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Kyushu Railway Company

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Kyushu Railway Company
Native name
九州旅客鉄道株式会社
Company typePublic KK
TYO: 9142
IndustryRail transport
PredecessorJapanese National Railways (JNR)
FoundedApril 1, 1987 (privatization of JNR)
Headquarters
3-25-21 Hakata Ekimae
Hakata-ku, Fukuoka, Fukuoka Prefecture
,
Japan
ProductsSUGOCA (a rechargeable contactless smart card)
Servicespassenger railways
freight services
bus transportation
Real estate development
other related services
OwnerGoldman Sachs[1]
Japan Railway Construction, Transport and Technology Agency[1]
Number of employees
9,060 (as of April 1, 2016)
Websitejrkyushu.co.jp/english/index.html
  Kyushu Railway Company
Kyushu Shinkansen 800 series Tsubame
Operation
National railwayJapan Railways Group
Infrastructure companyJapan Railway Construction, Transport and Technology Agency
Statistics
Ridership331 million[2]
Passenger km9.191 billion per year[2]
System length
Total2,273.0 km (1,412.4 mi) [2]
Double track772.8 km (480.2 mi) (34%) [2]
Electrified1,341.1 km (833.3 mi) (59%) [2]
High-speed288.9 km (179.5 mi) (12.7%) [2]
Track gauge
Main1,067 mm (3 ft 6 in)
High-speed1,435 mm (4 ft 8+1⁄2 in)
Electrification
Main1,500 V DC overhead catenary 1,341.1 km (833.3 mi)
25 kV AC 60 Hz overhead　288.9 km (179.5 mi)
Kyushu Shinkansen
Features
No. stations567[2]
Map
Time table

The Kyushu Railway Company (九州旅客鉄道株式会社, Kyūshū Ryokaku Tetsudō Kabushiki-gaisha), also referred to as JR Kyushu (JR九州, Jeiāru Kyūshū), is one of the constituent companies of Japan Railways Group (JR Group). It operates intercity rail services in 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.[3][4] JR Kyushu's headquarters are in Hakata-ku, Fukuoka.[5]

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 a large number of 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 Trandor 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.[6]

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

JR Kyushu executed its initial public offering in October 2016.[3] Non-railway operations account for roughly 60% of the company's sales and most of its profits.[6]

Lines

Shinkansen line

Main lines

885 series White Sonic limited express EMU

Other lines

Limited express and tourist train services

The Seven Stars in Kyushu Class DF200 locomotive DF200-7000, September 2013

See also

References

  1. ^ a b Corporate governance information. Japan Exchange Group Tokyo Stock Exchange website. Accessed 28 November 2017.
  2. ^ a b c d e f g "Fact Sheets 2017" (PDF). Archived from the original (PDF) on 2018-07-09. Retrieved 2018-07-09. {{cite web}}: Unknown parameter |dead-url= ignored (|url-status= suggested) (help)
  3. ^ a b Cooper, Chris; Matsuda, Kiyotaka (October 16, 2016). "JR Kyushu Prices IPO at Top End of Range to Raise $4 Billion". bloomberg.com. Bloomberg L.P. Retrieved March 13, 2017.
  4. ^ "Company Overview of JR Kyushu Drug Eleven Co.,Ltd". bloomberg.com. Bloomberg. March 13, 2017. Retrieved March 13, 2017.
  5. ^ "Corporate Summary Archived 2009-12-09 at the Wayback Machine." Kyushu Railway Company. Retrieved on March 27, 2010.
  6. ^ a b Kurimoto, Suguru (26 March 2015). "Japan rail company diversifies its way around disadvantages". Nikkei Asian Review. Retrieved 27 March 2015.
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