OSAKA, Japan--(BUSINESS WIRE)--The damage to the Panasonic Corporation (NYSE:PC)(TOKYO:6752)("Panasonic") group manufacturing sites caused by the anti-Japan demonstrators in China 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. With safety as a priority, preparations to
restart the operations at the factory are underway, but the restarting
date is uncertain.
(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. With safety as a priority, operations at the
factory restarted from September 17.
(3) Systems & Communications Company, Zhuhai factory (manufacturing
fixed-line phone)
The factory has stopped operation and employees
have stayed at home, since approximately 10 Chinese employees made a
protest. The factory is preparing to restart the operations, after
ensuring safety.
3. Forecast of effect by the damage to our
business performances
Forecast of effect by the damage is
uncertain at the moment. An announcement will be made promptly if a
significant impact on Panasonic's consolidated financial outlook for
fiscal 2013 is foreseen.