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Business

Panasonic pins hopes on outsider 'catalysts'

Focus on corporate clients and AI could restore growth, but change won't be easy

Yasuyuki Higuchi

TOKYO -- Consumer electronics maker Panasonic has been bringing in fresh blood to shake up the company's management and turn the struggling company's fortunes around.

Among the outsiders tasked with the job is Yasuyuki Higuchi, a former chairman of Microsoft Japan, who in April returned to his old employer as a senior managing executive officer. "I want to trigger change," he said.

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