Panasonic Effect of Earthquake in the Tohoku Region on Business Operations (2nd Report)
01 Aprile 2011 - 10:59AM
Business Wire
Panasonic Corporation (NYSE:PC)(TOKYO:6752)("Panasonic") extends
its sympathy 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 April 1,
2011, 11:00 a.m. JST)
(1) Damage to personnel
Panasonic has confirmed the safety of all
employees. Some minor injuries to the employees are reported.
(2) Damage to our production
AVC Networks Company Fukushima Factory
(manufacturing digital cameras) and AVC Networks Company Sendai
Factory (manufacturing optical pickups) restarted partial
production operations today.
Plants that have restarted production
operations are:
- SANYO Electric Co., Ltd. Tokyo Plant
located in Gunma (manufacturing commercial air conditioners,
showcases etc): Production operations restarted from March 14.
- AVC Networks Company Yamagata Factory
(manufacturing Digital camera lens unit, SD memory cards): Partial
production operations restarted from March 22.
- AVC Networks Company Utsunomiya Factory
(assembling LCD TVs): Partial production operations restarted from
March 22.
- Panasonic Electric Works Koriyama Co.,
Ltd. (manufacturing electronic materials): Production operations
restarted from March 23.
While placing priority on the
safety of Panasonic's employees and in cooperation with the planned
power outages scheduled by Tokyo Electric Power Co. and Tohoku
Electric Power Co., Panasonic is preparing to resume production at
factories in the affected region.
2. Forecast of effect by the damage to our
business performances
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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