H.I.S.

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H.I.S. Co., Ltd. (株式会社エイチ・アイ・エス? TYO: 9603) is a travel agency based in Tokyo, Japan, specializing in low-cost package tours to various countries. The company was founded as International Tours Co., Ltd. in 1980 by Hideo Sawada, born in 1951, and renamed "H.I.S." in 1990.

Within Japan H.I.S. has 227 branches located throughout the country plus a global network of 68 branchs in 57 countres. H.I.S. holds a majority stake in Orion Tour and a minority stake in Skymark Airlines. It also owns a hotel in Australia called Hotel Watermark and a cruise company called Cruise Planet.

Hideo Sawada recently bought an interest in a Mongolian agricultural bank called XAAN and believes Japanese tourism to Mongolia will increase.

The H.I.S. head office is locaated in the Shinjuku section of Tokyo.

source: "In Mongolia, a Tilt Toward a Free Market" October 21, 2003 New York Times, By JAMES BROOKE and JARGAL BYAMBASUREN

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