Recently the Asahi News reported the following:
It was understood that in Ishinomaki City, the number two city in Miyagi Prefecture the enterprise that had been flooded by the tsunami of the East Japan great earthquake had reached 70%. As the corporations concentrated their location at the coastal region of the port, the damage increased. On the 7th, the Tokyo Shoko Research northeast branch office brought together its investigation. There were about 2600 company enterprises that had the headquarters in Ishinomaki city, and 1749 companies or 67.3% were flooded. The number of regular employee alone was 18,000 people. Tokyo Shoko Research thought that "There could be a dismissal, too, if the business cannot be restarted". Annual sales of the flooded enterprises was about 472 billion yen, representing 73.0% of the city's total enterprise sales. As for the types of industries, manufacturing including the seafood processing was the key industry and was the highest, standing at 121.3 billion yen.
It will take some time before the business activities in the region could recover.