Thursday, March 26, 2015

Panasonic targets near 25 percent rise in operating profit next Financial Year

A visitor looks at a display showing Panasonic network loudspeakers during the IFA Electronics show in Berlin September 4, 2014. REUTERS/Hannibal Hanschke



A visitor looks at a display showing Panasonic network loudspeakers during the IFA Electronics show in Berlin September 4, 2014.


Credit: /Hannibal Hanschke






- Japanese electronics supplier Panasonic Corp said on Thursday it aims to boost its operating profit nearly a quarter in the fiscal year starting next month, expanding sales in the automotive technology and housing equipment sectors.

Panasonic said at a briefing in the Japanese capital that it is targeting operating profit of 430 billion yen ($3.63 billion) in the coming fiscal year, up from the 350 billion yen it has forecast it will report for the year ending March 31.


($1 = 118.4800 yen)


No comments:

Post a Comment