The is a private

railroad company A railway company is a company within the rail industry. It can be a manufacturing firm or an operator. Some railway companies operate both the trains and the track, while, particularly in the European Union, operation of the track is undertake ...

in Japan, and a subsidiary of the

Tokyu Corporation The is a Japanese multinational '' keiretsu'' (conglomerate) holding company headquartered in Shibuya, Tokyo. Its main operation is , a wholly owned subsidiary operating railways in the Greater Tokyo Area. History The oldest predecessor ...

. The company operates the

Izu Kyūkō Line The Izu Kyūkō Line ( ja, 伊豆急行線, ) is a privately owned railway line of the Izukyū Corporation in Shizuoka Prefecture, Japan. The line approximately parallels the eastern coast of the Izu Peninsula, a tourist district noted for its ...

train service on Izu Peninsula in Shizuoka Prefecture, and has subsidiary operations involved in

taxi A taxi, also known as a taxicab or simply a cab, is a type of vehicle for hire with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choic ...

and

bus A bus (contracted from omnibus, with variants multibus, motorbus, autobus, etc.) is a road vehicle that carries significantly more passengers than an average car or van. It is most commonly used in public transport, but is also in use for cha ...

services, as well as real estate and leisure resort development and a

cable television Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with bro ...

network.

Company history

The Tokyu Corporation began preliminary work on a train line connecting

Itō Station is a railway station located in the city of Itō, Shizuoka, Japan operated by the East Japan Railway Company (JR East), with the Izukyū Corporation's Izu Kyūkō Line as a tenant running a through service. It also has a freight depot for the ...

, the

terminus Terminus may refer to: * Bus terminus, a bus station serving as an end destination * Terminal train station or terminus, a railway station serving as an end destination Geography *Terminus, the unofficial original name of Atlanta, Georgia, United ...

of the

Japanese National Railways The abbreviated JNR or , was the business entity that operated Japan's national railway network from 1949 to 1987. Network Railways As of June 1, 1949, the date of establishment of JNR, it operated of narrow gauge () railways in all 46 pref ...

Itō Line The Itō Line ( ja, 伊東線, ) is a railway line owned by the East Japan Railway Company (JR East) which connects Atami and Itō Stations, along the east coast of Izu Peninsula in Shizuoka Prefecture, Japan. From Itō, the line continues s ...

, with Shimoda, at the southern tip of the Izu Peninsula in 1956. A wholly owned subsidiary, the was created on April 11, 1959, and construction work on the new line began in February 1960. On February 20, 1961, the company changed its name to its current name of Izukyū Corporation. Actual train operation began at Itō Station on December 10, 1961, and a

centralized traffic control Centralized traffic control (CTC) is a form of railway signalling that originated in North America. CTC consolidates train routing decisions that were previously carried out by local signal operators or the train crews themselves. The system cons ...

center established at Itō in 1982. Izukyū Corporation was listed in the Second Section of the

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ...

from November 1, 1972. However, it was delisted on October 1, 2004 and returned to the status of a fully owned subsidiary of the Tokyu Corporation.

Lines

At present, the company operates one train line, the

, with a total length of 45.7 kilometers. The Shimoda Ropeway is a subsidiary of the Izukyū Corporation.

Rolling stock

Active

* 2100 series (introduced 1985) * 8000 series (former Tokyu 8000 series transferred to Izukyu in 2004)

Future

* 3000 series (former JR East 209-2100 series, commencing operation in Spring 2022)https://camel3.com/cms/files/izukyu/MASTER/0100/uW54p435.pdf

References

*Sakanishi, Satoru (2001). ''Management Strategy of Tokyu, Keita Gotō'' () (in Japanese). Bungeisha. .

External links

Official website
{{DEFAULTSORT:Izukyu Corporation Tokyu Group Railway companies of Japan Companies based in Shizuoka Prefecture Railway companies established in 1959