Noun
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In the past, the subway was operated by a public corporation (eidan).
That public corporation was responsible for public works.
The privatization of the public corporation was carried out with the aim of improving economic efficiency.
Many public corporations that once existed have now transitioned to joint-stock companies.
During the post-war reconstruction period, many public corporations were established and contributed to the development of national infrastructure.
Kanji that make up this word
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