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Panasonic Corp (PCRFY.PK)

PCRFY.PK on OTC Markets Group

11.24USD
3:59pm EST
Change (% chg)

$0.32 (+2.93%)
Prev Close
$10.92
Open
$11.12
Day's High
$11.26
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$11.10
Volume
1,379,670
Avg. Vol
168,715
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$11.26
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$7.13

Latest Key Developments (Source: Significant Developments)

Panasonic sees shortage in battery production capacity if Tesla sales go smoothly
Monday, 31 Oct 2016 05:05am EDT 

Panasonic Corp <6752.T> CEO says: Expects a shortage in battery production capacity if Tesla Motors Inc sales go smoothly Further company coverage: [6752.T] (Reporting by Makiko Yamazaki) ((christopher.cushing@thomsonreuters.com;)).  Full Article

Stronger japanese currency likely to push Panasonic to lower FY group oper profit estimate - Nikkei
Thursday, 27 Oct 2016 01:19pm EDT 

:Stronger japanese currency likely will push Panasonic Corp to lower its FY group operating profit estimate to around 280 billion yen for year ending March- nikkei.  Full Article

Panasonic to takeover business from unit
Wednesday, 28 Sep 2016 03:22am EDT 

Panasonic Corp <6752.T>: Says it to takeover B2B solution related business from unit Panasonic System Networks Co., Ltd. .Says the transaction will effective on April 1, 2017.  Full Article

Slovenia's Gorenje says on track for 2016 profit forecast
Friday, 2 Sep 2016 08:05am EDT 

:Slovenian household appliances maker Gorenje is on track to meet all key parameters of 2016 business plans, CEO Franjo Bobinac tells Reuters, with net profit due to reach 7.6 million euros ($8.51 million) on sales of 1.2 billion euros this year .Bobinac says Gorenje has strategic plan till 2020 which is based on an independent growth so the company will continue to grow even if Panasonic <6752.T> does not take it over .Panasonic's due diligence of Gorenje to be completed by the end of September, after when Panasonic will decide on whether to increase its stake of 10.74 percent in Gorenje ($1 = 0.8936 euros) (Reporting by Marja Novak; Editing by Alexander Smith) ((Marja.Novak@thomsonreuters.com; +386-1-5058805; Reuters Messaging: marja.novak.thomsonreuters.com@reuters.net)) Keywords: SLOVENIA GORENJE/ (BRIEF).  Full Article

Panasonic has acquired ADComms for nearly 10 bln yen ($96.8 million) - NIKKEI
Thursday, 1 Sep 2016 01:25pm EDT 

NIKKEI : Panasonic Corp aims to increase sales earned through its european units to 1.05 trillion yen for year ending in march 2019 -Nikkei . Panasonic has acquired British Railway systems provider ADComms For Nearly 10 billion Yen ($96.8 Million) - Nikkei Source:[http://s.nikkei.com/2ccqUjH] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Panasonic plans totaling 400 bln yen worth of corporate bonds
Thursday, 1 Sep 2016 02:45am EDT 

Panasonic Corp <6752.T> : Says it plans to issue 15th series unsecured corporate bonds worth 200 billion yen on Sept. 20, with interest of 0.190 percent and maturity date on Sept. 17, 2021 . Says it plans to issue 16th series unsecured corporate bonds worth 70 billion yen on Sept. 20, with interest of 0.300 percent and maturity date on Sept. 20, 2023 .Says it plans to issue 17th series unsecured corporate bonds worth 130 billion yen on Sept. 20, with interest of 0.470 percent and maturity date on Sept. 18, 2026.  Full Article

Panasonic and Sony to partner with NHK, others to develop ultrahigh-resolution 8K video TV tech - Nikkei
Thursday, 25 Aug 2016 01:02pm EDT 

Nikkei :Panasonic, Sony to partner with broadcaster NHK, others to develop technology for televisions capable of handling ultrahigh resolution 8k video - Nikkei.  Full Article

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

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Panasonic may buy ZKW to accelerate push into auto electronics: source

TOKYO/VIENNA Japan's Panasonic Corp may buy European automotive light maker ZKW Group, accelerating its push into the automotive electronics market, a person familiar with the matter said.