Seibu Holdings Inc. made a solid return to the first section of the Tokyo Stock Exchange Wednesday, nearly a decade after its predecessor, Seibu Railway Co., was delisted from the bourse for falsifying financial statements in 2004.

The holding company of Seibu Railway and the Prince Hotel chain ended at ¥1,770, up ¥170, or 10.6 percent from its initial public offering price of ¥1,600. This gave it a market capitalization of over ¥605 billion based on the closing price.

A total of about 27.8 million shares, or about 8 percent of Seibu Holdings' outstanding stock, owned by companies including Citigroup Inc., were offered with the relisting.