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:
“History is the interpretation of the significance that the past has for us.”
—Johan Huizinga (1872–1945)
“The hypothesis I wish to advance is that ... the language of morality is in ... grave disorder.... What we possess, if this is true, are the fragments of a conceptual scheme, parts of which now lack those contexts from which their significance derived. We possess indeed simulacra of morality, we continue to use many of the key expressions. But we have—very largely if not entirely—lost our comprehension, both theoretical and practical, of morality.”
—Alasdair Chalmers MacIntyre (b. 1929)
“To grasp the full significance of life is the actor’s duty, to interpret it is his problem, and to express it his dedication.”
—Marlon Brando (b. 1924)