Japanese photovoltaic giant is an embarrassment

Solar photovoltaic webex panasonic will transfer some of its right of photovoltaic industry to China GS - HJT battery manufacturers Solar, kyocera is through its Solar business further cost savings, but the two business departments did not cause significant drag on the broader group data.

based in Osaka, panasonic has announced in May the solar photovoltaic research and development business and Malaysia break-up with GS - manufacturing sector Solar（ China) Co. , LTD. , joint venture, barely mentioned solar contribution to the stability of the overall population.

note that decided to set up TBD solar energy research and development of the joint venture, the joint venture will be run by Chinese heterojunction GS - battery manufacturers Solar has a 90% stake, which will put into operation in early November.

　　2019- The update also mentioned in the first quarter of 2020 with Chinese partners, for panasonic solar & other; To optimize the development and production capacity & throughout; 。 The move will involve GS - Solar take equity giant Solar manufacturing operations in Malaysia, electronics brand will be announced in May the Solar production facilities in the United States and Japan's will not be affected.

with panasonic excess the interests of the solar energy systems business quarterly sales of 84. 7 billion yen ( 7. $9. 3 billion) , higher than that of the first quarter of 81. 6 billion yen for the last fiscal year, but less than the first three months of 93. 9 billion yen.

this leads to a broader life solution department quarter sales increased to 462 billion yen from 444 billion yen, compare three months each year's operating profit of 12. 7 billion yen, and last quarter loss of 100 million yen.

although the year's annual is reversed, panasonic group quarterly net sales of 1. 89 trillion yen, net profit of 53. 8 billion yen as of the end of June.

in the last fiscal year after structural reform, Japanese electronics competitors kyocera solar sales fell by more than the drop in the energy business costs. Headquartered in Kyoto, the enterprise group, says the cost savings will continue to drive - 2019 Solar energy business profit in 2020.

in spite of this, the group's solar business environment for life and family a first-quarter loss of 25 in the sales department. 900 million yen, but at least 30 from the same period last fiscal year. 200 million yen.

preparation prepared with updated shareholder introduction mentioned by utilities kansai electric power company providing ten years solar lease program residential pv system to expand the energy business plan. According to the plan, the homeowner will enjoy free installation, and will follow the Kyocera FIT payment ten years later inherited the system of the bank.

despite the home solar ambitions, kyocera announced 2019 - is expected 20 years business will loss of 6. 4 billion yen - life and environment Below 67 billion yen reversal - last year Income of 94. 3 billion yen.

electronics giant in its 60th anniversary on the fact that feels comfortable, reflected in the fact that group quarterly sales income of 385 billion yen, profit before tax ( 息税前利润) For 32 billion yen, 2019 - 20, earnings before interest and tax for 180 billion yen.

in the United States President Donald trump a tweet after threatening to raise import tariffs on China, the market fall day, kyocera pointed out & other; The sino-american trade friction & increasing uncertainty of the future throughout; And panasonic more inclined to & other; More and more mentioned & throughout; A wide range of protectionism and other 。

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