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Sony, Toyota Shut Factories After Power Shortages Follow Earthquake Damage – Bloomberg.

Sony, Japan’s biggest exporter of consumer electronics, halted operations at 10 factories and two research centers because of power outages and damages, said Mami Imada, a spokeswoman for the Tokyo-based company. Toyota, the world’s largest automaker, said it closed all 12 factories in Japan through Wednesday, and its auto-body makers’ plants are closed today. Honda Motor Co. said it would stop output at plants in four locations. (etc.)

http://www.bloomberg.com/news/2011-03-14/toyota-sony-factories-shuttered-amid-earthquake-damage-power-shortages.html

A report yesterday elsewhere mentioned the closing of Mitsubishi plants and one  other manufacturer. Now with electricity interruptions – there may be more factories that cannot continue production for a little while. That is not good. It is not good for the people of Japan and it won’t be good for the rest of the world, either.

my note

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