Tag - rail

 
 

RAIL

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.
A demonstration of payments and identity verification service utilizing finger vein recognition is conducted in Tokyo on Tuesday.
JAPAN
Sep 4, 2024
Tobu Railway to expand biometric identification service
The company plans to link the service to facial recognition to check train tickets as early as fiscal 2025.
Tokaido Shinkansen trains were canceled due to heavy rains in Tokyo on Thursday after Typhoon Shanshan, one of Japan's strongest typhoons in decades, dumped torrential rain across southern regions.
JAPAN
Sep 1, 2024
Tokaido Shinkansen line back in service on all sections
JR Tokai earlier said it would resume services on all sections from the first trains of Monday. But it moved up the plan as weather improved and safety was confirmed.
Elevated water levels on the Tama River in Kawasaki on Friday after Shanshan dumped torrential rain on wide areas of Japan.
JAPAN
Sep 1, 2024
Slow-moving storm Shanshan downgraded to tropical depression
The storm lingered south of Mie Prefecture on Sunday afternoon, unleashing widespread torrential rain across the country.
People walk in front of closed ticket gates for the Tokaido Shinkansen in Tokyo Station as train operations between Tokyo and Nagoya remain suspended due to Tropical Storm Shanshan on Saturday.
JAPAN
Aug 31, 2024
Tropical Storm Shanshan soaks Japan as flood and landslide risks rise
Shanshan was moving slowly south-southwest of Wakayama Prefecture on Saturday afternoon, bringing widespread torrential rain to much of the country.
A submerged area of Yufu, Oita Prefecture, on Thursday after Typhoon Shanshan dumped torrential rain throughout the Kyushu region.
JAPAN
Aug 30, 2024
Alerts issued for Tokyo area cities as Shanshan crawls across Japan
Multiple rivers in and around Tokyo threatened to spill their banks as the storm brought torrential rain.
Vehicles are stranded on flooded road on Thursday following heavy rains from Typhoon Shanshan in the city of Tamana, Kumamoto Prefecture.
JAPAN
Aug 29, 2024
Heavy rain batters Japan after Typhoon Shanshan makes landfall in Kyushu
Later Thursday, Shanshan was downgraded to a severe tropical storm, but it was still bringing heavy rain and strong winds to the region and beyond.
A satellite image shows Typhoon Shanshan south of Kyushu on Wednesday afternoon
JAPAN
Aug 28, 2024
Typhoon Shanshan batters Kyushu ahead of likely landfall
Shanshan could make landfall later Thursday while still a very strong storm, and its slow movement means it will deliver dangerous impacts over a prolonged period.

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Once smoky, male-dominated spaces, today's net cafes, like Kaikatsu Club, are working to make their operations more attractive to women customers.
The second life of Japan's net cafes