Kyushu Railway Company Explained

Kyushu Railway Company
Native Name:九州旅客鉄道株式会社
Native Name Lang:ja
Romanized Name:Kyūshū Ryokaku Tetsudō Kabushiki gaisha
lit. "Kyushu Passenger Railway Share Company"
Type:Public KK
Traded As:
    Predecessor:Japanese National Railways (JNR)
    Foundation:
    (privatization of JNR)
    Location City:3-25-21 Hakata Ekimae
    Hakata-ku, Fukuoka, Fukuoka Prefecture
    Location Country:Japan
    Industry:Rail transport
    Products:SUGOCA (a rechargeable contactless smart card)
    Services:passenger railways
    freight services
    bus transportation
    Real estate development
    other related services
    Owner:JRTT (1987–2016)
    Public float (2016–present)
    Num Employees:9,060 (as of 1 April 2016)
    Homepage:jrkyushu.co.jp/english/index.html
    Kyushu Railway Company
    Nationalrailway:Japan Railways Group
    Infrastructure:Japan Railway Construction, Transport and Technology Agency
    Ridership:331 million[1]
    Passkm:9.191 billion per year
    Length:2273km (1,412miles)
    Doublelength:772.8km (480.2miles) (34%)
    Ellength:1341.1km (833.3miles) (59%)
    Hslength:288.9km (179.5miles) (12.7%)
    El:1,500 V DC overhead catenary 1341.1km (833.3miles)
    El1length:288.9km (179.5miles)
    Kyushu Shinkansen
    Nostations:567
    Map:Time table

    The, also referred to as, is one of the seven constituent companies of Japan Railways Group (JR Group). It operates intercity rail services within Kyushu, Japan and the JR Kyushu Jet Ferry Beetle hydrofoil service across the Tsushima Strait between Fukuoka and Busan, South Korea. It also operates hotels, restaurants, and drugstores across its service region.[2] [3] JR Kyushu's headquarters are in Hakata-ku, Fukuoka.[4]

    History

    When Japanese National Railways was divided in 1987, Kyushu Railway Company inherited its assets and operations on the island of Kyushu along with losses of around 28.8 billion yen, exacerbated by a growing highway network in Kyushu and many lightly used rural lines. After privatization, JR Kyushu diversified its business into new ventures such as fish and mushroom farming and car sales. Two of its more successful side ventures were the Beetle ferry, started in 1991, and the Train d'or bakery chain, started in 1992. JR Kyushu also built up its premium rail services through the development of the Kyushu Shinkansen high-speed rail line and the Seven Stars in Kyushu luxury excursion train.[5]

    The company introduced SUGOCA, a smart card ticketing system, from 1 March 2009.

    JR Kyushu executed its initial public offering in October 2016. Non-railway operations account for roughly 60% of the company's sales and most of its profits.

    Lines

    Shinkansen line

    Main lines

    Other lines

    Limited express and tourist train services

    See also

    External links

    Notes and References

    1. Web site: Fact Sheets 2017 . https://web.archive.org/web/20180709072724/http://www.jrkyushu.co.jp/company/ir_eng/library/fact_sheet/pdf/factsheets2017_E.pdf . 2018-07-09 . live . 2018-07-09.
    2. Web site: JR Kyushu Prices IPO at Top End of Range to Raise $4 Billion. Matsuda. Kiyotaka. October 16, 2016. bloomberg.com. Bloomberg L.P.. March 13, 2017. Cooper. Chris.
    3. Web site: Company Overview of JR Kyushu Drug Eleven Co., Ltd.. March 13, 2017. bloomberg.com. Bloomberg. March 13, 2017.
    4. "Corporate Summary ." Kyushu Railway Company. Retrieved on March 27, 2010.
    5. News: Kurimoto. Suguru. Japan rail company diversifies its way around disadvantages. 27 March 2015. Nikkei Asian Review. 26 March 2015.