Panasonic Corp (PCRFY.PK)
21 Feb 2017
(The following statement was released by the rating agency) SEOUL/HONG KONG, February 15 (Fitch) Fitch Ratings has affirmed Panasonic Corporation's (Panasonic) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and senior unsecured rating at 'BBB'. Its Short-Term Foreign- and Local-Currency IDRs have also been affirmed at 'F2'. The Outlook on the Long-Term IDRs is Stable. KEY RATING DRIVERS Diversified Business Portfolio: Panasonic's credit profile benefits from its extensi
* Panasonic has started manufacturing air conditioners in Thailand and will build more in Malaysia; new line can turn out 500,000 units annually - Nikkei
TOKYO Panasonic Corp said on Thursday its avionics unit is being investigated by U.S. authorities under the Foreign Corrupt Practices Act (FCPA) and that it has recently begun talks with U.S. officials to resolve the matter.
* Panasonic Avionics probed by DOJ, SEC under FCPA, securities law
TOKYO Japan's Panasonic Corp raised its full-year operating profit outlook on Thursday as it benefited from a weaker yen that has boosted the value of earnings repatriated from overseas.
TOKYO, Feb 2 Japan's Panasonic Corp raised its full-year operating profit outlook on Thursday as it benefited from a weaker yen that has boosted the value of earnings repatriated from overseas.
TOKYO, Feb 2 Panasonic Corp said on Thursday its avionics business is being investigated by the U.S. Department of Justice (DOJ) and Securities and Exchange Commission (SEC) under the Foreign Corrupt Practices Act (FCPA) and U.S. securities-related regulations.
(Adds company forecast. Accounting policy for forecast is IFRS.) Feb 2 (Reuters)- Panasonic Corp CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 9 months ended 9 months ended Year to Dec 31, 2016 Dec 31, 2015 Mar 31, 2017 LATEST YEAR-AGO COMPANY RESULTS RESULT FORECAST Sales 5.35 trln 5.67 trln 7.3
BRIEF-Panasonic to partner with United Microelectronics to develop and produce power-saving memory- Nikkei
* Panasonic to partner with Taiwanese chip foundry United Microelectronics Corp to develop and mass-produce an advanced power-saving memory
* Panasonic Corp to stop making vacuum cleaners in North America, shedding 70 or so American jobs- Nikkei
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