- Editorial, Letters & E-mails
- Diary Dates, Sales & Wants
- Chairman's Chat
- News Update
- Odakyū Romance Cars
- Photographing the Shinkansen at Kakegawa
- Rural Private Railways (Part 4) - Kure Denki Tetsudō
- Locomotive photo-chasing
- JR East: overhead lines down / Asahi newsclip
- Depot Codes
- Always Something New
- Overturning Trains
- Locomotive profiles: C57 & EF57
- Model-In: Motorisng 1:50 Arii-Ohtaki C57 kit
- Model-In: Odawarako Revamp (Part 3)
- Model-In: Odakyū Romance Car Round-up
- JRS Shop and Library
- 2005 Bullet-In Index: Issues 53-56
- Remaining Semaphore Signals in Japan
- M.G. Sharp Advertisement
Front cover: Top: Delightful Kiha 42 DMU in its 'Seagull' livery pulls into Rikuchi-Yagi station on the Hachinohe Line with semaphore signals in their last operating days, 27th January 2005.
Bottom: Lever frame for semaphores above, 28th January 2005. Photos by Hiroshi Naito