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For Japan's Electronics Behemoths, Dire Times Ahead

November 2, 2012
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After years of bets gone wrong and lost opportunities, three of Japan's consumer electronics giants are showing some signs of faltering.

In the most dire warning, Sharp forecast on Thursday a 450 billion yen ($5.6 billion) full-year loss and warned that it had "material doubts" about its ability to survive.

On the same day, Panasonic's shares lost a fifth of their value in Tokyo after the company forecast a 765 billion yen ($9.6 billion) annual net loss from write-downs in its solar-power, battery and mobile handset businesses.

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