ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Consumer Durables

Panasonic Corp.

Business Summary

Panasonic Corp. engages in the development, manufacture, and sale of electrical products. It operates through the following segments: Appliances, Eco Solutions, Connected Solutions Company, Automotive and Industrial Systems, and Others. The Appliances segment develops and manufactures white goods such as vacuum cleaner, washing machine, refrigerator, and air conditioner; as well as health and beauty products. The Eco Solutions segment handles development, manufacture and sale of lighting fixtures and electric lamps including LED lighting, solar photovoltaic systems, wiring devices, interior furnishing materials, water-related products, ventilation and air-conditioning equipment, air purifiers, and others. The Connected Solutions segment offers system integration, installation, support, and maintenance services for aviation, manufacturing, entertainment, retail, and logistics. The Automotive and Industrial System segment develops, manufactures, sells and provide services for car-use-multimedia-related equipment, electrical components, lithium-ion batteries, storage batteries, dry batteries, electronic components, electronic materials, automation controls, semiconductors, optical devices, electronic-components-mounting machines, welding equipment, bicycles, and others. The Others segment deal with detached housing, rental apartment housing, land and buildings for sale, home remodeling, imported materials and components, and others. The company was founded by Konosuke Matsushita on March 7, 1918 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue6,698.79B63,161.95M
Gross Profit1,854.84B17,489.04M
Operating income313,065M2,951.84M
Income before tax281,573M2,654.91M
Net income165,072M1,556.43M
EBITDA630,637M5,946.18M
Diluted EPS70.710.66
Dividends Per Share200.18
Total Assets6,847.07B61,964.46M
Total liabilities4,078.57B36,910.14M
Total equity2,594.03B23,475.42M
Operating cash flow504,038M4,752.50M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 7,343.70B 7,982.16B 8,002.73B 7,490.60B 6,698.79B
Gross Profit 2,104.09B 2,255.07B 2,181.00B 2,029.30B 1,854.84B
Operating income 343,616M 402,012M 326,485M 297,166M 313,065M
Income before tax 275,066M 378,590M 416,456M 291,050M 281,573M
Net income 149,360M 236,040M 284,149M 225,700M 165,072M
EBITDA 604,315M 689,766M 622,526M 670,141M 630,637M
Diluted EPS 64.30 101.15 121.74 96.69 70.71
Dividends Per Share 25 30 30 30 20
Total Assets 5,982.96B 6,291.14B 6,013.93B 6,218.51B 6,847.07B
Total liabilities 4,223.02B 4,408.86B 3,929.31B 4,062.65B 4,078.57B
Total equity 1,571.88B 1,707.55B 1,913.51B 1,998.34B 2,594.03B
Operating cash flow 385,410M 423,182M 203,677M 430,303M 504,038M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 67,816.75M 72,020.11M 72,165.17M 68,894.43M 63,161.95M
Gross Profit 19,430.63M 20,346.70M 19,667.39M 18,664.43M 17,489.04M
Operating income 3,173.18M 3,627.20M 2,944.10M 2,733.16M 2,951.84M
Income before tax 2,540.14M 3,415.87M 3,755.41M 2,676.91M 2,654.91M
Net income 1,379.29M 2,129.70M 2,562.33M 2,075.86M 1,556.43M
EBITDA 5,580.65M 6,223.50M 5,613.66M 6,163.58M 5,946.18M
Diluted EPS 0.59 0.91 1.09 0.88 0.66
Dividends Per Share 0.23 0.27 0.27 0.27 0.18
Total Assets 53,692.55M 59,155.11M 54,333.75M 57,602.87M 61,964.46M
Total liabilities 37,898.46M 41,456.15M 35,499.98M 37,632.80M 36,910.14M
Total equity 14,106.51M 16,055.95M 17,287.91M 18,510.94M 23,475.42M
Operating cash flow 3,559.13M 3,818.21M 1,836.67M 3,957.69M 4,752.50M

Valuation Measures

Mar 2021
PER20.11
ROA2.52%
ROE7.18%
Operating margin4.67%
Profit margin2.46%

Key executives

  • President, Chief Executive Officer & Director: Yuki Kusumi
  • CFO, Director & Managing Executive Officer: Hirokazu Umeda
  • Chief Technology & Information Officer: Yoshiyuki Miyabe
  • Director & Chief Compliance Officer: Laurence William Bates
  • Chief Strategy Officer & Executive Officer: Eiichi Katayama

Shareholders

  • Panasonic Corp. (4.9%)
  • Nomura Asset Management Co., Ltd. (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Nippon Life Insurance Co. (2.8%)
  • BlackRock Fund Advisors (2.7%)
  • The Vanguard Group, Inc. (2.1%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Panasonic Employee Stock Ownership Plan (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • Sumitomo Life Insurance Co. (1.5%)

Contact Details

Related Companies

  • Panasonic PROIE Services Co. Ltd.
  • Panasonic AGE-FREE Co. Ltd.
  • Panasonic Corp. /Three Subsidiaries/
  • Panasonic Corp. /Chipmaking Business/
  • Panasonic Restricted Stock Compensation Plan
  • Connected Solutions Co.
  • Panasonic Corp. /Solar Power R&D Division/
  • Panasonic Intellectual Property Management Co. Ltd.
  • MCA Funding II Holding
  • Hussmann Services Corp.
  • Panasonic Sanki Systems Co., Ltd.
  • Panasonic Europe BV
  • Panasonic Business Support Europe GmbH
  • Shiftall, Inc.
  • Delta Aerospace Corp.
  • Union Rhac Tecnologia em Eficiencia Energetica Ltda.
  • Pall Aerospace Corp.
  • Panasonic Industrial Devices Optical Semiconductor Co., Ltd.
  • Panasonic Mobile Communications & Networks Ltd.
  • Matsushita Battery Industrial de Mexico SA de CV
  • Matsushita Industrial Information Equipment Co., Ltd.
  • PUX Corp.
  • Coronal Energy LLC
  • Panasonic Industrial Devices Sales Asia
  • Panasonic Cold-Chain (Dalian) Co., Ltd.
  • Panasonic Hungary Ltd.
  • Panasonic Industrial Devices Obihiro Co. Ltd.
  • Panasonic Electrical & Mechanical (China) Co. Ltd.
  • Panasonic Industrial Devices SUNX (Thailand) Co. Ltd.
  • Panasonic Logistics Asia Pacific Pte Ltd.

Competitors

  • Samsung Electronics Co., Ltd.
  • Canon Inc.
  • Vishay Intertechnology, Inc.
  • VOXX International Corporation Class A
  • Primax Electronics Ltd.
  • Garmin Ltd.
  • Vicon Industries, Inc.
  • ABB Ltd.
  • Havells India Limited
  • Darfon Electronics Corp
  • Legrand SA
  • Carrier Global Corp.
  • Dover Corporation
  • INPAQ Technology Co., Ltd
  • Dayou Automotive Seat Technology Co., Ltd
  • Nexcom International Co., Ltd.
  • Regal Beloit Corp
  • Aptiv PLC
  • Shenzhen Inovance Technology Co., Ltd Class A
  • Hengdian Group DMEGC Magnetics Co., Ltd Class A
  • LG Display Co., Ltd
  • Coretronic Corporation
  • Zebra Technologies Corporation Class A
  • O2Micro International Limited Sponsored ADR
  • Stoneridge, Inc.
  • Lincoln Electric Holdings, Inc.
  • LIXIL Corporation
  • II-VI Incorporated
  • Thales SA
  • Whirlpool Corporation
Last Updated on 22 Sep, 2021

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to Nikkei Asia has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more