Panasonic's Profit Drops 48% in Fiscal Year 2026

MT Newswires Live05-12

Panasonic's (TYO:6752) profit attributable to owners of the parent fell 48% to 189.5 billion yen in the fiscal year 2026 from 366.2 billion yen a year earlier.

The electronics company's earnings per share declined to 81.17 yen from 156.83 yen a year ago, according to a Tokyo bourse filing on Tuesday.

Net sales slipped 4.8% to 8.049 trillion yen in the year ended March 31 from 8.458 trillion yen in the prior year.

The company declared a final dividend of 20 yen per share for the fiscal year, payable from June 1.

For the fiscal year 2027, Panasonic expects attributable profit of 420 billion yen, basic EPS of 179.89 yen, and net sales of 7.600 trillion yen.

Panasonic plans to pay interim and year-end dividends of 27 yen per share each for the year, which is higher than the amount paid in the year-ago period.

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