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Seibu Railway

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Seibu Railway Company, Ltd. ( 西武鉄道株式会社 , Seibu Tetsudō Kabushiki-gaisha ) is a conglomerate based in Tokorozawa, Saitama , Japan, with principal business areas in railways , tourism, and real estate . Seibu Railway's operations are concentrated in northwest Tokyo and Saitama Prefecture ; the name "Seibu" is an abbreviation of "west Musashi ", referring to the historic name for this area. It and its holding company hold shares of numerous bus, hotel and tourism operations nationwide.

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41-423: "Seibu Railway" was originally the name of a tram service between Shinjuku and Ogikubo, which was transferred to the Tokyo metropolitan government in 1951 and eventually closed in 1962. The Seibu Railway was acquired in 1921 by the Kawagoe Railway, which had operated a train service between Kokubunji and Kawagoe since 1894; the merged company kept the "Seibu" name and expanded its main line to Takadanobaba, forming what

82-496: A tender offer to increase its stake to 35% as of June 2013, giving Cerberus the power to veto shareholder resolutions. Cerberus had aimed to raise its stake to 44%, bringing it closer to an outright majority, but Seibu management engaged in a massive campaign to thwart the tender offer, including advertising within Seibu trains to passengers who owned stock. The East Japan Railway Company and several financial institutions also planned

123-620: A blue colored line on unpainted stainless steel or aluminium bodies. The Ikebukuro Line group includes the Ikebukuro Line and its branches. The Shinjuku Line group includes the Shinjuku Line and its branches, as well as the Tamagawa Line, which is not a branch of the Shinjuku Line but had been owned by the Shinjuku Line's operator before its merger with the Ikebukuro Line operator. Until May 31, 2017, this list included

164-519: A holding company for both the railway and Prince Hotels . Cerberus Capital Management , an American investment fund, became the largest shareholder in Seibu Holdings with a 29.9% share of the new company. In late 2012 and early 2013, Cerberus proposed that Seibu Railway abolish five non-core lines, along with other restructuring measures throughout the Seibu Holdings group, but management refused to implement these changes. Cerberus then executed

205-615: A major shareholder in the Musashino Railway and merged the two in 1940. In 1944, the Tokyo metropolitan government, under the administration of Shigeo Ōdachi , hired the Seibu Railway and the Musashino Railway to provide a coordinated service to transport night soil from central Tokyo to outlying disposal areas. At the time, night soil was generally transported by truck to Tokyo Bay and disposed of by dumping there, but

246-400: A part of this new era, he had little choice but to bide his time for the moment when he could break free. Kiyozaemon died in 1907, creating the opportunity for Yasujirō to break free. In 1909, he mortgaged the family estate for 5000 yen . With this money, he married Nishizawa Koto and had a daughter, Shukuko, in 1909, then attended Waseda University investing in rough land and businesses. At

287-497: A period of prosperity and democracy the likes of which Japan had never experienced before. Yasujirō's wealth and empire expanded proportionally with this boom. Customers came, and by 1923, Hakone Resorts Ltd had a value of 20,000,000 yen. On 1 September 1923, the Great Kantō earthquake convulsed Japan and destroyed most of Tokyo . Yasujirō's properties escaped damage, and his empire continued to spread. Around this time, Yasujirō

328-575: A support scheme to keep Cerberus from acquiring control of Seibu, but it was ultimately not implemented due to a lack of potential financial benefit for the investors. At the June 2013 shareholder meeting, several proposals by Cerberus were voted down, including the election of outside directors and the abolition of non-core lines. As of June 2013, Yoshiaki Tsutsumi remains a major investor in Seibu Holdings through his 36% investment in NW Corporation,

369-747: A wholly owned subsidiary of the government-owned JNR Settlement Corporation for several years, and was not completely sold to the public until 2002. Following the breakup, JR East ran the operations on former JNR lines in the Greater Tokyo Area , the Tōhoku region , and surrounding areas. Railway lines of JR East primarily serve the Kanto and Tohoku regions , along with adjacent areas in Kōshin'etsu region ( Niigata , Nagano , Yamanashi ) and Shizuoka prefectures . The Tokyo–Osaka Tōkaidō Shinkansen

