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Hankyu to launch tender offer for Hanshin shares

OSAKA, Japan - Hankyu Holdings Inc. President Kazuo Sumi (L) and Hanshin Electric Railway Co. President Kyoji Nishikawa (R) shake hands in Osaka on May 29. Hankyu Holdings said the same day it will launch a public tender offer May 30 for shares of Hanshin Electric, though it has yet to agree on the purchase price with Hanshin's largest shareholder, the Murakami Fund.

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Murakami Fund seeking majority control of Hanshin board

OSAKA, Japan - An investment fund having the largest equity stake in Hanshin Electric Railway Co. said on May 2 it has called for the railway operator to accept nine board members, or a majority of its board, recommended by the fund. Photos show (from left to right) Yoshiaki Murakami, who head the investment fund, and Kyoji Nishikawa, president of Hanshin Electric Railway Co.

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Hankyu, Hanshin basically agree to integrate management

OSAKA, Japan - Kyoji Nishikawa (L), president of Hanshin Electric Railway Co., speaks about a basic agreement with Hankyu Holdings Inc. on the integration of the two companies' management at a news conference at Hanshin's head office in Osaka on April 28.

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Financier Murakami could withdraw request to list Tigers

OSAKA, Japan - Financier Yoshiaki Murakami speaks to reporters after his talks with Kyoji Nishikawa, president of Hanshin Electric Railway Co., which owns the Hanshin Tigers professional baseball team, in Osaka on Oct. 11. Murakami said he could withdraw his request to list the shares of the popular baseball team on a stock exchange for public trading.

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Financier Murakami could withdraw request to list Tigers

OSAKA, Japan - Kyoji Nishikawa, president of Hanshin Electric Railway Co., which owns the popular Hanshin Tigers baseball team, speaks to reporters after his talks with financier Yoshiaki Murakami in Osaka on Oct. 11. Nishikawa said, ''Hanshin Electric Railway should keep the team as a wholly owned subsidiary to improve the brand value.''

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Financier Murakami isn't sticking to plan to list Tigers

OSAKA, Japan - Financier Yoshiaki Murakami speaks to reporters at the head office of Hanshin Electric Railway Co. in Osaka on Oct. 11 after talks with Hanshin President Kyoji Nishikawa. The talks between Murakami and Nishikawa were the first since the revelation in late September that the Murakami Fund had acquired a major stake in the railway company.

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Financier Murakami could withdraw request to list Tigers

OSAKA, Japan - Kyoji Nishikawa, president of Hanshin Electric Railway Co., which owns the popular Hanshin Tigers baseball team, speaks to reporters after his talks with financier Yoshiaki Murakami in Osaka on Oct. 11. Nishikawa said, ''Hanshin Electric Railway should keep the team as a wholly owned subsidiary to improve the brand value.'' (Kyodo)

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Financier Murakami could withdraw request to list Tigers

OSAKA, Japan - Financier Yoshiaki Murakami speaks to reporters after his talks with Kyoji Nishikawa, president of Hanshin Electric Railway Co., which owns the Hanshin Tigers professional baseball team, in Osaka on Oct. 11. Murakami said he could withdraw his request to list the shares of the popular baseball team on a stock exchange for public trading. (Kyodo)

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Financier Murakami isn't sticking to plan to list Tigers

OSAKA, Japan - Financier Yoshiaki Murakami speaks to reporters at the head office of Hanshin Electric Railway Co. in Osaka on Oct. 11 after talks with Hanshin President Kyoji Nishikawa. The talks between Murakami and Nishikawa were the first since the revelation in late September that the Murakami Fund had acquired a major stake in the railway company. (Kyodo)

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Hankyu, Hanshin basically agree to integrate management

OSAKA, Japan - Kyoji Nishikawa (L), president of Hanshin Electric Railway Co., speaks about a basic agreement with Hankyu Holdings Inc. on the integration of the two companies' management at a news conference at Hanshin's head office in Osaka on April 28. (Kyodo)

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Murakami Fund seeking majority control of Hanshin board

OSAKA, Japan - An investment fund having the largest equity stake in Hanshin Electric Railway Co. said on May 2 it has called for the railway operator to accept nine board members, or a majority of its board, recommended by the fund. Photos show (from left to right) Yoshiaki Murakami, who head the investment fund, and Kyoji Nishikawa, president of Hanshin Electric Railway Co. (Kyodo)

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Hankyu to launch tender offer for Hanshin shares

OSAKA, Japan - Hankyu Holdings Inc. President Kazuo Sumi (L) and Hanshin Electric Railway Co. President Kyoji Nishikawa (R) shake hands in Osaka on May 29. Hankyu Holdings said the same day it will launch a public tender offer May 30 for shares of Hanshin Electric, though it has yet to agree on the purchase price with Hanshin's largest shareholder, the Murakami Fund. (Kyodo)