Toyota Motor: to restart vehicle plants in Japan from Monday (updated)

Sumitomo Electric Industries

07/01/2024 01:55

(Recasts, adds details throughout)
       TOKYO, Jan 7 (Reuters) - Toyota Motor  7203.T  said it
would restart its Japanese vehicle plants on Monday but, given
the impact of the New Year's Day earthquake, would decide
separately about operations from Jan. 15.
    As aftershocks are continuing from the magnitude 7.6 quake
that ravaged Japan's western coast and many of its suppliers and
their affiliates are in affected areas, Toyota said in a press
release on Sunday it would use parts in stock outside those
areas.
    Toyota President Koji Sato said on Friday the company was
seeking to understand the supply chain situation after suppliers
Aisin  7259.T  and Sumitomo Electric  5802.T  suffered damage
from the temblor.
    As of Friday, some 80% of 200 companies with plants in the
quake-hit areas had resumed production or would resume soon,
Industry Minister Ken Saito said on Friday.
    More than 100 people have been confirmed dead and more than
200 are still missing after quake struck the Noto peninsula, on
the coast northwest of Tokyo.
    

 (Reporting by Kevin Buckland; Editing by William Mallard)
 ((Kevin.Buckland@thomsonreuters.com;))