TOKYO: In today’s world of fast gadgets and fickle consumers, managers at Panasonic Corp, the sprawling, and struggling, Japanese electronics manufacturer, still refer to a 250-year business plan their founder wrote between the two world wars.
The 10-generation roadmap exhorted staff to end poverty and make consumer goods as abundant and cheap as tap water — but probably didn’t envisage selling millions of TV sets at a loss.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!