West Japan Railway Company Explained

West Japan Railway Company
Native Name:西日本旅客鉄道株式会社
Native Name Lang:ja
Romanized Name:Nishi-nihon Ryokaku Tetsudō Kabushiki-gaisha
lit. "West Japan Passenger Railway Stock Company"
Type:Public KK
Predecessor:Japanese National Railways (JNR)
Location City:4-24 Shibata 2-chome, Kita-ku, Osaka, 530-8341
Location Country:Japan
Key People:Takayuki Sasaki (Executive Chairman of the Board)[1]
Seiji Manabe (Representative Director and President)
Industry:Rail transport
Products:ICOCA (a rechargeable contactless smart card)
Revenue: (FY 2013)[2]
Operating Income: (FY 2013)
Net Income: (FY 2013)
Assets: (FY 2013)
Equity: (FY 2013)
Owners:Investment trusts (TMTBJ 5.52%, JTSB 4.74%)
SMBC (3.33%)
MUFG Bank (3.27%)
Nippon Life (2.08%)
As of 31 March 2018
Num Employees:[3]
Homepage:westjr.co.jp
Foundation:Osaka, Japan (privatization of JNR)
West Japan Railway Company
Nationalrailway:Japan Railways Group
Infrastructure:Japan Railway Construction, Transport and Technology Agency
Ridership:1.778 billion per year
Passkm:52.614 billion per year
Length:5012.7km (3,114.7miles)
Doublelength:2253.2km (1,400.1miles) (44.9%)
Ellength:3385.7km (2,103.8miles) (67.5%)
Hslength:644km (400miles) (12.8%)
El:1,500 V DC overhead catenary 2447km (1,520miles)[4]
El1:20 kV AC 60 Hz overhead 
El1length:278km (173miles)
Hokuriku Main Line
(-)
El2length:644km (400miles)
Sanyo Shinkansen
Notunnels:1,016
Tunnellength:667km (414miles)
Longesttunnel:The Shin-Kanmon Tunnel
18713m (61,394feet)
Sanyo Shinkansen
(-)
Nobridges:28,568
Longestbridge:The Yoshii River Bridge
669m (2,195feet)
Sanyo Shinkansen
(-)
Nostations:1,222

, also referred to as, is one of the Japan Railways Group (JR Group) companies and operates in western Honshu. It has its headquarters in Kita-ku, Osaka.[5] It is listed in the Tokyo Stock Exchange, is a constituent of the TOPIX Large70 index, and is also one of only three Japan Railways Group constituents of the Nikkei 225 index: the others are JR East and JR Central. It was also listed in the Nagoya and Fukuoka stock exchanges until late 2020.

Lines

Shinkansen

Officially not a ShinkansenJR-West's highest-grossing line is the Sanyo Shinkansen high-speed rail line between Osaka and Fukuoka. The Sanyo Shinkansen alone accounts for about 40% of JR-West's passenger revenues. The company also operates Hakata Minami Line, a short commuter line with Shinkansen trains in Fukuoka.

Urban Network

The "Urban Network" is JR-West's name for its commuter rail lines in the Osaka-Kobe-Kyoto metropolitan area. These lines together comprise 610 km of track, have 245 stations and account for about 43% of JR-West's passenger revenues. Urban Network stations are equipped to handle ICOCA fare cards. Train control on these lines is highly automated, and during peak hours trains run as often as every two minutes.

JR-West's Urban Network competes with a number of private commuter rail operators around Osaka, the "Big 4" being Hankyu Railway/Hanshin Railway (Hankyu bought Hanshin in April 2005), Keihan Railway, Kintetsu, and Nankai Railway. JR-West's market share in the region is roughly equal to that of the Big 4 put together, largely due to its comprehensive network and high-speed commuter trains (Special Rapid Service trains on the Kobe and Kyoto lines operate at up to 130 km/h).

Those in italics are announcement names.

Officially Tōkaidō Main Line, Hokuriku Main Line

Officially Katamachi Line

Officially Tōkaidō Main Line, San'yō Main Line

Officially Tōkaidō Main Line

Officially San'in Main Line

Officially Sakurai Line

Officially Fukuchiyama Line

Officially Kansai Main Line

Officially Sakurajima Line

Intercity and regional lines

A number of other lines account for more than half of JR-West's track mileage. These lines mainly handle business and leisure travel between smaller cities and rural areas in western Japan. They account for about 20% of the company's passenger revenues.

Intercity lines

Includes JR Takarazuka Line.

Includes Biwako Line.

Officially Seto-Ōhashi Line

Includes Yamatoji Line.

Includes Kinokuni Line.

Includes Sagano Line.

Includes JR Kobe Line.

Includes Biwako Line, JR Kyoto Line, and JR Kobe Line.

Regional lines

Nicknamed Kuzuryū Line

Officially Kibi Line

Includes Setouchi Sazanami Line

Officially Uno Line

Other businesses

JR-West subsidiaries include the following.

History

JR-West was incorporated as a business corporation (kabushiki kaisha) on April 1, 1987, as part of the breakup of the state-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 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 Fukuoka Stock Exchange.

Accidents and incidents

Shigaraki train disaster
  • A collision between a JR West and a Shigaraki Kōgen Railway train in Shigaraki (now Koka), Shiga Prefecture on 14 May 1991, killed 42 people.
    Amagasaki derailment
  • A train derailment in Amagasaki, Hyōgo Prefecture on 25 April 2005, killed 107 people.

    Notes and References

    1. Web site: JR West 2013 Annual Business Report (Japanese) . West Japan Railway Company . 25 June 2013 .
    2. Web site: JR West 2013 Earnings Summary (Japanese) . West Japan Railway Company . 25 June 2013.
    3. Web site: Supplemental Data Fiscal Year ended March 31, 2011 . West Japan Railway Company . April 27, 2012 . May 3, 2012 .
    4. Web site: Company Profile 2007-2008 ebook . West Japan Railway Company . July 6, 2009 . 16 June 2009 . https://web.archive.org/web/20090616144506/http://www.westjr.co.jp/english/company/ . dead .
    5. Web site: 2011 Annual Report. West Japan Railway Company. dead. https://web.archive.org/web/20120417072626/https://www.westjr.co.jp/english/ir/library/annual-report/2011/pdf/jr_west_annual_report_2011.pdf. 17 April 2012. May 3, 2012.