Odakyū Dentetsu

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Odakyū Dentetsu

logo
legal form Kabushiki-gaisha
ISIN JP3196000008
founding June 1, 1948
Seat Shinjuku , Japan
Number of employees 3,792 (2019)
sales 173.9 billion yen (2019)
Branch Railway company
Website www.odakyu.jp

The Odakyu Electric Railway ( Jap. 小田急電鉄株式会社 , Odakyu Electric Railway Kabushiki-gaisha ; . English Odakyu Electric Railway Co., Ltd. ), commonly known as Odakyū ( 小田急 ) discloses a Japanese railway company based in Shinjuku in Tokyo . It is the core company of the Odakyu Group , which consists of over 100 companies active in the fields of transport, real estate , retail , business-to-business , financial services and tourism , among others . The shares are traded on the Tokyo Stock Exchange and the company is included in the Nikkei 225 share index. The route network in the Tokyo and Kanagawa prefectures includes the main line from Shinjuku station to Odawara and two branch lines to Fujisawa and Tama .

Route network

Route network

The Odakyū Dentetsu operates a 120.5-kilometer railway network in the southwest of the Tokyo area. It consists of three lines:

Name of the line route length opening
Odakyū Odawara line Shinjuku - Odawara 82.5 km 1927
Odakyū Enoshima Line Sagami-Ōno - Katase-Enoshima 27.6 km * 1929
Odakyū Tama line Shin-Yurigaoka - Karakida 10.6 km 1974/1990

* incl. 0.2 km parallel tour with the Odakyū Odawara line at Sagami-Ōno

The following are no longer in operation:

In Matsuda there is a short connecting track to the Gotemba Line from JR Central . It is used on weekends by the Fujisan express trains that run from Shinjuku to Gotemba and back. New vehicles of the Odakyū Dentetsu and the Hakone Tozan Tetsudō are also delivered via this track . For this purpose, some Odakyū railcar drivers are also being trained on electric locomotives of the EF65-2000 series from JR Freight .

Trains

Overview of the access offer from Odakyū Dentetsu

The Odakyū Dentetsu offers a wide range of express and express trains to and from Shinjuku . The romance car express trains are particularly well known throughout Japan . These comfortably equipped trains, which require reservation, are mainly used in tourist traffic from Shinjuku to Hakone , Enoshima and Gotemba and form the Limited Express train category . Other types of train that do not require a reservation are called Rapid Express , Express , Semi Express , Commuter Express and Commuter Semi Express ; they differ in the number of intermediate stops. There are also local trains with stops at all stations.

Many trains do not run to and from Shinjuku, but are in Yoyogi-Uehara on the Tokyo Metro Chiyoda Line of the Tokyo subway by bound . This in turn forwards in Ayase station on the Jōban line of the JR East in the direction of Toride , so that some connections use routes of three different railway companies. There are also free connections between Shinjuku and Hakone-Yumoto on the Hakone-Tozan line . Continuous train runs are the rule for the two branches (Enoshima and Tama lines). Local transport on the Odawara Line is divided into two with different levels of service, where you usually have to change trains in Hon-Atsugi .

Vehicle fleet

Odakyū romance car of the 70000 GSE series
Odakyū romance car from the 60000 MSE series

Trains in action

Romance car
Suburban trains

Formerly used trains

Romance car
Suburban trains
Former badge

The used today the company logo was introduced of 2008. It consists of the stylized Latin letter O and lettering in lower case Latin letters, both in shades of blue. According to the design concept, this should symbolize the "merging of history and urban culture in a rich railway environment". If the corporate group is to be represented as a whole, the logo also contains the word GROUP in capital letters. Previously, the company had been using a badge modeled after a traditional Mon emblem since 1948 . It represented a rail, surrounded by whole and broken circles.

Group of companies

Headquarters in Shinjuku

Odakyū Dentetsu is the core of the Odakyu Group , a holding company consisting of over 100 companies . In the transport sector, these include the railway companies Enoshima Dentetsu (with the Enoshima-Dentetsu line ) and Hakone Tozan Tetsudō (with the Hakone-Tozan line and the Hakone Tozan Cable Car ), the Hakone Ropeway cable car, the Ōyama Kankō Dentetsu funicular and several bus companies in Tokyo, Kanagawa and Shizuoka prefectures. There are also other companies in the real estate, construction, retail, gastronomy and hotel sectors, among others.

The main shareholders of Odakyū Dentetsu as of March 31, 2019 were: Dai-ichi Seimei Hoken (6.1%), Nihon Seimei Hoken (4.5%), Nomura Asset Management (3.5%), the pension fund from Mitsubishi Electric (3.5%), Sumitomo Mitsui Shintaku Ginkō (2.5%), The Vanguard Group (2.3%), Meiji Yasuda Seimei Hoken (2.0%) and Daiwa Asset Management (1.6%) ).

