ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Panasonic targets 'high-growth' return on investment

Electronics giant's auto-related business spearheads expansion

Panasonic President Kazuhiro Tsuga announces business results for fiscal 2016 at a press conference in Tokyo on May 11.

TOKYO -- After a year of biding its time, Panasonic looks ready to turn bullish again. At the beginning of the fiscal year through this past March, the Japanese electronics giant said it would retract a mid-term target of 10 trillion yen ($88.9 billion) in sales, and concentrate on investing to lay the foundations for future growth.

For fiscal 2017, the business expects to see an increase in group net profit for the first time in two years. But there may well be a number of pitfalls on the way.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more