410-556: Is a front for a revolutionary political organization called the Japan Revolutionary Communist League (Revolutionary Marxist Faction) . An investigation of this is ongoing. The East Japan Railway Culture Foundation is a non-profit organization established by JR East for the purpose of developing a "richer railway culture". The Railway Museum in Saitama is operated by the foundation. JR East held

451-729: Is a major passenger railway company in Japan and the largest of the seven Japan Railways Group companies. The company name is officially abbreviated as JR-EAST or JR East in English, and as JR Higashi-Nihon ( JR東日本 , Jeiāru Higashi-Nihon ) in Japanese. The company's headquarters are in Yoyogi , Shibuya , Tokyo , next to Shinjuku Station . It is listed in the Tokyo Stock Exchange (it formerly had secondary listings in

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492-400: Is no evidence that the traditional extended family unit ever existed in their case. Yasujirō's father, Yujiro, died of typhoid fever in 1893, when Yasujirō was four, also leaving his wife, Miwo, and a daughter, Fusako, who had been born in 1891. Following his father's premature death, Yasujirō's mother left to return to her family, never to be heard from again, an event that haunted Yasujirō to

533-745: Is now known as the Seibu Shinjuku Line. The current Seibu Railway is a product of a 1945 merger between the former Seibu Railway and the Musashino Railway , which was founded in 1912 to operate what is now known as the Seibu Ikebukuro Line. The merger was largely orchestrated by Yasujirō Tsutsumi , a real estate developer who opened the Tamako Railway (now the Seibu Tamako Line ) in 1928, became

574-583: Is owned and operated by the Central Japan Railway Company (JR Central), although it stops at several JR East stations. These lines have sections inside the Tokyo suburban area (Japanese: 東京近郊区間 ) designated by JR East. This does not necessarily mean that the lines are fully inside the Greater Tokyo Area . Below is the full list of limited express and express train services operated on JR East lines as of 2022. During fiscal 2017,

615-546: The Ahina Line ( 安比奈線 ) . Prior to the formal closure, the 3.2 km (2.0 mi) freight line between Minami-Ōtsuka Station and Ahina Station had suspended operation since 1963. As of 1 April 2015, Seibu operates a fleet of 1,274 electric multiple unit (EMU) vehicles. Several Tokyu 9000 and Odakyu 8000 series trains (100 vehicles in total) are expected to be transferred from their original operators from 2024 in use primarily on Seibu's branch lines such as

656-525: The Kokubunji and Chichibu lines, thus bringing down energy consumption as they replace some of Seibu's oldest vehicles. Single fare (Adult) Yasujir%C5%8D Tsutsumi Yasujirō Tsutsumi ( 堤 康次郎 , Tsutsumi Yasujirō , 7 [1] March 1889 − 26 April 1964) was a Japanese entrepreneur , politician , and business tycoon who founded a dynasty which became the wealthiest, most influential family of 20th century Japan. Tsutsumi served as

697-577: The Nagoya and Osaka stock exchanges), is a constituent of the TOPIX Large70 index, and is one of three Japan Railways Group constituents of the Nikkei 225 index, the others being JR Central and JR West . JR East was incorporated on 1 April 1987 after being spun off from the government-run Japanese National Railways (JNR). The spin-off was nominally "privatization", as the company was actually

738-530: The Speaker of the House of Representatives of Japan from May 1953 to December 1954, resigning at the end of the government of Shigeru Yoshida . Yasujirō Tsutsumi was born on 16 March 1889 in the rural farming village of Yagisho, Shiga Prefecture . The Tsutsumi family were held in great respect and regard, serving as village elders and headmen. However, little is known about their antecedents or origins, and there

779-420: The chonan or eldest son, would likely succeed Yasujirō; however, he had never enjoyed the atmosphere in which he was forced to live in, and expressed his displeasure by refusing to submit to his father. In 1943, he was married to a girl of patrician background. Yasujirō sent Fumi and Tsuneko to the country to escape the war, remaining in Tokyo with Misao and her children. He engaged in a variety of projects to aid

820-655: The "world's richest man" by Forbes magazine for four consecutive years from 1987 to 1990, with estimated net worth of $ 15–20 billion during the height of the Japanese asset bubble . He was arrested on securities fraud charges in March 2005. On December 21, 2005, Seibu Railway was delisted from the Tokyo Stock Exchange. A reorganization of the group, completed in February 2006, created Seibu Holdings to act as

