Tokyu Corporation

{{Short description|Japanese railway/real estate/retail conglomerate}}

{{redirect2|Tokyu|Tokyu Group|other uses|Tokyu (disambiguation)}}

{{Infobox company

| name = Tokyu Corporation

| logo = Tokyu Corporation Logo.svg

| logo_size = 300px

| former_name = Tokyo Express Electric Railway (1942-2019)

| native_name = 東急株式会社

| native_name_lang = ja

| romanized_name = Tōkyū kabushiki-gaisha

| type = Public (Kabushiki gaisha)

| trade_name = Tokyu, Tōkyū Dentetsu, Tōkyō Kyūkō (before 2006), TKK (from Tokyo Kyuko Kabushikigaisha)

| traded_as = {{plainlist|

{{Tyo|9005}}
Nikkei 225 component}}

| genre =

| fate =

| predecessor = {{unbulleted list|Musashi Electric Railway|Meguro-Kamata Electric Railway}}

| successor =

| foundation = {{start date and age|1910|5|16}} (as Musashi Electric Railway Company; renamed Tokyo-Yokohama Electric Railway in {{start date and age|1924|10|25}})
{{start date and age|1922|9|2}} (Meguro-Kamata Electric Railway)
{{start date and age|1939|10|16}} (current iteration of company)
Renamed Tokyu in {{start date and age|1942|5|1}}

| founder = Keita Goto

| defunct =

| location_city = 5-6 Nanpeidaichō, Shibuya-ku, Tokyo

| location_country = Japan

| location =

| locations =

| area_served = Tokyo and Kanagawa

| key_people = President-Director Chairperson Representative Director
Kiyobumi Kamijo Toshiaki Koshimura

| industry = Conglomerate

| products =

| production =

| services = Passenger railways
Other related services

| revenue =

| operating_income =

| net_income =

| aum =

| assets =

| equity =

| parent = Tokyu Group

| 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%)

| num_employees =

| divisions =

| subsid =

| homepage = {{URL|www.tokyu.co.jp}}

| footnotes =

| intl =

}}

{{Infobox company

| name = Tokyu Railways Company, Ltd.{{Cite web|title=Company Profile｜Company Outline｜Tokyu Railways|url=https://www.tokyu.co.jp/global/railway/company/profile/|website=東急電鉄|access-date=2020-05-22}}

| logo = Tokyu Railways Logo.svg

| logo_size = 250px

| former_name =

| native_name = 東急電鉄株式会社

| native_name_lang = ja

| romanized_name = Tōkyū Dentetsu kabushiki gaisha

| type = Subsidiary

| trade_name = Tokyu, Tōkyū Dentetsu, Tōkyō Kyūkō (before 2006), TKK (from Tokyo Kyuko Kabushikigaisha)

| traded_as =

| genre =

| fate =

| predecessor =

| successor =

| foundation = {{start date and age|2019|04|25}} (incorporation)
{{start date and age|2019|10|1}} (effective reorganization)

| founder = Keita Goto

| defunct =

| location = Shibuya First Place
8-16 Shinsenchō

| location_city = Shibuya-ku, Tokyo

| location_country = Japan

| area_served = Tokyo and Kanagawa

| key_people = Hirofumi Nomoto (CEO)

| industry = Private railroad

| products =

| production =

| services = Passenger railways
Other related services

| revenue =

| operating_income =

| net_income =

| aum =

| assets =

| equity =

| owner = Tokyu Group

| parent = Tokyu Corporation

| num_employees =

| divisions =

| subsid =

| homepage = {{URL|www.tokyu.co.jp/railway}}

| footnotes =

| intl =

}}

The {{nihongo|Tokyu Corporation|東急株式会社|Tōkyū kabushiki-gaisha}}, a contraction of and formerly {{nihongo||東京急行電鉄株式会社|Tōkyō Kyūkō Dentetsu kabushiki gaisha|"Tokyo Express Electric Railway Stock Company"}} until 2 September 2019, is a Japanese keiretsu or conglomerate headquartered in Shibuya, Tokyo. While a multinational corporation, its main operation is {{nihongo|the Tokyu Railways Company, Ltd.|:ja:東急電鉄株式会社|Tōkyū Dentetsu kabushiki gaisha}}, a wholly-owned subsidiary operating railways in the Greater Tokyo Area.

