East Japan Railway Co. said Friday it has applied to the transport ministry to raise its train fares by an average 7.1 percent beginning March 2026, its first blanket fare hike since the company's establishment in 1987.The railway company, created following the breakup and privatization of the Japanese National Railways, seeks to hike fares for standard tickets and commuter passes, estimating the plan will boost its annual revenue by 88.1 billion yen ($585 million).The starting fare will increase by 10 yen from the current 150 yen for distances between 1 to 3 kilometers on lines such as the…READ FULL ARTICLE
