Kin-ei

Basic Information

Stock Code
9636
Industry
Services
Category Detail
Real Estate & Housing
Prefecture
Osaka Prefecture
Establishment Year
May 1937
Listing Year
May 1949
Official Website
https://www.kin-ei.co.jp/
TSE Information
TSE Information
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Overview

Kin-ei is a major service industry company in the Kintetsu Group, founded in 1937 and centered in Osaka, engaged in movie theater operations and real estate rental management.

Current Situation

Kin-ei Corporation recorded sales of approximately 2.86 billion yen, operating profit of approximately 93.65 million yen, and net profit of approximately 55.03 million yen for the fiscal year ending January 2021, maintaining a stable financial position. Headquartered in Abeno-ku, Osaka City, it primarily operates movie theaters and real estate leasing management, particularly managing commercial facilities and multiplex cinemas such as "Abeno Apollo," and conducts business deeply rooted in the local community. As a member of the Kintetsu Group, it handles leasing of reserved floors for Abeno Lusias and others, with a stable revenue base supported by group collaboration as a key strength. Recently, it revised the unit share system to improve trading liquidity. Moving forward, it aims for sustainable growth by strengthening its community-based movie theater operations and optimizing its real estate portfolio. In light of intensifying competition and the impact of the COVID-19 pandemic, it is advancing flexible management strategies and differentiation through enhanced customer experiences.

Trivia

Interesting Facts

  • Founded in 1937, with a long history in movie theater operations
  • The only company in Japan with a unit share number of 2,000 shares (until 2013)
  • Opened Japan's first major railway movie theater inside Osaka Abenobashi Station
  • Handles commercial facility management as a member of the Kintetsu Group
  • Formerly partnered with Yoshimoto Kogyo to operate the Hanayashiki Theater
  • Predecessor of Abeno Apollo Cinema was Apollo Theater, opened in 1950
  • Manages and operates multiple landmark commercial buildings in Osaka
  • Shares listed on the Osaka Securities Exchange since 1949

Hidden Connections

  • Founder Sago Miyoshi was former president of Osaka Railway, linking railway and movie theater businesses
  • Involved management by Kobayashi Ichizo, with historical ties to Hankyu Hanshin Group
  • Operated movie theaters closely collaborate with commercial facilities within the Kintetsu Group
  • Plays an important role in managing Kintetsu Group's real estate assets

Future Outlook

Growth Drivers

  • Ongoing expansion of demand for community-based services
  • Efficiency improvements and enhanced customer experience through digital technology adoption
  • Recovery of movie theater demand following easing of COVID-19 impact
  • New business opportunities through strengthened Kintetsu Group collaboration
  • Stable rental demand in the real estate market

Strategic Goals

  • Strengthening movie theater operations as a core of regional culture
  • Advancing digitalization and environmental measures in commercial facilities
  • Achieving stable growth through revenue base diversification
  • Increasing attendance through creation of new customer experiences
  • Contributing to sustainable regional community development

Business Segments

Facility Leasing Management

Overview
Provides leasing and management services for commercial and entertainment facilities.
Competitiveness
Stable customer base through collaboration with Kintetsu Group
Customers
  • Retailers
  • Restaurants
  • Entertainment facility operators
  • Event planning companies
  • Real estate investors
Products
  • Commercial facility leasing contracts
  • Tenant management
  • Facility operation support
  • Real estate maintenance

Movie Theater Operation Support

Overview
Business segment supporting movie theater operational efficiency and visitor promotion.
Competitiveness
Long-cultivated know-how in community-based operations
Customers
  • Film distributors
  • Local movie theater operators
  • Advertising agencies
Products
  • Screening schedule management
  • Event planning and execution
  • Customer mobilization promotion

Real Estate Leasing Brokerage

Overview
Business segment providing brokerage and contract support for rental properties.
Competitiveness
Detailed market information rooted in the local area
Customers
  • Corporate customers
  • Individual investors
Products
  • Real estate brokerage
  • Contract negotiation support

Competitive Advantage

Strengths

  • Strong financial base of the Kintetsu Group
  • Expertise in community-based movie theater operations
  • Stable rental income from commercial facilities
  • Diverse real estate management experience
  • Solid management structure and long history

Competitive Advantages

  • Strong local brand specialized in the Osaka area
  • Expanded business opportunities through Kintetsu Group collaboration
  • Unique movie theater operation and planning capabilities
  • Revenue diversification through diverse commercial facility operations
  • Stable tenant base and leasing management expertise

Threats

  • Decline in attendance due to spread of digital streaming in the film industry
  • Impact of external environmental risks such as new infectious diseases
  • Intensifying competition from large multiplex cinemas by competitors
  • Revenue fluctuations due to real estate market economic trends
  • Changes in local consumers' entertainment preferences

Innovations

2023: Promotion of Digitalization in Multiplex Cinema Facilities

Overview
Upgraded screening systems to the latest digital technology, achieving improved customer convenience.
Impact
Improved visitor satisfaction and reduced operational costs

2022: Promotion of IT in Real Estate Management

Overview
Introduced AI and cloud into rental property management to enhance business efficiency.
Impact
Shortened contract processing time and visualization of management information

2021: Strengthening Community Collaboration Events

Overview
Promoting film festivals and events aimed at regional revitalization.
Impact
Expansion of customer base and enhanced brand value

Sustainability

  • Introduction of energy-saving equipment for video streaming
  • Promotion of waste sorting activities in commercial facilities
  • Promoting both regional cultural support and environmental conservation
  • Promoting employee health management and work-life balance
  • Strengthening collaboration with local communities