Kyushu Railway Company

Japan

Digital Finance & Tokenization▲4

JR Kyushu and SBI to Launch Financial Super App "JQ BANK" in Fiscal 2027

JR Kyushu and SBI Holdings announced on September 25 that they will jointly develop a financial super app, tentatively named "JQ BANK," aiming to begin offering it during fiscal 2027. The plan assumes JR Kyushu will obtain a banking agency license with SBI Shinsei Bank as its affiliated bank, and it will leverage SBI Shinsei Bank's functions for banking and SBI Securities' functions for the securities segment. The financial platform underpinning JQ BANK will extend to crypto assets, FX, and stablecoin payments, with AI agents and media features also under consideration. Building on existing customer bases such as JR Kyushu Web members, the transit IC card SUGOCA, the JQ CARD credit card, and the JR Kyupo point service, the companies are considering offering perks tied to JR Kyushu Group services in station buildings, real estate, hotels, retail, and dining based on customers' use of financial services. Preferential mortgage rates are also under consideration, with JR Kyushu positioning itself not as a creator of financial products but as the holder of the gateway connecting finance and customers.

Kyushu Railway… ▲SBI Holdings I… ▲SBI Shinsei Ba… ▲

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9142.JP · Demand · Positive JR Kyushu will launch the JQ BANK financial super app, monetizing its Web members, SUGOCA, JQ CARD and Kyupo point customer base through financial services.

8473.JP · Demand · Positive SBI Holdings is a lead partner developing the JQ BANK super app, extending its banking, securities, crypto, FX and stablecoin services to JR Kyushu's customer base.

8303.JP · Demand · Positive SBI Shinsei Bank will serve as the affiliated bank providing banking functions and the banking agency license for JQ BANK.

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Magnitude 7.1 Earthquake Strikes Kumamoto; Japan Halts Shinkansen, Closes Airport Runway

A powerful magnitude 7.1 earthquake struck Kumamoto Prefecture in southwestern Japan at 4:27 p.m. local time on Tuesday, July 28, injuring several people, sparking fires, and cutting power to more than 48,000 households. The Japan Meteorological Agency reported the quake's epicenter at a depth of about 10 kilometers, with maximum seismic intensity of 7 recorded in Uki and Hikawa towns — the highest level on Japan's intensity scale. This marks the first time such intensity has been observed since the Noto Peninsula earthquake in January 2024. On the travel front, Aso Kumamoto Airport closed its runway from 4:40 p.m. with no reopening time set, while JR Kyushu suspended all train services, including the entire Shinkansen high-speed rail network. The Japan Meteorological Agency issued a tsunami advisory for the Ariake Sea and Yatsushiro Sea, later lifted, and warned residents to be alert for building collapses and landslides, while monitoring for strong aftershocks in the coming days. The Sendai and Genkai nuclear power plants reported no abnormalities.

Kyushu Railway… ▼

9142.JP · Supply · Negative JR Kyushu suspended all train services including Shinkansen due to earthquake damage and safety checks.

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Magnitude 7.1 Earthquake Shakes Kumamoto, Multiple Injuries Reported, Japan Suspends Shinkansen and Closes Runways

A magnitude 7.1 earthquake struck Kumamoto Prefecture in southwestern Japan at 4:27 p.m. local time on Tuesday, July 28, leaving several people injured, sparking fires, and cutting power to over 48,000 households. The Japan Meteorological Agency reported that the shaking reached a maximum intensity of 7 on the Japanese scale in Uki and Hikawa, the highest level on the country's seismic scale and the first time this level has been recorded since the Noto Peninsula earthquake in January 2024. Meanwhile, Aso Kumamoto Airport ordered the closure of its runways from 4:40 p.m. with no reopening time set, and JR Kyushu suspended all train services, including all Shinkansen lines. Kyushu Electric Power confirmed that no abnormalities were detected at the Sendai and Genkai nuclear power plants.

Kyushu Railway… ▼KYUSHU ELECTRI… ▼

9142.JP · Supply · Negative JR Kyushu suspends all train services including Shinkansen due to earthquake, halting operations and causing revenue loss.

9508.JP · Supply · Negative Earthquake disrupts power grid, cuts power to 48,000 households, and forces nuclear plant checks, potentially reducing electricity output.

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Hisatsu Line Restoration Work to Begin This Autumn, Aiming for Service Resumption in Fiscal 2033

JR Kyushu President Yoji Furumiya reported on the 22nd that full-scale restoration work will begin on the section between Yatsushiro and Hitoyoshi on the Hisatsu Line in Kumamoto Prefecture, which was damaged by torrential rains in July 2020. Aiming to resume operations around fiscal 2033, work to remove damaged bridges is scheduled to start as early as September or October.

Kyushu Railway… ▼

9142.JP · Supply · Negative Restoration work on damaged Hisatsu Line section will take until fiscal 2033, delaying service resumption and likely reducing operational capacity and revenue for years.

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Seishun 18 Ticket sales plunge to 240,000 as rule changes accelerate user exodus

Sales of the Seishun 18 Ticket in fiscal 2025 fell to approximately 240,000, dropping below the pandemic-hit fiscal 2020 level, according to an inquiry with JR Kyushu. After recovering to 620,000 in fiscal 2023, sales plummeted to 420,000 in fiscal 2024 and 240,000 in fiscal 2025, with the drastic revision of usage conditions from winter 2024 seen as the main cause. The changes restricted use to five or three consecutive days and prohibited sharing among multiple people. JR East cited compatibility with automatic ticket gates as the reason, but user backlash has been strong. An online petition calling for a return to the previous system gathered 33,946 signatures, yet JR East refused to accept it. Economic journalist Izumi Kushida points to a gap between the needs perceived by the JR Group and actual user needs, warning that this could undermine the ticket's role in cultivating future rail passengers.

East Japan Rai… ▼Kyushu Railway… ▼

9020.JP · Demand · Negative Seishun 18 Ticket sales plunge due to rule changes, reducing passenger demand for JR East services.

9142.JP · Demand · Negative Seishun 18 Ticket sales plunge due to rule changes, reducing passenger demand for JR Kyushu services.

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