Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Panasonic Reports Fiscal Year Profit Increase
Apr 30, 2008
 Printable format
 Email this Article
 Search

Panasonic’s profits rose 30% for its fiscal year, ending March 30. Panasonic earned a net profit of US$2.7 billion on sales of $86.6 billion, which is down from $87 billion in its previous fiscal year. The firm attributed the sales dip to the exclusion of Victor Company of Japan (JVC)’s revenue as JVC’s corporate status changed from subsidiary to affiliate last year. It reported a strong growth in profits, thanks to sales of flat-panel televisions, white goods, and a tax break.

For its financial year, Panasonic’s AVC networks division sales were up a total of 6%, with sales of video and audio equipment up 8%. The home appliance division sales grew 6%.

 

 

 

Back to Daily News

 

Daily News

...........................................................

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows