- Japan: The Japanese Government is considering total privatisation of three regional rail companies created when the JAPAN RAILWAYS monopoly split up in 1987. The State thus plans to sell the stakes it still owns in EAST JAPAN RAILWAY (JE EAST, 12.5%), WEST JAPAN RAILWAY (JR WEST, 31.5%) and CENTRAL JAPAN RAILWAY (JR TOKAI, 39.7%). The capitalisation of these stakes is estimated at around 1,200 billion yen, at their current value.