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."
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.