Breaking News

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices Synology Unveils DiskStation DS225 Plus New PS5 system update beta previews DualSense wireless controller pairing across multiple devices

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Pioneer Revises Its Business Forecasts for FY2013

Pioneer Revises Its Business Forecasts for FY2013

Enterprise & IT Nov 6,2012 0

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.

Tags: Pioneer
Previous Post
Samsung Highlights Its Latest 20nm DDR3 And SSDs Solutions
Next Post
Canon Introduces Of Two New Professional Lenses

Related Posts

  • Pioneer Japan announces BDR-WX01DM for US market

  • Pioneer Japan announces new optical storage drives for JIS X6257 archive format

  • Pioneer Japan updates its CD-DVD Software utility

  • Pioneer Japan announces new BDR-X13J-X external BD Writer and BDR-WX01DM for archiving

  • Pioneer Japan releases new firmware updates for external Blu-Ray Recorders

  • Pioneer BDR-XD08UMB-S External Blu-Ray Recorder

  • Pioneer Japan updates firmware for their X13 lineup (30-01-2023)

  • Pioneer BDR-X13U-S

Latest News

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations
PC components

G.SKILL Announces T5 Neo Series DDR5-6400 CL38 512GB (64GBx8) Overclocked R-DIMM Memory Kit with AMD EXPO Support for AMD Ryzen Threadripper PRO Workstations

ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile
GPUs

ZOTAC to Launch GeForce RTX 5090 ARCTICSTORM AIO & GeForce RTX 5060 Low Profile

KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices
Enterprise & IT

KIOXIA Commences Sample Shipments of 9th Generation BiCS FLASH 512Gb TLC Devices

Synology Unveils DiskStation DS225 Plus
Enterprise & IT

Synology Unveils DiskStation DS225 Plus

New PS5 system update beta previews DualSense wireless controller pairing across multiple devices
Gaming

New PS5 system update beta previews DualSense wireless controller pairing across multiple devices

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed