keyboards have been a total declining market for several years as can be seen by the national amalgamated trade sales figure trends for all manufacturers, so the prophesy was there. Good distribution ensured market leadership in their market sectors in some countries, and bad distribution poor market penetration in other countries. When franchises ended in Spain and Sweden they were not replaced. Music Instrument division was a tiny part of Matsushita, probably a fraction of a percent turnover of the battery division. The return on investment for new product (which is expensive and requires skill and expertise) did not satisfy the corporate accountants. You only have to look at the rest of the keyboard market to see that investment and 'new' product introduction has slowed in recent years, as opposed to just launching a different plastic box with alternative coloured buttons every now and then. Panasonic are closing their tv factory in Wales.