Kazuhiro Tsuga, the newly appointed president of Panasonic Corp., said Wednesday the electronics giant will pursue growth on multiple business fronts in a rational way to survive harsh global competition.
The day after Panasonic announced that the 55-year-old will replace current President Fumio Otsubo, 66, Tsuga told a news conference in Tokyo: "We need to focus on how we can realize growth and profitability in all domains.
"We can't post growth without achieving 'rational growth' by removing inefficiency."