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Japanese Earthquake/Tsunami


offshore

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The horrible disaster is now having its effect, even on the watch business.

Just received notification that Japanese capacitors/accumulators are in short supply, and will remain so indefinetly.

Gotta wonder what effect it has had on production lines at Seiko and Citizen, and in parts supply to a multitude of other watch makers who use their movements and other supplies.

My man tells me that capacitors will be VERY scarce for a long time, and there is some downturn in battery production, although battery plants in other countries are taking up some of the slack ( Read China) So all those who have demanded Japanese manufactured batteries, and shun Chinese, are going to have no option in the future.

I know that Toyota in Australia has gone to half shift in their vehicle assembly plants...wonder how many other industries are being hurt by lack of component or material supplies?

Offshore

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