[TRANSLATION]
December 28, 2023
To Whom It May Concern:
Name of Company: Central Japan Railway Company
Name of Representative: Shunsuke Niwa,President and Representative Director(Code: 9022, Prime Market of the TSE and Premier Market of the NSE)
Contact Person: Koji Kumekawa
General Manager of the Public Relations Department(Telephone No.: +81-52-564-2549)
Permission regarding the Construction Implementation Plan (#3)
of the Chuo Shinkansen Section between Shinagawa and Nagoya, and the Change
to Approved Items
On December 28, 2023, the Central Japan Railway Company received permission
regarding the Construction Implementation Plan (#3) of the Chuo Shinkansen section
between Shinagawa and Nagoya, and the change to approved items, which was applied
for to the Minister of Land, Infrastructure, Transport and Tourism under Article 9 of
the Nationwide Shinkansen Railway Development Act on December 14, 2023.
For further details, please see the release titled “Application for Permission
regarding the Construction Implementation Plan (#3) of the Chuo Shinkansen Section
between Shinagawa and Nagoya, and the Change to Approved Items” attached hereto(disclosed on December 14, 2023), since the Company received permission regarding
the plan as it applied for.

Appendix[TRANSLATION]
December 14, 2023
To Whom It May Concern:
Name of Company: Central Japan Railway Company
Name of Representative: Shunsuke Niwa,
President and Representative Director(Code: 9022, Prime Market of the TSE and Premier Market of the NSE)
Contact Person: Koji Kumekawa
General Manager of the Public Relations Department(Telephone No.: +81-52-564-2549)
Application for Permission regarding the Construction Implementation Plan (#3)
of the Chuo Shinkansen Section between Shinagawa and Nagoya, and the Change
to Approved ItemsThe Central Japan Railway Company (the “Company”) announces that its Boardof Directors has resolved, at the meeting of the Board of Directors held on December
14, 2023, to apply to the Minister of Land, Infrastructure, Transport and Tourism for
permission regarding the Construction Implementation Plan (#3) of the Chuo
Shinkansen section between Shinagawa and Nagoya, and the change to approved items,pursuant to Article 9 of the Nationwide Shinkansen Railway Development Act (the“Act”).
⚫

The Company will make this application pursuant to Paragraphs 1 and 2 ofArticle 9 of the Act and Paragraphs 1 and 2 of Article 2 of the Ordinance for
Enforcement of the Act.
・ Please see the Exhibit “Outline of the Construction Implementation Plan(#3) and the Change to Approved Items.”
・ At this time, the Company will apply for the remaining approval itemsof our construction implementation plan, such as the construction workand equipment work of stations and train depots as well as rolling stock,under the Construction Implementation Plan (#3). Also, of the approved
items, the Company will apply to change certain items such as the total
construction costs and the scheduled completion year, based on a morein-depth design study and survey, progress of the consultation andconstruction, etc.

(Total construction costs)
The Company will change the total construction costs for the entire
section between Shinagawa and Nagoya to 7,048.2 billion yen which theCompany announced as the expected total construction costs in the“Notice Concerning Total Construction Costs for the Chuo Shinkansen
Section between Shinagawa and Nagoya” on April 27, 2021, by adding
the remaining approval items such as the cost for construction work andequipment work of stations and train depots as well as rolling stock, andthe increase of costs for responding to challenging construction work,
enhancing earthquake countermeasures, securing utilization sites ofexcavated soil, etc., to the 4,853.6 billion yen which was approved as partof the Construction Implementation Plan (#2). While the total
construction costs increased from the 5,523.5 billion yen announced in
the Construction Implementation Plan (#2) to 7,048.2 billion yen, theexpected amount of the total construction costs remains the same as what
we announced on April 27, 2021.
(Scheduled completion year)
The Company will change the scheduled completion year from “2027” to“on or after 2027” due to the situation of the Southern Alps Tunnel
Shizuoka construction area, where we have not been able to begin tunnel
drilling work. We plan to apply for a change in the scheduled completion
year at a later stage once we have an outlook on the approximate
completion year.

