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We suffered a lot of damage from the typhoon and have still been unable to fully calculate relevant costs.

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Ryoji Akaishi, executive director of JR East. He said JR East may have to scrap eight bullet trains damaged by flooding in Nagano due to a typhoon on Oct 12, forcing it to report a related loss of up to ¥11.8 billion.

© Jiji Press

©2024 GPlusMedia Inc.

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It's just crazy the way natural disasters lay havoc in industries.

The JR bullet trains are just one aspect of this matrix.

There are farm industries that have been laid waste.

Ultimately it will hit the consumer in the pocket.

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