Central Japan Railway Co. (JR Tokai) said Friday it will spend 8 percent more on bullet trains and a new magnetic levitation rail link next fiscal year.
The nation's second-largest railway will spend ¥125 billion on the trains and associated facilities, along with its maglev plan in the business year starting April 1, compared with a planned ¥116 billion this fiscal year, the carrier said in a statement in Tokyo.
