Keihan Holdings Co.,Ltd.

The Keihan Group operates a life-stage network centered on transportation, combining transportation, real estate, distribution, leisure and services, and other businesses. As of the end of the fiscal year ending March 2026, the Group comprised the Company, 51 consolidated subsidiaries, and 6 equity-method affiliates, for a total of 57 companies. Centered on its railway and bus operations, it conducts a diverse range of businesses, including development along railway lines, real estate sales and leasing, commercial facility operations, hotel operations, and sightseeing boat services. With a long-term view toward 2050, the Group has adopted the management vision “Beautiful Keihan railway lines, becoming a Keihan Group connected to the world,” and formulated a long-term management strategy through fiscal 2030 and the medium-term management plan “Honing Our True Value 2028” covering fiscal 2026–2028. It is pursuing a growth strategy aimed at raising ROE to around 10%, seeking to enhance corporate value by discovering and deepening the value of resources along its railway lines, optimizing its capital structure, and increasing the value of areas along its railway lines. It also plans to expand earnings and improve capital efficiency by leveraging the effects of events such as Expo 2025 Osaka, Kansai, and the Osaka-Kansai Expo. In executing its long-term strategy, the Group aims to define growth stories for each of its transportation, real estate, distribution, and leisure and services businesses, advance community development along its railway lines, and establish an investment cycle that improves capital efficiency across the Group.