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In reply to the discussion: STOCK MARKET WATCH -- Wednesday, 27 March 2013 [View all]xchrom
(108,903 posts)17. Panasonic gets home solar sales lift
http://www.japantimes.co.jp/news/2013/03/27/business/panasonic-gets-home-solar-sales-lift/#.UVL82u1qP8s
Panasonic Corp. said its solar-panel operation will probably remain profitable amid growing demand from domestic homeowners.
Shipments in February reached a record level as the nations feed-in-tariff system for electricity triggered demand for rooftop systems, Kazuhiro Yoshida, who heads the business, said in Tokyo on Monday, declining to elaborate.
Panasonic is targeting Japanese individuals for its HIT-brand solar cells, a strategy that has helped preserve profitability and protect the business from a glut in commercial production, he said. The Osaka-based company is focusing on premium products for residential users as an oversupply in large-scale facilities led to price declines and threatened the survival of Suntech Power Holdings Co., once the biggest solar-panel maker, he said.
Demand is booming in Japan, Yoshida said, It is not our goal to become the No. 1 company. Our focus is how to be profitable.
Panasonic Corp. said its solar-panel operation will probably remain profitable amid growing demand from domestic homeowners.
Shipments in February reached a record level as the nations feed-in-tariff system for electricity triggered demand for rooftop systems, Kazuhiro Yoshida, who heads the business, said in Tokyo on Monday, declining to elaborate.
Panasonic is targeting Japanese individuals for its HIT-brand solar cells, a strategy that has helped preserve profitability and protect the business from a glut in commercial production, he said. The Osaka-based company is focusing on premium products for residential users as an oversupply in large-scale facilities led to price declines and threatened the survival of Suntech Power Holdings Co., once the biggest solar-panel maker, he said.
Demand is booming in Japan, Yoshida said, It is not our goal to become the No. 1 company. Our focus is how to be profitable.
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