A large earthquake in the Tokai region of central Japan could claim up to 10,000 lives and cause economic losses of 37 trillion yen, according to a government disaster prevention panel.

The predicted death toll would result from a quake of magnitude 8 occurring early on a winter’s morning, the Central Disaster Management Council said in a report. The toll would exceed the more than 6,000 lives lost due to the Great Hanshin Earthquake, which devastated the Kobe area in January 1995.

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