• Kyodo

  • SHARE

Panasonic Corp. on Tuesday raised its earnings forecasts for the current year through March, projecting a net profit of ¥150 billion ($1.4 billion), helped by stronger-than-expected sales in home appliances and a pickup in demand for automotive equipment.

The figure, revised upward from the company’s earlier estimate of ¥100 billion in net profit, would still mean a 33.5% drop from a year earlier.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)