ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan's key sectors prepare for virus emergency

Banks and utilities act now to keep needed services up and running

Tokyo Gas' cogeneration equipment in the basement of a building in Tokyo.

TOKYO -- Japanese companies are moving to prevent sectors vital to modern society from shutting down if the government declares an emergency over the coronavirus pandemic.

Severe restrictions on economic activities in such major metropolitan areas as Tokyo and Osaka due to a one-month emergency declaration would lead to losses of 4 trillion to 6 trillion yen ($37 billion to $55 billion), estimates the Japan Center for Economic Research. The impact would be even greater if limits on people's movements are imposed. Corporations are trying to balance the need to keep social infrastructure running and to keep their workers safe.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more