Taiwan’s most serious earthquake of the 20th century struck the central part of the island on September 21, 1999. The so-called September 21st Earthquake, measuring 7.3 on the Richter scale, damaged tourist facilities at numerous popular destinations, with the international tourist arrivals suffering the brunt of the impact. Being that Japan has long been as Taiwan’s leading generator of international tourism, no effort can be spared toward regaining the Japanese market. In order to recapture tourists, the government of Taiwan implemented a series of swift countermeasures to reverse the sharp decline of Japanese inflow. The objective of this study is to propose a method for estimating the impact of the September 21st Earthquake on Japanese visitor arrivals. The time series of Box-Jenkins SARIMA model is employed to predict the volume of Japanese visitors following the quake (September 1999 to August 2001). The results are then compared with actual volume of visitor arrivals to ascertain the recovery status. Empirical results indicate that the Japanese inbound arrivals have significantly recovered from the earthquake devastation.