Keihan Holdings Co., Ltd. operates transportation and various other businesses in Japan. It has five segments: Transportation, which runs railroad and bus operations; Real Estate Business, which sells and leases real estate and wholesales building materials; Distribution Industry, which manages department stores, retail stores, and shopping malls; Leisure Service Industry, which operates hotels and sightseeing boats; and Other Business, which covers sustainability business. The company was formerly known as Keihan Electric Railway Co., Ltd. Founded in 1906, it is headquartered in Osaka, Japan.