Sanyo sees billions injection as last chance
It goes badly with Sanyo. The third largest electronics manufacturer of Japan is angry on missing to more than 2 billion euro freshly kapitaal the tide to turn. Single loss data divisions are rejected.
Sanyo want to remain pile up deep in the debts and the losses self. The electronics manufacturer expected 2006 off to close with a loss that 66 per cent more high lies then originally were expected.
In total, the business looks on against a debt of almost 8.5 billion euro. Toshimasa Iuo, the large boss of Sanyo, winds there no cloths: “We stand with our back against the wall. This is our last one chance.”
The business hopes lend to can 2.1 billion euro by different investments societies and banks. Sanyo want furthermore its noodlijdende halfgeleiderdivisie finished pushes, neat as the division that OLED (organic light-emitting diode) produces. The majorities interest in the financile service Sanyo Electric Credit is done also by the hand. And as the marriage must will stop the business also with the sale of Tvs in home market Japan.
In June, the business announced all a drastic restructuring, by which 14,000 employees flow off must. In the future want the business self less add on consumers electronics and self focus on products, that connections hold with environment and energy, as herlaadbare lithium-ionbatterijen and sun-energy.,.
Last year the business - literally - a heavy slap got to endure, when an earthquake a halfgeleiderfactory in Japan heavy destroyed. Sanyo is in Europe especially known of its digital cameras and home entertainmentproducten.