UPDATE 1-FACTBOX Japan quake impact on auto makers, firms

Wed Mar 16, 2011 11:20am GMT
 

 (Updates Canon, Panasonic, Toyota; Adds Renesas)	
 March 16 (Reuters) - The following is a roundup of the
effect on auto makers and electronics makers following Friday's
devastating earthquake and tsunami. 	
For a factbox on the status of utilities,
refineries, smelters and ports, click 	
 	
 AUTO MAKERS	
 - Toyota Motor Co said it will continue to halt 
operations at its 12 main assembly plants in Japan, extending
the suspension until March 22. The closure of the factories,
since Monday, will result in lost production of 95,000 vehicles.	
But it will restart production of spare parts on
Thursday at seven plants near its base in Toyota City, central
Japan, to be shipped to service centres for repairs to Toyota
vehicles already on the road. From March 21, Toyota will also
begin making car parts at the same plant for assembly factories
overseas, the company said.	
 - Honda Motor Co reiterated its plans to suspend
all production in Japan until at least Sunday. [ID:L3E7EE109]
Honda manufactured 69,170 cars in January in Japan, where it
made 24 percent of its cars.	
 - Nissan Motor Co said output has been stopped at
all four of its car assembly factories in Japan. Nissan made
81,851 cars in January in Japan, where it manufactured 23
percent of its vehicles.	
 Goldman Sachs said in a report that rough calculations
indicated the profit impact of stopping production for one day
would be about 6 billion yen ($74.3 million) for Toyota and 2
billion yen for Honda and Nissan.	
 - Mazda Motor Corp said it still plans suspend
production at two plants in southwestern Japan to March 20, but
has not decided on how to proceed after that.	
 - Fuji Heavy Industries Co said all five of its car
and car parts-related plants for its Subaru-brand vehicles in
Gunma prefecture, north of Tokyo, will be closed until at least
Sunday.	
     	
 ELECTRONICS MAKERS:	
 - Sony Corp opened one factory, which
makes optical films, used in LCDs and also manufactures
adhesives, on Wednesday. Seven plants, which make an array of
devices from IC cards to blu ray discs to lithium batteries,
remain closed.	
 Sony is not sure when the plans will resume operations. Some
of the plants' output is supplied to other manufacturers,
including customers overseas.	
 - Toshiba said output was still halted at a factory
in Iwate prefecture making system LSI chips used in
microprocessors and image sensors. It has begun work to bring
the factory back on line but has no time frame to resume output.	
 - Canon reiterated it may not be able to resume
production this week at three plants that sustained serious
damage in the quake. One manufactures lenses, another makes ink
jet printers and the third produces equipment for manufacturing
LCD screens. 	
 In addition, Canon said it was forced to suspend production
until Friday at one of its main plants in Oita, on the southern
island of Kyushu, where it makes cameras, lenses and compact
photo printers. The world's largest maker of digital cameras
said it was having difficulty securing necessary parts following
the disaster.	
 - Nikon Corp said four of its production facilities
were closed, including two out of its precision equipment
plants, but the effect on cameras and lenses is seen as minor,
since almost all output for those devices is done in Thailand.
Nikon does not have a timetable to re-open the plants.	
 - Panasonic said none of its manufacturing northern
Japan facilities, including those making optical pick-ups and
other electronic parts, digital cameras and audio equipment were
badly damaged but it would take time to resume operations as
infrastructure needed to be restored.	
 - Renesas , the world's No. 5 chipmaker,
said it has halted operations at eight of its facilities and was
unsure when it would restart production at the locations.	
 
 OTHERS	
 - Shin-Etsu Chemical , the world's leading maker of
silicon wafers, said two of its plants near the worst-hit areas
remain offline. The firm is unable to say when operations will
restart.	
 A portion of the silicon wafer production at these plants is
shipped to chip companies overseas. The company is trying to
boost production elsewhere, particularly of 300-millimetre
wafers, to make up the shortfall.	

($1 = 80.72 Japanese Yen)	
	
 (Reporting by Tim Kelly, Isabel Reynolds, Kentaro Sugiyama and
James Topham; Editing by Edwina Gibbs)	
 

Market Update

  • Africa
  • US
  • Europe
  • Asia
UK £ USD =1.6568
Euro USD =1.3229
Rand USD =0.0934