Although the company originally owned the railway line, on April 1, 2009, the ownership was transferred to the municipalities (towns) where the line exists and the company became a pure operator of the railway as a Category 2 Railway Operator.

The town of Yazu owns 16.5 km of track and the town of Wakasa owns 2.7 km of track as Category 3 Railway Operators.

The railway owns a former JNR Class DD16 diesel locomotive, number DD16 7, previously used at the Railway Technical Research Institute in Kokubunji, Tokyo, and former JNR Class C12 2-6-2T steam locomotive number C12 167.

[4] With the privatization of JNR in April 1987, the Wakasa Line was transferred to the ownership of West Japan Railway Company (JR West).

However, JR West ceased operations on the line on 13 October 1987, with operations taken over by the third-sector Wakasa Railway Company from 14 October.