Title.
Seems huge.
Private railroads in Japan are insanely popular. Primary method of transport, massive number of travellers per day, and they're amazingly clean and well run
They put public apologies out for being seconds late
Literally can't go tits up
And Tokyo metro is massive. Government backed too.
Not big on foreign stocks. Nikkei index volatility and JPY/ USD is obviously a risk but this seems solid
It's physical . One of the only 2 operators for 100 years.
What are you going to do? Replace a cities pre existing railroad lines?
There are railroads that have failed like the Brightline one in Florida that is burning cash. But that's because the US doesn't do rail.
That's all Japan does.
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