Odakyu Group Companies to Reorganize Effective April 1, Integrating Hakone Tozan Railway and Others

Hakone Tozan Railway

Odakyu Group companies will implement an organizational reorganization, effective April 1.

Odakyu Hakone Holdings, Hakone Tozan Railway, Hakone Sightseeing Ships, and Hakone Sightseeing Facilities will be integrated to form the new company Odakyu Hakone. The company will operate in several sectors including railway, cable, ropeway, shipping, real estate, and hot springs 🛀 amusement park businesses.

Hakone Mountain Climbing Total Service and Hakone Present will merge to become Hakone Plezant Service. The food and beverage and retail businesses of Hakone Tozan Railway and Hakone Sightseeing Ships will be transferred through a company split.

As a result of the reorganization, under the umbrella of Odakyu Hakone which will become a wholly-owned subsidiary of Odakyu Electric Railway, there will be Hakone Tozan Bus and Hakone Plezant Service.

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The translation may not be accurate.