Saturday, October 25, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Panasonic to Offload Sanyo's North America TV Business
Google's Pichai to Become Head of Product at Google: report
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > Optical Storage > Matsush...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, February 06, 2004
Matsushita's net profit rises 8.4 percent in December quarter


Japanese home electronics giant Matsushita said net profit rose 8.4 percent from a year earlier in the December quarter, buoyed by robust sales of flat-panel TVs, DVD recorders and other digital goods.

Group net profit at Matsushita Electric Industrial, best known for its Panasonic and National brands, totalled 24.25 billion yen (228.7 million dollars) as sales grew 5.0 percent to 2.03 trillion yen.

Pre-tax profit surged 69.4 percent to 82.98 billion yen thanks to a higher operating profit and gains from the eased requirement of corporate contributions to the national pension plan for employees.

Matsushita posted a 39.6 billion yen income from the transfer of the pension funds that the company had operated on behalf of the government, which offset a 35.9 billion yen loss in early retirement costs.

For the full year to March, Matsushita raised its net-profit forecast to 35 billion yen from 30 billion yen projected earlier.

It now estimates pre-tax profit at 160 billion yen, up from 120 billion yen, while leaving its sales forecast unchanged at 7.45 trillion yen.


Previous
Next
New Fuji SLR camera with 4th generation CCD        All News        New Fuji SLR camera with 4th generation CCD
New Fuji SLR camera with 4th generation CCD     Optical Storage News      New Fuji SLR camera with 4th generation CCD

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Mobile Display Introduces New LCD Panels With Wide Viewing Angle Technology for Mobile Devices
TMD Develops a 7-inch LTPS TFT LCD panel With Integrated in-cell Touch Panel Technology
Toshiba Develops OCB Liquid Crystal Panel for 3D Glasses
Toshiba Develops 21-inch Autostereoscopic High-definition Display
Eight New Industrial LED Backlight LCD Panels With 100,000 Hour MTBF from Toshiba Mobile Display
Sony Showcases 21-inch OLED, 3D LCD Prototypes at Display 2009
Toshiba and Panasonic Agree on LCD Joint Venture Transfer
Toshiba Matsushita Display Technology Previews Integration of High Resolution 3D Capabilities Into Hanlheld Devices
Hitachi to Buy Matsushita Plasma TV Parts
New Small-Molecule OLED Display Panel Achieves a Lifetime of 60K Hours
Toshiba Matsushita Display Technology Invests In OLED Displays For Mobile Devices
Matsushita Shareholders Approve Name Change to "Panasonic Corporation"

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .