Monday, March 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Jolla Introduces Sailfish OS 2.0
MWC: Fujitsu Develops Smartphone with Iris Authentication
NXP and Freescale Announce $40 Billion Merger
Toshiba Launched TransferJet Adapter for iPhone, iPad and iPod in Europe
Blu-ray Players Could Install Malware
MWC: ARCHOS Announces First 256 GB Android Tablet
New PowerVR G6020 And PowerVR Series5 Video Encoders Targets IoT And Mobile Devices
Qualcomm Previews The Next-Generation of Snapdragon Processor At MWC 2015
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > General Computing > Pioneer...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 06, 2012
Pioneer Revises Its Business Forecasts for FY2013


Following similar moves by other Japanese companies including Sharp and Panasonic, Pioneer lowered its business forecasts for fiscal 2013 to reflect factors including stagnation in car navigation sales in the consumer market, a market contraction for optical discs, and anticipated lower sales in China.

For FY2013, Pioneer now expects its net sales to reach the 466 billion Yen (500 billion Yen previous forecast,) a 15 billion yen operating income (20 billion Yen previous forecast,) and a net income of 1 billion yen (8.5 billion yen previous forecast.)

For the second quarter of FY2013, Pioneer's sales and profits decreased year on year. In Car Electronics, although the company's OEM sales and profits rose as a result of a recovery in automobile sales, consumer-market sales and profits fell due to changes in the market environment.

In Home Electronics, profits from optical disc business fell as a result of market contraction, and profits from home AV business decreased as well.

In comparison with the second quarter forecasts, both net sales and operating income fell short of Pioneer's targets. In Car Electronics, although operating income was in line with the target for the consumer-market business, it fell short of the target for the OEM business. Operating income fell short of the target in Home Electronics as well. Although home AV business was profitable, as forecast, optical disc business recorded an operating loss.

In response to drastic changes in the business environment in this fiscal year, Pioneer will revise its strategies and plans. The company plans to update its medium-term plan in May 2013, to realize growth and improve profitability.


Previous
Next
Samsung Highlights Its Latest 20nm DDR3 And SSDs Solutions        All News        Canon Introduces Of Two New Professional Lenses
Opera 12.10 for Desktop Released With More Add-ons     General Computing News      Instagram Expands To The Web

Get RSS feed Easy Print E-Mail this Message

Related News
Pioneer Competes transfer Of DJ, Home Electronics and Headphones Businesses
Pioneer Goes Retro With The New PL-30 Turntable
Pioneer HDJ-2000MK2 Headphones Target Pros
Pioneer DJ Unveils New Professional Studio Headphones
Pioneer XDJ-RX Rekordbox DJ System Comes With a Built-in Screen
Pioneer Releases Solid-state Drive
New Pioneer BDR-S09J-X BD Is Optimized For Audio Playback
Pioneer at CES 2015
Pioneer To Release The BDR-XU03JM Portable Blu-ray Drive For Macs
New Pioneer XDJ-1000 Multiplayer Offers Touchscreen, Wi-Fi Connectivity, and rekordbox
Pioneer Reports Reduced Sales For 2Q Fiscal 2015
Pioneer KUVO Links Together Club Fans, DJs, and Clubs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .