
The two giants Nippon still show losses for the fiscal year just ended but face the future with optimism.
At Panasonic, 2009-2010, ends with a net loss of 788 million euros, while its turnover stood at 56 billion, down 4.5%. In contrast, the last quarter of the year ended with an operating profit of 518 million, while last year, the last quarter had ended with a loss. The group felt the effect of its plan to reduce costs and as its competitors, it has benefited from electronic goods to the end of the year.
The electronics giant that has completed the purchase of his compatriot Sanyo has benefited from strong performance of the latter. Sanyo, a leading manufacturer of rechargeable batteries, reported strong sales growth, particularly through the production of hybrid and electric vehicles.
For next year, Panasonic provides an increase in its operating profit by 31%. The leaders, however, said in a statement that market conditions would be "unpredictable" due to the fluctuation of the yen and the ever-increasing global competition, despite the recovery.
For its part, Toshiba Group has posted a loss of 150 million for its fiscal year against a net loss of 2.6 billion the previous year. But leaders of the conglomerate Nippon rely on an increase of 9.7% of sales in 2010, 2011.
"All our activities, with the exception of the most recorded marginal profits to rise or when an improvement remained in deficit," said the leaders of Toshiba in a statement.
Overall digital products have experienced a decline. Energy and infrastructure have achieved good results particularly in the nuclear power plant equipment. However, equipment buildings and transportation have been bleak.
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