Does the Shinkansen make a profit?

Since launching in 1964, the bullet trains have proved to be remarkably safe, resilient and lucrative: Not only do many of the lines turn a healthy profit, but Shinkansen technology, including the software that supports the trains' famous punctuality, is a valuable Japanese export.



People Also Ask

In the fiscal year 2022, East Japan Railways (JR East) Company's Shinkansen high-speed railway trains generated approximately 422 billion Japanese yen of passenger revenue, increasing from around 258 billion yen in the preceding year.

MORE DETAILS

Is shinkansen losing money? NAGOYA, Japan -- Central Japan Railway, which operates the shinkansen bullet train connecting Tokyo and Osaka, on Tuesday reported a consolidated net loss of 201.5 billion yen ($1.86 billion) for the year ended March 31 due to the lack of passenger traffic during the coronavirus pandemic.

MORE DETAILS

Including service to San Francisco, San Jose and Los Angeles, the California High-Speed Rail Authority estimates that 50 million riders will use the system annually, generating about $3.4 billion of fare revenue.

MORE DETAILS

He said there are only a few examples of high-speed rail networks that turn a profit, due to a rare combination of passenger numbers and distance. For example, most of the companies that run Japan's Shinkansen or bullet train lines operate at a profit, as do some fast trains on France's state-owned SNCF network.

MORE DETAILS

According to the latest data, as of the first half of 2022, the total liabilities of China National Railway Group totaled 6 trillion yuan, and in the first half of 2022 alone, it has lost 80.4 billion yuan, with an average loss of 400 million yuan per day.

MORE DETAILS

Shinkansen trains have been operating in Japan for more than 50 years. They are entirely electric and emit just 1/8th of the carbon per passenger mile as a typical commercial jet.

MORE DETAILS

Future of the shinkansen Several new shinkansen routes are currently being built: Hokkaido Shinkansen: extension from Hakodate via Niseko and Otaru to Sapporo sometime after 2031. Hokuriku Shinkansen: extension from Kanazawa to Tsuruga in spring 2024 and via Obama and Kyoto to Osaka in the 2040s at the earliest.

MORE DETAILS

It was originally built and operated by the government-owned Japanese National Railways and has been part of the private Japan Railways Group since 1987. The first section of the original line, a 320-mile (515-km) stretch between Tokyo and Osaka, was opened in 1964.

MORE DETAILS

The ATC system prevents high-speed passenger train-on-train collisions and excessive speeds. The advanced ATC system exercises complete control over the entire dedicated track and every operating train, preventing train-on-train collisions and excessive speed.

MORE DETAILS

In 2016 it was revealed, that last year the Beijing–Shanghai High-Speed Railway Company (BSHSRC) has total assets of ¥181.54 billion ($28 billion), revenue ¥23.42 billion ($3.6 billion) and a net profit ¥6.58 billion (US$1 billion), thus being labeled as the most profitable railway line in the world.

MORE DETAILS

The shinkansen has diverse effects on the external economy including the spillover effect of construction expendi ture during construction (short-term), reduction in travel times, introduction of private investment and creation of employment due to influx of new industries and enterprises in areas along lines, and ...

MORE DETAILS

Instead, what makes the Shinkansen (and any Ltd. Express train) more expensive then regular trains is a hefty standard surcharge: the supplementary special-express ticket, which covers the premium experience of traveling on the nice fast trains. And yes, you have to pay it even if you have to stand.

MORE DETAILS

The Shinkansen operates 365 days a year, and 800 kg to 1 ton of garbage are collected every day. At the end of a day, staff will spray 30 fold diluted Activated EM-1 on the floor, belt conveyer and compressed pet bottles and cans. “We have been using EM for many year so we got used to it not being smelly here.

MORE DETAILS

For regular fares, it isn't. A regular fare one way ticket on ANA for example between Tokyo and Osaka is about 25,000 yen. A regular shinkansen ticket is about 13,620 yen (adult, unreserved seat). That makes the shinkansen close to half price - a long ways from what you think.

MORE DETAILS

The train's tilting mechanism to lean into curves at high speed and the high-quality airtight body minimize vibration and provide a smooth, quiet ride.

MORE DETAILS

Highways (as well as aviation) became the focus of infrastructure spending, at the expense of rail. This trend has continued, and not the least because highways require continuous maintenance, while the US's growing population demands more lanes and roads to relieve congestion.

MORE DETAILS

High-speed rail is generally regarded as the pinnacle of attractive and green transportation. But all too often, it makes train travel more expensive and less flexible. In the end, costly high-speed lines may just push more people into cars.

MORE DETAILS

Implementing high-speed rail will keep billions of dollars in the U.S. economy by decreasing the amount of oil that the U.S. consumes. According to the International Association of Railways (UIC), high-speed rail is eight times more energy efficient than airplanes and four times more efficient than automobile use.

MORE DETAILS