In the immediate aftermath of the earthquake, which struck in midafternoon, factories shut down, railways stopped running and roads, ports and airports closed. Markets remained open, but a lack of power and a disruption of the mobile networks curtailed trading after the temblor struck.
Some of Japan's biggest companies were affected:
- Nissan Motor Co., Ltd. (PINK: NSANY) halted production at four factories in the area hit.
- Toyota Motor Corporation (NYSE ADR: TM) closed two assembly plants and a parts factory.
- And Sony Corporation (NYSE ADR: SNE) closed six factories.