> One important part of the privatization was that the government took on this debt load to unshackle the newly private companies.
Which certainly in some accounting systems be seen as a bailout or form of government support for these newly privatized companies, which the government probably wouldn't do if they didn't see these rail lines as a form of public good (or at least necessity).
I think another user mentioned a little down in this thread that there is a network of mutually supportive companies that are built out along the tracks, shops, hotels, restaurants, all of which benefit from the rail lines supplying customers, and in turn benefit the rail line by providing reasons to use their services outside of a strict A -> B commute.
I wonder if location/population has anything to do with both Kyushu and Hokkaido finding themselves in financial trouble.
Idk, it seems like fairly straightforward from a smooth-brained layman's non-politician perspective (mine), hey people we have a choice: we get clean on time trains where you can grab a cheap cheesesteak on you way back from work, or we get mobile homeless shelters that drop you off next to the needle exchange van in Berkeley