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Central Japan Railway Company

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Distribution, and Real Estate segments. It operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka; and department stores within JR Central Towers, as well as bus operations. The company is also involved in sale of goods on board trains and within stations; renting real estate properties, such as station buildings; sale of real estate in condominiums; and manufacturing and maintain of railway rolling stock and machinery. In addition, it engages in hotel, travel, and advertising business. The company was incorporated in 1987 and is headquartered in Nagoya, Japan.

Price · split & dividend adjusted
News & notes moving 9022.JP
Aerospace & Aviation

First N700ST Shinkansen Cars for Taiwan Roll Out, Commercial Service Set for Summer 2027

A consortium including Hitachi and Toshiba held a rollout ceremony on the 30th for the first N700ST train sets destined for the Taiwan High Speed Rail at Hitachi's Kasado Works in Kudamatsu, Yamaguchi Prefecture. The consortium received an order for 12 train sets totaling 144 cars from Taiwan High Speed Rail Corporation in 2023, and the shipment this time consists of one 12-car set. The cars are designed based on the latest model for Central Japan Railway Company, featuring downsized equipment and reduced power consumption. They are scheduled to enter commercial service gradually from the summer of 2027.
時事通信·28dRead more ▾
9022.JP2

JR Central President Tells Transport Minister Linear Opening Timeline to Be Announced This Year

JR Central President Shunsuke Niwa met with Transport Minister Yasushi Kaneko on the 24th and conveyed the company's intention to present an outlook for the opening timeline of the Linear Chuo Shinkansen between Shinagawa and Nagoya within this year. The company had not previously disclosed an opening date, but following the signing of a natural environment conservation agreement with Shizuoka Prefecture, a prerequisite for starting construction on the Shizuoka section, it will now begin full-scale consideration. President Niwa noted that the construction period for the Shizuoka section will be examined based on environmental conservation measures and progress on the Yamanashi and Nagano sections, and stated that assessing the construction timeline will require a reasonable amount of time.
時事通信·34dRead more ▾
9022.JP

Shizuoka Prefecture and JR Central Sign Nature Conservation Agreement, Paving Way for Linear Chuo Shinkansen Construction in Shizuoka Section

Shizuoka Prefecture and JR Central signed a nature conservation agreement on the 18th, based on a prefectural ordinance, clearing the way for construction to begin on the Shizuoka section of the Linear Chuo Shinkansen. The signing ceremony took place that afternoon at the Shizuoka Prefectural Government Office, attended by Governor Yasutomo Suzuki and President Shunsuke Niwa.
時事通信·40dRead more ▾
9022.JP2

Shinkansen Gets Private Rooms for First Time in 23 Years, Top-Class 'Supreme Class' Debuts in October

Central Japan Railway Company and West Japan Railway Company will begin offering top-class private rooms called 'Supreme Class' on the Tokaido and Sanyo Shinkansen lines starting in October. This marks the first introduction of private rooms on the Tokaido Shinkansen since the retirement of the 100 Series trains 23 years ago, aiming to provide a premium service that surpasses Green Car. Two-person private rooms will be installed in Car 7, featuring reclining seats and a sofa, with a space equivalent to three Green Car seats. A one-way fare between Tokyo and Shin-Osaka will be 60,790 yen per adult, which is 41,400 yen more than Green Car. Fully private single rooms will be set up in Car 10, equipped with an electronic lock door and offering drinks and snacks from along the railway line. The former 100 Series private rooms lacked adjustable lighting and air conditioning, but as travel demand diversifies in the wake of the pandemic, semi-private rooms are also planned for the next fiscal year. Senior researcher Kazuhiro Fukushima of the private think tank Sompo Institute Plus analyzes that this is an experiment to explore new roles for the Shinkansen as high-speed customers shift to the maglev Chuo Shinkansen after its opening. East Japan Railway Company is also moving to propose travel where the journey itself is the purpose, with plans to operate the limited express train 'Luna Azure' including nighttime runs from the next fiscal year.
時事通信·47dRead more ▾
9022.JP

Linear Chuo Shinkansen: Shizuoka Section Construction Approved, but Total Project Cost Swells to 11 Trillion Yen

Shizuoka Governor Yasutomo Suzuki has approved the start of construction on the Shizuoka section of the Linear Chuo Shinkansen, which is being developed by Central Japan Railway Company. The Shizuoka section is the biggest challenge on the Tokyo Shinagawa to Nagoya route, and even if construction begins within the year, the opening is expected to be pushed back to 2036 or later. Due to soaring prices and the difficulty of the construction, the total project cost was revised from the initial 5.5 trillion yen to 11 trillion yen as of last October. Central Japan Railway Company President Shunsuke Niwa stated, 'We will proceed with preparations so that we can start work as soon as possible,' but the business environment is becoming increasingly severe due to labor shortages and rising interest rates, leaving concerns about further cost overruns and construction delays.
時事通信·51dRead more ▾