861-471: The Musashino Railway and its merger with the Seibu Railway. The former Seibu network based around Shinjuku and the former Musashino network based around Ikebukuro remain operationally separated today. In 1986, Seibu Railway moved its headquarters from the Ikebukuro area to Tokorozawa, Saitama , where the two main Seibu lines intersect. Tsutsumi became the controlling shareholder in Seibu Railway following

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902-503: The age of 75. He was cremated and his ashes buried in a grand tomb at Kamakura . Following his death, the empire was formally divided between Seiji and his younger half-brother Yoshiaki; Seiji receiving the retail portion and Yoshiaki taking the commercial portion. Just prior to his death, Yasujirō had chosen Yoshiaki as his heir, possibly because Seiji had been briefly involved with the Japanese Communist Party after

943-700: The busiest stations in the JR East network by average daily passenger count were: JR East co-sponsors the JEF United Chiba J-League football club , which was formed by a merger between the JR East and Furukawa Electric company teams. JR East aims to reduce its carbon emissions by half, as measured over the period 1990–2030. This would be achieved by increasing the efficiency of trains and company-owned thermal power stations and by developing hybrid trains . The Tokyo Metropolitan Police Department has stated that JR East's official union

984-417: The core group of Seibu, Kokudo Keikaku. Yasujirō then settled down to the quiet life of a distinguished former politician, traveling the world in 1961 and meeting with world leaders. Apart from a scandal involving bribery in 1963, his last years were comparatively peaceful. Yasujirō suffered a case of cerebral anemia on 23 April 1964, and died peacefully at home on 26 April 1964, of a cerebral hemorrhage at

1025-495: The end of his days. After his mother's separation, both Yasujirō and his sister were raised by their paternal grandfather Kiyozaemon, a stern traditionalist who wished Yasujirō to take over the family lands and remain a farmer. However, Yasujirō had no such intentions. Since the Meiji Restoration , tremendous change had swept Japan, which was seeing a period of remarkable expansion and industrialisation. Though eager to be

1066-472: The end of the Shigeru Yoshida government. Later that same year, he formally divorced Fumi and married Misao in a private ceremony. In 1955, he assigned his heir presumptive, Seiji, to take over the department store in Ikebukuro, which had been failing for a time; under Seiji's leadership, it was transformed into one of the biggest in Tokyo. Meanwhile, Yoshiaki, Yasujirō's son by Tsuneko, took charge of

1107-441: The land of Prince Kitashirakawa and Prince Asaka along with Asaka's palace. Those prime properties later became the jewels in the crown of the Seibu business empire. In May 1953, Yasujirō was elected Speaker of the House of Representatives of Japan , and he assigned Hiroji Yamamoto and Seiji to become his secretary. At 64, he had reached the pinnacle of his long career. He remained Speaker until 1954, when he resigned following

1148-483: The late thirties, he built an imposing mansion for himself and his family, which eventually became the official state house , and cultivated relationships with Japan's elite, among them General and Prime Minister Tojo . In 1940, he took over a small department store in Ikebukuro ; at the time, he thought little of it. Then came the war. During the war, Yasujirō's relationships with his family grew strained: Kiyoshi, as

1189-463: The meanwhile, Yasujirō had entered politics; in 1924, he had been elected as a member of the Diet , soon becoming parliamentary vice-minister. He soon turned his attention away from Misao and sought other mistresses, especially one Ishizuka Tsuneko, the daughter of a close friend, with whom he had three sons. The first, Yoshiaki Tsutsumi , born in 1934, was destined to play a significant role later on. By

1230-581: The merger through his holding company Kokudo Corporation. After gaining control of Seibu, Kokudo developed the Prince Hotels chain, acquired the baseball team now known as the Saitama Seibu Lions , in addition to continuing its core real estate business throughout the Tokyo area. Seibu Railway had its initial public offering on the Tokyo Stock Exchange in 1949 but remained under the control of Tsutsumi through Kokudo. Station numbering

