The world’s largest automaker announced on Tuesday that it had halted operations at all 14 of its manufacturing facilities in Japan due to a manufacturing system malfunction, halting domestic production.
The malfunction prevents Toyota from ordering components, and its cause is being investigated, though a spokesperson stated that it is “likely not due to a cyberattack.”
Toyota suspended 12 facilities in its home market on Tuesday morning and added two more in the afternoon, according to a company spokesperson. It was unknown how much productivity would be lost.
The facilities account for approximately one-third of the automaker’s global output, according to calculations by Reuters.
After a succession of output cuts attributed to a shortage of semiconductors, Toyota’s domestic production was on the rise again. January-June saw a 29% increase in output, the first such increase in two years.
Toyota Halt Operations Due Supplier’s Cyberattack
According to calculations by Reuters, its average daily output in Japan during the first half of the year was approximately 13,500 vehicles. This excludes vehicles manufactured by Daihatsu and Hino.
A supplier’s cyberattack suspended operations for one day last year, impeding Toyota’s ability to obtain parts. Toyota resumed operations through the utilization of a backup network.
Tuesday’s occurrence is having repercussions. Corporation Toyota Industries
Due to the automaker’s error, it has temporarily halted operations at two engine facilities.
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Reduces Costs Yet The Production Put at Risk
Toyota is the pioneer of just-in-time management of inventory, which reduces costs but puts production at risk if supply chain problems occur.
In recent days, Japan’s corporate sector has been on high alert as businesses and government offices have reported receiving harassing phone calls.
The government stated that the calls likely originated from China and were associated with Japan’s discharge of treated radioactive water into the Pacific Ocean from the damaged Fukushima nuclear power plant.
In afternoon trading, Toyota’s share price rose 0.12% to 2,439 yen after spending the majority of the morning in the red.
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