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Well, at least JR East and West are profitable: https://asia.nikkei.com/Editor-s-Picks/Japan-Update/JR-East-West-on-track-for-record-profit https://asia.nikkei.

by yokaze 7y ago

Well, at least JR East and West are profitable: https://asia.nikkei.com/Editor-s-Picks/Japan-Update/JR-East-West-on-track-for-record-profit https://asia.nikkei.com/Editor-s-Picks/Japan-Update/JR-East-... It seems it is bolstered by profit by non-passenger _transport_ related revenue, but I think, is an example that train companies can have monetize their positive impact on society

xxpor 7y ago
The JRs are real estate companies that happen to run trains on the side.
- kalleboo 7y ago
  While they do have a large real estate business, transportation is still their largest source of both revenue and income
bobthepanda 7y ago
East, Central, West, and Kyushu seem to be doing well, while Honshu and Shikoku are struggling: https://asia.nikkei.com/Business/Companies/Japan-s-23-year-train-fare-freeze-ends-in-Hokkaido https://asia.nikkei.com/Business/Companies/Japan-s-23-year-t.... There is also a separate JR Freight which seems not to be doing well either. The true story is also a little more complicated: in general the profitable ones are profitable now with operations, but the predecessor company JNR was privatized and split because it was struggling under the load of heavy Shinkansen construction debt, which got split into a sort of "bad corporation".