Case Study on Japan Natural Calamity Happened After That Business Impacts free essay sample

Case study On Japan Natural Calamity happened after that Business Impacts: (IST )12th Mar 2011 (Saturday) The day came again for the Japan when it was struck with a big disaster after the 2nd world war, but this time it was a natural calamity. Earthquake was of 8. 9 measured on the rector scale. Epicenter approx. 70 km east of the Oshika peninsula and the hypocenter was deep in the sea approx 32km in depth. It was the most powerful known earthquake to have hit Japan, and one of the five most powerful earthquakes in the world overall since modern record-keeping began in 1900. The earthquake triggered extremely destructive tsunami waves of up to 40. 5 metres (133 ft) in Miyako, Tohoku. The tsunami which brought destruction along the Pacific coastline of Japans northern islands and resulted in the loss of thousands of lives and devastated entire towns. The actual height predicted of the tsunami varied, the greatest being for Miyagi at 6 m (20 ft) high. Casualties The National Police Agency has confirmed 15,709 deaths,5,717 injured,and 4,626 people missing across eighteen prefectures. Of the 13,135 fatalities recovered by 11 April 2011, 12,143 or 92. % died by drowning. Victims aged 60 or older accounted for 65. 2% of the deaths, with 24% of total victims being in their 70s. Damage and Business effects The degree and extent of damage caused by the earthquake and resulting tsunami were enormous, with most of the damage being caused by the tsunami. Estimates of the cost of the damage range well into the tens of billions of US dollars. An estimated 230,000 automobiles and trucks were damaged or destroyed in the disaster. Damage of the Power Station: ;;According to Tohoku Electric Power (TEP), around 4. million households in northeastern Japan were left without electricity. [198] Several nuclear and conventional power plants went offline after the earthquake, reducing TEPCOs (Tokoyo Electricity Power Company)total capacity by 21 GW. Ja pan declared a state of emergency following the failure of the cooling system at the Fukushima I Nuclear Power Plant, resulting in the evacuation of nearby residents. Japanese Nuclear and Industrial Safety Agency reported that radiation levels inside the plant were up to 1,000 times normal levels. nd that radiation levels outside the plant were up to 8 times normal levels. Later, a state of emergency was also declared at the Fukushima II nuclear power plant about 11 km south. It was reported that radioactive iodine was detected in the tap water in Fukushima, Tokyo. Radioactive cesium and iodine were also detected in the soil in some places in Fukushima. Food products were also found contaminated by radioactive matter in several places in Japan. A fire occurred in the turbine section of the Onagawa Nuclear Power Plant following the earthquake Damage to the Oil Gas Production A 220,000-barrel-per-day[208] oil refinery of Cosmo Oil Company was set on fire by the quake at Ichihara, Chiba Prefecture, to the east of Tokyo,[209] It was extinguished after ten days, killing or injuring six people, and destroying storage tanks. Others halted production due to safety checks and power loss. The city-owned plant for importing liquefied natural gas in Sendai was severely damaged, and supplies were halted for at least a month. Damages To The Transportation: Japans transport network suffered severe disruptions. Many sections of Tohoku Expressway serving northern Japan were damaged. The expressway did not reopen to general public use until 24 March 2011. All railway services were suspended in Tokyo, with an estimated 20,000 people stranded at major stations across the city. A tsunami wave flooded Sendai Airport. Narita and Haneda Airport both briefly suspended operations after the quake Damages To The Telecommunications Cellular and landline phone service suffered major disruptions in the affected area. On the day of the quake, American broadcaster NPR (National Public Radio)was unable to reach anyone in Sendai with working phone or Internet. Internet services were largely unaffected in areas where basic infrastructure remained, despite the earthquake having damaged portions of several undersea cable systems landing in the affected region. After the earth quake tsunami some of the some of the American , deutsche German telecom companies offered free calls to the Japan for the limited time. Damages To The Space center JAXA (Japan Aerospace Exploration Agency) evacuated the Tsukuba Space Center in Tsukuba. The Center, which houses a control room for part of the International Space Station, has been shut down, with some damage reported. Damages To The Cultural Properties Five hundred and forty-nine Cultural Properties were damaged, including five National Treasures one hundred and forty-three Important Cultural Properties one hundred and twenty Monuments of Japan seven Groups of Traditional Buildings; and three Important Tangible Folk Cultural Properties. Overlook And Aid : The aftermath of the earthquake and tsunami included both a humanitarian crisis and a major economic and Business impact. The tsunami resulted in over 300,000 displaced people in the Tohoku region, and shortages of food, water, shelter, medicine electricity fuel for survivors. In response the Japanese government mobilized the Self-Defence Forces, while many countries sent search and rescue teams to help search for survivors. Aid organizations both in Japan and worldwide also responded, with the Japanese Red Cross reporting $1 billion in donations. The economic impact included both immediate problems, with industrial production suspended in many factories, and the longer term issue of the cost of rebuilding which has been estimated at ? 10 trillion ($122 billion). This earthquake and tsunami badly affected all the business running in the country.