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Nagoya Railroad Co., Ltd.

Nagoya Railroad Co., Ltd. operates a railroad business in Japan together with its subsidiaries. Its operations are organized into six segments: Traffic (railroads, buses, and taxis), Transport (trucking and maritime transportation), Real Estate (development, leasing, and building maintenance), Leisure and Services (hotels, restaurants, and tourist and travel facilities), Distribution (department stores and merchandise distribution), and Aviation Services (general aviation and flight catering). The company also engages in equipment maintenance, information processing, and insurance agency businesses. It operates a 444.2-kilometer railway network in Aichi and Gifu prefectures, primarily connecting Nagoya. Founded in 1894, the company is headquartered in Nagoya, Japan.

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9048.JP

Yodobashi Camera to Open Nagoya Station Store on the 16th in Former Meitetsu Department Store

Major electronics retailer Yodobashi Camera on the 15th showed reporters the Yodobashi Camera Multimedia Meitetsu Nagoya store, which it is opening in the Meitetsu Building directly connected to Meitetsu Nagoya Station, the former site of the Meitetsu Department Store. The building has been renovated while preserving the atrium from its department store days, and the store will open on the 16th. The sales floors span from the first basement level to the fourth floor above ground, with a sales area of about 11,900 square meters. The store will carry a rich lineup of products for business use, including smartphones and personal computers. President Kazunori Fujisawa, speaking at a press conference, said that in anticipation of redevelopment in the surrounding area and the opening of the Linear Chuo Shinkansen, "I am delighted that our long-held wish has come true and we can open a store in Nagoya, and I have high expectations."
Jiji Press·3dRead more →
9048.JP

Meitetsu to discontinue Shinkani–Mitake section of Hiromi Line in April 2029

Nagoya Railroad announced on the 3rd that it will discontinue the 7.4-kilometer section of the Hiromi Line between Shinkani and Mitake on April 1, 2029. Citing declining ridership and aging facilities, the company has signed an operation agreement with the cities of Kani and the towns of Mitake and Yaotsu along the line to continue service until the end of fiscal 2028, and will submit a discontinuation notice to the Minister of Land, Infrastructure, Transport and Tourism on the 4th. The local governments have been providing 100 million yen in annual operational support since fiscal 2010, and since last August the three municipalities have been discussing continuation under a deemed vertical separation model in which they would bear infrastructure and maintenance costs. However, with an estimated annual financial burden exceeding 300 million yen, they concluded that continuation would be difficult. The three municipalities are now urgently exploring alternative transportation options.
時事通信·46dRead more →