We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message

Video: Businesses still rebuilding 12 months after tsunami in Japan


Three weeks after a magnitude-9 earthquake triggered massive tsunami waves along Japan's northeast coast, mud, cars and debris were still piled high around a Sony factory in TAH-GAH-JOE.

A year later, most of the debris is gone, although repairs continue.

The streets around the factory have largely been cleared, though a few homes have been abandoned.

Today at the factory workers enter as repairs continue, they walk by dump trucks and large cranes on their way in, and park across the street from a lot piled high with stacks of smashed vehicles. Sony declined interviews and requests for access to the factory.

The plant is located is in Tagajo, a sleepy suburb of 61,000 residents. They were spared the utter devastation of other communities nearby, the 189 dead or missing a small portion of the 19,000 overall in Japan.

The factory is Sony's main production base for high-end video tapes, blank Blu-ray Discs, and other media products.

Sony is facing $3 billion in losses during the current fiscal year that runs through this month, weighed down by one-off costs like the earthquake and flooding in Thailand, but also because it’s struggling in a tough economy where consumers have plenty of options from foreign competitors.  Incoming CEO Kazuo Hirai hasn’t ruled out more job cuts.

All along Japan's coast, a similar dynamic is unfolding. For residents that banded together in the days and months after the disaster, the adrenaline of surviving the first year is fading, and they are again faced with the reality of a stagnant economy.

With reporting by Jay Alabaster and Martyn Williams in Japan, Nick Barber, IDG News Service.

Video Source: IDGNS Boston
Article Author:
Video Category: News

Share this video



Comments

Most Popular Videos
5 reasons why PCs are better than Macs: Mac vs Windows PC - which is best? play video

5 reasons why PCs are better than Macs: Mac vs Windows PC - which is best?

What is best: Mac or PC? Here we examine five key areas, and help you to decide if you should buy a Mac or a Windows PC or laptop. (Answer: get a Windows machine.)
watch video »


LG G Watch R video review: The most desirable Android Wear smartwatch play video

LG G Watch R video review: The most desirable Android Wear smartwatch

To rival the Moto 360, LG has the G Watch R and here we explain why it's a better Android Wear smartwatch.
watch video »


Google Nexus 6 video review: The giant Android Lollipop smartphone play video

Google Nexus 6 video review: The giant Android Lollipop smartphone

We attempt to get our hands and heads round the huge Nexus 6 smartphone from Google and Motorola.
watch video »




IDG UK Sites

Best Christmas 2014 UK tech deals, Boxing Day 2014 UK tech deals & January sales 2015 UK tech...

IDG UK Sites

LED vs Halogen: Why now could be the right time to invest in LED bulbs

IDG UK Sites

Christmas' best ads: See great festive spots studios have created to promote themselves and clients

IDG UK Sites

Stop running out of cellular data on your iPhone, see which apps use the most data