The is a private railroad company in Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

, and a subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of the Tokyu Corporation. The company operates the Izu Kyūkō Line

Izu Kyuko Line

The is a privately owned railway line of Izukyū Corporation in Shizuoka Prefecture, JapanThe line runs along the eastern coast of the Izu Peninsula, a tourist district noted for its numerous hot spring resorts and golf courses, between Itō Station in Itō and Izukyū-Shimoda Station in Shimoda...

 train service on Izu Peninsula

Izu Peninsula

The is a large mountainous peninsula with deeply indented coasts to the west of Tokyo on the Pacific coast of the island of Honshū, Japan. Formerly the eponymous Izu Province, Izu peninsula is now a part of Shizuoka Prefecture...

 in Shizuoka Prefecture

Shizuoka Prefecture

is a prefecture of Japan located in the Chūbu region on Honshu island. The capital is the city of Shizuoka.- History :Shizuoka prefecture was formed from the former Tōtōmi, Suruga and Izu provinces.The area was the home of the first Tokugawa Shogun...

, and has subsidiary operations involved in taxi

Taxicab

A taxicab, also taxi or cab, is a type of vehicle for hire with a driver, used by a single passenger or small group of passengers, often for a non-shared ride. A taxicab conveys passengers between locations of their choice...

 and bus

Bus

A bus is a road vehicle designed to carry passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-decker bus, with larger loads carried by double-decker buses and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are...

 services, as well as real estate and leisure resort development and a cable television

Cable television

Cable television is a system of providing television programs to consumers via radio frequency signals transmitted to televisions through coaxial cables or digital light pulses through fixed optical fibers located on the subscriber's property, much like the over-the-air method used in traditional...

 network.

Company history

The Tokyu Corporation began preliminary work on a train line connecting Itō Station

Ito Station

is a railway station located in the northern part of Itō, Shizuoka, Japan. It is the terminal station for the Itō Line of the East Japan Railway Company and the Izu Kyūkō Line of the Izukyū Corporation, as well as a freight depot for the Japan Freight Railway Company。- History :Itō Station opened...

, the terminal station

Terminal Station

Terminal Station is a 1953 film by Italian director Vittorio De Sica. It tells the story of the love affair between an Italian man and an American woman. The film was entered into the 1953 Cannes Film Festival.-Production:...

 of the Japan National Railway’s Itō Line, with Shimoda

Shimoda, Shizuoka

is a city and port in Shizuoka, Japan.As of 2010, the city had an estimated population of 25,054 and a population density of 242 persons per square kilometer...

, at the southern tip of the Izu Peninsula in 1956. A wholly owned subsidiary, the was created on April 11, 1959 and construction work on the new line began in February 1960. On February 20, 1961, the company changed its name to its current name of Izukyū Corporation. Actual train operation began at Itō Station on December 10, 1961, and a centralized traffic control

Centralized traffic control

Centralized traffic control is a form of railway signalling that originated in North America and centralizes train routing decisions that were previously carried out by local signal operators or the train crews themselves. The system consists of a centralized train dispatcher's office that...

 center established at Itō in 1982.

Izukyū Corporation was listed in the Second Section of the Tokyo Stock Exchange

Tokyo Stock Exchange

The , called or TSE for short, is located in Tokyo, Japan and is the third largest stock exchange in the world by aggregate market capitalization of its listed companies...

 from November 1, 1972. However, it was delisted on October 1, 2004 and returned to the status of a fully owned subsidiary of the Tokyu Corporation.

Lines

At present, the company operates one train line, the Izu Kyūkō Line

Izu Kyuko Line

The is a privately owned railway line of Izukyū Corporation in Shizuoka Prefecture, JapanThe line runs along the eastern coast of the Izu Peninsula, a tourist district noted for its numerous hot spring resorts and golf courses, between Itō Station in Itō and Izukyū-Shimoda Station in Shimoda...

, with a total length of 45.7 kilometers.

The Shimoda Ropeway

Shimoda Ropeway

The is the name of Japanese aerial lift line in Shimoda, Shizuoka, as well as its operator. The company is a subsidiary of Izukyū Corporation. The line is also called , as it climbs Mount Nesugata. The observatory has a view of Port of Shimoda and Pacific Ocean...

is a subsidiary of the Izukyū Corporation.