The subordinate holding company Odakyu Hakone Holdings combines the business activities in the Hakone region . Odakyū is also the largest shareholder in Sōtetsu Holdings , the holding company of Sagami Tetsudō , with a stake of 6.5% in March 2019.

history

Odakyū as a subsidiary

The railway company has its roots in the electricity company Kinugawa Suiryoku, founded in 1910 by the entrepreneur and politician Toshimitsu Tsurumatsu . In May 1922, she applied for a license to build a railway line between Shinjuku and Ashigarashimo County in Kanagawa Prefecture to promote suburbanization southwest of Tokyo . When this existed, she founded the subsidiary Odawara Kyūkō Tetsudō ( 小田原 急 行 鉄 道 , German "Odawara Express Railway"), with a share capital of 13.5 million yen and Tsurumatsu as chairman. In October 1926, the government also issued a license for a branch line to Fujisawa . In January 1927, the merger with the company specializing in property development Odawara Kyūkō Tochi , combined with a capital increase to 30 million yen. This was to ensure that the railway lines had enough customers in newly emerging parts of the city as soon as possible.

Toshimitsu Tsurumatsu

On April 1, 1927, the entire 82.5 km long Odakyū Odawara line was opened from Tokyo Shinjuku Station to Odawara . On the same day, the Mukōgaoka-Yūen amusement park began operations, with a diesel-powered excursion train connecting to the station of the same name from June 14 of the same year . On April 1, 1929, the Odakyū Enoshima line branching off in Sagami-Ōno was opened via Fujisawa to Katase-Enoshima . In the vernacular, the abbreviation Odakyū was soon widespread for the railway company , made famous in particular by the title song of the 1929 film Tōkyō kōshinkyoku by Mizoguchi Kenji . After a few years exclusively with passenger traffic, the Odawara Kyūkō Tetsudō also offered goods traffic from November 1, 1934, which mainly consisted of the transport of gravel between Hon-Atsugi and Tokyo. For this purpose it cooperated with the Nambu Tetsudō from September 1936 and built a connecting track that was used until 1967. On June 1, 1938, the company expanded into bus transport.

After the outbreak of the Pacific War , the Japanese government sought to improve the efficiency of smaller private transport companies. To this end, in 1938 she passed the “Law for the Coordination of Land Transport Companies”, which enabled her to arrange mergers into larger units , especially in the metropolitan areas . On this basis, the Odawara Kyūkō Tetsudō took over the Teito Dentetsu on May 1, 1940 , which operated the Inokashira line from Shibuya to Kichijōji and also belonged to the Kinugawa Suiryoku . The latter lost its main business due to the forced nationalization of the electricity industry and merged with its subsidiary, which resulted in Odakyū Dentetsu on March 1, 1941. Tsurumatsu also led the new company, but speculated on mining deals and stepped down as chairman on June 28 of the same year. After a three-month transition period, Keita Gotō took his place. Taking advantage of the Coordination Act of 1938, he strove to unite all private railway companies in the southwest of the Tokyo metropolitan area under the roof of Tōkyū Dentetsu, which he also presided over . So went the Odakyū Dentetsu, the Tōkyū Dentetsu and the Keikyū Dentetsu on May 1, 1942 in the Daitōkyū conglomerate, on May 31, 1944 also the Keiō Dentetsu .

Independent development

As the war worsened, the Odawara Line suffered severe damage from air strikes by the United States Army Air Forces . Two years after the end of the war, the shareholders decided on November 26, 1947 at an extraordinary meeting to dissolve the financially troubled Daitōkyū conglomerate through spin-offs . The on June 1, 1948 re-established and now independent Odakyū Dentetsu received their original route network back and gave the Inokashira line to the Keiō Dentetsu. On the same day, she took over Hakone Tozan Tetsudō and thus laid the foundation stone for the establishment of an own group of companies called the Odakyu Group . Odakyū Dentetsu's shares were listed on the Tokyo Stock Exchange from May 1949 . From 1951, it began to significantly expand its range of express trains in order to make better use of the tourist potential of the Enoshima peninsula and the Hakone volcano . For this purpose, she acquired the majority of shares in Enoshima Dentetsu on August 1, 1953 and founded her own tourism company two years later.

