Central Japan Railway Co - Company Profile
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Business Description
Central Japan Railway Co (JR Central) is a diversified company. It carries out transportation, real estate, and merchandise operations. The company is also involved in travel agencies, hotel and advertising businesses. Its portfolio of services includes inspection, maintenance, and repair of its facilities. The company’s area of operations is Tokaido Shinkansen, the main transportation hub that links Tokyo, Nagoya, and Osaka, and a network of 12 conventional lines with 1,418.2 kilometers of total conventional line centered on the areas of Nagoya and Shizuoka City.
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R&D Overview
JR Central conducts various research and development activities to enhance its technological capabilities providing safe and comfortable transportation services. This development encompasses both hardware and software enhancement. The company carries out the development through the Komaki Research Facility by leveraging advanced technologies like ICT to enhance safety, innovate railway systems, and contribute to the Chuo Shinkansen operations. It also aims to expand into broader technological fields to create new values. The major innovations made by the company include the development of technology for ground equipment measurement utilizing N700S commercial vehicles and the management of overhead wire voltages of Tokaido Shinkansen trains. In FY2023, the company reported research and development expenses of JPY30,325 million, which stood at 2.2% of the company’s revenue.
Business Segments
Overview
Manages departmental stores operations at the JR Central Towers, and retail sales on the train and at stations. - Operates through its subsidiaries: JR Tokai Takashimaya, JR-Central Passengers Co., Ltd, Tokai Kiosk Company, and JR Tokai Corporation.
Performance
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Overview
Includes construction business, hotel, transportation, rolling stock production, advertising and other.
Performance
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Overview
Carries out real estate leasing business such as station building leasing, and real estate sales in lots. - Also develops commercial facilities in stations and areas under elevated track columns and leases real estate such as station buildings. - Operates through its subsidiaries including JR Central Building Co Ltd, JR Tokai Real Estate Co. Ltd, Shin-Yokohama Station Development Co Ltd, Nagoya Station Area Development Corporation, JR Development and Management Corporation of Kansai, and Tokyo Station Development Co, Ltd.
Performance
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Overview
- Manages the company’s railway operations such as the Tokaido Shinkansen and conventional railway operations in the Tokai area, and bus operations and others. - Operates through its subsidiaries: JR Tokai Bus Company.
Performance
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