Mt.Azumakofuji Hanamiyama Sakamachi Tuchiyu Onsen Fukushima City Fruit picking Gran Deco Snow Resort Bandai-Azuma TTOOKKYYOO information Niigata Port Skyline Itoigawa UNESCO Global Geopark Oiran Dochu Courtesan Procession Urabandai Teradomari Port Goshiki-numa Ponds Dake Onsen Marine Dream Nou Yahiko Niigata & Kitakata ramen Kasumigajo & Furumachi Geigi Airport Urabandai Highland Ibaraki Gunma ❹ ❺ Airport Limousine Bus Kitakata Park Naoetsu Port Echigo Line Hakushin Line Bandai Bunsui Yoshida Shibata Aizu-Wakamatsu Inawashiro Yahiko Line Niigata Atami Ban-etsu- Onsen Nishi-Wakamatsu West Line Nagaoka Railway Aizu Nō Naoetsu Saigata Kashiwazaki Tsukioka Lake Itoigawa Sanjo Firework Show Uetsu Line Onsen Inawashiro AARROOUUNNDD Shoun Sanso Garden Tsubamesanjō Blacksmith Niitsu Takada Takada Park Nishikigoi no sato Jōetsu Higashiyama Kamou Terraced Rice Paddies Shinkansen Dojo Ashinomaki-Onsen Takashiba Ouchi-juku Onsen Tōhoku Line Myoko Kogen Hokuhoku Line Shin-etsu Line Nagaoka Higashi- Sanjō Ban-etsu-West Line Deko Residence Tsuruga-jo Jōetsumyōkō Onsen Village Shin-etsu Yunokami-Onsen Railway Echigo TOKImeki Line Hokkaid T Kōriyama Funehiki Hokuriku
  • Environmentally Friendly Railway-Car Technology 18 Environmentally Friendly Railway-Car Technology

    Environmentally Friendly Railway-Car Technology 18 Environmentally Friendly Railway-Car Technology

    Environmentally Friendly Railway-car Technology 18 Environmentally Friendly Railway-car Technology Katsutoshi Horihata OVERVIEW: As regards railway vehicles, it is becoming important to respond Hirofumi Sakamoto to the growing concerns for the global environment while satisfying the needs to provide comfort and shorten travel times. Aiming at manufacturing Hideo Kitabayashi train cars that take account of environmental concerns, Hitachi, Ltd. has Akihiro Ishikawa developed technologies for the high-speed “Shinkansen” — starting with East Japan Railway Company’s E954-type — that raise train speed while lowering noise pollution. Furthermore, as for commuter trains, beginning with the 10000 Series for the new Fukutoshin Line of Tokyo Metro Co., Ltd., we have further advanced “A-train” technology for “cleanly” manufacturing lightweight, but extremely rigid, carriage bodywork by utilizing large-scale molded materials and friction-stir welding, and improved carriage recycleability by unifying the various kinds of aluminum alloys conventionally used into one kind. At the same time, by avoiding use of plastic resin materials (such as PVC and fiber-reinforced plastics) as much as possible — in accordance with countermeasures against fire decreed by revised ministerial ordinances — we have strengthened countermeasures against fire and poisonous gas. INTRODUCTION and improving comfort, interactions along the railway IN recent times, as concern for the environment grows, line and care for the global environment are becoming railways have been gaining attention as public transport ever more important. systems with low energy consumption. Among many In accepting these requirements, much work to issues, in regard to the requirements concerning increase speed of railway vehicles while reducing their railway vehicles, on top of shortening of journey times energy consumption is being attempted by means of Fig.
  • Factset-Top Ten-0521.Xlsm

