SEIBU Railway Company Description
A leading Japanese railway operator, SEIBU Railway is the centerpiece of a group of some 100 companies. Other SEIBU Railway group interests include trucking, hotels, and recreation parks. In 2006 a holding company called SEIBU Holdings was established to own SEIBU Railway and Prince Hotels. Cerberus owns 30% of SEIBU Holdings while Nikko Principal holds 15%. SEIBU Holdings will go public. Yoshiaki Tsutsumi's Kokudo Corp. had owned about 80% of SEIBU Railway. Tsutsumi quit as the railway's chairman in 2004 amid a payoff scandal that led to charges against several lower-ranking executives. Former president Hiroyuki Toda, who was not charged, also stepped down.
View the Comprehensive Company Description for SEIBU Railway
The Company Description provides a historical perspective of SEIBU Railway's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of SEIBU Railway's evolution in the marketplace.
