East Japan Railway Co. (JR East) plans to discard eight used bullet trains on the Hokuriku Shinkansen Line that were flooded by Typhoon No. 19, company chairman Yuji Fukasawa said in November's 6.
The E-7 series trains were among the 10 bullet trains, made up of 120 wagons, which were flooded on the JR East Nagano Shinkansen rail yard after the typhoon caused the Chikumagawa River to break in Nagano City on October 12. .
West Japan Railway Co. (JR West), owner of the other two trains, which are of the W-7 series, decided to discard them after concluding that they were unusable.
According to the interim settlement of the accounts released by the two companies at the end of October, the demolition of all 10 trains will result in a loss of about 11,8 billion yen ($ 108 million), excluding depreciation costs, to JR. East, while the loss to JR West will be about 3 billion yen.
JR East plans to manufacture eight replacement bullet trains. The standard production cost is about 300 million yen per train car, which means JR East will have to spend 28,8 billion yen for the venture.
JR East services on the Hokuriku Shinkansen line have been reduced to 80% of regular operations. Fukasawa said full-line services will return by the end of this fiscal year.
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