Thousands of Japanese companies suffer from epidemic prevention in Malaysia: Sony TV factory ordered to close

According to MoneyDJ, new coronavirus pneumonia is raging around the world. In response to the threat of the epidemic, Malaysia implemented strict immigration control measures from March 18 to 31, and this measure has made more than a thousand local Japanese companies wailing, of which Sony ’s The TV factory will therefore be closed for 2 weeks. Malaysia ’s new prime minister, Mukhiddin, issued a televised speech on March 16 stating that in response to the threat of the new crown pneumonia epidemic, Malaysia will implement strict immigration control measures from March 18 to 31, that is, banning nationals from leaving the country and prohibiting foreigners Entry. Ranch Kyodo News and Nikkei reported that Sony decided on the 17th that two factories in Malaysia that manufacture televisions and other products will be temporarily closed for two weeks (March 18 to 31), mainly due to the spread of the new crown pneumonia epidemic, and it received from Malaysia Government instructions. It is understood that Sony's TV assembly plant in Malaysia is the company's main base for global TV production. Regarding the impact of the temporary shutdown on future product supply, Sony said that it is conducting an investigation. The Nikkei Business Publications reported on the 17th that Malaysia ’s “locking the country” epidemic caused Japanese companies to cry. According to a consultant company familiar with the Japanese manufacturing industry in Malaysia, after the Malaysian government announced the above news, phone calls from Japanese factory affiliates swarmed in a similar wail tone asking "Does the factory really have to stop work?" What should I do to import the required parts? "" Will the country compensate for the losses caused by the shutdown of the factory? " The consultant said that Japanese companies' supply chains will inevitably suffer a major shock. Malaysia has gathered a large number of export processing bases. According to data from the Japan External Trade Organization (JETRO), about 1,400 Japanese companies settled in Malaysia, about half of which are manufacturing industries. What will “lock the country” affect the supply chain in 2 weeks? The impact of the degree cannot yet be estimated.