Retail and transportation are the driving engines powering Tokyu Corporation's revenues. Tokyu's retail operations, including Tokyu Department Store, generate most of its sales, and its railway company carries some 2.5 million passengers daily on about 100 km of track, mainly across south-central Japan. Other transportation assets include bus and trucking companies. Tokyu is also involved in real estate, hotels, recreation, and supermarkets. The company is the core member of Tokyu Group, an affiliation of about 360 companies operating in retail, urban renewal, tourism, and transportation.
Tokyu Corporation saw its net income plunge by more than 50% in 2008 because of the downturn in global financial markets. Demand for the company's rail cars and other exports fell while operational costs in its transportation and real estate segments rose. To stem its losses, the firm closed its Tokyu Department Store in Kitami. It has also taken on multimillion dollar development projects in Vietnam and Australia, as well as in Japan.