International Directory of Company Histories | Odakyu Electric Railway Co., Ltd. - Introduction

Introduction

1-8-3 Nishi-Shinjuku
Shinjuku-ku
Tokyo 160
Japan
Telephone: (+81) 3-3349-2526
Fax: (+81) 3-3346-2447
Web site: http://www.odakyu-co.com

Public Company
Incorporated: 1923 as Odawara Express Railway Co., Ltd.
Employees: 14,062
Sales: ¥624.92 billion ($5.89 billion) (2004)
Stock Exchanges: Tokyo
Ticker Symbol: 9007
NAIC: 482111 Line-Haul Railroads; 236116 New Multi-Family Housing Construction (Except Operative Builders); 237990 Other Heavy and Civil Engineering Construction; 445110 Supermarkets and Other Grocery (Except Convenience) Stores; 452111 Department Stores (Except Discount Department Stores); 485111 Mixed Mode Transit Systems; 485310 Taxi Service; 485410 School and Employee Bus Industry; 541810 Advertising Agencies; 561510 Travel Agencies; 561599 All Other Travel Arrangement and Reservation Services; 713990 All Other Amusement and Recreation Industries; 721110 Hotels (Except Casino Hotels) and Motels; 722110 Full-Service Restaurants

Odakyu Electric Railway Co., Ltd. is one of the major private railroad companies in Japan, responsible for carrying 13 percent of the 34.5 million rail passengers who travel throughout the Tokyo metropolitan area each day. Odakyu's railway consists of three lines that travel a total of 120.5 kilometers. The core of the company's operations is the Odakyu Line, which connects Shinjuku Station—the largest terminal in Japan, with 3.4 million passengers per day—with Fuji-Hakone National Park, which lies at the foot of Mount Fuji, and also with Shonan, Japan's most famous seaside resort. Together, the company's railways serve an average of 1.82 million passengers each day. Nearly five million people live alongside the Odakyu Line, a population Odakyu serves by developing a variety of businesses, including leasing large-scale commercial buildings, developing residential housing areas, and operating leisure facilities, retail stores, and hotels. The Odakyu Group, of which Odakyu is the core, comprises 116 companies with 27,000 employees.