Nine as strong quake on the Richter scale followed by tsunami waves of about seven meters which hit Japan give concerns for the economy of the country. The destruction of infrastructure, disruption of activity, and damage to public facilities to be a significant blow to the economy of the Rising Sun's Affairs.
Opportunities Japanese economic decline in some reasonable time to come. This is considering the damage also occurred in some industrial areas. In the Miyagi region, which is an integrated complex of chemical industry and power plants, many factories burning and destruction of transport links.
Thus even in other areas, such as Hokuriku which is the area of nuclear power plants. Sendai, Kashima, and Neghisi which is a complex oil industry, where in the region are Japan's leading oil companies, namely JX Nippon Oil and Energy Corp.. Fires also occurred in Chiba, which is the metal industry.
Damage to the exact industrial sector, real sector is increasingly pressing in recent times reported decreased performance. Some Japanese economic data for release, such as leading indicators data for July edged up 0.9 percent or distant than previously predicted, ie, 102.4 percent.
While the data current account or current account deficit fell $ 1.09 trillion, or dropped from previous levels in the position of U.S. $ 1.52 trillion. Prelim machine tool orders fell 16.1 percent to 73.7 percent in February. As for this year's first quarter, gross domestic product (GDP) of Japan is predicted to decline 0.3 percent.
Fierce quake also damaged a nuclear power plant in Fukushima Daiichi. Generation of Tokyo Electronic Power Co. is exploding and increase the electricity crisis in Japan. Rotating electric extinguisher in a number of areas, including Tokyo was enacted.
This has been disturbing the production of giant factories. Sony Corp., for example. Largest electronics company in Japan was announced six factories disrupted. As a result, Sony temporarily stop their production.
Toyota Motor Corp. also announced a halt while the entire plant in Japan. Largest car manufacturer in the world manages 12 plants in the country. Meanwhile, Honda Motor Co. also suspend production at four factories. Likewise with Nissan Motor Co. The second largest car manufacturer in Japan that temporarily stop operations at four plants.
Toyota-affiliated company, Denso Corp. temporarily shut down nearly all its factories in Japan. Canon Inc., the company's largest camera maker in the world, also claimed to suspend operations at eight production and development facility in northern Japan. Meanwhile, Nikon Corp. to stop the four plants in Miyagi and Tochigi Prefecture.
Power outages also make Toshiba Corp. to stop the five factories. Likewise, Fujitsu Ltd.., Maker of semiconductors and computer equipment, stopping 10 factories in northern Japan and the Tokyo area.
East Japan Railway Co., operator trains and subways in Tokyo and northern Japan, to reduce travel by 80 percent, particularly in Tokyo. Death of electricity makes Ashai Breweries Ltd., Japan's largest beer company, analyze their production at the plant in Kanagawa Prefecture by 50 percent.
Create alleviate the electricity crisis, cessation of operation of factories in Miyagi and Fukushima even be voluntary. "The electricity supply is an important factor. If production is damaged by sustained manner, it will provide long-lasting impact on the economy," said chief economist at Global Societe General, Michala Marcussen.
Goldman Sachs Group Inc. predicts Toyota is losing potential profits up to six billion yen, or about USD 640 billion per day over the closure of 12 factories. While Honda and Nissan would lose two billion yen, or about Rp 213 billion per day.
Bank investigation into Credit Suisse estimates that losses due to earthquake and tsunami Japan will not be less than $ 171 billion or around Rp 1,500 trillion more. However, the Minister of Finance of Japan Yoshihiko Noda rate is still too early to make assessment of the amount of loss.
Earthquakes, tsunamis and the nuclear leaks had the Japanese stock markets sank in early trading last week. The Nikkei closed down 633.94 points, or slumped 6.18 percent to as low as 9620.49. Meanwhile, the broader Topix index slumped 68.55 points, or 7.49 percent, to 846.96 level. This is the biggest fall in Japanese stock exchange since October 2008.
With the damage is so great, certain to paralyze activity in several regions of Japan. The decline in Japan's economy was inevitable. So how about the impact on Indonesia
Chairman of Indonesian Chamber of Commerce or Chamber of Commerce and Industry, Suryo Bambang Sulistyo said the earthquake and tsunami in Japan at least have an impact on five aspects related to economic relations between Indonesia and Japan. The five aspects included Japan as the largest creditor to Indonesia, Japan as a significant trading partner for Indonesia, and Japan as the second largest investor to foreign direct investment in Indonesia.
Two other aspects are Japan as a supplier of tourists or tourists who visited Indonesia and state aid for various development projects in Indonesia. Therefore, Indonesia needs to prepare a number of measures related to anticipated impacts. "We have to get ready and anticipatory of the possibilities that could have an impact on our economy
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