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While the outlook for the construction industry appears to be heading in the right direction for 2013, many firms are still grappling with significant economic headwinds. Growing demand for certain types of private sector projects, plans to expand payrolls, relative stability in transportation markets, increasing willingness to raise bid prices and growing embrace of new technology and new business practices are clear signs the industry is ready to emerge from a years-long downturn. But for every sign of optimism, there are causes for concern. Demand for public buildings and facilities is expected to. | Panasonic ideas for life Panasonic Group FY2013 Business Policy May 11 2012 Panasonic Corporation Fumio Ohtsubo Contents 2 1. Achievement 2. FY2013 business policy Panasonic ideas far ife Copyright C 2012 Panasonic Corporation All Rights Reserved. Our Vision 3 Vision toward 100th anniversary in 2018 No.1 Green Innovation Company in Electronics Industry Integrate contribution to both environmental protection and business growth Enrich our life with less energy consumption Panasonic Group filled with significant growth potential Green Transformation 2012 GT12 Existing business-oriented 1 Japan-oriented Individual product-oriented New business such as energy Globally-oriented Solutions systems business-oriented Accelerate transformation with integration of 3 companies and business reorganization Panasonic Ideas for Me Restructuring 1 Established business structure enabling direct contact with customers Introduced horizontal group-wide business structure 4 Maximized synergy in individual businesses Eliminated overlap and downsized business Largest-ever transformation Panasonic Copyright C 2012 Panasonic Corporation All Rights Reserved. Restructuring 2 5 Economic slowdown strong yen appreciation and floods in Thailand Downward swing due to unprofitable business 0 Reduced fixed cost and reformed structure in unprofitable business Flat-panel TV Integrated business sites impaired fixed assets and downsized workforce Semiconductor Switched System LSI business to fabless and downsized R D resources Downsized whole group-wide business 9 Impaired goodwill of SANYO business FY2012 Business restructuring expense 767.1 bil. yen Panasonic ideas for fife FY2012 Financial Result 6 vs FY11 Sales 7 846.2 bil. yen -10 Operating profit 0.6 43.7 bil. yen -261.6 bil. yen Net income loss attributable to Panasonic Corp. -9.8 -772.2 bil. yen -846.2 bil. yen ROE -34.4 - Free cash flow -339.9 bil. yen -606.1 bil. yen CO2 emission 1 vs FY06 reduction 40.37 mil. tons 5.19 mil. tons Panasonic .