HEP is a major shopping mall and entertainment center in the Umeda commercial district of Kita-ku, Osaka , Japan. It is a shopping mall consisting of a HEP Five and HEP Navio .
10-773: HEP stands for "Hankyu Entertainment Park". The building is operated by Hankyu Hanshin Holdings 's real estate investment trust ( REIT ) subsidiary Hankyu REIT and co-owned by Hankyu REIT (45%) and Hankyu Realty Co. (55%). HEP Five receives about 17 million visitors annually (2007), making it one of the most visited fashion boutique buildings in the Osaka urban region. The core customers at HEP Five are young people, mostly female, from high school age to their early twenties. The building itself houses over 100 shops (mostly fashion retail shops catering to young consumers), with restaurants, an event hall, amusement facilities (such as Joypolis and
20-651: A major stake in Hankyu Holdings, hoping to boost efficiencies in the very diverse holdings of the Hankyu-Toho group. However, the takeover of Hanshin Electric Railway by Hankyu in the wake of the affair surrounding Fund Manager Yoshiaki Murakami and the establishment by Hankyu management of anti-takeover measures , as well as the global financial crisis resulted in Privee reducing its stake in
30-550: Is a Japanese multinational keiretsu holding company which owns Hankyu Corporation , the Hanshin Electric Railway Co., Ltd. , Toho Co., Ltd. , and affiliate companies. On October 1, 2006, Hankyu Holdings changed its name to the present corporate name following the merger with Hanshin Electric Railway . On the same day Hankyu Corporation Group was renamed Hankyu Hanshin Holdings Group, and
40-815: The Ferris wheel ), a hanging replica of 2 whales designed by Tatsuya Ishii . The HEP Five building is easily located as it has a large red Ferris wheel with a diameter of 75 metres protruding from its roof (the highest point of the wheel is 106m above the ground, including the height of the building), which is accessible for a fee. 34°42′14″N 135°30′02″E / 34.7040028°N 135.5004466°E / 34.7040028; 135.5004466 Hankyu Hanshin Holdings Hankyu Hanshin Holdings, Inc. ( 阪急阪神ホールディングス株式会社 , Hankyū Hanshin Hōrudingusu Kabushiki-gaisha )
50-614: The Hankyu Hanshin Express Holdings company. The retailing business is mainly concentrated in the company's large shareholding of H 2 O Retailing , the company formed via the merger of the Hankyu and Hanshin Department Store companies. The company owns and operates many hotels, and is developing real estate projects mainly on land along its railway lines through its subsidiary Hankyu Realty, which
60-1007: The Hankyu Toho Group renamed Hankyu Hanshin Toho Group . The operations of the company are centered on transportation, retailing, real estate, entertainment and media. The transportation segment is the company's main cashflow generating business and comprises the railway companies Hanshin Electric Railway (acquired in 2006) and Hankyu Railway . It also includes the smaller railway lines of Hokushin Kyūkō Electric Railway and Nose Electric Railway , as well as equity stakes in Kita-Osaka Kyūkō Railway , Sanyo Electric Railway , Osaka Monorail and Kobe Electric Railway . The company also owns various taxi and bus franchises. Hankyu and Hanshin also both had air cargo and express freight subsidiaries, which were combined in
70-744: The company in 2008. Hankyu once owned a professional baseball team in Japan known as the Hankyu Braves. In 1988, the team was sold to Orient Leasing Co. (which changed its name to Orix in 1989) and the team name became the Orix BlueWave and later the Orix Buffaloes . The Hankyu Braves were sold by then-president of Hankyu, Kohei Kobayashi, to finance the redevelopment of Umeda Station and Nishinomiya-Kitaguchi Station . By acquiring Hanshin Electric Railway, Hankyu-Hanshin Holdings became
80-612: The entertainment area include the Hanshin Tigers and the Takarazuka Revue , and stakes in Kansai TV and FM Osaka , as well as tourism operations (e.g. Hankyu Travel). (As of August 2009) In 2006, the activist Fund Privee Zurich Turnaround Group run by Kenzo Matsumara (which later assumed the name Privee Investment Holding , was then acquired by e-Revolution co. Ltd. and now renamed Privee Fund Group ) took
90-668: The owner of the baseball team Hanshin Tigers . Hanshin Electric Railway Hanshin Electric Railway Co., Ltd. ( 阪神電気鉄道株式会社 , Hanshin Denki-tetsudō Kabushiki-gaisha ) is a Japanese private railway company owned by Hankyu Hanshin Toho Group that links Osaka and Kobe . It also owns the Hanshin Tigers baseball team. The first character for Kobe ( 神 戸) and the second character for Osaka (大 阪 ) combine to form
100-688: Was previously separately listed, but fully acquired through a stock swap in 2002. It has spun off some of its vast real estate holdings (such as the HEP Five building) into a REIT company, Hankyu Hanshin Properties . The group has a controlling stake in Toho , which next to its many media interests (movie development and distribution, as well as a large stake in Fuji Media Holdings ) has also large real estate interests. Other companies in
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