West Japan Railway

Rank#2212

Market Cap8.79B

CountryJapan

Summary

West Japan Railway Company provides passenger railway transport services in Japan. The company operates through Transportation Operations, Retail Business, Real Estate Business, and Other Businesses segments. It operates a route length of 4,903.1 kilometers, comprising Shinkansen route of 812.6 kilometers and conventional lines of 4,090.5 kilometers; and 1,174 stations, as well as bus and ferry services. The company also engages in the selling of goods and food services; wholesaling; and other retail businesses. It is also involved in the operation of department stores, convenience stores, restaurants, souvenir shops, shopping centers, and others; selling and leasing of real estate; hotel; credit cards and electronic money; and travel, rolling stock and equipment, electrical contracting, electrical equipment, construction, information services, advertising, and other businesses. The company was founded in 1987 and is headquartered in Osaka, Japan.

History

JR-West was incorporated as a business corporation on April 1, 1987 as part of the breakup of the state-owned Japanese National Railways . Initially, it was a wholly owned subsidiary of the JNR Settlement Corporation , 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 Sany? Shinkansen, from the separate Shinkansen Holding Corporation. JR-West purchased the line in October 1991 at a cost of 974.1 billion JPY 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 , which merged into the Japan Railway Construction, Transport and Technology Agency 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.

Mission

A safe and comfortable society filled with meetings among people and smiles

Vision

A safe and comfortable society filled with meetings among people and smiles

References

https://en.wikipedia.org/wiki/West_Japan_Railway_Company

https://in.investing.com/equities/west-japan-railway-co.

https://finance.yahoo.com/quote/9021.T/profile?p=9021.T

https://www.comparably.com/companies/west-japan-railway

https://www.crunchbase.com/organization/west-japan-railway

https://companiesmarketcap.com/

https://www.westjr.co.jp