Panasonic Attributable Profit Drops 25% in Fiscal H1

MT Newswires Live10-30

Panasonic (TYO:6752) profit attributable to owners of the parent dropped 25% to 142.4 billion yen for the fiscal first half from 188.9 billion yen a year earlier.

The electronics company's earnings per share (EPS) fell to 60.98 yen from 80.90 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales declined 10% to 3.82 trillion yen in the six months ended Sept. 30, from 4.251 trillion yen in the year-ago period.

It declared an interim dividend of 20.00 yen per share, payable from Dec. 1.

For the full fiscal year ending March 31, 2026, the company expects attributable profit of 260.0 billion yen, basic EPS of 111.36 yen, and net sales of 7.7 trillion yen.

The company expects to pay a year-end dividend of 20.00 yen per share for the current fiscal year.

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