OSAKA (Kyodo) Panasonic Corp. is expected to report a consolidated net loss of tens of billions of yen for the 2008 business year, its first loss in six years, due to the stronger yen and a shrinking consumer electronics market, industry sources said Wednesday.

The fortunes of Panasonic, formerly Matsushita Electric Industrial Co., have changed dramatically since business 2007, when its group net profit rose to a record ¥281.88 billion.

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