Panasonic on track to finish reforms in '14

Jun 26, 2014

Panasonic on track to finish reforms in '14

The president of Panasonic Corp. said Thursday that the electronics giant’s restructuring will be completed this fiscal year and be used as a springboard for reaching group sales of ¥10 trillion in fiscal 2018. “We will position the current business year as the time ...

Jun 25, 2014

Five Japanese firms among top 10 global green brands

U.S. consulting firm Interbrand said Tuesday that five Japanese companies were among the 10 best global green brands in 2014, recognizing their work on tackling environment problems. Ford Motor Co. took the top spot for its commitment to electric vehicles, ousting Toyota Motor Corp., ...

LED bulbs develop color customizing options

Jun 2, 2014

LED bulbs develop color customizing options

by Satoshi Toi

Light-emitting-diode bulbs are becoming a new tool for customizing home or office lighting environments. In November last year, Naomi Watanabe, who teaches at an elementary school in the evenings, installed a Panasonic Corp. LED ceiling light system in her classroom at a private home ...

Panasonic, Sharp pull up as Sony lags

May 15, 2014

Panasonic, Sharp pull up as Sony lags

by Kazuaki Nagata

Vigorous streamlining efforts paid off for Panasonic Corp. and Sharp Corp., two of Japan’s three major electronics firms, in fiscal 2013, but Sony Corp. struggled to rebuild as its mainstay businesses continued to lose money. Thanks to drastic cost-cutting efforts and a restructuring of ...

Panasonic returned to profit in '13

Apr 28, 2014

Panasonic returned to profit in '13

Panasonic Corp. said Monday it had returned to the black for the first time in three years with a net profit of ¥120.44 billion for the year ending March, assisted by the positive effects of its restructuring efforts as well as increased sales in ...

Apr 21, 2014

Panasonic to cultivate greenhouse farming biz

Panasonic Corp. said Monday the group will enter into the farming business with a newly developed low-cost vinyl greenhouse production system. The leading home electronics maker’s subsidiary will launch the system utilizing natural energy sources during the current business year through next March, targeting ...

Panasonic hesitant about investing in Musk's huge Tesla battery factory

Mar 28, 2014

Panasonic hesitant about investing in Musk's huge Tesla battery factory

Panasonic Corp., Tesla Motors Inc.’s primary supplier of lithium-ion battery cells for its electric Model S sedans, has not committed to investing in a massive U.S. battery plant proposed by Tesla’s Elon Musk. Joining Tesla’s “Gigafactory” battery project would raise investment risks, Panasonic President ...

Mar 14, 2014

Panasonic retakes top spot in patents

Panasonic Corp. reclaimed the top spot in international patent filings in 2013, overtaking Chinese telecommunications equipment maker ZTE Corp., the top filer in 2011 and 2012, the World Intellectual Property Organization said. Panasonic filed 2,881 applications, down 109 from the previous year, followed by ...

Panasonic China staff  get pay for pollution

Mar 13, 2014

Panasonic China staff get pay for pollution

Electronics giant Panasonic said Thursday it will give employees sent to China a wage premium to compensate for the country’s hazardous air pollution, in a possible first for an international company. The move was part of a wider deal reached in the annual labor ...