Impact on stocks 7
Cyberattack caused system failure, halting operations and disrupting shipments, with uncertain recovery timeline.
Nichirei partially resumed operations on the 17th for refrigerated warehouse loading and unloading, as well as frozen food shipments, which had been halted due to a system failure caused by a cyberattack. However, the pace of recovery varies by site, and the timeline for a full return to pre-incident conditions remains unclear. As a result, Kura Sushi and Kentucky Fried Chicken Japan have suspended sales of some products, while Aeon and Don Quijote are also experiencing shortages of frozen foods. Ezaki Glico has seen delivery delays for about 20 percent of its ice cream products and has begun alternative transportation. Nichirei Logistics Group is one of Japan's largest low-temperature logistics companies, serving approximately 5,000 clients, raising concerns about widespread impact.
Cyberattack caused system failure, halting operations and disrupting shipments, with uncertain recovery timeline.