Auto parts supplier Aisin Advics reports explosion at Japan plant

Aichi Steel

30/05/2016 10:20

TOKYO, May 30 (Reuters) - Japanese auto parts supplier Aisin 
Advics Co said on Monday  there had been an explosion at one of 
its plants in central Japan, and that it was establishing the 
extent of damage which may impact the supply chains of its 
customers.   
    The company specialises in braking systems and is a major 
supplier to Toyota Motor Corp  7203.T . 
    It said that the gas explosion at its plant in Kariya, Aichi 
Prefecture, the nation's automaking heartland, occurred near one 
of its paint lines, injuring four people. 
    Aisin Advics is majority owned by Aisin Seiki Co  7259.T , a 
Toyota group supplier, and operates two production plants in 
central Japan, and manufactures globally. 
    Toyota has suffered production delays this year due to 
supply chain disruptions caused by damage to a plant operated by 
an Aisin Seiki subsidiary following earthquakes in southern 
Japan, and a fire at a steel plant owned by Aichi Steel Corp 
 5482.T , another major supplier.  
 
 (Reporting by Naomi Tajitsu; Editing by Kim Coghill) 
 ((naomi.tajitsu@thomsonreuters.com; +81364411078; Reuters 
Messaging: naomi.tajitsu.thomsonreuters.com@reuters.net)) 
 
Keywords: AUTOS AISIN/BLAST