    Factset-Top Ten-0521.Xlsm

    Pax International Sustainable Economy Fund USD 7/31/2021 Port. Ending Market Value Portfolio Weight ASML Holding NV 34,391,879.94 4.3 Roche Holding Ltd 28,162,840.25 3.5 Novo Nordisk A/S Class B 17,719,993.74 2.2 SAP SE 17,154,858.23 2.1 AstraZeneca PLC 15,759,939.73 2.0 Unilever PLC 13,234,315.16 1.7 Commonwealth Bank of Australia 13,046,820.57 1.6 L'Oreal SA 10,415,009.32 1.3 Schneider Electric SE 10,269,506.68 1.3 GlaxoSmithKline plc 9,942,271.59 1.2 Allianz SE 9,890,811.85 1.2 Hong Kong Exchanges & Clearing Ltd. 9,477,680.83 1.2 Lonza Group AG 9,369,993.95 1.2 RELX PLC 9,269,729.12 1.2 BNP Paribas SA Class A 8,824,299.39 1.1 Takeda Pharmaceutical Co. Ltd. 8,557,780.88 1.1 Air Liquide SA 8,445,618.28 1.1 KDDI Corporation 7,560,223.63 0.9 Recruit Holdings Co., Ltd. 7,424,282.72 0.9 HOYA CORPORATION 7,295,471.27 0.9 ABB Ltd. 7,293,350.84 0.9 BASF SE 7,257,816.71 0.9 Tokyo Electron Ltd. 7,049,583.59 0.9 Munich Reinsurance Company 7,019,776.96 0.9 ASSA ABLOY AB Class B 6,982,707.69 0.9 Vestas Wind Systems A/S 6,965,518.08 0.9 Merck KGaA 6,868,081.50 0.9 Iberdrola SA 6,581,084.07 0.8 Compagnie Generale des Etablissements Michelin SCA 6,555,056.14 0.8 Straumann Holding AG 6,480,282.66 0.8 Atlas Copco AB Class B 6,194,910.19 0.8 Deutsche Boerse AG 6,186,305.10 0.8 UPM-Kymmene Oyj 5,956,283.07 0.7 Deutsche Post AG 5,851,177.11 0.7 Enel SpA 5,808,234.13 0.7 AXA SA 5,790,969.55 0.7 Nintendo Co., Ltd.
  • Transparency Report 2017 1

    Transparency Report 2017 1

    23.974Transparency mm Report 2017 2017 9 ______年 月 www.kpmg.com/jp/azsa © 2017 KPMG AZSA LLC, a limited liability audit corporation incorporated under the Japanese Certified Public Accountants Law and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. Transparency Report 2017 1 1. Message from the Local Senior Partner As a member of the KPMG network,KPMG AZSA LLC shares a common Purpose-to Inspire Confidence,Empower Change–with member firms around the globe.Based on this Purpose,we aim to establish the reliability of information through auditing and accounting services and support the change of companies and society towards sustainable growth. KPMG AZSA's system of quality control is in line with the KPMG Audit Quality Framework applicable to KPMG network firms globally.This Transparency Report 2017 explains our quality control system in performing audit,based on the framework,and the systems of quality control for each of the key drivers and KPMG network arrangements.We also published AZSA Quality 2017 in September 2017 to address mainly our recent efforts regarding quality control that serves as the basis for KPMG AZSA’s Audit Quality,governance structure and policies of human resource development. 2. Network arrangements As a member firm of KPMG International,KPMG AZSA LLC provides clients with a consistent set of professional services globally through a network in 155 countries.KPMG network arrangements,including legal structure,responsibilities and obligations of member firm are described more detail in the following sections of this report.
  • Company Information PDF(3.9MB)

    Company Information PDF(3.9MB)

    :HDLPWREHDZDUPKHDUWHGFRPSDQ\ ZKLFKFRQWULEXWHFRQWLQXRXVO\ WRDFRPIRUWDEOHOLIHRIKXPDQEHLQJV DQGWKHVRFLHW\ &RPSDQ\3KLORVRSK\ :HGHYRWHRXUVHOIVROHO\WRRXUEHOLHI ³7RSURGXFHWKHVHDWVZKLFKFDQVDWLVI\FXVWRPHUV¶UHTXLUHPHQWV´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he board Organization of directors President The board of corporate officers Design / Manufacture Salesand General Affairs Section Development / Purchasing Quality Section Section Head Sales Group of Accounting Quarters Research & Automobile Group Development Group SHONAN Plant Purchasing General Affairs Team of Group Design Automobile KYUSHU Group Plant Sales Group of Quality Railway / Ship Technical Control Manufacturing Group Group Purchasing
  • Preferential Treatment Systems to Promote Establishment of New Business Facilities

    Preferential Treatment Systems to Promote Establishment of New Business Facilities

    Preferential treatment systems to promote establishment of new business facilities *2: Examples of growth industry fields（For more details, please contact us.） Tax Reduction System for Promoting Investment in Sakai City ・ ICT-related field: Products and services utilizing advanced digital technologies, including AI, big data and the IoT, and robotics ・ Next-generation healthcare-related field: Pharmaceuticals, medical devices, long-term-care devices, welfare devices, and products and services related to health maintenance and enhancement Sakai City Ordinance for Promoting Innovative Investment ・ Environmental and energy-related field: New energy technologies, including fuel cells and storage batteries, and products and services related to environmental impact reduction and environmental improvement ・ Next-generation transportation-related field: Aircraft, drones, electric vehicles, autonomous vehicles, and products and services related to space A tax reduction system under this ordinance aims to attract new investment to sites suitable for manufacturing as well as urban business sites in order development to increase employment and business opportunities and contribute to the sustainable development of industries in Sakai City and improvement of ・ Disaster management-related field: Products and services related to disaster management, disaster risk reduction, and the provision and citizens’ lives. collection of information in the event of emergencies *3: Target areas are outlined by solid lines in the respective maps below. For details,please
  • Promotion of Tobu Group Medium-Term Business Plan

    Promotion of Tobu Group Medium-Term Business Plan

    Promotion of Tobu Group Medium-Term Business Plan November 15, 2019 TOBU RAILWAY CO., LTD. Promotion of Tobu Group Medium-Term Business Plan Status of Progress on Medium-Term Business Plan 1. Progress on Medium-Term Business Plan (1) Unification of Asakusa/Tokyo Skytree Town area ・・・・・・・・・ P3 - 6 and preparations for making Tokyo 2020 a success (2) Becoming a railway line to which people want to move and stay ・・ P7 - 9 (3) Hotel business ・・・・・・・・ ・・・・・・・・・・・・・・・・・・ P10 (4) Inbound ・・・・・・・ ・・・・・ ・・・・・・・・・・・・・・・・ P11 (5) New initiatives for further expansion of profits ・・・・・・・・・・・ P12 (6) Creation of new tourist attractions ・・・・・・・・・・・・・・ P13 in collaboration with local communities 2. Three Pillars of Management Strategy ・・・・・・・・・・・・・・ P14 - 16 All rights reserved. Copyright © TOBU RAILWAY CO., LTD. 2019 1 Promotion of Tobu Group Medium-Term Business Plan Progress on Medium-Term Business Plan Period covered by Medium-Term Business Plan Plan FY2017 FY2018 FY2019 FY2020 FY2021 and later Maximization of revenue through revenue of Maximization focused investment in key areas key in investment focused Development of Kitajukken River waterfront space ●Opening of facility Asakusa/Tokyo (under elevated railway) Skytree area Sumida River ●Completion pedestrian bridge Construction of ●2018.2 ●Opening of hotel Nikko/Kinugawa THE RITZ-CARLTON NIKKO Construction commenced ●2018.11 ●Restoration area SL operations ●2017.8 SL launch of operations Launch of second SL restoration complete Promotion of redevelopment project Ikebukuro area for west exit of
  • Around Tokyo from Narita Airport Model Course Depart Narita Airport ➡ Nikko ➡ Chichibu ➡ Narita ➡ Arrive Narita Airport (A Model Course)

    Around Tokyo from Narita Airport Model Course Depart Narita Airport ➡ Nikko ➡ Chichibu ➡ Narita ➡ Arrive Narita Airport (A Model Course)

    Nikko Area Nikko Area *Please be aware that transport and the time required for a model course may vary depending on the weather and/or traffic conditions *Please note that Chichibu 2-Day Pass does not cover the Red Arrow Limited Express fare Around Tokyo from Narita Airport Model course Depart Narita Airport ➡ Nikko ➡ Chichibu ➡ Narita ➡ Arrive Narita Airport (A model course) Keisei Skyliner & Tokyo Subway Ticket NIKKO ALL AREA PASS Keisei Skyliner & Tokyo Subway Ticket Chichibu 2-Day Pass Keisei Skyliner & Tokyo Subway Ticket Narita-Kaiun Pass Keisei Tokyo Metro Tobu Limited Express Tobu Limited Express Tokyo Metro Ginza Line / Tozai Line / Red Arrow Red Arrow Tokyo Metro Marunouchi Line / Tozai Line / Keisei Skyliner Ginza Line SPACIA, Revaty SPACIA, Revaty Marunouchi Line Limited Express Limited Express Ginza Line Skyliner Keisei Main Line Keisei Main Line Narita Airport Ueno Sta. Asakusa Sta. Tobu Nikko Sta. Asakusa Sta. Ikebukuro Sta. Seibu Chichibu Sta. Ikebukuro Sta. Ueno Sta. Narita Airport Keisei Narita Sta. Narita Airport About 44 minutes About 5 minutes About 110 minutes About 110 minutes About 29 minutes About 78 minutes About 78 minutes About 16 minutes About 44 minutes About 10 minutes About 10 minutes Nikko Area Narita Area Chichibu Area Narita Area Chichibu Area Use the Use the Use the Chichibu 2-Day pass Narita-Kaiun pass Experience the mysterious charm of Nikko NIKKO ALL AREA PASS Try Sanja Meguri (visiting three shrines) to feel nature and history for sightseeing in Chichibu! Multifarious places well worth visiting near the airport! for sightseeing in Narita! for sightseeing in Nikko! Please refer to the back of the brochure for details.
  • The First Report on 5G System Trials in Japan 2018 Rev.1

    The First Report on 5G System Trials in Japan 2018 Rev.1

    The First Report on 5G System Trials in Japan 2018 - Revised Edition 1 - April 27, 2018 5G Trial Promotion Group Fifth Generation Mobile Communications Promotion Forum Contents Preface ............................................................................................................... 1 Chapter 1 Introduction ..................................................................................... 3 Chapter 2 5G Utilization Project ....................................................................... 7 2.1 Entertainment ................................................................................................................ 7 2.1.1 Large Screen High Definition Signage Services ................................................ 7 2.1.2 Mobile Remote Meeting Systems ...................................................................... 10 2.1.3 Entertainment System inside Stadiums ............................................................ 11 2.1.4 Offering Video and Data that Meets User Needs ............................................. 13 2.1.5 5G and the “Exciting Stadium 2020” ................................................................. 15 2.1.6 Heterogeneous Networks at Event Venues ...................................................... 18 2.1.7 Using 5G to Create a Virtual Museum Experience .......................................... 20 2.1.8 Dynamic Hot Spot Services ............................................................................... 22 2.1.9 Experiencing Super Live Broadcasts of Japanese Festivals
  • Nankai Electric Railway Co., Ltd

    Nankai Electric Railway Co., Ltd

    Corporate Report 2020 If you have any questions or comments about this report, please contact: SDGs Management & Promotion Department Nankai Electric Railway Co., Ltd. (Secretariat of the Environmental Measures Promotion Committee) 2-1-41 Shikitsu-higashi, Naniwa-ku, Osaka 556-8503, JAPAN Tel : 06-6631-6300 Fax : 06-6632-6257 URL : http://www.nankai.co.jp/ Nankai Electric Railway Co., Ltd. Composition ratio of operating revenue by segment (Fiscal 2019) Note: The composition ratio is the ratio of operating revenues including transactions between segments. Corporate profile Corporate Outline As of March 31, 2020 Shiomi- Namba bashi Ebisucho Company Name: Nankai Electric Railway Co., Ltd. Tennoji Station Established: December 27, 1885 District Hankai Head Ofce: 2-1-41 Shikitsu-higashi, Naniwa-ku, Tramway Osaka, 556-8503, JAPAN Sakai Website: http://www.nankai.co.jp/ Hamadera Paid-in Capital: ¥72,983,654,121 Ekimae Nakamozu Operating Revenue: ¥104.508 billion (head corporation) ¥228.015 billion (consolidated) No. of Shareholders: 52,850 Takashinohama Transportation Business Sembokukosoku ％ No. of Employees: 2,639 (head corporation) line 37 companies 38.2 9,205 (all group companies) Railways, rail track management, buses, ocean Managed track: 154.8 km freight, cargo transportation, Izumi Chuo train maintenance Kansai Airport Rolling Stock: 696 Kishiwada Misakikoen Tanagawa Hashimoto Osaka Kada Wakayama Gokuraku- Wakayamashi bashi Wakayamako Koyasan ％ Real Estate Business 16.4 Corporate Philosophy 4 companies With wisdom and dynamism, forging
  • Guidebook for Business Investment in Sakai

