US Stock Movements | Toyota Motor rises nearly 5% pre-market as it swiftly resumes production after the Kumamoto earthquake to mitigate suspension impact

Glonhui July 29｜Toyota Motor (TM.US) is up another 4.8% in US pre-market trading, having risen for three consecutive days and hitting a new phase high. According to reports, the 7.1-magnitude Kumamoto earthquake previously led to the suspension of production at Toyota Kyushu’s three factories in Fukuoka Prefecture on July 28. Toyota announced that these three factories resumed production on the morning of July 29. Earlier, the market was concerned that a disruption in the semiconductor supply chain might impact Toyota's production capacity. However, the rapid resumption of factory operations, staff safety confirmation, and no major equipment damage reports have alleviated investors' expectations of losses due to production suspension.