Keisei Electric Railway will acquire 千葉日石 and establish a framework for stable fuel supplies to the group's buses. It will acquire all shares of 千葉日石 and make it a wholly owned subsidiary by 1 October.
Keisei Electric Railway announced that it will acquire 千葉日石, which operates service stations. The acquisition will be completed by 1 October, with Keisei aiming to acquire all shares of 千葉日石 and make it a wholly owned subsidiary of the Keisei Group.
千葉日石's core businesses are the sale of petroleum products, operation of service stations and vehicle maintenance. It operates 5 company-owned service stations and has 49 affiliated dealers. For the fiscal year ended June 2026, revenue was ¥17.8 billion and operating profit was ¥233 million.
Through the acquisition of 千葉日石, Keisei aims to secure a stable fuel supply and strengthen distribution. It also expects to coordinate 千葉日石's vehicle maintenance business with the Keisei Group's automotive-related businesses. The acquisition price has not been disclosed.
In its medium-term management plan, Keisei has identified strengthening resilience to changes in the external environment and expanding its businesses to capture demand for everyday services in areas along its railway lines. Through the acquisition of 千葉日石, it aims to expand its business scope and improve the profitability of the group as a whole.