Consumer Durables
Panasonic Corp.
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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 2019 | JPY | USD |
| Revenue | 8,002.73B | 72,165.17M |
| Gross Profit | 2,181.00B | 19,667.39M |
| Operating income | 326,485M | 2,944.10M |
| Income before tax | 416,456M | 3,755.41M |
| Net income | 284,149M | 2,562.33M |
| EBITDA | 622,526M | 5,613.66M |
| Diluted EPS | 121.74 | 1.09 |
| Dividends Per Share | 30 | 0.27 |
| Total Assets | 6,013.93B | 54,333.75M |
| Total liabilities | 3,929.31B | 35,499.98M |
| Total equity | 1,913.51B | 17,287.91M |
| Operating cash flow | 203,677M | 1,836.67M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 7,715.03B | 7,626.30B | 7,343.70B | 7,982.16B | 8,002.73B |
| Gross Profit | 2,189.76B | 2,173.92B | 2,104.09B | 2,255.07B | 2,181.00B |
| Operating income | 383,851M | 413,246M | 343,616M | 402,012M | 326,485M |
| Income before tax | 182,456M | 227,529M | 275,066M | 378,590M | 416,456M |
| Net income | 179,485M | 165,212M | 149,360M | 236,040M | 284,149M |
| EBITDA | 670,379M | 690,962M | 613,614M | 689,766M | 622,526M |
| Diluted EPS | 77.64 | 71.29 | 64.31 | 101.15 | 121.74 |
| Dividends Per Share | 18 | 25 | 25 | 30 | 30 |
| Total Assets | 5,956.94B | 5,488.02B | 5,982.96B | 6,291.14B | 6,013.93B |
| Total liabilities | 3,964.39B | 3,840.79B | 4,223.02B | 4,408.86B | 3,929.31B |
| Total equity | 1,823.29B | 1,444.44B | 1,571.88B | 1,707.55B | 1,913.51B |
| Operating cash flow | 491,463M | 419,355M | 385,410M | 423,182M | 203,677M |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
| Revenue | 70,228.32M | 63,507.94M | 67,816.75M | 72,020.11M | 72,165.17M |
| Gross Profit | 19,932.93M | 18,103.29M | 19,430.63M | 20,346.70M | 19,667.39M |
| Operating income | 3,494.11M | 3,441.29M | 3,173.18M | 3,627.20M | 2,944.10M |
| Income before tax | 1,660.85M | 1,894.74M | 2,540.14M | 3,415.87M | 3,755.41M |
| Net income | 1,633.81M | 1,375.80M | 1,379.29M | 2,129.70M | 2,562.33M |
| EBITDA | 6,102.31M | 5,753.97M | 5,666.52M | 6,223.50M | 5,613.66M |
| Diluted EPS | 0.70 | 0.59 | 0.59 | 0.91 | 1.09 |
| Dividends Per Share | 0.16 | 0.20 | 0.23 | 0.27 | 0.27 |
| Total Assets | 49,672.26M | 48,828.00M | 53,692.55M | 59,155.11M | 54,333.75M |
| Total liabilities | 33,057.28M | 34,172.25M | 37,898.46M | 41,456.15M | 35,499.98M |
| Total equity | 15,203.60M | 12,851.47M | 14,106.51M | 16,055.95M | 17,287.91M |
| Operating cash flow | 4,473.68M | 3,492.17M | 3,559.13M | 3,818.21M | 1,836.67M |
Valuation Measures
| Mar 2019 | |
| PER | 7.83 |
| ROA | 4.61% |
| ROE | 15.69% |
| Operating margin | 4.07% |
| Profit margin | 3.55% |
Key executives
- President, CEO & Representative Director: Kazuhiro Tsuga
- CFO, Director & Managing Executive Officer: Hirokazu Umeda
- Chief Technology & Information Officer: Yoshiyuki Miyabe
- Director & Chief Compliance Officer: Laurence William Bates
- Representative Director & Executive Vice President: Yoshio Ito
Shareholders
- Panasonic Corp. (4.9%)
- Nomura Asset Management Co., Ltd. (2.8%)
- Nippon Life Insurance Co. (2.8%)
- Templeton Global Advisors Ltd. (2.4%)
- The Vanguard Group, Inc. (2.3%)
- Panasonic Employee Stock Ownership Plan (1.6%)
- Sumitomo Life Insurance Co. (1.5%)
- BlackRock Fund Advisors (1.3%)
- Daiwa Asset Management Co. Ltd. (1.2%)
- Nikko Asset Management Co., Ltd. (1.2%)
Contact Details
- Website:http://www.panasonic.com/jp/home.html
- Address: 1006 Oaza Kadoma, Kadoma, Osaka, 571-8501, Japan
- Phone: +81.6.6908.1121
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Last Updated on 12 Nov, 2019