Central Japan Railway Co
9022: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| JPY 4,213.00 | Yzphs | Fwydgrxd |
JR Central's Earnings Are Recovering Strongly but Returns to Be Diluted by Chuo Shinkansen
Business Strategy and Outlook
Central Japan Railway Company, or JR Central, is the main railway operator in Nagoya and the Chubu region in central Japan. It serves far fewer passengers than JR East but what JR Central lacks in scale, it makes up for with quality, owning Japan's premier high-speed rail line—the Tokaido Shinkansen. The Tokaido Shinkansen dominates passenger transport along its route, which spans Japan's most wealthy and populous area and links Tokyo, Yokohama, Nagoya, Kyoto, and Osaka. Competition is minimal given the Shinkansen's unbeatable departure frequency, convenience, travel times, safety, and reliability.