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03/14/2011 11:58:13 AM · #1 |
Certainly self-centered of me to think of the pipeline. I do care more about the suffering of the Japanese people, compared to my plan to replace equipment this summer. Just expressing my concern on all fronts.
"Canon, Inc. (CAJ): A global manufacturer and designer of cameras and digital imaging technology, commands 44.71B in total revenue. Market cap stands at 55.92B. Its forward annual dividend rate is 1.17 and dividend yield is 2.50%. As of Sunday, March 13, 2011, the company reports several power outages and damage to its centers in Japan including three operating sites and five Canon group companies and two offices. Eight operation sites (plants, companies, offices) in earthquake-ravaged northern Honshu area are reported to be shut down for March 14, 2011." |
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03/14/2011 12:50:55 PM · #2 |
| There will be impacts across Electronics and Technology sectors. Japan still accounts for about 16.5% of global consumer electronics revenue, and many companies sustained damage in the quake. Nikon has a major manufacturing plant in Sendai, a city that was among the hardest hit by the tsunami. Japan's Tsukuba Space Center was closed due to damage. The full scale of the economic impact of the disaster will not be known for some time. |
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03/14/2011 12:59:48 PM · #3 |
I don't know how severe the impact will be on the supply chain for Japanese goods, but there will be an impact.
I have been considering picking up a Olympus E-PL2 micro 4/3 camera (an update to the E-PL1 that I currently own). Considering the potential impact, I bought it on Saturday.
Japan has far more critical issues to deal with for a while than making sure the world has a ready supply of new cameras.
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03/14/2011 01:02:36 PM · #4 |
Originally posted by scarbrd:
...Japan has far more critical issues to deal with for a while than making sure the world has a ready supply of new cameras. |
They sure do, but of course the health of their industrial base is critical to their economy, so getting it back up and running has got to be one of their top priorities. |
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03/14/2011 01:03:20 PM · #5 |
Lots of major manufacturers have facilities/factories in the area, and I heard that many were planning to be closed today to ease pressure on the crippled electricity generation/distribution system.
I just heard that one, and possibly all three, of the damaged nuclear reactors is/are starting to melt down ... :-( |
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03/14/2011 01:33:48 PM · #6 |
Originally posted by GeneralE:
Lots of major manufacturers have facilities/factories in the area, and I heard that many were planning to be closed today to ease pressure on the crippled electricity generation/distribution system.
I just heard that one, and possibly all three, of the damaged nuclear reactors is/are starting to melt down ... :-( |
the rods are starting to melt, no meltdown yet. lets keep our fingers crossed. |
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