Seibu Holdings Inc
TSE:9024

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Seibu Holdings Inc Logo
Seibu Holdings Inc
TSE:9024
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Price: 4 873 JPY -1.18% Market Closed
Market Cap: 1.5T JPY

Seibu Holdings Inc
Investor Relations

Seibu Holdings Inc., a steadfast presence in Japan's economic landscape, stands as a multifaceted conglomerate whose activities underscore the country’s interconnected industrial sectors. Emerging in the wake of Japan's post-war recovery, Seibu has woven itself into the fabric of numerous Japanese industries, capitalizing on the nation’s robust infrastructure and burgeoning consumer culture. The company's operational philosophy pivots around diversification—encompassing transportation, leisure, urban development, and hospitality. With its flagship Seibu Railway line corridor acting as a crucial artery, it connects suburban communities to Tokyo's bustling urban core, carrying millions of commuters daily and generating steady revenue streams. This logistical backbone provides the foundation upon which Seibu expands its portfolio beyond rail, seamlessly integrating real estate management and development initiatives that transform neighborhood landscapes along its rail lines.

A visit to Japan often involves a brush with Seibu’s offerings, whether through hopping on a Seibu railway train or staying at one of the Prince Hotels—a hospitality arm that adds a global dimension to its already diverse operations. The hotel segment not only accommodates tourists but also leverages conference centers and event spaces, tapping into the lucrative business travel market. On the leisure front, the company’s involvement spans ski resorts and golf courses, enticing a range of outdoor enthusiasts and capitalizing on domestic and international tourism. As it navigates the modern era's challenges, from demographic shifts to evolving consumer preferences, Seibu continues to leverage its established infrastructure while exploring innovation and sustainability, ensuring it remains a dynamic participant in Japan’s future economic narratives.

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Last Earnings Call
Fiscal Period
Q3 2024
Call Date
Feb 8, 2024
AI Summary
Q3 2024

Revenue Growth: Operating revenue increased for the 9 months ended December 31, 2023, driven by recovering travel demand and price hikes, especially in the hotel segment.

Profit Performance: Operating profit rose thanks to higher revenue, despite increased expenses, but profit attributable to owners declined year-on-year due to lower capital gains compared to the previous year.

Outperforming Forecasts: Both operating revenue and profit exceeded the revised forecast from September.

Stable Full-Year Outlook: Management is not changing its full-year forecast despite stronger-than-expected performance, as additional expenses are planned for Q4.

Hotel Strength: New hotel openings saw strong initial results, with better-than-expected sales and accommodation metrics.

Railway Recovery: Railway passenger and revenue numbers are rebounding, with non-commuter revenue outperforming expectations.

High Pricing Power: Average daily rates (ADR) and RevPAR remain well above pre-COVID levels, with continued strong inbound hotel bookings expected.

Key Financials
Profit Attributable to Owners of Parent
JPY 43.1 billion
Other Earnings Calls

Management

Mr. Takashi Goto
CEO & Chairman
No Bio Available
Mr. Ryuichiro Nishiyama
President, COO, Executive GM of Corporate Planning Department & Representative Director
No Bio Available
Atsushi Kada
Managing Officer and GM of Internal Audit & Internal Control Department
No Bio Available
Mr. Shuichiro Ogawa
Executive Director
No Bio Available
Mr. Kimiyuki Yamazaki
Senior Managing O?cer & Director
No Bio Available
Takeo Harada
Senior Managing O?cer
No Bio Available
Norio Iwasaki
Managing Officer
No Bio Available

Contacts

Address
TOKYO-TO
Toshima
1-16-15, Minami Ikebukuro
Contacts