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Panasonic Corp (6752.T)

6752.T on Tokyo Stock Exchange

24 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Panasonic says acquired all outstanding shares of OpenSynergy to make it subsidiary on July 22
Tuesday, 9 Aug 2016 03:00am EDT 

Panasonic Corp <6752.T> :Co and OpenSynergy GMBH announced that co acquired all outstanding shares of OpenSynergy to make it a subsidiary on July 22.  Full Article

Skyworks acquires remaining interest in filter JV with Panasonic
Wednesday, 3 Aug 2016 08:00am EDT 

Skyworks Solutions Inc : Skyworks Solutions Inc says deal valued at $76.5 million . Acquisition is not expected to impact Skyworks' consolidated financial statements . Acquired remaining 34 percent interest it did not already own in filter joint venture it created with Panasonic in 2014 .Skyworks acquires remaining interest in filter joint venture with Panasonic.  Full Article

Shares of Gorenje jump almost 6 pct on possible takeover by Panasonic
Tuesday, 26 Jul 2016 02:55am EDT 

Slovenian home appliances maker Gorenje : Shares of Gorenje jumped by 5.76 percent to 6.96 euros ($7.66) by 0803 GMT on Tuesday, a day after it said it will allow Japanese consumer electronics firm Panasonic <6752.T> to perform due diligence by the end of September [nL8N1AB5BT] . Panasonic now has a stake of 10.74 percent in Gorenje and may decide to bid for the company following due diligence. . "There is still room for growth in Gorenje shares based on speculation on how much Panasonic could be ready to pay for Gorenje rather than on the company's performance," Saso Stanovnik, chief economist of investment firm Alta Invest, told Reuters. . Gorenje has a market share of about 4 percent in Europe. ($1 = 0.9086 euros) (Reporting by Marja Novak, editing by Louise Heavens) ((Marja.Novak@thomsonreuters.com; +386-1-5058805; Reuters Messaging: marja.novak.thomsonreuters.com@reuters.net)) Keywords: GORENJE PANASONIC/ (BRIEF).  Full Article

Panasonic targets 60% growth in Asian lighting equipment sales - Nikkei<6752.T>
Thursday, 14 Jul 2016 03:57pm EDT 

Nikkei: Panasonic aims to boost Asian lighting equipment sales outside japan by 60% from fiscal 2015 levels to 50 billion yen in fiscal 2018 -Nikkei . "Panasonic says in Indonesia, the roster of stores will increase by 90% to about 1,500" - Nikkei . "Panasonic says it will expand sales channels and add stores, giving priority to Indonesia, China and India" - nikkei .  Full Article

Panasonic to consolidate solar cell production amid weak demand - Nikkei
Wednesday, 13 Jul 2016 02:29pm EDT 

Nikkei: Panasonic to consolidate solar cell production amid weak demand - Nikkei . Panasonic will negotiate with labor unions to decide before year-end whether to combine production to Technodevice in Tochigi prefecture or Shimane Sanyo Electric in Shimane Prefecture - Nikkei . Panasonic's Tsu plant, which makes wiring implements, will stop making power conditioners - Nikkei . Panasonic's production of power conditioners to be consolidated from three domestic plants to one - Nikkei .Panasonic now contemplating pushing back the production restart date at Nishikinohama plant until end of the year or later - Nikkei.  Full Article

BRIEF-Panasonic gets decision regarding cathode-ray tube business and confirms penalty of 14.3 bln yen
Tuesday, 12 Jul 2016 03:00am EDT 

Corrects penalty amount in headline and second bullet to 14.3 bln yen, from 143 bln.Panasonic Corp <6752.T>: Says European Court of Justice dismissed the appeal filed by the co to against decision from Europe ordinary court regarding cathode-ray tube business .Says penalties imposed on Panasonic has been confirmed of 128,866,000 euros (about 14.3 bln yen).  Full Article

Panasonic enters into JV with Dalian Refrigeration in China - Nikkei
Friday, 1 Jul 2016 01:09pm EDT 

Nikkei: Panasonic enters joint venture in china for commercial refrigeration - Nikkei . Joint Venture Is Owned 80 Pct By Panasonic Group Members Including Local Refrigeration Systems Subsidiary, And 20 Pct By Dalian Refrigeration - Nikkei .Panasonic aims for sales of 1 billion yuan ($150 million) with its business for large refrigeration systems in China in 2020 - Nikkei.  Full Article

Panasonic Europe acquires UK technology systems integrator Alan Dick Communications
Monday, 20 Jun 2016 10:05am EDT 

: Panasonic acquires UK technology systems integrator Alan Dick Communications .Panasonic Europe - Adcomms will continue to operate as a stand-alone business, with its own brand and with current management team.  Full Article

Tesla's Musk says "Tesla is working exclusively with Panasonic for Model 3 cells"- tweet
Tuesday, 7 Jun 2016 11:51pm EDT 

: Tesla's Musk says "Tesla is working exclusively with Panasonic for Model 3 cells"- tweet Further company coverage: [TSLA.O] (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

FFRI says joint development of security of IoT machine with Panasonic
Wednesday, 1 Jun 2016 02:00am EDT 

FFRI <3692.T> and Panasonic <6752.T>:Say joint development of security of IoT machine on June 1.  Full Article


Eyed by Panasonic, Slovenia's Gorenje returns to profit

LJUBLJANA Slovenian household appliances maker Gorenje , a possible takeover target for its Japanese investor Panasonic , returned to profit in the first six months of 2016, the company said on Monday.