Panasonic Effect of Earthquake in the Tohoku Region on Business Operations
14 Marzo 2011 - 10:30AM
Business Wire
Panasonic Corporation (NYSE:PC) (TSE:6752) “Panasonic” extends
its condolences to everyone who has been affected by the major
earthquake in the Tohoku region of Japan on March 11, 2011. The
effects to our group as of today are as follows.
1. Damage to Panasonic Group (as of March 14, 2011,
11:00 a.m. JST) (1) Damage to personnel Some minor injuries
to the employees are reported in our group companies, including AVC
Networks Company Fukushima Factory (manufacturing digital cameras),
AVC Networks Company Sendai Factory (manufacturing optical
pickups), Panasonic Electric Works Co., Ltd. Koriyama Factory
(manufacturing electronic materials), SANYO Electric Co., Ltd.
Gunma Factory (manufacturing washer/dryers etc). We are currently
continuing to gather safety information of our personnel. (2)
Damage to equipment and buildings Any major fire and collapse of
buildings are not reported. (3) Damage to our production We are
suspending operations in the factory affected by the earthquake and
continuing to evaluate further details of the damage. 2.
Forecast of effect by the damage to our business performances The
damage caused by the earthquake is uncertain at the moment. An
announcement will be made promptly if a significant impact on
Panasonic’s consolidated financial outlook for fiscal 2011 is
foreseen.
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