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Semboku Rapid Railway (company)

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Semboku Rapid Railway Co., Ltd.
IndustryRailway
Headquarters
Osaka Prefecture, Japan

Semboku Rapid Railway Co., Ltd. (泉北高速鉄道株式会社, Senboku Kōsoku Tetsudō Kabushiki Gaisha) is a company managing the commercial distribution center and the Semboku Rapid Railway in Osaka Prefecture, Japan. It was formerly known as third-sector company Osaka Prefectural Urban Development Co., Ltd. (大阪府都市開発株式会社, Ōsaka-fu Toshi Kaihatsu Kabushiki Gaisha) until June 30, 2014.[1] Osaka Prefectural Urban Development and its subsidiary company were called the OTK Group (OTKグループ, OTK Gurūpu) together.

Business summary

A Semboku Rapid Railway 7000 series train

The main purpose of the company that most are familiar with is the operation of the Semboku Rapid Railway in southern Osaka Prefecture. The railroad starts at Nakamozu Station on the Nankai Kōya Line and ends at Izumi-Chūō Station. During the 1960s, the Osaka Prefectural government planned a route link to Semboku New Town, one of many planned communities at the time of the post-war boom. The Nankai Electric Railway was to undertake the total planning, construction and operation of the new route, but because Nankai had several large accidents in the later half of that decade, Japan's national railroad safety board forced Nankai to purchase new rolling stock and start restoration track and wayside equipment. Because of the required sudden investment, Nankai stalled on the Semboku line's construction timetable. The Osaka prefectural government, using an existing third sector company, stepped in to undertake the new railway's construction and operation.

In addition to this, the original business as a logistics distribution center management body is still in operation. There are currently two truck terminals under its management in the following locations:

  • Higashi Osaka commercial distribution center
  • Kita-Osaka commercial distribution center

On July 1, 2014, the share of the company owned by the prefectural government was transferred to Nankai Electric Railway and the company joined the Nankai Group.[1]

Future plans

Owing to ongoing financial constraints caused by the COVID-19 pandemic, Semboku Rapid Railway announced that it would be merged into Nankai Railway.[2] The merger is planned to take place in early 2025.

Railroad route

Subsidiary companies

  • Semboku Railway Service
  • Sentersu Industries
  • Rinku International Physical Distribution
  • Panjo
  • Osaka Rinku Hotel

References

  1. ^ a b Semboku Rapid Railway Co., Ltd. (July 1, 2014). "社名変更に関するお知らせ" [Notice of Change of Corporate Name] (PDF). Archived from the original (PDF) on July 12, 2014. Retrieved July 2, 2014.
  2. ^ "南海電鉄，泉北高速鉄道と経営統合へ". Japan Railfan Magazine Online (in Japanese). 20 December 2023. Archived from the original on 20 December 2023. Retrieved 20 December 2023.
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