A DC-electrified railway system that is fed by diode rectifiers at a substation is unable to return the electric power to an AC grid. Accordingly, the braking cars have to restrict regenerative braking power when the power consumption of the powering cars is not sufficient. However, the characteristics of a DC-electrified railway system, including the powering cars, is not known, and a mathematical model for designing a controller has not been established yet. Hence, the object of this study is to obtain the mathematical model for an analytical design method of the regenerative braking control system. In the first part of this paper, the static characteristics of this system are presented to show the position of the equilibrium point. The linearization of this system at the equilibrium point is then performed to describe the dynamic characteristics of the system. An analytical design method is then proposed on the basis of these characteristics. The proposed design method is verified by experimental tests with a 1kW class miniature model, and numerical simulations.