is a holding company headquartered in Chiyoda, Tokyo, and a wholly owned subsidiary of Industrial Growth Platform, Inc. Michinori Holdings rehabilitates deficit companies which have so much liability that they cannot act as an administrator of assets. It manages them by acquiring and holding their shares until they return to financial stability and viability.
As of 2022, Michinori Holdings currently holds and operates subsidiaries in the transportation sector, including bus, railway, and monorail companies. They are:
Fukushima Transportation, since 2008 Shonan Monorail, since 2015 Sado Kisen (ferry company), since 2022 Aizu Bus, since 2011 Kanto Transportation, since 2012 Northern Iwate Transportation, since 2010 Ibaraki Kotsu (bus company), since 2009 Higashinihon Kotsu (bus company), since 2018 Some expressway bus routes operated by affiliated companies of Michinori Holdings are named "Michinori Express" (MEX),Expressway bus was designed as "MEX" commnenced operating designed by Yasuyuki Kawanishi, who also designed West Express Ginga.
Aizu Bus
The is a wholly owned subsidiary of Michinori Holdings. Tobu Group had shares of this company until 2011.About transferring shares to Michinori Holdings
Its subsidiaries include Aizu Travel Service and Aizu Bus/Auto Service. It also owns Aizu Taxi. Outline Aizu Bus Company was established in 1943.About Aizu Bus It operates bus routes around Aizuwakamatsu in Fukushima Prefecture, many of which are based at Aizu-Tajima Station, Aizukōgen-Ozeguchi Station, and Aizu-Wakamatsu Station. Service area has many tourist spots, including Ōuchi-juku, Tō-no-Hetsuri, Aizuwakamatsu Castle, Lake Inawashiro, Mount Bandai, and Oze National Park.
Its headquarters are located at 195 Byakkocho, Aizuwakamatsu. Until 2011, the company also had a headquarters with Tobu Railway in Oshiage, Sumida, Tokyo.
History 21 March 1943 – Company was established. Later that year, due to unification during World War II, additional routes were transferred to it, including those of Kihan Motor. December 1953 – Transferred bus routes between Aizu-Tajima Station and Kinugawaonsen Station from Tobu Railway 10 July – "Aizu-Wakamatsu – Koriyama – Iwaki Line" was operated as "limited express" with Fukushima Transportation and Joban Kotsu Motor 9 October 1987 – Discontinued bus routes between Aizu-Tajima and Kinugawaonsen due to opening of Yagan Railway. 20 January 1996 – "Aizu-Wakamatsu – Koriyama – Iwaki Line" was operated as "Expressway bus" and ran via Joban Expressway 24 May 1996 – Commenced operating Low Emission Bus between Aizu-Tajima Station and Oze National Park 2 October 1997 – Commenced operating "Aizu-Wakamatsu – Niigata Line" as "Expressway bus" with Niigata Kotsu 1 October 2009 – Aizu Taxi merged into Aizu Bus 2 December 2010 – Received support from "Regional Economy Vitalization Corporation of Japan"About supportingAvoid bankrupt due to support 2 August 2013 – "Regional Economy Vitalization Corporation of Japan" transferred its shares of Aizu Bus Company to Michinori Holdings.About sharesAizu Bus has belongs to Michinori HoldingsAnnouncement of transferring shares On 30 August, the transfer was completed, and since then, the bus company has belonged to Michinori Holdings.
Bus routes Routemap +Aizu Bus – Highway BusesNameStopsNoteYumekaido Aizu LineAizu-Wakamatsu Station・Koriyama Station・Ikebukuro Station・Shinjuku Highway Bus TerminalAizu-Wakamatsu – Sendai LineAizu-Wakamatsu Station・Koriyama Station・Fukushima Station・Sendai Station (Miyagi)Aizu-Wakamatsu – Niigata LineAizu-Wakamatsu Station・Kitakata Station・Niitsu Station・Niigata Stationoperates with Niigata KotsuAizu-Wakamatsu – Fukushima – Sendai Airport LineAizu-Wakamatsu Station・Koriyama Station・Fukushima Station・Sendai AirportKitakata – Koriyama LineKitakata Office・Shiokawa Green Plaza・Koriyama Women's University・Koriyama StationAizu-Wakamatsu – Nozawa LineAizu-Wakamatsu Station・Kitakata Station・Nozawa StationAizu-Wakamatsu – Ouchijuku – To no Hetsuri LineAizu-Wakamatsu Station・Ouchijuku・To no Hetsuri・Aizu-Shimogo Station・Shin-Shirakawa Station・Shirakawa Stationoperates with Fukushima TransportationAizu-Wakamatsu – Narita Airport LineAizu-Wakamatsu Station・Koriyama Station (Fukushima)・Narita Airportoperates with Chiba KotsuUrabandai – Tokyo LineUrabandai Kogen・Lake Goshiki・Tokyo Station・Haneda Airport Further reading Story of Aizu Bus Story of Aizu Bus
Kanto Transportation
is a wholly owned subsidiary of Michinori Holdings.
