Odakyu Electric Railway : FACT BOOK (As of March 31, 2025)

Published: 2025-06-27 02:03:07 ET 9007.T

Published on 06/27/2025 at 02:03

As of March 31, 2025

思う誰かを今日も

…田急雷鉄株式会社

Company Profile

Main Business Areas 4

Trends in Population of Area along the Odakyu Line 5

Business Planning Structure 6

Shareholder Returns 8

Overview of Performance 9

Business Introduction

Overview by Segment 10

Initiatives along the Odakyu Line 18

ESG Information

Ｅ：Environment 27

Ｓ：Social 28

Ｇ：Governance 31

Data（Finance, Environment, Employees）

300.0

250.0

Company Name

Odakyu Electric Railway Co., Ltd.

Capital

60,359 million yen

Established

June 1, 1948

(Predecessor Odawara Express Railway Co., Ltd.,

established on May 1, 1923)

Stock Price,

Market capitalization

1,705 yen,

628,288 million yen（as of June 20, 2025）

Business (Consolidated)

Transportation, Real Estate, Life Services

Listed Market

Prime Market of the Tokyo Stock Exchange

(Stock Code : 9007)

Group Companies

Consolidated subsidiaries : 29 Affiliated company : 1

Issued Shares

368,497,717 (Unit : 100）

Number of Employees (Consolidated)

11,517

Credit Rating

JCR：AA- (Stable) R&I：A+ (Stable)

Change in the Company's Stock Price and the TOPIX Index

TOPIX (LHS)

the Company's Stock Price (RHS)

3,636 （yen）

3,030

200.0 2,424

150.0 1,818

1,705

100.0 1,212

50.0

606

4/2005 4/2006 4/2007 4/2008 4/2009 4/2010 4/2011 4/2012 4/2013 4/2014 4/2015 4/2016 4/2017 4/2018 4/2019 4/2020 4/2021 4/2022 4/2023 4/2024 4/2025

3 * The Company's share price has been retroactively adjusted to reflect the reverse stock split.

The Odakyu Line is a major private railway line, with its main terminal at Shinjuku Station, that connects Tokyo with Kanagawa Prefecture.

What makes the Odakyu Line special is that it links the

city center with residential districts and tourist

Shinjuku

Yoyogi-Uehara

attractions.

Operating Kilometers

：

120.5 km

Daily average passengers

：

1.91 million people

Number of stations

：

70 stations

Outline of Area along the Odakyu Line

Tanzawa / Oyama

Karakida

Sagami-Ono Ebina

Hon-Atsugi

Noborito

Shin-Yurigaoka Machida

Yamato

Shimo-Kitazawa

Multiple double track

section

Overview of the Area Served by the Odakyu Line

Area

：

1,226 km2

Population

：

5.23 million people*

Number of households

：

2.66 million*

* Oct. 2024

(27 Cities, Towns and Village)

Gotemba

Lake Ashi

Odawara

Hakone-Yumoto

Fujisawa

Kamakura

Katase-Enoshima

Hakone

Shonan

Trends in Population of Area along the Odakyu Line (Result)

＊As of October 1 of Each Year by National Census

<27 municipalities along the Odakyu Line>

FY2015

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

Total (thousand people)

5,094

5,125

5,149

5,173

5,199

5,213

5,223

5,228

5,237

Rate of change

0.4

0.6

0.5

0.3

-0.0

0.2

0.1

0.2

Forecasted Trend in the Population of Area along the Odakyu Line

＊Source: National Institute of Population and Social Security Research

100.2

99.7

98.8

97.5

96.0

97.7

95.2

92.5

89.4

86.3

83.0

（Line graph unit : ％）

100

FY2020*

FY2025

FY2030

FY2035

FY2040

FY2045

FY2050

Total

(thousand people)

5,213

5,226

5,221

5,197

5,149

5,081

5,003

* result

Odakyu Line

Tokyo

Shinjuku

Shibuya

Setagaya

Komae

Tama

Inagi

Machida

Kanagawa

Tama, Kawasaki

Asao, Kawasaki

Sagamihara*

Zama

Ebina

Atsugi

Kiyokawa

Aikawa

Isehara

Nakai

Hadano

Matsuda

Kaisei

Minami-Ashigara

Odawara

Hakone

Yamato

Ayase

Fujisawa

*Population data for Sagamihara do not include the four towns that were merged into Sagamihara (Sagamiko, Tsukui, Shiroyama and Fujino).

National Average

Management Principle:

The Odakyu Group will contribute to helping customers create "irreplaceable times" and "rich and comfortable lifestyles."

In order to realize our management principle, we will

Group Management Principle

Promoting

Action Guidelines:

provide "excellent quality" and "a moving experience" to our customers, without forgetting our three guiding principles.

Sincerity Enterpris Harmony

sustainability management

Management Vision

Becoming a

Six material issues・・・P.7

Becoming a "Community-Based Value Creation Company" In order to grow together with communities along the Odakyu Line and in areas where we operate businesses, we will evolve into a company that

creates new value in communities, such as customer experience and lowering of the environmental load, by constantly striving to think outside the box.

Two evolutions to achieve the management vision

Business development based on the concept of

"Community-Based Value Creation Company"

Medium-Term Management Plan

(FY2025-FY2026)

regional economies

Optimization of our business portfolio

（reference）Published on May 13, 2025

Notice Concerning Formulation of Medium-Term Management Plan (FY2025-FY2026)

Materiality Targets and Monitoring Indicators

Safety and peace of mind

Community development and local communities

Daily life and tourism

experiences

Provision of public transportation services that prioritize safety and peace of mind

Pursuit of society where anyone can live with peace of mind

Community development combining work, residence, business, education, recreation, and wellness

Development of communities achieved by using local

resources

Promotion of rich lifestyles that utilize technologies

Provision of tourism experiences unique to each region

Number of operating accidents/incidents caused by the Company in the railway business: Zero (each fiscal year)

Number of fatalities or serious injuries in the bus and taxi businesses: Zero (each fiscal year)

Total level of satisfaction with railway services

Number of users at key stations in areas being strengthened (per day) (FY2030/FY2040) Shinjuku: 470,000 people / 530,000 people

Shin-Yurigaoka: 120,000 people / 140,000 people

Machida: 270,000 people / 300,000 people Ebina: 150,000 people / 160,000 people

Population of communities along the Odakyu Line

Total level of satisfaction of local residents

Total level of satisfaction with how to live (well-being)

Odakyu Group's tourism revenue: ¥120.0 billion (FY2030)

Inbound tourism revenue: ¥45.0 billion (FY2030)

Number of users of children's IC cards other than commuter passes

Number of users of Limited Express Romancecar services

□ Number of Odakyu ONE ID users □ Number of Freepasses sold (Hakone)

Environment (carbon neutrality)

Enhancing human capital

Realization of a decarbonized society through energy conservation, renewable energy, electrification, and collaboration with local communities

Realization of a resource recycling society aimed at Beyond

Waste

Cultivation of a corporate culture that enables all employees to work in their own unique way

Development and allocation of value-creating human resources for achieving sustainable growth

Number of visitors to tourist areas along the Odakyu Lines (Hakone and Fujisawa)

Odakyu Group CO2 emissions:

50% reduction compared with 2013 (FY2030)/Net zero (FY2050)

Odakyu Group's waste emissions (intensity per unit revenue): Year-on-year reduction (each fiscal year)

Odakyu Group's water intake (intensity per unit revenue): Year-on-year reduction

(each fiscal year)

Ratio of female employees (full-time): 20% (FY2030)/35% (FY2050)

Ratio of women in management roles: 15% (FY2030)/30% (FY2050)

Ratio of male employees taking paternity leave: 100% (FY2030)/100% (FY2050)

Employee engagement survey score (non-consolidated)

Revenue from operations per employee

Staff sufficiency rate (Railway and buses)

Number of specialized human resources (real estate growth area)

Governance

Targets □ Monitoring indicators

Realization of an optimal governance structure that fulfills the expectations of all stakeholders

Number of major legal violations: Zero (each fiscal year)

Ratio of female officers: 30% (FY2030)

Number of serious information security incidents: Zero (each fiscal year)

Implementation rate of sustainability survey for business partners: 100% (FY2030)

Ratio of Independent Outside Directors

Providing shareholder returns worth ¥200.0 billion in cumulative total during FY2025 to FY2030 and reducing shareholders' equity ratio to 30% by FY2030 (36.8% As of March 31, 2025)

Basic policy

(FY2023-FY2026)

Based on the assumption of a 30% shareholders' equity ratio, the Company will implement stable dividends and flexible share buybacks, with a target total consolidated payout ratio of at least 40%* on average for FY2023 through FY2026

* Total amount of shareholder returns for the four years/total amount of net income attributable to owners of parent for the four years ≥ 40%

Dividend

FY2024: Pay annual dividend of 40 yen per share (The forecast amount of annual dividend was revised from 30 yen)

FY2025: Planning to pay annual dividend of 50 yen per share

Share buybacks

Consider the timing of implementation, comprehensively taking into consideration changes in the business environment, business performance, and other factors

Also considering measures to address the deterioration of share supply-demand balance resulting from the sale of the Company's shares by financial institutions, etc

(Acquisitions that were made) Total for FY2023 and FY2024: 32.7 billion yen

Dividend per share (including forecast)

50.0

40.0

30.0

21.0

10.0

11.0

15.0

10.0

11.0

25.0

19.0

25.0

(Initial forecast)

FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

8 * Diagonal lines indicate forecasts

Change in Consolidated Performance （Unit : million yen）

Revenue from Operations Operating Income

409,837

395,159

358,753

422,700

50,766 51,431

FY2024 Consolidated Performance

Revenue from Operations

Transportation

40.8%

26,601

6,152

39.1%

422,700

million yen

2021 2022 2023 2024

（FY）

2021 2022 2023 2024 （FY）

Segments and principal companies

(consolidated subsidiaries: 29, equity method affiliates: 1)

Real Estate

20.1%

Railways

Others

Buses

Real

Estate

Sales

Others

Leasing

Transportation

Odakyu Electric Railway

Enoshima

Electric Railway

Odakyu Real Estate

Odakyu Bus

Odakyu SC

Development

Operating Income

51,431

million yen

51.5%

※ Segments (including their names) were changed at the beginning of FY2024.

Odakyu Shoji

Life

Services

Hotels

Others

Restaurants

Stores and Retail

Department Stores

(Stores and Retail)

Odakyu Resorts

(Hotels)

9 Detail (Financial Results of the Fiscal Year Ended March 31, 2025) https://www.odakyu.jp/ir/financial/eeles40000000d1j-att/2024.4Q_FAQ_ENG.pdf

Overview of Railways

Karakida

Machida

Shin-Yurigaoka

Shinjuku

Odakyu Electric Railway Utilization of railway station barrier-free fare system

Acceleration of platform door installation and other measures to improve safety and ease of movement.

・Start date : March 18,2023

Odakyu Electric Railway

Sagami-Ono

・Additional Fares : ¥10 to regular adult fares (IC cards and tickets) And calculated into commuter passes

Platform doors at

Noborito Station

Hakone Tozan Railway

Gora

Hon-Atsugi

Ebina

Fujisawa

Enoshima Electric Railway

Note: Child fares will be half the amount of adult fares after additional fares.

Children's IC card fares and commuter passes do not have additional fares set.

・Amount collected annually : ¥5 billion

Platform Door Installation Plan

Aiming to complete the installation of 107 lines at 37 stations by FY2032

Hakone-Yumoto

Odawara

Katase-Enoshima

kamakura

*From FY2033, consideration will be given based on the situation at each station and discussions with the relevant local authorities.

Strengthening safety measures

Odakyu Electric Railway Capital Investment

Earthquake reinforcement construction work, installation of platform doors, etc.

Enhancing service quality

Building of new commuter train rolling stock and overhaul of existing rolling stock, as well as renovation of station buildings, etc.

Number of Railway Operation Accidents

①Installed

Shinjuku (excluding limited express platforms), Yoyogi-Hachiman,Yoyogi-Uehara, Higashi-Kitazawa, Shimo-Kitazawa, Setagaya-Daita, Umegaoka, Noborito, Machida, Sagami-Ono, Ebina, Hon-Atsugi, Chuo-Rinkan, Yamato

②FY2025(Plan)

Gotokuji, Chitose-Funabashi, Soshigaya-Okura, Kitami, Komae

③up to FY2032(Plan)

All stations from Shinjuku to Hon-Atsugi (Other than the before), Fujisawa

Considering a new model Limited Express Romancecar

（Unit：case）

No Incidents Resulting in Death or Injury

since 2013.

Aim to have it go into service in FY2028 as a train that provides both passengers from within Japan and those from other countries with higher-quality travel time while maintaining the tradition, history, and brand of the Romancecar.

EXE

(Type 30000)

VSE

(Type 50000)

Position it as the alternative to EXE and the successor to VSE, which went into service reflecting our desire to revitalize Hakone as a tourist attraction and which was

2018 2019 2020 2021 2022 2023 2024

（FY）

retired in 2023.

Trends in Number of passengers carried：Odakyu Electric Railway

744,374 749,421 755,328 766,655 765,327

698,871（thousand people）

286,184

287,815

289,439

294,671

287,589

580,612

525,225

648,656

266,998

683,710

287,017

294,315

458,190

461,606

465,889

471,984

477,738

193,262

331,963

230,695

349,917

381,658

396,693

404,556

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 （FY）

Trends in Revenue：Odakyu Electric Railway

116,220

117,322

119,525

117,306

69,882

70,451

71,822

68,951

101,034

88,609

77,866

68,973

63,229

71,426

72,854

43,575

52,991

45,907

46,337

46,871

47,703

48,354

34,290

35,618

37,804

41,488

42,454

114,880

112,915 115,309

（million yen）

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 （FY）

General route buses

We provide the services mainly in the urban areas of Tokyo and

Overview of Bus and Taxi Services * Includes equity method affiliates

Airport connecting buses

Kanagawa as well as tourist destinations such as Hakone, Enoshima, Kamakura, Izu, and Atami.

Express buses

We provide bus services to and from Haneda Airport and Narita Airport mainly in areas along the Odakyu Lines.

Odakyu Bus

Tachikawa Bus

Odakyu Highway Bus

Hakone Tozan Bus

Taxies

We provide express bus services to and from Yokohama, Hakone, and Gotemba areas, as well as Chiba, Akita, Gifu, Okayama, and other regions, mainly in areas along the Odakyu Lines.

We provide taxi services in the 23 ward of Tokyo, Musashino City,

Enoden Bus Tokai Bus

Kanagawa Chuo Kotsu

Odakyu Kotsu

Mitaka City, and Machida and Tama areas.

We operate tourist taxies, which visit popular venues in Tokyo, and fixed-fare taxi services to and from airports.

Overview of Odakyu Group Bus Services

Number of buses 3,364 vehicles * Aug. 2024

（thousand people）

400,000

350,000

Total route length 10,642 km

* Aug. 2024

Passengers carried 338,880 thousands people

300,000

Buses : Trends in Number of passengers carried

250,000

200,000

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 （FY）

Overview of Real Estate

Sales:

Sales

FY2024 Real Estate Revenue from Operations

Total of Real Estate: 95,897 million yen

We develop and sell newly built condominiums and single-family houses. (See page 14.)

Investment and development: We develop real-estate properties as investment targets, with a focus on rental residences, offices, and logistics facilities, and selling them to investors.

Purchase and resale: We purchasing high-grade used residences and other properties, renovating them on a large

scale, and reselling them as high-grade residences.

Agency business, etc.: We propose optimal real estate solutions by linking buyers and sellers of properties.

Leasing

We operate businesses including the acquisition, development, and leasing of office buildings, commercial facilities, condominiums, and other properties. (See page 15.)

Others

We operate a building maintenance business of maintaining and managing office buildings, commercial facilities, train stations, hotels, and other buildings.

Others 14.9%

Leasing 47.0%

Sales 14.9%

Investment and development 9.5%

Purchase and resale 6.1%

Agency business, etc.

7.6%

Cumulative total since FY2021

Completed

Sold

Under Construction

Investment and development business (major completed properties and future plans)

2021

2023

2024

2025

（FY）

Odakyu Fudosan Logistics Center INZAI*

PROFICA SHINAGAWA

Odakyu Fudosan

(tentative) Odakyu Fudosan

MINAMI-OI* Logistics Center OKAZAKI*

Odakyu Fudosan Logistics Center KANIE

Logistics Center

NAR rage

UOHAMA Cold St

* The name has been changed.

Property name

Total units

Place

Start of sale period (Schedule)

Handover period (Schedule)

Park Tower Mukogaoka-yuen*

201

Kawasaki, Kanagawa

March 2024

December 2025

LEAFIA RESIDENCE NERIMA NAKAMURABASHI

Nerima, Tokyo

October 2023

August 2024

BRANCHERA YOKOHAMA SEYA*

Yokohama, Kanagawa

September 2024

December 2024

(tentative) Sagami-Ono 2-chome Condominium Plan

Sagamihara, Kanagawa

December 2025

March 2026

LEAFIA RESIDENCE CHOFU KOJIMACHO

Chofu, Tokyo

October 2024

March 2025

LEAFIA RESIDENCE HACHIOJI KITANO

Hachioji, Tokyo

February 2024

January 2025

LEAFIA RESIDENCE KOBUCHI

Sagamihara, Kanagawa

April 2024

December 2024

Key Condominiums Expected to be Recorded in FY2025

Property name

Total units

Place

Start of sale period

Handover period

SENTGARDEN EBINA Ⅱ*

500

Ebina, Kanagawa

April 2022

March 2024

First Link Residence*

193

Ebina, Kanagawa

December 2021

June 2023

LEAFIA RESIDENCE ASAO SATSUKIDAI

Kawasaki, Kanagawa

November 2022

January 2024

LEAFIA RESIDENCE SAGAMIONO VEIL*

Sagamihara, Kanagawa

November 2022

January 2024

Key Condominiums in Recent Years

LEAFIA RESIDENCE NERIMA NAKAMURABASHI

LEAFIA RESIDENCE CHOFU KOJIMACHO

＊Joint venture with other company

Park Tower Mukogaoka-yuen

Odakyu Southern Tower

Commercial facilities

Place

Rentable space

HALC

Shinjuku

Approx. 26,000㎡

Flags

Shinjuku

Approx. 9,500㎡

Kyodo CORTY

Kyodo

Approx. 7,500㎡

Seijo CORTY

Seijogakuen-Mae

Approx. 7,900㎡

Shin-Yurigaoka L-MYLORD

Shin-Yurigaoka

Approx. 40,000㎡

Sagami-Ono station SQUARE

Sagami-Ono

Approx. 41,000㎡

ViNA WALK

Ebina

Approx. 69,000㎡

ViNA GARDENS PERCH

Ebina

Approx. 15,000㎡

Hon-Atsugi MYLORD

Hon-Atsugi

Approx. 21,000㎡

Main Lease Buildings Held by Odakyu Electric Railway

Office buildings

Place

Rentable space

Odakyu Southern Tower

Shinjuku

Approx. 24,000㎡

ViNA GARDENS OFFICE

Ebina

Approx. 15,000㎡

HALC Kyodo CORTY

Trends in Market Value and Book Value of Rental Properties, etc.

Shin-Yurigaoka L-MYLORD Sagami-Ono Station SQUARE ViNA WALK

3,690

3,923 4,071

4,245

4,489 4,432 4,461

Odakyu Dai-Ichi Seimei Building

Sold etc.

3,615 3,636

3,937

2,970

2,770

2,921

2,996

3,147

3,174

3,212

2,476 2,428 2,578

（hundred million yen）

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

（FY）

store

Department Store Shinjuku

Shinjuku

Umegaoka

Overview of Department Stores and Supermarkets

●

● ● ● ●

●

● ● ●

●

● ● ● ●

● ● ●

● ●

●

Department Store

Machida store

Supermarkets

"Odakyu OX" "Odakyu OX MART"

32 stores in the area along the Odakyu Line

Komae

Mukogaoka-yuen Ikuta

Yomiuri-Land-mae

Shin-Yurigaoka

（3stores）

Kurihira

Tsurukawa Tamagawagakuen-mae Machida

Sagami-Ono

Odakyu Sagamihara Sobudai-mae

Zama

Aiko-Ishida

Isehara

Hadano

Shibusawa

Odawara

Department Store Fujisawa

Minami-Rinkan

Yamato

Chogo

Fujisawa

Katase-Enoshima

Convenience Store

7-Eleven

48 stores in the area along the Odakyu Line

Yoyogi-Uehara

Kyodo

Chitose-Funabashi

Soshigaya-Okura（2stores）

Seijogakuen-mae

Overview of Hotels

Type

Area

Name of hotel

Guest

rooms

City hotel

Shinjuku

HOTEL CENTURY SOUTHERN

TOWER

375

Sagami-

Hara

HOTEL CENTURY SAGAMI-ONO

120

Hon-

Atsugi

STATION HOTEL HON-ATSUGI

Resort hotel

Hakone

Hotel de Yama

Hatsuhana

HAKONE YUTOWA

RETONA HAKONE*1

Hakone Highland Hotel*2

Un-

decided

Gotemba

HOTEL CLAD

182

Operation

in trust

Gotemba

edit x seven FUJI GOTEMBA *3

Results and Schedule for Major Renovations and Openings

2019

2022

2025

2027

2028

（FY）

HOTEL CENTURY SOUTHERN TOWER

（Shinjuku）

Hotel de Yama (Lake Ashi)

Hatsuhana (Oku-Yumoto)

RETONA HAKONE (Togendai）

*1 Opening Dec. 2025 (Plan) *2 Renovation FY2027 (Plan) *3 Opening FY2025 (Plan)

resort temporary staffing

Sales of goods

in Hakone area

Overview of Restaurants（161 shops） ■ Others

Major Initiatives

Machida

Promotion of redevelopment in the area around Machida Station, which boasts the third highest number of passengers on the Odakyu Line, through utilization of Odakyu-owned assets around the station, in anticipation of the extension of the Tama Toshi Monorail

Ebina ViNA GARDENS

P.23

Noborito・ Mukogaoka-Yuen P.22

Shinjuku West Gate Development Project P.19-20

Odawara・Hakone P.24

Hon-Atsugi

Shonan P.25

Shin-Yurigaoka

Consideration of community development concepts through utilization of Odakyu's infrastructural assets aimed at reinforcing transportation node functions and generating prosperity due to the extension of the Yokohama Municipal Subway Blue Line

Shimokita Senrogai P.21

Major Odakyu Properties in the Vicinity of Shinjuku Station

Former Shinjuku MYLORD

Opened:1984

Rentable space: Approx. 8,700㎡

Currently being demolished as part of the Shinjuku West Gate Development Project

Flags

Opened:1998

Rentable space: Approx. 9,500㎡

Shinjuku Nishiguchi HALC Former Odakyu department

store (Main Store)

Currently being demolished as part of the Shinjuku West Gate Development Project

Opened:1962 Opened:1967(Main Store) Rentable space: Approx. 26,000㎡ Rentable space: Approx. 61,000㎡ Acquired in 2000

Odakyu Ace

Opened:1966

Rentable space: Approx. 3,500㎡

Shinjuku Southern Terrace

Opened: 1998

Rentable space:

Approx. 4,100 ㎡

Shinjuku Nishi Building

Opened:1965

Rentable space: Approx. 2,500㎡ Acquired in 2016

Odakyu Southern Tower

Opened:1998

Rentable space: Approx. 47,000 ㎡

*Hotel, Office etc.

South gate

West gate

Shinjuku West Gate Development Project

(2)Former

（

A: Joint projects between Tokyo Metro and Tokyu Land Corporation

B: Odakyu independent projects

Sections excluding the share held by Tokyo Metro are subject to equivalent exchange between Odakyu and the Tokyu Land Corporation

Target building

Leading project of the Shinjuku Grand Terminal concept, a public partnership that aims to improve the city's international competitiveness

Development of business creation functions initiated by customers, in addition to commercial functions that provide new experiences and high-grade office functions

Introducing functions for making Shinjuku an inbound tourism hub

東京メトロ所有）

Continued implementation of collaboration initiatives with various groups, such as government administrations, industries, and universities

Total amount to be invested in the Project by the Company (scheduled)：Approx. ¥130.0 billion

Project for building (image)

Buildings to be reconstructed and expected completion date

Target building：⑴ Former Odakyu department store main store

⑵ Former Shinjuku MYLORD

Completion of construction：FY2029 (scheduled)

Perspective drawing of the Project

Image of the planned building

Approximately 8,060㎡

Area

Approximately 7,660㎡

Approximately 251,000㎡

Floor

space

Approximately 28,000㎡

Approximately 260ｍ

Height

Approximately 50ｍ

47th and 48th floors: Top area 14th to 46th floors: Office

12th and 13th floors: Business creation 2nd basement to 10th floors: Commercial facilities

Main

uses

3rd to 8th floors: Commercial facilities 2nd basement to 2nd floors: Commercial facilities, Railways

from the west side

Koshu Kaido

Roadside

East-West Deck

Grand Shaft

Shinjuku Station

Ground platform

Plan to Use the Space above the Tracks in the Shimo-Kitazawa Area

Development concept: "BE YOU. Like Shimokita. Like myself."

Aboveground land area*: 27,500㎡ (excluding crossroads and railway facilities) at former railway facility site

Taking into account the different characteristics of the areas around each station, Odakyu is working to create a group of 13 distinctive facilities in a development zone that stretches for 1.7 kilometers, working together with local people to realize community development (Fully opened in May 2022)

Land price as of March 2025 (residential areas)

Rental housing

Complex

Nursery school

Student dormitory

Commercial facility

Accommodation

Store/Office

Change compared to 2017

1km radius around Shimo-Kitazawa Station

+36.5%

Entire Setagaya

district

+28.8％

Shimo-Kitazawa Sta. Higashi-Kitazawa Sta.

Accommodation

Combined stores and housing/commercial facilities

Complex

Event space

Commercial facility

Plan for Utilizing the Site of the Former Mukogaoka-Yuen Amusement Park

Development concept: "Hills where the balance between people and nature is restored"

The entire site is divided into three zones, the commercial facilities area, the sauna baths area, and the nature experience area, and creates special spaces and experiences that allow people to enjoy familiar leisure activities and feel a bit of the extraordinary.

In addition, this site will serve as a hub that connects the abundant natural, cultural, artistic, and educational assets that already exist

in the community, as well as providing the community with new added value.

Mukogaoka-Yuen Sta.

Fuchu-kaido Ave.

Fujiko F. Fujio Museum

自然体験エリア

Nature experience area

39,300㎡

Sauna baths area

25,600㎡

Ikuta Ryokuchi Rose Garden

Commercial facilities area

29,900㎡

Development site area:Approx. 162,700m2

Development Plan of the District between Stations in Ebina

Already

completed

⑦

Under

con ion

siderat

②

④

③

①

⑤

JR Ebina Station

Prosperity Creation Area

Residential Area

Odakyu Ebina Station

⑧

Development concept: ViNA GARDENS - Relax, Live, Cultivate

Site area : Approx. 35,000 ㎡

Floor area : Approx. 175,000 ㎡

Investment Amount : Approx. 32.2 billion yen

⑥

Under

onsideratio

(Odakyu Electric Railway portion)

Transition of the development

2017 ①Convenience store opened

②Commercial facilities, TERRACE opened

2020 ③Condominium completion

2021 ④Condominium completion

2022 ⑤Offices completion

⑥Service facilities, PERCH opened

2027 ⑦Condominium completion (Plan)

Population in 2024

Land price as of March 2025

(residential areas)

Change compared

to 2015

1km radius around Ebina Station

+39.9％

Entire Ebina City

area

+7.5％

Change compared to

2015

1km radius around Ebina Station

+54.3%

Entire Ebina City

area

+18.8%

③④⑦Condominium

⑥Service facilities PERCH

⑧ROMANCECAR MUSEUM

Note: this does not include development plans for the district between stations in Ebina

1 to 7 : Major Hotels

2007

Ropeway renewal

2009

Hakone-Yumoto Station renewal

2013

Hot spring facilities for day trippers "Hakone Yuryo" opened

2014

Hakone Tozan Railway Introduction of new train

2015

Hotel（Moto-Hakone）❶"Hotel de Yama" renovated

2019

The new Pirate Ship QUEEN ASHINOKO has entered service

Hotel（Gora）❷"HAKONE YUTOWA" opened

Capital Investment to Increase the Added Value（results and plan）

Hotel（Gotemba）❸"HOTEL CLAD" opened

2020

Rebuilding and renovation of Sounzan Station

2022

Hotel（Oku-Yumoto）➍"Hatsuhana" renovated

2023

The hub for accessing nature, HAKONATURE BASE, opened

2024

Launch of operation of ROPESTER, Japan's first open-air gondola

2025

Chikyu-no Tani, a new observation deck area, opened at Owakudani

Renovation of Motohakone Port and Victory, the Pirate Ship

Hotel（Gotemba）❺"edit x seven FUJI GOTEMBA" to be opened

Hotel（Togendai）➏"RETONA HAKONE" to be opened

FY2027

Hotel（Sengokuhara）Ⓖ"Hakone Highland Hotel" to be renovated

Hakone-Yumoto Station

Trekking tour (HAKONATURE)

21,260

Number of Tourists to Hakone Town

18,960

17,360

19,510

20,310

12,570

13,500

（thousand people）

Measures to Increasing Revenue

Unit: million yen

FY2023

FY2024

Hakone area tourism revenue

24,387

28,138

Inbound tourism only

5,362

6,423

Selling EMot digital tickets for inbound tourists through linkage with Klook, an overseas reservation website

Strengthening promotions to encourage those who purchase the Digital Hakone Freepass from EMot to purchase limited express tickets concurrently

Chikyu-no Tani

(Earth valley, Owakudani）

2018 2019 2020 2021 2022 2023 2024（year） • Revising fares of Hakone transportation network, Hakone

Source: "Number of tourists visiting Hakone"

on the Hakone Town municipal website.

Freepass, etc.

To Shinjuku

Odakyu Enoshima Line

Shonan Gate

Fujisawa

Kugenuma Kaigan

Katase-Enoshima

Enoshima Electric Railway

Kamakura

Tsurugaoka Hachimangu Shrine

Enoshima

Enoden Bus

Capital investment aimed at improving added value (results and plans)

2020 Renewal of Katase-Enoshima Station

2021 Launch of the SHONAN PEDAL bicycle-sharing service

2022 Renewal of Enoshima Escar, an outdoor escalator to the Enoshima Samuel Cocking Garden, a tourist garden located on the summit of Enoshima

2024 Opening of Kugenuma Seaside Park, HUG-RIDE PARK, where visitors can enjoy skateboarding and cafes

FY2026 New 700 series trains of Enoshima Electric Railway to go into service (plan)

FY2027 Renewal of Fujisawa Station (plan)

Katase-Enoshima Station

Number of Tourists to Kamakura and Fujisawa City

（thousand people）

Enoshima Escar (Escalator)

New 700 series trains of Enoshima Electric Railway (image)

28,960

31,892

18,938

19,922

38,263 38,322

36,343

2018 2019 2020 2021 2022 2023 2024 （year）

HUG-RIDE PARK（Kugenuma Kaigan）

Fujisawa Station Renovation (image)

Source: "Number of tourists by Kanagawa Prefecture local authorities" on the Kanagawa Prefecture municipal website.

MaaS that Odakyu works on

Utilizing digital technologies, we have developed and operate EMot and MaaS Japan as new ticket services.

By enabling transportation tickets, which were managed with our own server (on premises), to be controlled on the cloud, we efficiently expand sales channels through integration with cloud-based software (SaaS) and via online travel agencies (OTA).

We aim to achieve a trade volume of 10.0 billion yen by FY2030 by expanding collaborative businesses with our industry peers, local governments, and

other entities.

Overall service

Future vison

MaaS platform

Digital ticket

Payment and Reservation

of transportation services

Auth ation

entic

MaaS app developed by other public

Transportation companies, local governments, and other entities

At present, we are focusing on enhancing system functions and expanding sales of electronic tickets. In the future, we will use AI to improve efficiency and respond to changes in business model.

Phase

Main effects gained

I. Enhancing functions of EMot and MaaS Japan

Increasing user convenience through the multilingualization and enhancement of means of settlement

Improving the efficiency of capital investment and maintenance and management costs

II. Expanding sales of tickets through OTA integration

Expanding sales channels to domestic and

inbound tourists

Streamlining on-site operations by using EMot for ticket issuance and authentication

Provided to transportation

operators

Seibu Railway, Co., Ltd., Tobu Railway, Co., Ltd.,

26 Enshu Railway Co., Ltd., Chichibu Railway Company, etc.

Streamlining systems using AI

Increasing use via open API by AI agents

III. Use of AI

Odakyu Group Carbon Neutrality 2050

※ You can see further information from URL below. https://www.odakyu.jp/sustainability/data/

(only available in Japanese)

The Odakyu Group has formulated the action guidelines Odakyu Group Carbon Neutrality 2050, with the aim of achieving net-zero CO2 emissions in 2050. These action demonstrate our engagement in environmental issues through our business activities, such as the reduction of our CO2 emissions, recycling of resources, and conservation and utilization of natural resources.At the Odakyu Group, we will take on the challenge of solving environmental issues to realize a sustainable society and further enhance our environmental advantage.

UPDATE１：Realize a Decarbonized Society

【Odakyu Group Carbon Neutrality 2050 Roadmap】

Reduction strategies

Transformation strategies

Creation strategies

50% reduction

* vs. FY2013

Net

０

38 （Unit：10,000 tons-CO2）*Rounded to the nearest 10,000 tons.

Scope1: Corporation's direct greenhouse gas emissions

Scope2:

Indirect emissions

associated with

(energy conservation)

Enhancing the environmental performance of real estate

Acquiring environmental performance certificates by new and existing properties

(Electrification and hydrogenation)

Bus electrification

Approximately 500 EV buses are scheduled to be introduced by FY2030

* Including Kanagawa Chuo Kotsu

(renewable energy)

Complete shift to renewable energy for Group railways, trams, and cableways

Shift to 100% renewable electricity for railways, trams, and cableways, which account for approximately 40% of CO2

emissions

2013 2022 2023 2024 2030 2050

（Target）（Target）

（FY）

the use of electricity supplied by other companies

The Odakyu Group has announced its endorsement of the recommendations of the Task Force on Climate-related Disclosures (TCFD), which were established by the Financial Stability Board (FSB). We will disclose

*Already achieved the FY2030 target in conjunction with the complete shift to renewable energy for the Group's railways, cableways and ropeways starting in FY2024.

information based on TCFD recommendations.

UPDATE２：Realize a Resource Recycling Society UPDATE３：Conserve and Utilize Nature

Indicators

Targets

FY2023 results

Amount of waste emissions (revenue intensity)

Decrease from Previous year

5.28t / hundred million yen

Amount of intake water (revenue intensity)

0.69 thousand ㎥/ hundred million yen

Strengthen information disclosure to biodiversity (TNFD)

Utilization of food waste for feed and biogas power generation, and use of energy for power generation by the Company

WOOMS connect helps the Group visualize waste and promote a resource recycling system

※ You can see further information from URL below. https://www.odakyu.jp/sustainability/data/

(only available in Japanese)

Investing human capital strategically to reflect priority tasks, aiming to achieve business growth through improved employee engagement and labor productivity

Visualizing and improving measures to enhance employee engagement and labor productivity through regular monitoring

Priority tasks Direction of actions

Labor productivity and human resource investment, in which the Company aims to be No. 1 in the private railway industry (the Company's actual performance)

Driving structural reform and securing human resources in anticipation of decline in working population

Improving comfort of work

and job satisfaction

Building a sustainable management system in the railway business

Increasing annual income by approx. 18% in total for the three years from FY2023

Examples: In the spring labor offensive of 2025, the Company fully accepted the union's request for the first time

ever.

This resulted in an increase in annual income that in some cases exceeded ¥1.5 million (compared to the

Improvement of employee engagement

Virtuous circle as the source of business growth

Improvement of labor productivity

FY2022 level/ model annual income).

For managers, annual income of ¥10 million was made available for those aged 31 years at the youngest.

Taking measures by using the engagement survey

Enhancing employee benefits and welfare measures, including the establishment of a new bachelors' dormitory for Group employees

Improving the workplace environment, such as enhancing support for meals and the renovation of workplace facilities for those engaged in frontline operations

Driving utilization of diverse human resources and respecting human rights

Encouraging male employees to take paternity leave and promoting the active participation of women on an ongoing basis

Driving health and productivity management and enhancing training

opportunities

Rendering of the bachelors' dormitory

Intensive human investment

in growth areas

The well-planned development of next-generation management personnel

Developing qualified personnel at each one of the real estate, hotel, stores, tourism, and digital domains and advancing measures including exchange of human resources with specialized companies by setting KPIs

Recruiting specialized and industry-ready human resources from outside the Company

Examples: Multiple cases in which an officer-level employee, entrepreneur, or similar person was recruited

from a financial institution or a real estate company

Developing a career path model that facilitates the acquisition of business administration capability or specialized business skills

Assigning and training employees, such as promoting young employees proactively based on the model

※ You can see further information from URL below. https://www.odakyu.jp/sustainability/data/

(only available in Japanese)

Trends in Number of Employees ■ Number of Employees (the Company)

（people）

13,560

13,283

13,834

13,938

14,019

the Company

13,960

13,272

Consolidated

3,847

12,629

3,792

3,726

3,760 3,758

3,712

3,637

11,661

11,517

3,593

3,682 3,682

4,200

4,000

3,800

3,600

（people）

15,000

14,000

13,000

12,000

11,000

（age）

748

650

418

366

420

413

440

196

55～

50～54

45～49

40～44

35～39

3,400

3,200

3,000

10,000

9,000

8,000

7,000

30～34

25～29

20～24

～19

0 100 200 300 400 500 600 700 800

（people）

The Group's Achievements and Goals Related

to the Promotion of Women's Advancement

External Evaluation

FY2024

(results)

FY2030

(Target)

FY2050

(Target)

Ratio of female employees (full-time)

14.8％

20.0％

35.0％

Ratio of women in management roles

8.6％

15.0％

30.0％

Ratio of male employees taking paternity leave

76.5％

100.0％

2023 Japan HR Challenge Awards First Prize

2024 Human Capital Management Quality Awards 2023 Silver*

2025 Career Ownership Magement Award 2025

Grand Prize, Corporate Culture Transformation Category

*Human capital survey

Promotion of ease of living along the Odakyu Line for families raising children

※ You can see further information from URL below. https://www.odakyu.jp/sustainability/data/

(only available in Japanese)

The child-rearing support policy, "Children's smiles will change the future, The Odakyu Partner Declaration" was formulated in 2021 to address the social issue of the declining birthrate and promote the use of railways and initiatives aimed at creating areas along the Odakyu Line that are easy to raise children in. Engagement in child-rearing support measures, such as reduction of fares for children with IC cards, to achieve the aims of this message.

Key Initiatives for Supporting Families Raising Children

Transportation

Leisure

Flat fare of ¥50 for children with IC cards

Permanent use of

child-rearing support cars

Expanded facilities at stations

・Restrooms for children

・Baby care rooms

・Stroller sharing service

ROMANCECAR MUSEUM

Annual events for children to

participate

・Parent-child Seminar

・Parent-child experience event

・Odakyu Family Fun Festa

Informatiion

Learning and Lifestyle

Fun-Fan Odakyu

（Odakyu's Childcare Support Navi ）

Odakyu Kids

Odakyu Child Rearing

Support LINE (SNS)

Attracting childcare facilities to Odakyu lines

Aoi School

(alternative school for school refusal children)

Disclaimer

Odakyu Electric Railway Co. Ltd. published this content on June 27, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 27, 2025 at 06:02 UTC.