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Panasonic Announces Additional Aid  for Tohoku Earthquake Victims
Osaka, Japan – Panasonic Corporation, a world leading consumer electronics company, announced today the company will donate 4,000 units of solar LED lanterns, in addition to the monetary and in-kind contributions Panasonic pledged earlier to aid victims of the earthquake which struck Tohoku area on March 11.

Panasonic has already committed 300 million yen monetary contributions and in-kind donations of 10,000 units each of radios and flashlights and 500,000 dry batteries on March 12.  The solar LED lanterns are manufactured by SANYO Electric Co., Ltd., a Panasonic Group company.

Panasonic and its Workers Unions Association will also launch a fund-raising campaign involving employees of the Panasonic Group companies to support the affected area.

Panasonic and its employees express deep sympathy for victims and sincerely hope for swift recovery of the areas affected by the disaster.

Sony Support for Japan Earthquake Relief Efforts
(Tokyo, March 13, 2011) Sony Corporation today announced that, following the devastating earthquake and tsunami that struck the northern region of Japan on March 11, Sony and its group companies will donate 300 million Japanese yen to help relief and recovery efforts in communities affected. Additionally, a disaster relief fund will collect donations across the Sony Group from employees worldwide, and their contributions will be matched by the company through a matching gifts program. The company will also donate 30,000 Sony radios to assist the relief of earthquake victims, while the Sony Group will prepare further product donations going forward, taking into account the local needs.

The Tohoku region is historically important for Sony, with a high concentration of manufacturing sites, and many employees and their families have also been affected by these devastating events.

“In times like these, we are reminded of how important and fragile we are and of the positive impact we can have – both as individuals and, collectively, as a Company – to assist those in need,” said Howard Stringer, Chairman, CEO and President, Sony Corporation.“We will continue to make the utmost effort to help the swift recovery of the affected communities in the region.”

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1.
Damage to Panasonic Group (as of March 14, 2011, 11:00 a.m. JST)
(1)
Damage to personnel
Some minor injuries to the employees are reported in our group companies, including AVC Networks Company Fukushima Factory (manufacturing digital cameras), AVC Networks Company Sendai Factory (manufacturing optical pickups), Panasonic Electric Works Co., Ltd. Koriyama Factory (manufacturing electronic materials), SANYO Electric Co., Ltd. Gunma Factory (manufacturing washer/dryers etc). We are currently continuing to gather safety information of our personnel.
(2)
Damage to equipment and buildings
Any major fire and collapse of buildings are not reported.
(3)
Damage to our production
We are suspending operations in the factory affected by the earthquake and continuing to evaluate further details of the damage.
2.
Forecast of effect by the damage to our business performances
The damage caused by the earthquake is uncertain at the moment. An announcement will be made promptly if a significant impact on Panasonic’s consolidated financial outlook for fiscal 2011 is foreseen.

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Of his return to the Yamaha fold full-time, Galloway says: “I am inspired and excited by my appointment; I think it makes a big statement to the industry as regards the future direction of Yamaha AV & Hi-Fi products. We have a great team and a brilliant R&D and product development plan. I also look forward to continuing to bringing Yamaha’s unique and distinctive musical heritage to our AV marketing activities.”

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