To finalize the restructuring, on April 1, 2005 the company was reorganized into three companies: i) New Hankyu Corporation (the corporate name was changed from Hankyu Dentetsu Bunkatsu Junbi KK (Hankyu Corporation Division Preparation Company)), which partially succeeded four businesses--railway, real estate, leisure and commodity distribution--from the former Hankyu Corporation, ii) Hankyu Hotel Management, which controls the hotel business, and iii) Hankyu Travel International Co., Ltd., for tour business, amalgamating two direct subsidiaries; moreover, the former Hankyu Railway was transferred to the company Hankyu Holdings (currently Hankyu Hanshin Holdings, Inc.).
その集大成として、2005年4月1日に、旧・阪急電鉄から鉄道、不動産、レジャー、流通の4事業を分割承継する新・阪急電鉄（阪急電鉄分割準備（株）から商号変更）と、ホテル経営を統括する阪急ホテルマネジメント、旅行業の阪急交通社の直営事業会社2社の合わせて3社に再編し、旧・阪急電鉄は持株会社阪急ホールディングス（現・阪急阪神ホールディングス）に移行した。