Panasonic Financial Health

Started Nov 1, 2012 | Discussions thread
revio
Senior MemberPosts: 1,279Gear list
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Re: Panasonic Financial Health
In reply to fastprime, Nov 2, 2012

fastprime wrote:

This probably isn't the right forum but since Panasonic is a leader in the MFT segment I thought this would be of some interest to this MFT community:

"Panasonic, Japan’s second-biggest TV maker, said Oct. 31 it expected a 765 billion-yen full-year net loss, or 30 times bigger than analysts had estimated, citing restructuring costs and falling demand for its products. Osaka-based Panasonic said it won’t pay a dividend for the first time since 1950 because of an “urgent need” to improve its financial position." -Bloomberg

Cheers!

Sad really. The best TVs in the world...not giving them profit, something is not quite allright ...

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