Management Message

My name is Hirofumi Nomoto and I became President of Tokyu Corporation in April this year. First, I would like to express my gratitude for the support you have shown for the business activities of Tokyu Corporation and the Tokyu Group. I would also like to take this opportunity to express my sincere condolences to all the victims of the Great East Japan earthquake and my hopes for the earliest possible recovery in the areas struck by the disaster.

We are operating businesses across extensive areas that are closely associated with the everyday lives of our customers, including retail, leisure and services, and hotels, as well as the transportation and real estate businesses. I believe that the two elements of trust and creativity are particularly important to power these businesses. By providing safety through our business, we become a company that earns the trust of our customers, and the peace of mind that grows out of a relationship of trust is a source of increased strength for the Tokyu brand. Creativity is also an important element for linking to developments in society and the heightened lifestyle values of our customers. With these two elements at the core, all employees are working as one to diligently persist with these efforts.

In the medium and long-term vision for the Tokyu Group, we have indicated that the areas served by Tokyu's railway lines will continue to be the main focus, and that the Tokyu Group will become a self-reliant and strong profit organization centered on Tokyu Corporation. First of all, in order to fulfill this vision, I would like to work toward three goals. Safe railway transportation being a given, the first goal is to turn the area served by Tokyu's railway lines into the most desirable residential area in Japan, priding itself on safety, peace of mind and a high level of convenience. The second goal is to turn Shibuya into a desirable destination for people from all parts of the world as a center of new trends. The third goal is to make Futako-Tamagawa a desirable place for work, where we find a sense of creativity and the ability to confer a spirit of innovation on our age. The starting point for the direction ahead is the unique urban development that we, as a railway operator, have nurtured together with local residents over many years. As well as pursuing profitability and efficiency for each business, and striving for a qualitative transformation of the business structure, we will demonstrate collective strength and achieve the goals by leveraging the synergy of our business.

I am pleased to tell you that Tokyu Corporation will be celebrating its 90th anniversary next year. The next fiscal year will be an important year for launching the Management Plan for the next term. When formulating the plan, we will keep our sights firmly set on the identity of the company when we celebrate our centenary 10 years from now, and we expect to present you with business strategies and action plans that are more concrete than ever before.

Japan has beyond doubt entered a time of genuine population decrease. With the added impact of the earthquake disaster, the business environment has grown even more severe, but I believe that at times like this, it is vital to drive the business while constantly reminding ourselves of the right thing to do and the rightful shape of things. Going forward, we aim to continue to develop the business together with all stakeholders to become a good company in the eyes of society, a company that is able to return profits to the community, to society, and to all its shareholders. Since we bring pride and a sense of mission to the task, I would like to ask for your continued patronage and support.