Tokyu Corporation was established through a merger in 1942 and is now one of the leading railway companies in Japan. The principal activities of the Group are: TRANSPORTATION, railway and bus and trucking operations; REAL ESTATE, sale, rental/leasing and management of land and buildings; DISTRIBUTION, including department stores, trading, retailing and sale of petroleum products; LEISURE AND SERVICES, operates hotels, golf courses, sports facilities and restaurants; CONSTRUCTION, civil engineering, archtectural construction and related works; OTHER OPERATIONS, rolling stock services and sale of telecommunications facilities. Construction business accounted for 35% of fiscal 2001 revenues; transportation, 25%; leisure and services, 15%; real estate business, 14%; distribution, 10% and other, 1%.
Tokyu Corporation
TYO:9005 ISIN:JP3574200006
News
Wall Street shares on Thursday shrugged off the news of disappointing economic data and rebounded from early loss. US retail sales fell unexpectedly by 0.3 per cent in December, a poor sign for the holiday shopping season. The market rise was led by technology shares as investors were expecting strong numbers from Intel.
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