Matsushita Electric Industrial Co. Friday said that by the end of 2019 three of the 2019 fiscal year, the company batteries and other energy services revenue will reach 3 trillion yen (about 32 billion U.S. dollars).
Matsushita Electric Industrial Co. expects fiscal year 2019, the company’s total revenues will reach 10 trillion yen, batteries and other energy services revenues will account for about one-third of total revenues. In the next six years, the Matsushita Electric Industrial Co. Sanyo Electric’s solar cells will be injected about 1,000 business billion yen. Matsushita Electric announced in December 2009, Sanyo Electric’s stake in a public stock purchase on December 9 was formally completed, the former to obtain a majority stake in the latter. Matsushita Electric Industrial Co. to pay for this transaction a total of 43 billion dollars.
Matsushita Electric Industrial president Fumio Ohtsubo (Fumio Ohtsubo) said, “to accelerate expansion of our energy-related businesses, will be working with Samsung Electronics, the most effective way to compete.” As the world’s largest plasma TV maker Matsushita Electric Industrial Co. expects fiscal year 2019 operating margins and return on assets will be at least 10%. 29000 in the global job cuts and spending cuts ¥ 200,000,000,000, after losses at the Matsushita Electric Industrial Co. are expected in the next fiscal year will be re-return to profitability.
Bloomberg News survey of analysts on average expect the current, Matsushita Electric at the end of 2010, three of the 2010 fiscal year net loss of 1130 billion yen as of the end of 2011, three of the 2011 fiscal year net profit will reach ¥ 105,000,000,000.
Matsushita Electric Industrial Co. said Friday, in the integration of the experience from Sanyo Electric, the company Li-ion rechargeable battery business at the end of 2016 three of the 2016 fiscal year revenue will reach 1 trillion yen. Together with Sanyo Electric, Matsushita Electric’s objective is to occupy the global Li-ion rechargeable battery industry for at least 40% of the share.