(Reuters) - Panasonic President Fumio Ohtsubo attends a news conference in Tokyo February 3, 2012. Japan's Panasonic Corp forecast a record annual net loss of $10.2 billion on Friday, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and overcome criticism that they have lost their way. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Panasonic President Fumio Ohtsubo speaks at a news conference in Tokyo February 3, 2012. Japan's Panasonic Corp forecast a record annual net loss of $10.2 billion on Friday, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and overcome criticism that they have lost their way. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Panasonic President Fumio Ohtsubo (L) and managing director Makoto Uenoyama bow their heads after a news conference in Tokyo February 3, 2012. Japan's Panasonic Corp forecast a record annual net loss of $10.2 billion on Friday, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and overcome criticism that they have lost their way. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Sony's incoming CEO Kazuo Hirai takes part in a news conference in Tokyo February 2, 2012. Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Sony's current CEO Howard Stringer gestures at a news conference in Tokyo February 2, 2012. Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Sony's incoming CEO Kazuo Hirai (L) and current CEO Howard Stringer take part in a news conference in Tokyo February 2, 2012. Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Sony's incoming CEO Kazuo Hirai (L) and current CEO Howard Stringer shake hands at a news conference in Tokyo February 2, 2012. Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Sony's incoming CEO Kazuo Hirai drinks a cup of water at a news conference with current CEO Howard Stringer (not pictured) in Tokyo February 2, 2012. Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)
(Reuters) - Journalists are silhouetted against a board showing Sony's logo at its news conference in Tokyo February 2, 2012. The incoming chief of Japan's Sony Corp, Kazuo Hirai, will face the enormity of his task to turn around the electronics icon on Thursday when the firm is likely to forecast a fourth straight annual loss as it loses ground to rivals Apple and Samsung. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS MEDIA LOGO)
(Reuters) - Sony's CFO Masaru Kato drinks water as he announces Sony Corp's earnings results at a news conference in Tokyo February 2, 2012. The incoming chief of Japan's Sony Corp, Kazuo Hirai, will face the enormity of his task to turn around the electronics icon on Thursday when the firm is likely to forecast a fourth straight annual loss as it loses ground to rivals Apple and Samsung. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS)