Panasonic Holdings to Implement Group Restructuring in FY 2025
Osaka, Feb. 5 (Jiji Press)--Japan's Panasonic Holdings Corp. has said it will carry out group restructuring measures in fiscal 2025, including considering the possibility of scaling back some home electronics operations such as the television business.
According to the company's announcement on Tuesday, it will disband Panasonic Corp., the group's core operating firm, and its in-house companies will be converted into operating firms. One of the new operating firms will consolidate home electronics operations that are currently dispersed across the group to work on restoring their profitability.
(2025/02/05-14:41)
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