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February 18, 2014

Toyota to Honda Lose Some Output as Snow Hits Japan

Toyota Motor Corp. (7203), Honda Motor Co. and Suzuki Motor Corp. suspended output in some factories in Japan after the second major snowstorm this month disrupted shipments of parts from suppliers.

Toyota halted production today in its Takaoka plant that builds Corolla and IQ cars, and the Tsutsumi factory that makes vehicles including the Prius and Camry, said Kayo Doi, a spokeswoman.

The Toyota City, Japan-based automaker also suspended output at its Motomachi and Tahara plants, according to the company.

All plants except Tsutsumi will resume production tomorrow, Doi said. Honda today suspended production at its Yorii factory in Saitama prefecture near Tokyo because of snow, after halting output at affected sites on Feb. 14 and Feb. 15, according to Kumiko Hashimoto, a company spokeswoman.

Suzuki stopped output at three factories in Shizuoka, spokesman Hideki Taguchi said. Heavy snowstorms have disrupted plane and train services in Japan this month.

At least 20 centimeters (8 inches) of snow fell in Tokyo on Feb. 14 and 15, with accumulations 10 times higher in some other parts of the nation, the Japan Meteorological Agency reported on its website.

As much as 24 centimeters of snow covered Tokyo the prior weekend, the most in 45 years, public broadcaster NHK reported.

The weather agency forecasts a 50 percent chance of snow or rain in Aichi prefecture on Feb. 19 and 20, and a 50 percent chance of precipitation in Shizuoka on Feb. 20, according to its website.

Panasonic Corp. (6752), Japan’s biggest maker of consumer electronics, is experiencing supply-chain bottleneck due to snow and is examining the impact on production, spokeswoman Chieko Gyobu said today.

bloomberg.com

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