Japanese electronics makers may be in for a rethink of the country's manufacturing strategy as Toshiba Corp. is set to proceed with an overhaul of loss-making operations in the wake of an accounting scandal.
The restructuring plan unveiled in late December for the personal computer, television, and home appliance units has exposed the difficult task of returning to profitability for the 140-year-old industrial conglomerate that has become a household name.
Another electronics maker, Sharp Corp., is also struggling to get back on its feet as it continues to lose money in its liquid crystal display business, bringing into focus its strategy for survival heading into 2016.