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4-Traders Homepage  >  Equities  >  Tokyo  >  Panasonic Corporation    6752   JP3866800000

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Panasonic : to enter robot control industry

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07/23/2016 | 05:06pm CEST

Panasonic has announced plans to cross into the robot control equipment market as the company is optimistic about demand for robots from they factory and medical care segments and the company expects the market`s scale to reach several tens of billions of yen by 2020, according to a Japan-based Kyodo News report.

Panasonic is currently developing a motion sensor that is able to accurately measure a robot`s position and expects such a technology will be able to enhance control over a robot`s movement, hence improving the working efficiency.

Panasonic is planning to release some samples using the sensor and will begin mass production at its fiscal 2017.

(c) 2016 All Rights Reversed for Saudi Press Agency Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2017 7 552 541 M
EBIT 2017 -
Net income 2017 150 539 M
Finance 2017 196 788 M
Yield 2017 2,44%
P/E ratio 2017 16,16
P/E ratio 2018 12,47
EV / Sales 2017 0,31x
EV / Sales 2018 0,29x
Capitalization 2 527 872 M
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 1 241  JPY
Spread / Average Target 20%
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Managers
NameTitle
Kazuhiro Tsuga President & Representative Director
Shusaku Nagae Chairman
Hideaki Kawai Senior Managing Representative Director
Yoshiyuki Miyabe Senior Managing Representative Director
Makoto Ishii Executive Officer & Head-Information Systems
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