In response to the issue of fraudulent acquisition of national certification by automobile manufacturer Daihatsu Motor Corporation, Minister of Economy, Trade and Industry Saito has requested that government-affiliated financial institutions across the country provide financing support, citing concerns about financing from many business partners. We have set up a consultation desk to provide detailed support.
In response to Daihatsu suspending operations at all of its automobile factories in Japan due to issues with fraudulent acquisition of national certification, the Ministry of Economy, Trade and Industry issued a sales order to Daihatsu's business partners from late December to mid-January. We conducted a survey on the impact of
Regarding this, Minister of Economy, Trade and Industry Saito said at a press conference after the Cabinet meeting on the 19th, ``As a result of the survey, we received many voices of concern about financing, and some small and medium-sized enterprises that do a lot of business with Daihatsu are experiencing a decline in sales.'' It turns out that there are a significant number of businesses facing this problem."
In addition, Minister Saito announced that starting on the 19th, consultation desks for financial support had been set up at government financial institutions, chambers of commerce and industry, etc. across the country.
In addition, when small and medium-sized enterprises that are expected to see a decline in sales borrow, the Credit Guarantee Association provides a special measure called "Safety Net Guarantee No. 2," which guarantees 100% of the loan amount up to 280 million yen. They explained that it would be implemented from the 26th of May.
Minister Saito stated, ``I strongly urge Daihatsu Motor Corporation to continue to respond in a courteous manner that is close to its business partners, and the government will provide detailed support to businesses that are suffering from the effects of the production stoppage.''