Panasonic's (PC) restructuring costs for FY 2012/13 could exceed the ¥41B ($515.5M) the company...

|About: Panasonic Corp. ADR (PCRFY)|By:, SA News Editor

Panasonic's (PC) restructuring costs for FY 2012/13 could exceed the ¥41B ($515.5M) the company has planned for, new President Kazuhiro Tsuga says. Tsuga adds that the electronics giant will formulate a new business plan by the autumn, and detailed plans for 90 units by February. The sheer number of units indicates what a sprawling mess Panasonic is.