In the fiscal year 2023, Kintetsu Group Holdings was the major private railway company in Japan with the highest revenues, which amounted to roughly **** trillion Japanese yen. In total, the major private railways generated around **** trillion yen of sales. It is noteworthy that many of them engage in various businesses besides passenger transportation, such as real estate, department stores, and many more.
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Japan Private Railway Association. (October 29, 2024). Major private railway companies in Japan in fiscal year 2023, by sales (in billion Japanese yen) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1267932/japan-major-private-railways-by-revenue/
Japan Private Railway Association. "Major private railway companies in Japan in fiscal year 2023, by sales (in billion Japanese yen)." Chart. October 29, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1267932/japan-major-private-railways-by-revenue/
Japan Private Railway Association. (2024). Major private railway companies in Japan in fiscal year 2023, by sales (in billion Japanese yen). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1267932/japan-major-private-railways-by-revenue/
Japan Private Railway Association. "Major Private Railway Companies in Japan in Fiscal Year 2023, by Sales (in Billion Japanese Yen)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Oct 2024, /statistics/1267932/japan-major-private-railways-by-revenue/
Japan Private Railway Association, Major private railway companies in Japan in fiscal year 2023, by sales (in billion Japanese yen) ÌÇÐÄÆƽâ°æ, /statistics/1267932/japan-major-private-railways-by-revenue/ (last visited July 28, 2026)
Major private railway companies in Japan in fiscal year 2023, by sales (in billion Japanese yen) [Graph], Japan Private Railway Association, October 29, 2024. [Online]. Available: /statistics/1267932/japan-major-private-railways-by-revenue/
