Hankyu Hanshin Toho Group


Hankyu Hanshin Toho Group is a Japanese keiretsu centered on companies established by railway tycoon Ichizō Kobayashi: Hankyu Hanshin Holdings, H2O Retailing and Toho. The keiretsu historically included Sanwa Bank, now part of Mitsubishi UFJ Financial Group, and is still closely linked to MUFG.

Ownership Structures within the Group

Group companies

Hankyu Hanshin Holdings Group