Outline The bus company was established as Kanto Motor LLC in 1923. After acquiring other companies, it changed to Kanto Transportation, Inc. on 8 May 1927. In 2004, the company requested and received management support from Industrial Revitalization Corporation of Japan due to financial difficulties. This company belonged to Jay Coach (an affiliated company of Jay Will Partners) until 2012,About transferring shares when it was transferred to Michinori Holdings.
Kanto Transportation acquired Toya Kotsu on 1 October 2018. Additionally, this company capitalizes Utsunomiya Light Rail at 11%.
Its headquarters are located at 4-25-5 Yanase, Utsunomiya, Tochigi Prefecture.
Bus routes +Kanto Transportation – Expressway BusesNameStopsNoteMaronnier(Narita Line via Sano) Yanagida Shako・Utsunomiya Station・Sano Shintoshi Bus Terminal・Sakai-Koga BT・Narita Airport (Narita Line via Mooka) Nikko Station・Kanuma IC・Utsunomiya Station・Mooka・Narita Airport (Haneda Line) Yanagida Shako・Utsunomiya Station・Sano Shintoshi Bus Terminal・Haneda AirportMappleOta Station (Gunma)・Sakai-Koga BT・Narita Airport SalviaKiryu Station・Ashikagashi Station・Sano Shintoshi Bus Terminal・Sakai-Koga BT・Narita Airport Horse chestnut treeYanagida Shako・Utsunomiya Station・Kyoto Station・Tennoji Station Kita-Kanto Liner(Mito Line) Utsunomiya Station・Akatsuka Station (Ibaraki)・Mito Station (Ibaraki) +Kanto Transportation – Community BusesNameStopsNoteKIBUNAAbout KIBUNAUtsunomiya StationKamigochi BusAbout Kamigochi BusAshikaga Municipal BusIrinagusa・Ashikagashi Station・Ashikaga StationTochigi Municipal BusAbout Tochigi Micipal BusTochigi Station・Shin-Tochigi Station・Tōbu Kanasaki Station・Oyama Nishi HighschoolTransfer onto O-BUS bound for Oyama Station via Omoigawa StationRI-BUSAbout RI-BUSMomiyama Station・Shin-Kanuma Station・Kanuma StationNikko Municipal BusKami-Imaichi Station・Shimo-Imaichi Station・Imaichi Station・Shimotsuke-Ōsawa StationO-BUSOyama Station
Affiliated companies Nasu Ropeway Kanto Transportation also operates a ropeway on Mount Nasu. The ropeway is 812 m long, has an elevation gain of 294 m, and takes 3 minutes and 40 seconds (one-way). It has a capacity of 111 people. The ropeway has two stations: Sanroku Station (where passengers can transfer to buses for Nasu-Shiobara Station) and Sancho Station (on Mount Chausu).
Yashio Kankō Bus
was established in June 1984 as part of Toya Kotsu, a subsidiary of Tobu Railway until 1 December 2016, when it was transferred to Michinori Holdings. In October 2018, Toya Kotsu was merged into Kanto Transportation.
Bus routes NameStopsLocationNoteNasukarasuyama Municipal Bus (Bato-Karasuyama Line)Karasuyama Station・Karasuyama High School・Owaku・Ogawa-Nakamachi・Nakagawa City HallTransfer onto Kanto Transportation bound for Ujiie Station or Nishi-Nasuno Station・Sanson Kaihatsu CenterNasukarasuyama, Tochigioperates with Nakagawa CityNasushiobara Municipal BusNasushiobara Station・Kuroiso Station・Nasu No-Shikei Geka HospitalNasushiobara, TochigiNakagawa Community BusKarasuyama Station・Karasuyama High School・Owaku・Ogawa-Nakamachi・Nakagawa City Hall・Sanson Kaihatsu CenterNakagawa, Tochigi
Discontinued companies Toya Kotsu
was a subsidiary of Tobu Railway until 2016, when it was transferred to Michinori Holdings. In 2018, it was merged into Kanto Transportation.
This bus company was established as Toya Railway in 1916. It began operating bus routes in 1928 and acquired other bus companies by 1934. The railway stations between Yutsuue Station and Nasu-Ogawa Station were discontinued in 1939. There was a planned extension from Nasu-Oagawa Station to Hitachi-Daigo Station. However, Toya Railway completely discontinued its railway line in 1968, and was renamed to Toya Kotsu in June 1969.
Toya Kotsu belonged to Tobu Railway from 1964 until 2016, at which time its shares were transferred to Michinori Holdings.About transferring shares In 2018, it was merged into Kanto Transportation.About merging into Kanto Transportation Nasu Ropeway and Yashio Kankō Bus were affiliated companies of Toya Kotsu until the merger in 2018.
