Japanese firms affected by coronavirus outbreak
The coronavirus outbreak is increasingly weighing on Japanese companies that do business in China.
Toyota Motor has decided to further postpone the resumption of operations at its factories in four cities, including Tianjin and Guangzhou. They will remain closed at least until February16 .
Honda Motor says it will postpone the re-opening of its plant in Wuhan, the epicenter of the outbreak, at least until the week of February 17. The automaker previously said it planned to re-start production on or after Friday.
Mitsubishi Motors also postponed the reopening of its factory in Fuzhou till the week of February 17.
Cosmetic maker Shiseido’s factories in Beijing and Shanghai will remain closed till February 17, while confectionery maker Ezaki Glico will keep its factory in Shanghai closed till Tuesday.
https://www3.nhk.or.jp/nhkworld/en/news/20200209_19/amp.html
I’m NOT buying a Honda.
Scott Gottlieb, MD
@ScottGottliebMD
Growing indications that U.K. may have community transmission of #coronavirus in Britain
https://twitter.com/ScottGottliebMD/status/1226522056654761986
https://www.thetimes.co.uk/article/uk-faces-major-coronavirus-outbreak-warns-world-expert-wxf628g75