NEWS FROM THE STANDARD |
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Sony Takes a Broadband Partner
Jun 30 2000 06:00 AM PDT
PROFILE |
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Trains are the driving engine for Tokyu Corporation. The firm carries some 2.5 million passengers daily on about 100 km of track, mainly across south-central Japan. The company is also involved in construction, real estate, and hotels (its Tokyu Hotel is Japan's biggest hotel operator, running 20 hotels). Tokyu is creating a new company through a venture with Sony, Kansai Electric Power, and ITOCHU called AII, which will distribute broadband Internet services via cable television networks, offering live sports broadcasts as well as karaoke feeds. Tokyu Corporation is the core member of Tokyu Group, an affiliation of more than 425 companies operating in retail, urban renewal, tourism, and transportation.
COMPETITION |
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Dentsu Inc. (dossier)
East Japan Railway Company (9020)
Hakuhodo Incorporated (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 9,432.80
1-Yr. Sales Growth: 95.9%
Employees: 4,445
Revenue per employee: $2,122,114.74
KEY PEOPLE |
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Shinobu Shimizu
CEO
CONTACT INFO |
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5-6, Nanpeidai-cho, Shibuya-ku
Tokyo 150-8511, Japan
Phone: 81-3-3477-6180
Fax: 81-3-3464-6505
Online: Web Site
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