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Daihatsu Faces Potential Losses of Over 100 Billion Yen Due to Plant Shutdown

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Daihatsu,Losses,Plant Shutdown

Japanese automaker Daihatsu could suffer significant losses from its plant shutdown and compensation to suppliers. The production halt is expected to last until the end of January, and the company may face its first losses in 30 years if consolidated earnings turn negative.

Japanese automaker Daihatsu is estimated to suffer over 100 billion yen in losses due to its plant shutdown and financial compensation to suppliers. The production halt is expected to last until the end of January.

The company will also need to negotiate with suppliers for lost income and incur expenses for investigations and safety tests. If the scandal pushes consolidated earnings into the red, it would be the first such losses in 30 years.

 

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