The iShares MSCI Japan Index Fund (NYSEArca: EWJ) was down fractionally Monday after Toyota (NYSE: TM) said its car production fell in March due to the earthquake and tsunami, while Ford (NYSE: F) said it will suspend work at three plants in a move related to the quake.
Toyota on Monday said its car production in Japan fell about 63% in March due to a parts supply shortage in the aftermath of the quake, Reuters reported.
Also Monday, Ford said it has idled a trio of overseas factories to conserve auto parts, according to a separate report.
Toyota is the top holding in the $7.4 billion Japan ETF, which was down 6.7% for the three months ended April 21, according to Morningstar.
iShares MSCI Japan Index Fund
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