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Japan rail companies' newest export: world-class punctuality

Mitsui-JR West consortium boosts stake to turn around Brazilian railway

A Japanese consortium led by Mitsui & Co. seeks to turn around Brazil's SuperVia rail system, which lost 40% in daily ridership since it launched services in the 2000s.

TOKYO -- As emerging countries race to build their own transit systems, Japanese rail companies are trying to land orders by helping those nations adopt Japan's know-how on its world-famous train punctuality. 

A Japanese consortium made up of Mitsui & Co., West Japan Railway and the public-private fund Join spent 20 billion yen ($188 million) to purchase a roughly 90% stake in SuperVia, a Brazilian railway operator. The goal is to turn around its troubled operation by applying their experience running trains back home.

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