The Seibu Railway Co. group is considering raising 160 billion yen in capital for a holding company that could be created in February to own Seibu Railway and a hotel and resort company, sources said Friday.

Purchasers of the new equity shares likely would be investment funds, including foreign ones, they added.

The capital injection would be aimed at giving the holding firm a more solid financial standing so its stock can be listed on a stock exchange.