Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. CEO and Chairman Tomoyo Nonaka (C) answers questions as President Toshimasa Iue (R) listens at a press conference at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company said it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005.

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