Ministry of Economy, Trade and Industry says impact survey on February 3 16:31
With the spread of the new coronavirus, Japanese companies are increasing their production activities in China. The Ministry of Economy, Trade and Industry is urgently investigating the impact on the supply chain, such as whether local factories have been shut down and Japanese automakers may not be able to procure parts.
As Chinese local governments demand that extended holidays be held during the Chinese New Year to prevent the spread of the new coronavirus, Japanese companies are increasingly delaying the resumption of operations at Chinese factories.
Since the suspension of operations at local factories and stagnation in logistics are likely to affect the procurement and supply networks of Japanese automakers and electrical equipment manufacturers, the Ministry of Economy, Trade and Industry has established a task force within the ministry. We are strengthening our interviews with employees.
JETRO: According to the Japan External Trade Organization, the value of auto parts imported from China is over 340 billion yen, and there is a concern that the prolonged suspension of local operations could affect the supply chain of Japanese companies.
According to previous surveys, many people have said that there has been no noticeable effect because China originally planned a holiday during the Chinese New Year, but the Ministry of Economy, Trade and Industry will continue to investigate and hurry to grasp the situation I am.