JR Central honorary chairman Kasai, who led rail privatization, dies

Economy Society

Yoshiyuki Kasai, the honorary chairman of Central Japan Railway Co. who played a key role in privatizing Japan National Railways in the late 1980s, has died of interstitial pneumonia, the train operator said Friday. He was 81. Kasai, who died Wednesday, was one of the three key figures along with the former presidents of JR East and JR West who led the reform of Japan's railway system and breakup of the state-owned operator in 1987. The privatization created six regional passenger and one freight rail operator along with several other private companies. Joining the state-run railways after gra...

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