Struggling retail giant Daiei Inc. said Wednesday its wholly owned unit has abandoned its rights to a closed monorail line in Kanagawa Prefecture that has not operated for 35 years.

The line was launched in 1966 to run between East Japan Railway’s Ofuna Station in the Yokohama suburb of Kamakura and Yokohama Dreamland amusement park, but was shut down in 1967 due to structural problems.

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