Canon says the earthquake and subsequent tsunami that devastated Japan last month will have an impact on its consumer products business locally.
As a result of the damage to the Canon operations, and those of its suppliers in the areas most affected by the disaster, the company says there will be product shortages across its entire camera range, including cameras, videos, lenses and parts for camera repairs.
Canon expects supply shortages will start to impact from around the middle of April and will continue to be felt through the middle of the year and potentially into the third quarter of this year.
There will be minimal impact on the supply of Canon consumer printing and consumable stocks; therefore only minor supply shortages in the coming months, the company said in a statement.
In response to the disaster, the Canon Group globally has donated 300 million yen ($NZ 4.9 million) for the Japanese Red Cross Society and other humanitarian aid organisations.
The quake is also hurting other manufacturers, from other consumer electronics companies to automotive giant Toyota.
Apple is among those affected.
A shortage of components sourced from Japan (including batteries and Flash memory) is behind iPad 2 shortages, according to market tracker iSuppli.com (after a quick handful of tablets sold out on its March 25 "launch"; New Zealand shelves have been bare, although Apple is taking online orders with a three to four week lead time).
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- National's 10% poll jump isn't believable - but the party's support does seem to be holding up
- Nevil Gibson's Editor's Insight names those most affected by the phase-out of ETS subsidies
- Restaurant Brands' Ted van Arkel explains why the market is tougher in Australia
- Forsyth Barr's Rob Mercer on the New Zealand sharemarket's departure from fundamentals
- Sunday Business with Andrew Patterson