Hankyu Hanshin Toho Group

The Hankyu Hanshin Toho Group (阪急阪神東宝グループ) (before 2006 known as the Hankyu Toho Group (阪急東宝グループ)) is a Japanese keiretsu (association of businesses) 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; it also has close ties with the Fujisankei Communications Group.

Group companies
(note: list incomplete)

Hankyu Hanshin Holdings Group

 * Hankyu Hanshin Holdings, Inc. (January 15, 1906 - May 31, 1907: Mino-o Arima Railway Company, June 1, 1907 - February 3, 1918: Mino-o Arima Tramway Company, February 4, 1918 - September 30, 1943: Hanshin Kyuko Railway Company, October 1, 1943 - March 30, 1973: Keihanshin Kyuko Railway Company, April 1, 1973 - September 30, 2005: Hankyu Corporation, October 1, 2005 - September 30, 2006: Hankyu Holdings, Inc.)
 * Hankyu Corporation (December 7, 1989 - March 28, 2004: Act Systems, March 29, 2004 - September 30, 2005: A prepared company to separate Hankyu Corporation)
 * Takarazuka Revue
 * Hankyu Hotel Management Co., Ltd.
 * Hankyu Hanshin Hotels Co., Ltd.
 * Hanshin Electric Railway Co., Ltd. (June 12, 1899 - July 6, 1899: Settsu Electric Railway Co., Ltd.)
 * Toho Company, Ltd.
 * Tokyo Rakutenchi Comopany, Limited
 * Hankyu Airlines Co., Ltd.
 * Takarazuka Stage Co., Ltd.
 * Takarazuka Eizo Co., Ltd. (Takarazuka Eiga)
 * Hankyu Bus Co., Ltd.
 * Hankyu Denen Bus Co., Ltd.
 * Hankyu Sightseeing Bus Co., Ltd.
 * Hankyu Facilities Co., Ltd.
 * Hankyu Realty Co., Ltd.
 * Hankyu Taxi, Inc.
 * Hankyu Hanshin Express Co., Ltd.
 * Hanshin Bus Co., Ltd.
 * Hanshin Tigers Co., Ltd.
 * Hanshin Contents Link, Corp.
 * Billboard JAPAN (with Prometheus Global Media)
 * Hanshin Engineering Co., Ltd.
 * Hanshin Kensetsu Co., Ltd.
 * Hanshin Station Net Co., Ltd.
 * Hanshin Taxi Co., Ltd.
 * Hanshin Laisure Facilities Co., Ltd.
 * Hanshin Real Estate Co., Ltd.
 * Osaka Hanshin Taxi Co., Ltd.
 * Hankyu Hanshin Card Co., Ltd.
 * Umeda Arts Theater Co., Ltd.
 * Umeda Center Building
 * FM KITA
 * OS Co., Ltd.
 * Osaka Shintetsu Toyonaka Taxi, Inc.
 * Hokushin Kyuko Railway Co., Ltd.
 * Kansai Telecasting Corporation
 * Kita-Osaka Kyuko Railway Co., Ltd.
 * Kobe Electric Railway Co., Ltd.
 * Kobe Rapid Transit Railway Co., Ltd.
 * Mori-Gumi Co., Ltd.
 * Nose Electric Railway Co., Ltd.
 * Osaka Airport Transport Co., Ltd.

H2O Retailing Group

 * H2O Retailing Corporation (- September 30, 2007: Hankyu Department Stores, Inc.)
 * Hankyu Hanshin Department Stores, Inc. (October 1, 2007 - September 30, 2008: Hankyu Department Stores, Inc., now owns Hankyu Department Store and Hanshin Department Store)
 * Hanshoku Co., Ltd.
 * Persona Co., Ltd.

Toho Group

 * Toho Company, Ltd.
 * Tokyo Rakutenchi Comopany, Limited
 * Nippon Eiga Shinsha Co.
 * TOHO-TOWA Co., Ltd.
 * International Television Films, Inc.
 * Toho Cinemas, Ltd.
 * OS Co., Ltd.
 * TOHO Dance Hall, Ltd.