Northern Iwate Transportation
is a bus company and wholly owned subsidiary of Michinori Holdings since 2010.
The company was established on 13 April 1943 as Iwate Kenpoku Motor, following the consolidation of bus companies in Iwate during World War II. It was renamed on 26 April 2009 as Northern Iwate Transportation. On 1 April 2010, it became an affiliated company of Michinori Holdings.About transferring shares
In 2016, Michinori Holdings began transferring Nambu Bus to this company.南部バス再生手続き、2～3月にも事業譲渡 Web東奥 2016年12月2日南部バス、再生法申請 岩手県北自動車に事業譲渡へ 日本経済新聞 2016年11月28日（2016年12月7日閲覧）青森の南部バスが再生法申請、負債26億円－旅行会社も譲渡へ トラベルビジョン 2016年11月30日（2016年12月7日閲覧）岩手県北自動車による南部バスの事業の承継について 岩手県北自動車 2016年12月28日事業譲渡契約締結に関するお知らせ 南部バス 2016年12月28日 By 2017, the business of Nambu Bus was inherited by Northern Iwate Transportation.南部バス、事業譲渡を延期 28日見込み 3月から新体制 デーリー東北 2017年2月10日
The company headquarters are located at 1-17-18 Kuriyagawa, Morioka, Iwate.
This company is invested in the Iwate Galaxy Railway Line. The Iwate Galaxy Railway Company is based at Kuriyagawa Station.
Bus routes Beam.1
StopsBeam.1LocationNoteYokohama↓MiyakoYokohama↑MiyakoYokohama Station〇●Kanagawa PrefectureTrack 17Shinagawa Station○●TokyoMorioka-minami●○Iwate PrefectureMorioka Station●○ Miyako Station●○MiyakoTrack 6Yamada Branch●○Michi no Eki YAMADA●○
Urban Sendai Port・Sendai Station (Miyagi)・Morioka Station
Asunaro
StopsAsunaroLocationNoteMorioka↓AomoriMorioka↑AomoriMorioka Station○●Iwate PrefectureTrack 23Hanawa◎／◆◎／◇Akita PrefectureKosaka Highschool◎◎ Ikarigaseki◎◎HirakawaAomori PrefectureBotandaira◎◎Hagurodaira Namioka◎◎AomoriAomori-Ono●○Yanagimachi Dori●○Shinmachi 2 chome●○Aomori Station●○Track 9Aomori Ferry Terminal●○
YODEL
StopsYodelLocationNoteMorioka↓HirosakiMorioka↑HirosakiMorioka Station○●Iwate PrefectureTrack 23Tohoku-Owani●○Aomori PrefectureHirosaki Station●○Track 1Hirosaki BT●○Track 2
Umineko
StopsUminekoLocationNoteSendai↓HachinoheSendai↑HachinoheSendai Station○●Miyagi PrefectureTrack 74, 75Hachinohe Inter●○Aomori PrefectureBaba●○Hachinohe Down Town BT●○Hon-Hachinohe Station●○Hachinohe LAPIA BT●○Track 4
Hachimori Morioka Bus Center・Morioka Station ⇔ Jōbōji, Iwate・Karumai, Iwate・Hachinohe Inter・Hon-Hachinohe Station・Hachinohe LAPIA BT・Hachinohe Ferry Terminal
Michinoku
StopsOdateMoriokaLocationIwate Medical University□■Morioka, IwateIwate PrefectureMorinomichi minami□■Morioka Station○●Sakigata○●Morioka Inter｜｜Ashiro Junction｜｜Hachimantai, IwateAshiro Interchange◎◎Tayama Parking Area◎◎Kaduno Hachimantai Interchange｜｜Kazuno, AkitaAkita PrefectureKaduno Antora mae◎◎Kazuno-Hanawa Station◎◎Kemanai◎◎Otaki Onsen●○Odate, AkitaHinaicho iriguchi●○Odate●○Itoku Odate Shopping Mall● – Shuhoku Bus Headquarters｜○Odate Station●○Itoku Odate Shopping Mall – ○
+Michinori Express (MEX)NameStopsNoteMEX Aomori LineAomori Ferry Terminal・Aomori Station・Hirosaki Station・Saitama-Shintoshin Station・Shinjuku Highway Bus Terminal・Tokyo Disney SeaMEX Hachinohe LineHachiohe LAPIA BT・Hon-Hachinohe Station・Morioka Station・Yahaba Station・Shinjuku Highway Bus Terminal・Kawasaki StationMEX Misawa LineMisawa Station・Hachiohe LAPIA BT・Hachinohe Station・Morioka Station・Shinjuku Highway Bus Terminal・Tokyo Disney Sea
Nambu Bus
This bus company was merged into Northern Iwate Transportation on 1 March 2017, and the company was discontinued in 2018.