Seibu : Jun. 23, 2023 IR Meeting with the COO Handouts
July 26, 2023 at 10:42 pm EDT
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President's IR meeting
June 23,2023
Seibu Holdings Inc. (9024) https://www.seibuholdings.co.jp/en/
To Investors
Greetings
Policy statement | On taking office as President
・CEO/COO division of roles
・Resolution as President and COO
・Management creed / President's Vision
1
Themes and Initiatives of the Medium-term
Management Plan (FY2021-FY2023)
2
Results | Progress and Achievements of
the Medium-term Management Plan to date (1)
✓ Decisive implementation of management reforms, achieved transforming the business model and strengthening the financial base.
Management reforms
Digital operations
Sustainability
Asset-light business operations
Transferred some assets of Hotel and Leisure Business to GIC, among others
Lowering the break-even point
Permanent fixed expenses reduction in each business
Establishment of a shared services company for sharing of back office operations, etc.
Service transformation to suit the new normal
External collaboration, enrichment of products and services to establish
Karuizawa's status as a "workation resort"
Expansion of outdoor business, etc.
Management reforms of Urban Transportation and Regional Business
Review of organizational and operational structure to upgrade functions (enhance expertise)
Improvement of organization and infrastructure
Establishment of DX & Marketing Strategy Department
Utilization of the Group marketing platform, etc.
Promotion of sustainability actions
Revision and new establishment of environmental impact reduction targets
Expansion of business sites operating with virtually zero CO2 emissions
Installation of solar power generation through on-site PPA (Karuizawa Prince Shopping Plaza) 3
Results | Progress and Achievements of
the Medium-term Management Plan to date (2)
✓ Based on the initiatives of the Medium-term Management Plan, clarified the roles of each Group company and implemented organizational restructuring to upgrade their functions. Established a structure to maximize corporate and shareholder value post-pandemic.
✓ In line with the new organizational structure, formulated a basic concept for the Seibu Group
human resources strategy linked to the strengthening of expertise in core businesses.
【Overall picture of the reorganization】
4
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Seibu Holdings Inc. published this content on 27 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2023 02:41:04 UTC.
Seibu Holdings, Inc. is a Japan-based holding company which operates in six business segments. Urban Transportation and Regional segment provides passenger transport through trains, buses, and taxis along Seibu rail lines in the Tokyo-Saitama area. Hotel and Leisure segment consists of a varied assortment of facilities in a wide range of fields including hotels, golf courses, ski resorts, and leisure facilities. Real Estate segment is engaged in the development of hotel space, development and operation of stores in train stations, and subdivision of housing, among others. Construction segment is engaged in all types of construction in areas including railway lines, social infrastructure, hotel remodeling, private sector construction, and housing. Hawaii Business segment operates hotels in Hawaii. Other Businesses segment consists of passenger transport in Izuhakone and Ohmi, and the operation of Seibu Lions baseball team. The Company has 53 subsidiaries and one associated company.