Due to the shortage of spare parts caused by the expansion of the epidemic in Southeast Asia, six Japanese car companies, including Toyota, plan to cut production by more than 1 million vehicles in the 2021 fiscal year ending in March next year, comparable to the 2020 fiscal year when the expansion of COVID-19 's epidemic led to large-scale production cuts.

Toyota announced on Friday that it would cut its global production target for fiscal year 2021 to 9 million vehicles, 300000 fewer than it planned at the beginning of the year. NissanA production reduction of 250000 vehicles for the whole year has been announced. Honda expects sales to fall by 150000 vehicles for the full year as a result of the production cuts.

The one most affected is Suzuki, which plans to cut production by 350000 vehicles, equivalent to about 10 per cent of output in fiscal year 2020.

In addition, Mazda plans to cut production by 70,000 vehicles, Mitsubishi Motors plans to cut production by 40,000 vehicles, and Subaru plans to cut production by 40,000 vehicles.