(1) Overview
When intending to undertake a business operation, under Article 13, Item 1 of the Japan Expressway Holding and Debt Repayment Agency Law (hereafter referred to as the "Agency Law"), the agency is required to enter in advance into an agreement with the Company concerned, prescribing the lease fees and other conditions of lease regarding the expressway assets the Agency is to lease to the Company for each expressway belonging to the national expressway network, the regional expressway networks o r independent general toll roads.
When an agreement has been entered into, under Article 14, Item 1 of the Agency Law, the Agency is required to formulate a business implementation program that specifies details of the income and expenditure budget (debt repayment plan) of the Agency, in addition to the item prescribed in the agreement (excluding the toll amounts to be collected by the Company and the duration of collection), and submit it to the Minister of Land, Infrastructure and Transport for his or her approval.
A Company that enters into an agreement with the Agency is required to carry out its business activities under the agreement subject to approval by the Minister of Land, Infrastructure and Transport with regard to construction details, toll amounts, and other items.
The Agency and the Companies concluded an agreement on March 31, 2006. The Agency obtained approval for its business implementation programs and the Companies obtained approval for their business activities from the Minister of Land, Infrastructure and Transport.
(2) List of Agreements and Programs
| Agreement / Approval for Business Activities | Business Implementation Programs | |
|---|---|---|
| National expressway network | National expressways and expressways designated by the Agency with the approval of the Minister of Land, Infrastructure and Transport for East Nippon Expressway Co., Ltd., Central Nippon Expressway Co., Ltd., and West Nippon Expressway Co., Ltd.: 3 agreements | National expressways and expressways designated by the Agency with the approval of the Minister of Land, Infrastructure and Transport: 1 program |
| Regional expressway networks | Metropolitan Expressway, Hanshin Expressway (Hanshin area), Hanshin Expressway (Kyoto area), and Honshu-Shikoku Bridge Expressway: 4 agreements | Metropolitan Expressway, Hanshin Expressway (Hanshin area), Hanshin Expressway (Kyoto area), and Honshu-Shikoku Bridge Expressway: 4 programs |
| Independent general toll roads* | Independent general toll roads outside the national expressway network: 9*agreements | Independent general toll roads outside the national expressway network: 9* programs |
| Name of Agreement | Party to the Agreement with the Agency | |
|---|---|---|
| National expressway network | Agreement Regarding the National Expressway Hokkaido Crossing Route, Hakodate-Nayoro Line | East Nippon Expressway Co., Ltd. |
| Agreement Regarding the National Expressway National Chuo Expressway Fuji-Yoshida Line | Central Nippon Expressway Co., Ltd. | |
| Agreement Regarding the National Chuo Expressway Nishinomiya Line | West Nippon Expressway Co., Ltd. | |
| Regional expressway networks | Agreement Regarding the Metropolitan Expressway Line 1 | Metropolitan Expressway Co., Ltd. |
| Agreement Regarding the Osaka Prefectural Expressway Osaka-Ikeda Line | Hanshin Expressway Co., Ltd. | |
| Agreement Regarding the Kyoto City Expressway Line 1 | Hanshin Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 28 (Honshu-Shikoku Expressway (Kobe-Naruto Route) | Honshu-Shikoku Expressway Co., Ltd. | |
| Independent general toll roads | Agreement Regarding General National Road Route 45 (Sanriku Jukan Expressway (between Naruse-Okumatsushima and Ishinomaki-Kanan))* | East Nippon Expressway Co., Ltd. |
| Agreement Regarding General National Road Route 1 (Hakone Bypass) | Central Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 16 (Hachioji Bypass) | Central Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 139 (Nishi-Fuji Road) | Central Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 158 (Chubu Crossing Route, Abotoge Road) | Central Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 31 (Hiroshima-Kure Road) | West Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Routes 165 and 166 (Minami-Hanna Road) | West Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 201 (Yakiyama Bypass) | West Nippon Expressway Co., Ltd. | |
| Agreement Regarding General National Road Route 506 (Naha Airport Expressway (Haebaru Road))* | West Nippon Expressway Co., Ltd. |
*The following expressway section has been made toll-free with the completion of debt repayment.
General National Road Route 45 (Sanriku Jukan Expressway (between Naruse-Okumatsushima and Ishinomaki-Kanan)) (January 24, 2008)
General National Road Route 506 (Naha Airport Expressway, (Haebaru Road)) (March 28, 2009)
General National Road Route 1 (Hakone Shindo) (July 26, 2011)
For information on individual agreements and business implementation programs, please see the Agency website
(http://www.jehdra.go.jp/kyouteigyoumujisshi.html).
Procedural flow
