Toyota warns earthquake contingency plans could be ‘an endless endeavour’

Toyota's Takahiko Ijichi sheds light on the OEM's efforts to mitigate the impact from natural disasters like the earthquakes that hit Japan in April. By Megan Lampinen

The earthquakes that struck Japan’s island of Kyushu on 14 April and in the days that followed have provided a timely reminder of the importance of business continuity plans (BCPs) for everyone. The April quakes were the strongest recorded in Japan since 2011 and have caused a disruption in normal operations for several key automotive players, including Toyota. Koichi Sugimoto, an analyst at Mitsubishi UFJ Morgan Stanley, estimates that the quake could dent Toyota's operating profit by ¥30bn (US$274m).

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