About the Damage to the Chinese Manufacturing Sites of the Panasonic Group (2nd Report)
04 Ottobre 2012 - 4:54AM
Business Wire
The damage to the Panasonic Corporation
(NYSE:PC)(TOKYO:6752)("Panasonic") group manufacturing sites caused
by the anti-Japan demonstrators in China in September is as
detailed below.
1. Injury to personnel
There were no injuries to personnel.
2. Damage to buildings and equipment, and
negative impact on production
(1) Industrial Devices Company, Qingdao factory (manufacturing
electronic components such as switches)
There was damage to the building, equipment,
etc. The operations excluding certain products at the factory have
restarted. We expect to restart the full production in the middle
of October.
(2) Industrial Devices Company, Suzhou factory (manufacturing
printed-circuit board materials and printed-circuit boards)
Despite some damage to the building,
equipment, etc., there was no major damage to production equipment.
The operations at the factory restarted from September 21.
(3) Systems & Communications Company, Zhuhai factory
(manufacturing fixed-line phone)
The factory had stopped operation and
employees had stayed at home, since approximately 10 Chinese
employees made a protest. The most of operations at the factory
restarted from September 25.
3. Forecast of effect by the damage to our
business performances
There shall be no effect associated to
property damage on the consolidated financial outlook of Panasonic
for fiscal year ending March 31, 2013.
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