October 24, 2016 / 5:36 PM / 3 years ago

BRIEF-Funai Electric enters exclusive sales agreement with Yamada Denki - Nikkei

Oct 24 (Reuters) - Nikkei:

* Funai Electric Co Ltd to supply 4k and other types of LCD tvs from factories in China and Thailand for sale in Japan only at Yamada Stores - Nikkei

* Tv’s made by Funai Electric Co, are expected to bear Funai’s brand name, are scheduled to hit the stores as soon as next Spring - Nikkei

* Funai Electric Co's group sales projected to fall 20% on the year to 134.5 billion yen, Funai's net loss to likely reach 8.2 billion yen - Nikkei Source text - (s.nikkei.com/2eoqPza)

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