Significance
The ultimate goal of disbanding the JNR was to privatize the newly-created JR satellite companies. Each of the seven companies was created as joint stock with the Japanese government as sole shareholder. Currently, JR East is entirely privatized, with JR West and JR Central largely so. JNRSC still holds titles to the remaining four JR Group companies, Hokkaido Railway Company (JR Hokkaido), Shikoku Railway Company (JR Shikoku), Kyushu Railway Company (JR Kyushu), and the Japan Freight Railway Company (JR Freight).
Read more about this topic: JNR Settlement Corporation
Famous quotes containing the word significance:
“It is necessary not to be Christian to appreciate the beauty and significance of the life of Christ.”
—Henry David Thoreau (1817–1862)
“History is the interpretation of the significance that the past has for us.”
—Johan Huizinga (1872–1945)
“The hysterical find too much significance in things. The depressed find too little.”
—Mason Cooley (b. 1927)