Bloomberg Businessweek has reported that Japanese electronics manufacturers could face up to $60 billion in lost production from power disruptions under rolling utility blackouts related to Japan's present nuclear crisis, subsequent to the devastating earthquake and tsunami events of March 11, 2011.
Related News: TTI issues Japanese supplier updates, factory status reports
Elsewhere in related news, FT.com reports that Japanese manufacturing activity sank to a two-year low in March, underlining the impact that the earthquake and tsunami has had on economic activity in the country, and how this disruption has been exacerbated by the ongoing nuclear crisis at the Fukushima Daiichi power plant in northern Japan.
The crisis has necessitated electricity shortages that have led to rolling power cuts in the Tokyo region, which accounts for 38 percent of the Japanese economy.
More ICW Coverage of the 2011 Japan Disaster
