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 »


Amazon Fire HD 6 is a really good value tablet. The Amazon Fire HD 7 isn't. Amazon Fire HD 6 and Amazon Fire HD 7 review play video

Amazon Fire HD 6 is a really good value tablet. The Amazon Fire HD 7 isn't. Amazon Fire HD 6 and Amazon Fire HD 7 review

The Amazon Fire HD 6 is a really good value tablet. And Amazon Fire HD 7 not so much. Here's why.
watch video »


iPad Air 2 review. The big iPad now even better - but don't upgrade if you already have an Air play video

iPad Air 2 review. The big iPad now even better - but don't upgrade if you already have an Air

Apple has made the iPad Air 2 even thinner, added an anti-reflective screen coating, a faster processor and Touch ID. Is it the right tablet for you? Find out in our iPad Air 2 review
watch video »




IDG UK Sites

Microsoft Band UK release date and price rumours, features and specs: Microsoft smartwatch unveiled

IDG UK Sites

Why Sony's PS4 2.0 update is every gamer's dream (well, mine at least)

IDG UK Sites

This Grolsch ad combines stop-motion & CG for majestic results

IDG UK Sites

Apple rumours and predictions for 2015: What to expect from Apple in 2015