In order to further increase the tourist attraction of the express train connections, the brand name Romancecar was introduced on June 22, 1957 and is still used today. A railcar of the Odakyū series 3000 SE , which had been procured for the new type of train, drove a test drive of 145 km / h on September 27, 1957, thereby setting a speed record for narrow-gauge trains. This record was the main reason why the high-speed multiple units of the Shinkansen series 0 were developed. The Odakyū Dentetsu received the Blue Ribbon Award, first presented in 1958 . To develop the amusement park, she opened the Mukōgaoka-Yūen Monorail on April 23, 1966 , a monorail that was in operation until 2000. In 1969 she introduced an emergency braking system on all routes . With the takeover of Tōkai Bus, it expanded into regular bus services in Shizuoka Prefecture in 1971 .

Tama Line (1981)

In the 1960s, the Odakyū Dentetsu strove to develop the Tama New Town emerging in the Tama hill country , but the Keiō Dentetsu also wanted to connect the largest planned city in Japan to their route network. Both companies agreed on a parallel tour over a length of three and a half kilometers in order to minimize land consumption. On June 1, 1974, the first section of the Odakyū Tama Line between Shin-Yurigaoka and Nagayama went into operation, on April 23, 1975, the line extended to the provisional end point Tama Center . Since March 31, 1978 there is a connection of all Odakyū lines to the Chiyoda line of the Tokyo subway . On March 21, 1984 the Odakyū Dentetsu stopped all freight traffic and on March 27, 1990 it extended the Tama line to Karakida . A year earlier, the Odakyū Dentetsu had started to expand the Odawara line to four tracks, in order to be able to offer fast trains in particular. To date, however, only part of the project has been implemented, as expansion in Setagaya has been blocked due to resistance from residents and landowners.

On October 1, 2004, the subsidiary holding company Odakyu Hakone Holdings was established . It serves to separate the more tourist-oriented services in the Hakone region from companies in the Tokyo metropolitan area , which are mainly geared towards commuter traffic. On April 26, 2019, the Odakyu Group became fully owned by Enoshima Dentetsu through a share swap.

Web links

Commons : Odakyū Dentetsu  - collection of images, videos and audio files

Individual evidence

  1. ↑ a b 有 価 証券 報告 書 - 第 98 期 (平 成 30 年 4 月 1 日 - 平 成 31 年 3 月 31 日). (Annual report 2018/19). Nikkei , 2019, p. 3 , accessed April 23, 2020 (Japanese).
  2. ↑ Jun'ichi Sugiyama: 小田急 電 鉄 に は 、 JR 貨物 の 電 気 機関 車 も 運 転 で き る 運 転 士 が い る. Mynavi News, December 9, 2017, accessed April 23, 2020 (Japanese).
  3. ↑ Yūki Narita: 小田急 グ ル ー プ の ブ ラ ン ド マ ー ク. (PDF, 14.8 MB) In: SUBWAY, No. 201. Nihon chikatetsu kyōkai, May 2014, pp. 55–57 , accessed on April 23, 2020 (Japanese).
  4. ^ Odakyu Electric Railway Co., Ltd. Nikkei Asian Review, 2020, accessed April 23, 2020 .
  5. ↑ Sotetsu Holdings, Inc. Nikkei Asian Review, 2020, accessed April 23, 2020 .
  6. ↑ 鉄 道 免 許 状 下 付. In: Official Gazette. National Parliamentary Library , June 1, 1922, accessed April 23, 2020 (Japanese).
  7. ↑ 日本 全国 諸 会 社 役 員 録. 第 32 回. National Parliamentary Library, 1924, accessed April 23, 2020 (Japanese).
  8. ↑ 鉄 道 免 許 状 下 付. In: Official Gazette. National Library of Parliament, October 7, 1926; accessed April 23, 2020 (Japanese).
  9. ↑ a b c d e f g 小田急 五 十年 史 ”. 小田急 電 鉄 (1980 年). Shibusawa Shashi Database, accessed April 23, 2020 (Japanese).
  10. ^ Edward Seidensticker: Tokyo Rising: the city since the great earthquake . Alfred A. Knopf, New York 1990, ISBN 0-394-54360-2 .
  11. ↑ Takashi Aota: ゼ ロ 戦 か ら 夢 の 超 特急 小田急 SE 車 世界 新 記録 誕生 秘 話 . Kōtsū shimbunsha, Chiyoda 2009, ISBN 978-4-330-10509-3 , pp. 15 .
  12. ↑ 小田急 五 十年 史 . Odakyū Dentetsu, Tokyo 1980, p. 489 .
  13. ↑ 小田急 箱根 グ ル ー プ 組織 図. (Organization chart). Odakyu Hakone Holdings, 2018, accessed April 23, 2020 (Japanese).
  14. ↑ 簡易 株 式 交換 に よ る 江 ノ 島 電 鉄 株式会社 の 完全 子 会 社 化 に 関 す る お 知 ら せ. (PDF, 338 kB) Odakyu Group, April 26, 2019, accessed April 23, 2020 (Japanese).