Panasonic FY26 Results Down; Sees Higher Earnings, Weak Sales In FY27 - Update
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Panasonic Holdings Corp. reported lower profits for fiscal 2026, with net profit down 48.2% to 189.54 billion yen. The company anticipates higher earnings for fiscal 2027, projecting a net profit of 420 billion yen, a 121.6% increase, despite a 5.6% decline in net sales to 7.60 trillion yen. Operating profit is expected to rise 132.6% to 550 billion yen. Shares rose 2.1% to 3,405.00 yen following the announcement.
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