OSAKA — Matsushita Electric Industrial Co. plans to transform some of its group firms into wholly owned subsidiaries as part of efforts to reorganize its group businesses and make operations more efficient, company sources said Tuesday.
The firms include listed companies Matsushita Kotobuki Electronics Industries Ltd., Kyushu Matsushita Electric Co. and Matsushita Communication Industrial Co., as well as the unlisted firm Matsushita Graphic Communication Systems Inc., they said.
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