Tag - rail

 
 

RAIL

A monitor shows Tokyo Metro's opening price on Wednesday morning in Tokyo.
BUSINESS / Companies
Oct 23, 2024
Tokyo Metro shares surge in trading debut after strong IPO
Proceeds from the IPO will redeem reconstruction bonds issued after the 2011 earthquake, tsunami and nuclear disaster in northeastern Japan that killed 18,000 people.
JR Central is believed to have been involved in a bid-rigging case as a coordinator.
JAPAN / Crime & Legal
Oct 22, 2024
JFTC inspects JR Central and others for suspected bid-rigging
They are suspected of conspiring to decide in advance which company would win contracts for land bridge inspection work on 10 of JR Central's lines.
Ticket vending machines at a Tokyo Metro subway station. Tokyo Metro's network connects with nine of the 10 busiest stations in the capital.
BUSINESS / Companies
Oct 22, 2024
Tokyo Metro might be too much railroad for some investors
With over 80% of its operating profit coming from carrying passengers on trains, critics are concerned about its nonrailway business.
Japan's first 'Zombie Shinkansen' terrified and delighted passengers on the way from Tokyo to Shin-Osaka.
LIFE / Lifestyle
Oct 22, 2024
‘Zombie Shinkansen’ delivers high-speed thrills and chills
Some laughed, some gasped, but aboard the first train ferrying the undead from Tokyo to Kansai, a good time was had by all.
The move of extending to employees with same-sex partners spousal welfare benefits follows the enforcement of a law on boosting understanding for sexual minorities in June 2023.
JAPAN
Oct 21, 2024
Central Japan Railway to recognize employees' same-sex partners
Finer details of the system, such as whether official certificates will need to be submitted, are planned to be hammered out at a later date.
The Tokaido Shinkansen platforms at Nagoya Station are packed with passengers on Aug. 9, when the operator ran a record 483 trains in a single day.
BUSINESS / Companies / Regional Voices: Chubu
Oct 21, 2024
Timetable planners form backbone of Tokaido Shinkansen's 60-year journey
Timetables based on precise demand predictions and the efforts of staffers on the ground have been integral to the evolution of bullet trains.
The Japan International Cooperation Agency is responsible for most of Japan's overseas aid known as official development assistance.
JAPAN / Crime & Legal
Oct 16, 2024
JICA staffer suspected of leaking info on Philippines railway project
The employee is thought to have intended to secure a contractor in advance to prevent delays to the ¥38.1 billion project.
Tokyo Metro priced its shares at ¥1,200 apiece. It is expected to list on the Tokyo Stock Exchange on Oct. 23.
BUSINESS / Companies
Oct 15, 2024
Tokyo Metro raises $2.3 bln in Japan's biggest IPO in 6 years
The subway operator priced its shares at the top of its provisional range of ¥1,100 to ¥1,200, a regulatory filing from the company showed on Tuesday.
Tokyo Metro is seeking to raise at least ¥319.6 billion at a time when the nation’s equity market is showing signs of recovery.
BUSINESS / Companies
Oct 8, 2024
Tokyo Metro unveils range for biggest Japan IPO since 2018
The price range of ¥1,100 to ¥1,200 values the subway operator at between ¥639.1 billion and ¥697.2 billion.
A Class 4 railway crossing without alarms and circuit breakers in Kani City, Gifu Prefecture, in June 2018.
JAPAN
Oct 5, 2024
Government looks to improve safety at Japan's dangerous railway crossings
The ministry will support the installation of manually operated gates and fences at crossings that do not have alarms or barriers.
Walking through Tokyo's varied neighborhoods and the sub-communities within them can be the best way for a tourist, even one with limited time, to take the city in.
LIFE / Travel
Oct 5, 2024
Sure, Tokyo’s trains are amazing. But are they ruining your trip?
Amid a visit to the infinite urban landscape that is Tokyo, what does it mean to maximize your time?
JR Tokai officials send off the Nozomi No. 1 bullet train bound for Hakata, Fukuoka Prefecture, at Tokyo Station on Tuesday as the Tokaido Shinkansen marked the 60th anniversary of its services the same day.
JAPAN
Oct 1, 2024
Tokaido Shinkansen marks 60th anniversary
A commemorative ceremony was held by Central Japan Railway at Tokyo Station to send off the first train of the day.
A train on JR East's Chuo Line in Tokyo
BUSINESS
Sep 21, 2024
JR East failed to disclose data tampering for seven years
The misconduct occurred in a rail yard of JR East in Tokyo's Shinagawa Ward and was detected in March 2017.
Tokyo Metro will aim to raise $2.25 billion — making it the largest IPO in Japan for six years.
BUSINESS / Companies
Sep 20, 2024
Tokyo Metro and Rigaku set stage for $3 billion Japan IPOs as listings gather pace
Tokyo Metro's indicative price of ¥1,100 per share would raise ¥319.55 billion ($2.25 billion), giving the company a market value of ¥639.1 billion.
A shinkansen bullet train is stopped in Osaki, Miyagi Prefecture, Thursday morning following a decoupling incident.
JAPAN
Sep 19, 2024
Tohoku Shinkansen services briefly halted after train car decoupling
The incident marks the first time that a coupler has come undone while the train is traveling, according to JR East.
Data was falsified for wheelsets on Tokyo Metro train cars.
JAPAN
Sep 19, 2024
Tokyo Metro maintenance subsidiary falsified wheelset data
Data was altered for 233 axles of 161 subway cars, out of a total of 11,000 axles of some 2,700 cars owned by Tokyo Metro.
Tokyo Metro is expected to announce on Friday details of its initial public offering, with sources saying the firm is considering introducing shareholder benefits.
BUSINESS / Companies
Sep 18, 2024
Tokyo Metro considers a shareholder benefits program
The subway operator is expected to announce details of its IPO on Friday, which may value the company around ¥700 billion ($5 billion).
A Japan Freight Railway train passes through a train station in Osaka in 2017. JR Freight on Thursday resumed operations for all of its freight trains after a temporary halt following the discovery of data tampering and other irregularities.
BUSINESS / Companies
Sep 12, 2024
JR Freight resumes train operations after discovery of data tampering
The freight operator had suspended operations on Wednesday to inspect container cars suspected to have been affected.
Japan Freight Raiway's Kudara freight terminal in the city of Osaka
BUSINESS
Sep 11, 2024
JR Freight suspends operations over data tampering
Data on the pressure applied when fitting wheels onto trains’ axles was falsified for inspection records.
East Japan Railway plans to run driverless shinkansen by the mid-2030s.
BUSINESS / Tech
Sep 11, 2024
JR East unveils plans for driverless shinkansen by mid-2030s
The company said it first aims to realize driverless operations for the Joetsu Shinkansen line between Niigata and Tokyo stations.

Longform

Passengers that were on a morning train attacked by members of the Aum Shinrikyo group wait for medical assistance outside Kasumigaseki Station on March 20,1995.
The day a religious cult brought terror to Tokyo