Toyota City Businesses Worried by Toyota Shock II

An article in Time today describes the worries of small businesses in Toyota City; where 77,000 of a total of 420,000 inhabitants work directly for Toyota; and the majority of the rest of whom either work for Toyota's supply chain or whose businesses indirectly service those workers.

The article describes a pharmacy whose sales are still 20% below levels achieved before the Toyota Shock and cafes whose sales are 50% down.

The article describes the unease felt in Toyota City and in the greater Nagoya region from Toyota's current Prius recall problems http://www.reuters.com/article/idUSTRE61851220100209 ("Toyota Shock II") which was decimated by the impacts of the Toyota Shock.

http://www.time.com/time/world/article/0,8599,1963322,00.html

Nagoya Shock - Mark II

Shukan Taishu describes how Toyota's problems have extended into the "pink" businesses around Toyota City; with decreasing demand caused by Toyota's problems (which have impacted salaries in the area) filtering down into the entertainment industries.

http://www.tokyoreporter.com/2010/02/03/toyotas-tremors-send-sex-businesses-sagging-in-japans-detroit/