History

File:Mekama-Dentetsu logomark.svg

File:Toyoko-Dentetsu logomark.svg

File:TKK logomark.svg

The oldest predecessor of company was the {{nihongo|Musashi Electric Railway|武蔵電気鉄道|Musashi Denki Tetsudō}}, opened in 1908. The railway's operations were converted into a kabushiki gaisha (company) in 1910. Keita Gotō, 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 {{Nihongo|Meguro-Kamata Electric Railway|目黒蒲田電鉄|Meguro-Kamata Dentetsu}} and is related to the construction of Den-en-chōfu. It was originally founded by the developers of Den-en-chōfu). It was acquired by the Musashi Electric Railway in 1924, shortly before Musashi was renamed into the {{Nihongo|Tokyo-Yokohama Electric Railway|東京横浜電鉄|Tōkyō-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 :ja:東横映画, 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 compelled 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 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

File:Tokyu Corporation Linemap.svg

class=wikitable

! Line

! Symbol

! Route

! Length (km)

! Stations

! Year opened

! Max speed (km/h)

Tōyoko Line

| style="text-align:center;"|Tōyoko Line

| {{STN|Shibuya|x}} – {{STN|Yokohama|x}}

|align="right"| 24.2

|align="right"| 21

| 1926

| align="right"| 110

Meguro Line

| style="text-align:center;"|Meguro Line

| {{STN|Meguro|x}} – {{STN|Hiyoshi|x|Kanagawa}}

|align="right"| 11.9

|align="right"| 13

| 1923

| align="right"| 110

Den-en-toshi Line

| style="text-align:center;"|Den-en-toshi Line

| {{STN|Shibuya|x}} – {{STN|Chūō-rinkan|x}}

|align="right"| 31.5

|align="right"| 27

| 1907

| align="right"| 110

Ōimachi Line

| style="text-align:center;"|Ōimachi Line

| {{STN|Ōimachi|x}} – {{STN|Mizonokuchi|x}}

|align="right"| 10.4

|align="right"| 16

| 1927

| align="right"| 85

Ikegami Line

| style="text-align:center;"|Ikegami Line

| {{STN|Gotanda|x}} – {{STN|Kamata|x|Tokyo}}

|align="right"| 10.9

|align="right"| 15

| 1922

| align="right"| 80

Setagaya Line

| style="text-align:center;"|Setagaya Line

| {{STN|Sangen-Jaya|x}} – {{STN|Shimo-Takaido|x}}

|align="right"| 5.0

|align="right"| 10

| 1925

| align="right"| 40

Tōkyū Tamagawa Line

| style="text-align:center;"|Tōkyū Tamagawa Line

| {{STN|Kamata|x|Tokyo}} – {{STN|Tamagawa|x|Tokyo}}

|align="right"| 5.6

|align="right"| 7

| 2000

| align="right"| 80

Tōkyū Shin-yokohama Line

|style="text-align:center;"|Tōkyū Shin-yokohama Line

|{{STN|Shin-yokohama|x}} – {{STN|Hiyoshi|x|Kanagawa}}

|align="right"| 5.8

|align="right"| 3

|2023

Total (8 lines)

|align="right"| 105.3

|align="right"| 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.

File:Tokyu Railways topological diagram.svg

Related businesses

The Tokyu Group also owns two smaller railroad companies, Ueda Kōtsū and Izukyū 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.{{cite news|url=https://www.latimes.com/archives/la-xpm-2005-mar-03-wk-quick3.6-story.html|title=Mel Gibson buys Fijian island|work=Los Angeles Times|date=3 March 2005|access-date=1 June 2024}}

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

Tokyu 9000 series (since 1986)
Tokyu 1000 series (since 1988)
Tokyu 2000 series (since 1992)
Tokyu 300 series (Setagaya Line, since 1999)
Tokyu 3000 series (since 1999)
Tokyu 5000 series (since 2002)
Tokyu 6000 series (since 2007)
Tokyu 7000 series (since 2007)
Tokyu 2020 series (since early 2018)
Tokyu 6020 series (since early 2018)
Tokyu 3020 series (since mid-2019)

New Tokyu 2020 series ten-car EMUs and Tokyu 6020 series seven-car EMUs have entered service since early 2018.{{cite web |url= http://news.mynavi.jp/news/2017/03/17/329/ |first= Daisuke |last=Ueshin |script-title=ja: 東急田園都市線2020系、新型車両は「これまでにない新しさ」2018年春導入へ |trans-title= New Tokyu Denentoshi Line 2020 series trains to be introduced in spring 2018|date= 17 March 2017|website = Mynavi News |location= Japan|language= ja|archive-url= https://web.archive.org/web/20170319050655/http://news.mynavi.jp/news/2017/03/17/329/ |archive-date= 19 March 2017 |url-status=live |access-date= 22 March 2017}}{{cite web |url= http://news.mynavi.jp/news/2017/10/12/157/ |first= Daisuke |last=Ueshin |script-title=ja: 東急大井町線、新型車両6020系を来春導入! 急行を7両編成化、3月ダイヤ改正 |trans-title=New Tokyu Omimachi Line 6020 series trains to be introduced next spring - express services to be lengthened to 7 cars by March timetable revision|date= 12 October 2017|website = Mynavi News |location= Japan|language= ja|archive-url= https://web.archive.org/web/20171012083235/http://news.mynavi.jp/news/2017/10/12/157/ |archive-date= 12 October 2017 |url-status=live |access-date= 12 October 2017}}