It manages them by acquiring and holding their shares until they return to financial stability and viability.

They are:[2] Some expressway bus routes operated by affiliated companies of Michinori Holdings are named "Michinori Express" (MEX),[3] designed by Yasuyuki Kawanishi, who also designed West Express Ginga.

Service area has many tourist spots, including Ōuchi-juku, Tō-no-Hetsuri, Aizuwakamatsu Castle, Lake Inawashiro, Mount Bandai, and Oze National Park.

[4] Routemap Kanto Transportation, Inc. (関東自動車株式会社, Kantō Jidōsha Kabushiki-gaisha) is a wholly owned subsidiary of Michinori Holdings.

In 2004, the company requested and received management support from Industrial Revitalization Corporation of Japan due to financial difficulties.

(やしお観光バス株式会社, Yashio Kankō Basu Kabushiki-gaisha) 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.

Toya Kotsu Co., Ltd. (東野交通株式会社, Tōya Kōtsū Kabushiki-gaisha) was a subsidiary of Tobu Railway until 2016, when it was transferred to Michinori Holdings.

Toya Kotsu belonged to Tobu Railway from 1964 until 2016, at which time its shares were transferred to Michinori Holdings.

[23] Nasu Ropeway and Yashio Kankō Bus were affiliated companies of Toya Kotsu until the merger in 2018.

[32] Ibaraki Kotsu was established on 1 August 1944 due to integration during World War II.

In 2008, the Ibaraki Kotsu Minato Line was transferred to Hitachinaka Seaside Railway.

In October 1992, Ibako Kenhoku Bus was established, but later merged into Ibaraki Kotsu in February 2010.

[34] By the late 2000s, Ibaraki Kotsu had too debt, so the company applied under the Civil Rehabilitation Act.

On 27 March 2009, Industrial Growth Platform began supporting the company, and established IBAKO Co., Ltd. which inherited the assets of Ibaraki Kotsu.

[38] Industrial Growth Platform, Inc. (株式会社経営共創基盤, Kabushiki-gaisha Keiei-Kyoso Kiban) is a holding company located in Chiyoda, Tokyo.

Its main operation is that it manages and has shares of Michinori Holdings, Inc (株式会社みちのりホールディングス, Kabushiki-gaisha Michinori Hōrudingusu), which is a wholly owned subsidiary providing services such as railway lines and bus routes in Japan.