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    Toyota production upstream parts and components manufacturing companies encountered difficulties

           Toyota Motor Corp. have reduced the Group this year and next year's global sales target, the industry has been linked to the impact of upstream enterprises, a number of parts and materials manufacturers have already begun to take reduction, retrenchment measures.

           July 28, Toyota has just this year's global sales target announced last December's 9.85 million down to 9.5 million; August 28, Toyota has further reduced next year's global sales target from the previous 10.4 million Were lowered to 9.7 million (including its subsidiaries of large companies and Hino's sales).

           It is reported that on the 28th that cut plan next year, global sales, while Toyota Group convened in the relevant component manufacturers about the plan next year, global production will be lowered from 7 percent the situation.

           Reported that, in fact since last month Toyota began production, the major parts suppliers have already cut its output in the United States. Electrical components are well-known company has even started to reduce the number of employees in Japan. Purim Secretary-president of Japan's Arakawa Chao four on the 28th also told reporters that production of the Toyota Division-Purim will be the impact.
      
           The report pointed out that Toyota is Japan's largest listed company, its net profit about the level of all listed companies (other than financial) of 9 percent, its stock market value of about 4 per cent of the total market value. Therefore, as long as the Toyota business slight changes will affect all parts and materials industry, and affected every aspect of the Japanese economy.


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