Japan manufacturers restart some of the northeast’s quake-hit plants By Reuters

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© Reuters. FILE PHOTO: A logo of Murata Manufacturing Co. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai

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TOKYO (Reuters) -Japanese manufacturers began restarting production at some of the plants that were halted following an earthquake that jolted the country’s northeast late on Wednesday.

Murata Manufacturing Co (OTC:) Ltd, the top global supplier of ceramic capacitors used in smartphones and cars, said it is restarting production on Friday at two of four factories that were idled.

The other two remain out of action, a spokesperson for the Kyoto-based firm said, noting a fire that broke out at a factory which produces chip inductors caused some damage to equipment.

The company, which also has production facilities in Malaysia, said it is shipping from its stockpile.

The limited damage caused by the magnitude 7.4 temblor has highlighted Japan’s success in building resilience against the frequent tremors that shake the archipelago.

The quake had sparked concerns of further disruptions to a pandemic-hit global supply chain for precision components vital to electronics and autos production and in which Japanese manufacturers play a leading role.

Power has mostly been restored across the northeast, which suffered Japan’s biggest earthquake 11 years ago. Areas of Tokyo lost power for nearly three hours after the latest quake, in which three people died and 183 were injured.

The blackout has, however, forced the disposal of some COVID-19 vaccines held in cool storage, the Yomiuri newspaper reported.

Tech conglomerate Sony (NYSE:) Group Corp is in the process of gradually restarting production at three factories in the quake-hit area, a spokesperson said.

There is some damage to a facility in Shiroishi, Miyagi prefecture which produces laser diodes but the impact on production is limited, Sony said.

Renesas Electronics Corp, which makes nearly a third of the microcontroller chips used in cars globally, said a stop on two factories and a partial stop on a third remained in place.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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2/2
© Reuters. FILE PHOTO: A logo of Murata Manufacturing Co. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai

2/2

TOKYO (Reuters) -Japanese manufacturers began restarting production at some of the plants that were halted following an earthquake that jolted the country’s northeast late on Wednesday.

Murata Manufacturing Co (OTC:) Ltd, the top global supplier of ceramic capacitors used in smartphones and cars, said it is restarting production on Friday at two of four factories that were idled.

The other two remain out of action, a spokesperson for the Kyoto-based firm said, noting a fire that broke out at a factory which produces chip inductors caused some damage to equipment.

The company, which also has production facilities in Malaysia, said it is shipping from its stockpile.

The limited damage caused by the magnitude 7.4 temblor has highlighted Japan’s success in building resilience against the frequent tremors that shake the archipelago.

The quake had sparked concerns of further disruptions to a pandemic-hit global supply chain for precision components vital to electronics and autos production and in which Japanese manufacturers play a leading role.

Power has mostly been restored across the northeast, which suffered Japan’s biggest earthquake 11 years ago. Areas of Tokyo lost power for nearly three hours after the latest quake, in which three people died and 183 were injured.

The blackout has, however, forced the disposal of some COVID-19 vaccines held in cool storage, the Yomiuri newspaper reported.

Tech conglomerate Sony (NYSE:) Group Corp is in the process of gradually restarting production at three factories in the quake-hit area, a spokesperson said.

There is some damage to a facility in Shiroishi, Miyagi prefecture which produces laser diodes but the impact on production is limited, Sony said.

Renesas Electronics Corp, which makes nearly a third of the microcontroller chips used in cars globally, said a stop on two factories and a partial stop on a third remained in place.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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