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Transportation Company - Japan Railways West - Railroad

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Transportation Company - Japan Railways West - Railroad
Company Name Japan Railways West
Company Web Site Link
Category Railroad
Year Founded 1987
Country Japan (Details)
Transportation Company - Japan Railways West - Railroad



Company History: JR-West was incorporated as a business corporation (kabushiki kaisha) on April 1, 1987 as part of the breakup of government-owned Japanese National Railways (JNR). Initially, it was a wholly owned subsidiary of the JNR Settlement Corporation (JNRSC), a special company created to hold the assets of the former JNR while they were shuffled among the new JR companies.

For the first four years of its existence, JR-West leased its highest-revenue line, the Sanyō Shinkansen, from the separate Shinkansen Holding Corporation. JR-West purchased the line in October 1991 at a cost of 974.1 billion JPY (about US$7.2 billion) in long-term payable debt.

JNRSC sold 68.3% of JR-West in an initial public offering on the Tokyo Stock Exchange in October 1996. After JNRSC was dissolved in October 1998, its shares of JR-West were transferred to the government-owned Japan Railway Construction Public Corporation (JRCC), which merged into the Japan Railway Construction, Transport and Technology Agency (JRTT) as part of a bureaucratic reform package in October 2003. JRTT offered all of its shares in JR-West to the public in an international IPO in 2004, ending the era of government ownership of JR-West. JR-West is now listed on the Tokyo Stock Exchange, Nagoya Stock Exchange, Osaka Securities Exchange and the Fukuoka Stock Exchange.

From Wikipedia

Brief History:
Japan is an island nation in the Pacific Ocean with dense cities, imperial palaces, mountainous national parks and thousands of shrines and temples. Shinkansen bullet trains connect the main islands of Kyushu (with Okinawa's subtropical beaches), Honshu (home to Tokyo and Hiroshima’s atomic-bomb memorial) and Hokkaido (famous for skiing). Tokyo, the capital, is known for skyscrapers, shopping and pop culture.

Although legend has it that Japan was founded in 660BC, archaeologists agree that settlement in the Japanese archpelago dates back as far as 100,000 years. The Jomon Period (8000-c.300BC) is the earliest that has been studied. It is named after the 'jomon' or cord-marked pattern style of pottery of the period.


Item Links: We found: 2 different collections associated with Japan Railways West - Railroad
Item created by: gdm on 2017-10-10 09:57:08. Last edited by gdm on 2019-03-19 16:49:44

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