National currency creates many problems for Japanese exporters, and local electronics manufacturers also suffer from intense competition from Korean rivals. Here adds some systemic problems the Japanese economy, and debt.
The Japanese giant Panasonic accepted new restructuring plan . Priorities , for example, the production of components for cars. This does not mean that Panasonic will not release microelectronics - just it will be applied in same car, not consumer devices. The next two years will be spent to restructure about $ 2.7 billion on the full scale of staff cuts have not been announced - the corporation has laid off about 40,000 employees, the remaining staff more than 300 thousand people.
Panasonic will sell Nippon Express, searching for an investor for the business of producing medical equipment . In the next financial year, the net profit Panasonic will be $ 530 million, and by 2016, the company expects to make a profit from operations of around $ 3.7 billion annually. The rate of return should by this time held at the level of 5%. Current fiscal year Panasonic completes with a net loss.
Just now for Panasonic it is profitable to produce batteries for electric vehicles and multimedia systems for cars, as well as a variety of devices for smart homes with energy-saving features. Optimization of organizational structure will allow Panasonic's core business units to independently design and produce products, rather than relying on the adjacent units.