Hokushinkyuko Railway

The Hokushinkyuko Railway was a private third-sector railway company based in Kobe, Japan.
The railway's origins date back to 1979, when it was founded by a group of investors to operate its only line, the Hokushin Line. Investors in the company over its lifespan included the Hankyu Corporation and Kobe Electric Railway; the company was a subsidiary of Hankyu Hanshin Holdings. The company was also noted to have been dogged with financial issues for most of its life.
Due to financial issues and such, the Kobe Municipal Transport Bureau made a decision to acquire the Hokushinkyuko Railway as well as its assets in March 2019, with employees to be laid off transferred to the Kobe Electric Railway for work. The acquisition was completed on 31 May 2020, with the Hokushin Line now designated the third line of the Kobe City Subway. Liquidation proceedings began in August the same year, with the company fully dissolved by March 2021 and no longer exists as a legal entity.
Category:Companies
Category:Japanese Railways
Category:Defunct companies