Sanyo Electric Co. expects to post a group net loss for the second consecutive year in the business year ending in March 2010, company officials said Friday.

Although the company was initially projected to break even, it now plans to book billions of yen in extra costs for a voluntary retirement program and a recall of washer-dryer units, they said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.