It is to be expected after being hit by the biggest Earthquake in record.
Damage are abundant and hitting Japan's Industry really hard.
Many manufacturer are closing their factory in related to this Disaster.
Some of them are Toyota and Honda.
They have to shut their factory because their Supplier are being hit hard by the Tsunami.
Of course this will cause to the country as a whole as Japan is one of the biggest car exporter.
This few days Nikkei's are falling down as well as U.S S&P200.
Read detail report here:
http://www.guardian.co.uk/world/2011/mar/13/japan-economy-recession-earthquake-tsunami
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