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Yagan Railway Co., Ltd. (野岩鉄道株式会社, Yagan Tetsudō Kabushiki-gaisha) is a Japanese third-sector railway running between Tochigi and Fukushima prefectures. It operates a single railway line, the Aizu Kinugawa Line (会津鬼怒川線, Aizu Kinugawa-sen).
The name of the line comes from the kanji characters of the ancient provinces of Shimotsuke (下野; now Tochigi Prefecture) and Iwashiro (岩代; now Fukushima Prefecture). The company's major shareholders include the two prefectural governments.

The Aizu Kinugawa Line (会津鬼怒川線, Aizu Kinugawa-sen) is a 30.7 kilometre railway line from Shin-Fujiwara Station in Nikkō, Tochigi to Aizukōgen-Ozeguchi Station, Minamiaizu, Fukushima.
The name of the line comes from the Aizu area (at the northern end of the line) and the Kinugawa Onsen hot spring resort area (at the southern end). Its nickname is the Hot Spa. Line (ほっとスパ・ライン, Hotto Supa Rain; lit. 'Relaxing Spa Line').
| Station | Japanese | Distance (km) | Revaty Aizu | Aizu Mount Express |
Open-car Ozatoro Tenbō Ressha |
Transfers | Location | ||
|---|---|---|---|---|---|---|---|---|---|
| Between stations |
Total | ||||||||
| ↑Through service to/from Tobu Kinugawa Line and Limited Express trains to/from Asakusa↑ | |||||||||
| Shin-Fujiwara | 新藤原 | - | 0.0 | ● | ● | ● | Nikkō | Tochigi Prefecture | |
| Ryūōkyō | 龍王峡 | 1.7 | 1.7 | ● | ● | ↓ | |||
| Kawaji-Onsen | 川治温泉 | 3.1 | 4.8 | ● | ● | ↓ | |||
| Kawaji-Yumoto | 川治湯元 | 1.2 | 6.0 | ● | ● | ● | |||
| Yunishigawa-Onsen | 湯西川温泉 | 4.3 | 10.3 | ● | ● | ● | |||
| Nakamiyori-Onsen | 中三依温泉 | 6.5 | 16.8 | ● | ● | ↓ | |||
| Kamimiyori-Shiobara-Onsenguchi | 上三依塩原温泉口 | 4.2 | 21.0 | ● | ● | ● | |||
| Ojika-Kōgen | 男鹿高原 | 4.0 | 25.0 | ↕ | ↕ | ↓ | |||
| Aizukōgen-Ozeguchi | 会津高原尾瀬口 | 5.7 | 30.7 | ● | ● | ● | ■ Aizu Railway Aizu Line | Minamiaizu, Fukushima, Minamiaizu District | Fukushima |
| ↓Through service to/from Aizu Railway Aizu Line↓ | |||||||||
The construction began as a part of the Japan Railway Construction Corporation. It was taken over by Yagan Railway.
This article incorporates material from the corresponding article in the Japanese Wikipedia.