Exhibit
Outline of the Construction Implementation Plan (#3)
and the Change to Approved Items(1) Construction Implementation Plan (#3)
➢ Of the entry items etc. of a construction implementation plan based on Paragraph
1 of Article 9 of the Act and Paragraph 1 of Article 2 of the Ordinance for
Enforcement of the Act, the following items:(viii) Construction Budget
The Company will add the cost for construction work and equipment work ofstations and train depots as well as rolling stock, etc.

➢ Of the attachment documents of a construction implementation plan based on
Paragraph 2 of Article 9 of the Act and Paragraph 2 of Article 2 of the Ordinancefor Enforcement of the Act, the following items:
・The Company will newly add the following attachment documents.
Table of station facilities, table setting forth an overview of the carriage shedfacilities and inspection/repair facilities, and documentation setting forth an
overview of rolling stock.
・The Company will include additional entries to the following attachment
documents.
Floor plan of the stations, documentation setting forth an overview of special
designs if such designs exist, and schedule of the construction works.

(2) Change to approved items➢ Of the entry items etc. of a construction implementation plan based on Paragraph
1 of Article 9 of the Act and Paragraph 1 of Article 2 of the Ordinance for
Enforcement of the Act, the following items:(iii) Location of the railway track
Based on a more in-depth design study of certain civil engineering structures,etc., the Company will partially change the floor plan of the railway track andrailway track profile.
(vii) Construction Methods
Based on a more in-depth design study of electric facilities, etc., the Company

will change the amount, etc., of the following items.
n) Installation method, kind, and gauge of the feeding lines, powertransmission lines, and distribution lines (except for low-voltage ones)o) Overview of power plants and substations(viii) Construction Budget
The Company will change the total construction costs to 7,048.2 billion yen,
by adding the cost for responding to challenging construction work,
enhancing earthquake countermeasures, securing utilization sites of excavatedsoil, etc., in addition to the cost increase indicated in section (1).
(ix) Scheduled Completion YearThe scheduled completion year will be changed to “on or after 2027” due tothe situation of the Southern Alps Tunnel Shizuoka construction area, where
we have not been able to begin tunnel drilling work.
➢ Of the attachment documents of a construction implementation plan based onParagraph 2 of Article 9 of the Act and Paragraph 2 of Article 2 of the Ordinancefor Enforcement of the Act, the following items:
・The Company will revise the following attachment documents.
Floor plan of the railway track, railway track profile, floor plan of the stations,locking sheet, diagram of transmission system, single-wire circuit diagram ofsubstations, and schedule of the construction works.

Budget of the Construction Cost for the Chuo Shinkansen Section between Shinagawaand Nagoya (285 km 605 m extension)Item

AmountThousands of Yen
363,010,000
163,916,000
665,600,000

Cost for sites
Cost for rail beds
Cost for bridges
Cost for tunnels
Cost for tracks
Cost for stations
Cost for carbarns and facilities for inspection and repair
Cost for other buildings
Cost for electric lights and electrical power lines
Cost for communication lines
Cost for train protection equipment
Cost for protection equipment
Cost for communication equipment
Cost for lines
Cost for power stations and substations
Sub total

2,138,481,000
813,470,000
1,054,068,000
159,200,000
5,190,000
392,400,000
67,900,000
69,300,000
3,780,000
171,460,000
435,430,000
6,503,205,000

Cost for buildings construction
Cost for construction machines
Other construction-related cost

340,000
17,700,000
192,115,000

Sub total

210,155,000

Total

6,713,360,000

Cost for rolling stock

334,880,000

Total
Construction cost per
rolling stock)7,048,240,000
1km (excluding the cost for* Consumption tax excluded.

23,510,000

Note