Panasonic joins Sony on asset-light bandwagon

Blue Yonder deal set to boost intangible assets over physical this year

20211019N Panasonic

Panasonic is one of a number of electronics companies, including compatriot Sony Group, pursuing a more asset-light strategy. © Reuters

TEN UMEKUNI, Nikkei staff writer

OSAKA -- Panasonic will own more intangible assets than fixed assets for the first time by the end of this fiscal year, as it shifts its investment focus from traditional manufacturing to areas like software.

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