Sony Sharp Panasonic performance rebound day to save results

Source: Internet
Author: User
Keywords Sony Panasonic Abe economics
"Abe Economics" makes the Japanese system to make a start. Recently, Japanese electronics giants such as Sony (20.72,-1.04,-4.78%), Sharp and Panasonic (7.24,0.00,0.00%) released their first-quarter earnings (April-June), and the results are improving. Sony's first quarter net profit of 34.800 million yen, the year-on-year loss, especially Sony TV business in the quarter. Panasonic's first quarter net profit was more than 107.8 billion yen. Sharp's 4-June operating profit was also expected to reach 3 billion yen, sharp last year the final fiscal deficit of 138.4 billion yen. For the reasons for the improvement in performance, the big Three mentioned the common reason is "exchange rate changes." In the context of "Abe Economics", where the yen continues to weaken, the big Japanese giants of export business have benefited. In addition to external factors, the big three have in the past also promoted restructuring and slimming plans, which also helped improve performance. The devaluation of the yen and reform of the restructuring to help turn the profit on the results of a warmer, the impact is the yen devaluation. In the first quarter, Sony swung, sales rose 13% to 1.7 trillion yen, and operating profit grew nearly five times times to 36.35 billion yen. Sony said sales growth was mainly due to the positive effects of the exchange rate, financial revenue growth and the growth of smartphone sales. Sony maintained a 2013 fiscal year 50 billion yen net profit and 230 billion yen operating profit forecast unchanged, and will increase sales forecast by 5% to 7.9 trillion yen. Panasonic's performance was also particularly bright, with a net profit of 107.8 billion yen in the first quarter, which soared about 7.4 times times compared with the 12.8 billion yen a year earlier. One reason for Panasonic's recovery is the devaluation of the yen. Panasonic reported that Japan's domestic sales of 864.9 million yen, overseas sales of 9, 59.6 billion yen, exchange rate benefits are obvious. Sharp also, according to Sharp earlier, its overseas business accounted for nearly half. In the first quarter due to the devaluation of the yen and other reasons, the liquid crystal business losses narrowed, so Sharp's main business achieved 3 billion yen profit, compared with the loss of 94.1 billion yen in the same period last year, a big change in the situation, sharp sales revenue year-on-year increase of 32.6% to 607.9 billion yen. This is sharp for the 3rd consecutive quarter to achieve the main business profits. In addition to the exchange rate factors, the restructuring of the three giants also add a lot. For example, Sony's television business, sales rose 18 from a year earlier, 2% to 185.6 billion yen. Although the number of sales units for LCD TVs has decreased compared with the previous year, the current quarter has seen a profit of 5.2 billion yen as the product mix is more focused on high-end models, compared with a loss of 6.6 billion yen a year earlier. and its increased chip in the field of smart phones, operating profit growth is one of the main reasons. Panasonic has made a lot of adjustments in its overall business strategy. Panasonic gradually downplayed the consumer electronics sector, focusing on energy, environmental protection and upstream core parts production. Panasonic in the information provided to the south, said from the cause of the situation, in the solar energy and other residential buildingIndustry-related environmental system solutions, lithium battery field, as well as automotive electronic systems in the field of business profits to achieve income. The company's recovery is dawning. In fact, in order to achieve better performance, Japan's electronics companies have been a massive slimming campaign. Layoffs, factories and business sales, building sales and other means have become the main means of reducing burden. For example, Panasonic shut down the Shanghai plasma plant, there are rumors of its acquisition of Sanyo Motor is interested in the transfer of the three foreign shares held in Hefei. Sony and Sharp have a move to sell their chemicals business, LCD TV factories and office buildings. More interestingly, Sharp began a alliances strategy to lure Hon Hai and Qualcomm to invest in shares. Hong Shibin, executive chairman of the Marketing committee of China Household Electrical Appliance Business Association, said Japanese companies were making their hardware assets cash out. More than just subtraction, the big three on open source are also attacking. Sharp and domestic enterprises Lenovo launched a cooperative conspiracy to smart television, looking for new ways of operation and growth space. In addition, air purifiers and other health appliances in the domestic test water success, in short supply. Earlier, Sony also announced that with Panasonic to jointly develop commercial high-capacity CD-ROM Basic agreement. Two companies will unify the standards relating to optical disk storage, and strive to develop a CD-ROM of about 3 times times the existing CD-ROM, or 300,000 trillion (G B), in 2015. It is reported that the product or will be used in large data age data center and other fields of information recording and storage. Two companies will work together to increase development speed, reduce costs and open up new requirements. However, Hong Shibin said that Sony, Sharp, Panasonic's Big Three "enterprises" are likely to recover, the key to see their transformation and upgrade speed, and the pace of restructuring reform. "But it is hard for the consumer electronics industry to recover and regain its hegemony, because in the global consumer electronics environment, the Japanese soil is not suitable for the development of consumer electronics enterprises, such as Japan's manufacturing advantages, financial advantages, competitive advantage is gradually lost." "[Data] Sony's first quarter sales rose 13% to 1.7 trillion yen, operating profit growth nearly five times times to 36.35 billion yen. Sony maintained a 2013 fiscal year 50 billion yen net profit and 230 billion yen operating profit forecast unchanged, and will increase sales forecast by 5% to 7.9 trillion yen. Panasonic's net profit for the first quarter was 107.8 billion yen, which soared about 7.4 times times compared with the 12.8 billion yen a year earlier. Sharp's first-quarter main business achieved a profit of 3 billion yen, a change from a 94.1 billion yen loss in the same period last year, when sharp sales rose 32.6% to 607.9 billion yen year-on-year. South Wang Haiyan Reporter
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