Panasonic hopes that their robots are profitable in 2015-16

Japan's Panasonic said on Thursday that he hopes that his robots emerging profitable business in the fiscal year ending March 2016, anticipating a growing demand for devices that help care for elderly or do chores.

Panasonic, which competes with Sony to become the largest maker of consumer electronics products in the world, said he hopes to record sales of 100,000 million yen ($ 1,120 million) or more robots in its business in that fiscal year 2015-2016.

The director of Panasonic, Masashi Makino, told a news conference in Kadoma, western Japan, which aspire to make it profitable year to that year.

Among their robots, Panasonic has developed a nursing bed is transformed into an electric wheelchair that gives patients greater mobility while also relieve caregivers of the physical task of moving patients between bed and chair wheels.

It is anticipated that demand for robots to help care for the elderly or sick or to help with daily chores to thrive in countries like Japan, where the population is shrinking and aging.

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