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

Matsushita Reports Increased Profit
Oct 28, 2005
 Printable format
 Email this Article
 Search

Matsushita Electric Industrial Co. Ltd., the Japan-based maker of Panasonic electronics, reported a 33-percent increase profit for the July to September 2005 quarter, lifted by strong sales of flat-panel TVs, digital cameras and personal computers.

The Osaka-based firm said group net profit totaled 31 billion yen (approx. U.S. $268 million) in the fiscal second quarter, up from 23 billion (approx. $200 million) the same quarter last year. Sales totaled 2.2 trillion yen (approx. $19 billion), unchanged from the same period a year ago.

While its rival Sony Corp. has stumbled in recent years, falling behind in TVs and portable audio players, Matsushita has fared better by focusing on high-end consumer electronics goods, such as plasma display TVs and digital video recorders.

Matsushita kept its forecast for the full year ending March 2006, unchanged at 110 billion yen (approx. $953 million) profit on sales of 8.720 trillion yen (approx. $76 billion). (AP)

Back to Daily News

 

Daily News

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

Nov 26, 2014: Hamilton Beach 3Q income down slightly

Nov 26, 2014: LG's sales of Inverter Linear Compressor refrigerators top 10 million

Nov 25, 2014: Robotics Exhibits Grow 25% at 2015 CES

Nov 25, 2014: Index shows HVAC/R contractors more positive than last year

Nov 25, 2014: Consumer Confidence Index Declines

More Daily News>>

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

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

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 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