Annual Report 2009
CONTENTS 1 Hankyu Hanshin Holdings Group at a Glance 6 Financial Highlights (Consolidated) 8 Message from the Management 9 Interview with the President 16 Medium-Term Management Plan Progress 18 Special Feature Hankyu Hanshin Holdings Group Growth Drivers Major Development Projects in and around Umeda 22 Overview of Core Businesses 24 ■ Urban Transportation 29 ■ Real Estate 34 ■ Entertainment and Communications 37 ■ Travel and International Transportation 41 ■ Hotels 44 ■ Retailing 47 Management Organisation 47 Corporate Governance 50 Promotion of Compliance-Focused Management 51 Directors and Corporate Auditors 52 Corporate Social Responsibility 52 Social Contribution Activities 54 Environmental Protection Activities 55 Financial Section 84 Group at a Glance 85 Investor Information Search Index ● Group Overview 2–5, 22–23, 84–85 Forward-looking Statements ● Major Indicators 6–7, 11, 16–17, 56 The reader is advised that this report contains forward-looking state- ments regarding the future plans, strategies, and earnings performance ● Integration Synergies 13, 17 of Hankyu Hanshin Holdings, Inc., which are not statements of histori- ● Medium-Term Management Plan cal fact but constitute estimates or projections based on facts known 11–12, 16–17, 18–21 and Growth Strategies to the Company’s management as of the time of writing. Actual results may therefore diff er substantially from such statements. ● Message from Heads of Businesses 28, 33, 36, 40, 43, 46 ● Shareholder Returns 6, 15 Figures are rounded unless otherwise specifi ed in the notes. Who We Are Hankyu Hanshin Holdings Group at a Glance Hankyu Hanshin Holdings 1 Who We Are Hankyu Hanshin Holdings Group at a Glance The Hankyu Hanshin Holdings Group is a corporate group with some 20,000 employ- ees, created by the October 2006 management integration of two major private railway operators based in the Kansai region, Hankyu Holdings and Hanshin Electric Railway.
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