1271-478: The mid-1930s the Great Depression had set in, and militarists and nationalists were in control of the government. Yasujirō expanded his interests to railways and tramlines, eventually absorbing his competitors into Hakone Resorts Ltd. Among the competitors was a rail company called Seibu , whose name Yasujirō eventually took for his concern, eventually changing the name of Hakone Resorts Ltd. to Seibu. In

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1312-593: The progress of World War II led to gasoline and personnel shortages which made this system unsustainable. The sewage service continued through the American occupation until 1951. As a result of this service cooperation, Seibu Railway merged with Musashino Railway to form the current Seibu Railway, effective in September 1945. Tokyu Group president Keita Goto had an intense personal rivalry with Tsutsumi, and unsuccessfully attempted to block both Tsutsumi's takeover of

1353-513: The second-largest shareholder in the company with a share of around 15%. Tsutsumi refused to respond to the Cerberus tender offer at the urging of Seibu management. As of June 2017, Seibu's routes total 176.6 km (109.7 mi). They fall into two separate groups. Tokorozawa Station is the crossing point of Ikebukuro Line and Shinjuku Line . Seibu Railway is well known for its bright yellow colored trains. However, more recent trains have

1394-494: The time, however, rough land had little value and was looked upon as a foolish investment. Still, Yasujirō persisted. In 1917, he purchased 650 acres (2.6 km ) of land for 30,000 yen from a village near the fashionable mountain resort of Karuizawa , and built several vacation houses and cottages. With this, he established a company, Hakone Resorts Ltd. Japan had prospered greatly during the First World War , initiating

1435-522: The war and as such was not completely trustworthy in Yasujirō's eyes. Yasujirō was notorious for his sexual appetite. In all, he had three wives and two mistresses by which he had seven acknowledged children, three of whom were legitimate. By all accounts, however, he had many more unacknowledged children by other mistresses and prostitutes , estimates of the number ranging from 50-100. East Japan Railway Company The East Japan Railway Company

1476-469: The war effort, including a creative way of sewage disposal. Though the escalation of the war caused great hardship for most, the Tsutsumis always had enough food and shelter. By 1945, the war was in its last stages. Firebombing destroyed the family mansion, forcing the family to move to a small side house. Finally, on 15 August, the Japanese government capitulated . Shortly after the surrender, Yasujirō

1517-473: Was purged by the Occupation Government under American General Douglas MacArthur . In the meantime, Japan was in chaos. People flooded into Tokyo from the countryside. Communists thrived in the poverty-stricken Japan, delivering tirades against the wealthy and powerful. By this time, Kiyoshi's relationships with his father were at their lowest ebb. In 1946, following several loud arguments, he

1558-428: Was born by the youngest daughter in 1928. However, it was the third daughter, Misao, whom he coveted, and yet, she refused all his advances until finally, in order to preserve the family honour, she yielded to Yasujirō as a mistress. For Aoyama, however, the damage was complete. Traumatised, he committed suicide. Yet, Yasujirō had at last found a strong woman to match himself. Misao adopted Seiji and Kuniko as her own. In

1599-404: Was called upon to handle the financial affairs of one Aoyama Yoshizo, a gentleman of a patrician noble family who had gone bankrupt. Aoyama had four daughters, all extremely beautiful, and Yasujirō fell in love with them at once. He had forceful affairs with the second and youngest daughters; from those affairs, a son, Seiji Tsutsumi , was born in 1927 by the second daughter, and a daughter, Kuniko,

1640-543: Was disinherited. Despite this tumult, opportunity soon came for Yasujirō. In 1947, MacArthur passed the Imperial Household Law . Among its provisions was that all members of the imperial family not directly connected to the emperor would become commoners and leave the family. Though they received generous settlements, each prince was also burdened with a crippling tax. Yasujirō stepped in, and through several complex manoeuvrers lasting until 1953, bought much of

1681-543: Was introduced on all Seibu Railway lines during fiscal 2012. Tsutsumi registered Seibu Railway shares owned by Kokudo in the names of various affiliated individuals, often without their permission, so that the true ownership of the company was not readily apparent. Following the death of Tsutsumi in 1964, his third son Yoshiaki Tsutsumi inherited control of Kokudo and continued the practice of falsifying shareholder records. His holdings in Kokudo and Seibu led to his being deemed

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