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, Life Solutions, Connected Solutions, Automotive, Industrial Solutions, and Others. The Appliances segment provides consumer electronics such as flat panels televisions, refrigerators, washing machines, microwave ovens, video equipment, rice cookers, and vacuum cleaners. It also offers air conditioners, cold chains, metering devices, and fuel cells. The Life Solutions segment handles the manufacture and sales of lighting fixtures, home automation systems, and ventilation equipment. The Connected Solutions segment covers in-flight entertainment systems, electronic component mounting systems, welding machines, projectors, commercial camera systems, personal computers, and tablets. The Automotive segment deals with in-vehicle infotainment and electronics such as next-generation cockpit systems, navigation systems, camera modules, onboard charging systems, and inverter-integrated compressors. The Industrial Solutions segment markets electromechanical and control devices, liquid crystal panels, motors, primary batteries, and rechargeable batteries. The Others segment includes the sales of raw materials. The company was founded by Konosuke Matsushita on March 7, 1918 and is headquartered in Osaka, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 6,698.79B 63,161.95M Gross Profit 1,854.84B 17,489.04M Operating income 313,065M 2,951.84M Income before tax 281,573M 2,654.91M Net income 165,072M 1,556.43M EBITDA 630,637M 5,946.18M Diluted EPS 70.71 0.66 Dividends Per Share 20 0.18 Total Assets 6,847.07B 61,964.46M Total liabilities 4,078.57B 36,910.14M Total equity 2,594.03B 23,475.42M Operating cash flow 504,038M 4,752.50M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 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 2017 Mar 2018 Mar 2019 Mar 2020 Mar 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
PER 20.11 ROA 2.52% ROE 7.18% Operating margin 4.67% Profit margin 2.46%
Key executives
President, CEO & Representative Director:
Yuki Kusumi
CFO, Director & Senior Managing Executive Officer:
Hirokazu Umeda
Chief Information Officer & Executive Officer:
Hajime Tamaoki
Chief Technology Officer & Executive Officer:
Tatsuo Ogawa
Director & Chief Compliance Officer:
Laurence William Bates Shareholders
Panasonic Corp. (4.8%)
Nomura Asset Management Co., Ltd. (3.3%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
BlackRock Fund Advisors (2.7%)
The Vanguard Group, Inc. (2.2%)
Nippon Life Insurance Co. (1.9%)
Nikko Asset Management Co., Ltd. (1.8%)
Daiwa Asset Management Co. Ltd. (1.5%)
Panasonic Employee Stock Ownership Plan (1.5%)
Sumitomo Life Insurance Co. (1.5%)
Related Companies
Hussmann New Zealand Acquisition Ltd.
Panasonic Equity Management Japan GK
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.
Competitors
Samsung Electronics Co., Ltd.
Hitachi,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 Rexnord Corporation
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
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 14 Jan, 2022
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
Celebrate our next chapter Find out more