Japanese Bathtub Makers Halt Orders as Material Shortages Bite

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Major Japanese home equipment supplier Cleanup Corp. has suspended orders for its popular bathroom units, the latest in a string of companies suffering material shortages as the Iran conflict stretches on.Tokyo-based Cleanup will stop taking orders from Wednesday, the company announced in a statement on its website. “Due to escalating tensions in the Middle East, it has become increasingly difficult to procure raw materials,” the company said. It didn’t give an expected resumption date. Shares fell 0.8% to 904 yen.