    Guidebook for Business Investment in Sakai

    Industry-support institutions provide: Finely tuned business support and incubation services Fully Supporting SMEs ! Sakai City Industrial Promotion Center ■ Business Matching Service A business matching service is provided based on the information on products and technologies collected from visits to companies in the city. Our business matching coordinators with specialized knowledge help identify potential business partners from among more than 1,300 local small- and medium-sized manufacturers. Linking Companies with Sakai City ■ Support Program for Industry-University Collaboration/Technological Development Dedicated coordinators provide a matching service to commercialize the research seeds of universities and public research institutes or to solve issues in developing Guidebook for Business new products/technologies. ■ Support Center for Introducing IPC Smart Manufacturing The Center supports companies considering introducing IoT, AI, or robots to improve Investment in Sakai productivity, create high value-added products and technologies, or address personnel deficiencies. ■ Development of Human Resources for Business We support human resources development by holding various kinds of seminars and training for those engaged in manufacturing. They include seminars for current and future business owners who are expected to play a leading role in bringing innovation and a competitive edge to the industry. Contact Financial Support Division, Sakai City Industrial Promotion Center 183-5 Access the website from here. Nagasone-cho, Kita-ku, Sakai City, Osaka 591-8025 TEL:+81 (0)72 255 6700 FAX:+81 (0)72 255 1185 URL:https://www.sakai-ipc.jp/ Basis for Business Incubation in Sakai for Future Hope and Challenge Sakai Business Incubation Center (S-Cube) The Center rents office or laboratory space to entrepreneurs who plan to start new businesses or develop new products and technologies, and provides free and comprehensive management support from incorporation to commercialization in accordance with the individual needs of each tenant.
  • Rothschild & Co Risk-Based Japan Index

    Rothschild & Co Risk-Based Japan Index

    Rothschild & Co Risk-Based Japan Index Indicative Index Weight Data as of January 31, 2020 on close Constituent Exchange Country Index Weight (%) Chugoku Electric Power Co Inc/ Japan 1.01 Yamada Denki Co Ltd Japan 0.91 McDonald's Holdings Co Japan L Japan 0.88 Sushiro Global Holdings Ltd Japan 0.82 Skylark Holdings Co Ltd Japan 0.82 Fast Retailing Co Ltd Japan 0.78 Japan Post Holdings Co Ltd Japan 0.78 Ain Holdings Inc Japan 0.78 KDDI Corp Japan 0.77 Toshiba Corp Japan 0.75 Mizuho Financial Group Inc Japan 0.74 NTT DOCOMO Inc Japan 0.73 Kobe Bussan Co Ltd Japan 0.72 Japan Post Insurance Co Ltd Japan 0.69 Nippon Telegraph & Telephone C Japan 0.69 LINE Corp Japan 0.69 Japan Post Bank Co Ltd Japan 0.68 Nitori Holdings Co Ltd Japan 0.67 MS&AD Insurance Group Holdings Japan 0.66 Konami Holdings Corp Japan 0.66 Kyushu Electric Power Co Inc Japan 0.65 Sumitomo Realty & Development Japan 0.65 Fujitsu Ltd Japan 0.63 Suntory Beverage & Food Ltd Japan 0.63 Japan Airlines Co Ltd Japan 0.62 NEC Corp Japan 0.61 Lawson Inc Japan 0.60 Sekisui House Ltd Japan 0.60 ABC-Mart Inc Japan 0.60 Kyushu Railway Co Japan 0.60 ANA Holdings Inc Japan 0.59 Mitsubishi Heavy Industries Lt Japan 0.58 ORIX Corp Japan 0.57 Secom Co Ltd Japan 0.57 Seiko Epson Corp Japan 0.56 Trend Micro Inc/Japan Japan 0.56 Nippon Paper Industries Co Ltd Japan 0.56 Suzuki Motor Corp Japan 0.56 Japan Tobacco Inc Japan 0.55 Aozora Bank Ltd Japan 0.55 Sony Financial Holdings Inc Japan 0.55 West Japan Railway Co Japan 0.54 MEIJI Holdings Co Ltd Japan 0.54 Sugi Holdings Co Ltd Japan 0.54 Tokyo