China row damage toll ¥10 billion


The anti-Japan riots that shook Chinese cities in September may have cost Japanese firms as much as ¥10 billion over the last two months, according to new government estimates.

The estimate includes vandalism of buildings and other physical damage, as well as indirect effects such as reduced sales, the Foreign Ministry said in a report this week.

It does not include the effects of the consumer boycott on Japan-brand goods that has badly hit auto and electronics makers.

In the riots over the Senkaku territorial dispute, Japanese nationals, businesses and diplomatic missions were targeted.

Department store Heiwado suffered ¥1.8 billion in losses and was forced to suspend operations for 1½ months.

The Aeon group incurred a loss of ¥700 million because of the destruction of a supermarket, the Asahi Shimbun reported.