10 Facts About Seibu Railway

1.

Seibu Railway's operations are concentrated in northwest Tokyo and Saitama Prefecture; the name "Seibu" is an abbreviation of "west Musashi", referring to the historic name for this area.

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2.

The Seibu Railway was acquired in 1921 by the Kawagoe Railway, which had operated a train service between Kokubunji and Kawagoe since 1894; the merged company kept the "Seibu" name and expanded its main line to Takadanobaba, forming what is known as the Seibu Shinjuku Line.

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3.

Current Seibu Railway is a product of a 1945 merger between the former Seibu Railway and the Musashino Railway, which was founded in 1912 to operate what is known as the Seibu Ikebukuro Line.

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4.

Former Seibu Railway network based around Shinjuku and the former Musashino network based around Ikebukuro remain operationally separated today.

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5.

In 1986, Seibu Railway moved its headquarters from the Ikebukuro area to Tokorozawa, Saitama, where the two main Seibu lines intersect.

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6.

Tsutsumi became the controlling shareholder in Seibu Railway following the merger through his holding company Kokudo Corporation.

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7.

Seibu Railway had its initial public offering on the Tokyo Stock Exchange in 1949 but remained under the control of Tsutsumi through Kokudo.

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8.

Tsutsumi registered Seibu Railway shares owned by Kokudo in the names of various affiliated individuals, often without their permission, so that the true ownership of the company was not readily apparent.

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9.

Seibu Railway was arrested on securities fraud charges in March 2005.

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10.

Seibu Railway is well known for its bright yellow colored trains.

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