Consumer Durables

Panasonic Holdings Corp.

Business Summary

Panasonic Holdings 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 2022	JPY	USD
Revenue	7,388.79B	65,752.55M
Gross Profit	1,953.64B	17,385.40M
Operating income	366,166M	3,258.49M
Income before tax	373,032M	3,319.59M
Net income	255,323M	2,272.10M
EBITDA	705,314M	6,276.56M
Diluted EPS	109.37	0.97
Dividends Per Share	30	0.26
Total Assets	8,023.58B	66,105.73M
Total liabilities	4,676.41B	38,528.62M
Total equity	3,164.96B	26,075.89M
Operating cash flow	252,630M	2,248.14M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	7,982.16B	8,002.73B	7,490.60B	6,698.79B	7,388.79B
Gross Profit	2,255.07B	2,181.00B	2,029.30B	1,854.84B	1,953.64B
Operating income	402,012M	326,485M	297,166M	313,065M	366,166M
Income before tax	378,590M	416,456M	291,050M	281,573M	373,032M
Net income	236,040M	284,149M	225,700M	165,072M	255,323M
EBITDA	689,766M	622,526M	670,141M	630,637M	705,314M
Diluted EPS	101.15	121.74	96.69	70.71	109.37
Dividends Per Share	30	30	30	20	30
Total Assets	6,291.14B	6,013.93B	6,218.51B	6,847.07B	8,023.58B
Total liabilities	4,408.86B	3,929.31B	4,062.65B	4,078.57B	4,676.41B
Total equity	1,707.55B	1,913.51B	1,998.34B	2,594.03B	3,164.96B
Operating cash flow	423,182M	203,677M	430,303M	504,038M	252,630M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	72,020.11M	72,165.17M	68,894.43M	63,161.95M	65,752.55M
Gross Profit	20,346.70M	19,667.39M	18,664.43M	17,489.04M	17,385.40M
Operating income	3,627.20M	2,944.10M	2,733.16M	2,951.84M	3,258.49M
Income before tax	3,415.87M	3,755.41M	2,676.91M	2,654.91M	3,319.59M
Net income	2,129.70M	2,562.33M	2,075.86M	1,556.43M	2,272.10M
EBITDA	6,223.50M	5,613.66M	6,163.58M	5,946.18M	6,276.56M
Diluted EPS	0.91	1.09	0.88	0.66	0.97
Dividends Per Share	0.27	0.27	0.27	0.18	0.26
Total Assets	59,155.11M	54,333.75M	57,602.87M	61,964.46M	66,105.73M
Total liabilities	41,456.15M	35,499.98M	37,632.80M	36,910.14M	38,528.62M
Total equity	16,055.95M	17,287.91M	18,510.94M	23,475.42M	26,075.89M
Operating cash flow	3,818.21M	1,836.67M	3,957.69M	4,752.50M	2,248.14M

Valuation Measures

Mar 2022
PER	10.86
ROA	3.43%
ROE	8.86%
Operating margin	4.95%
Profit margin	3.45%

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 Holdings Corp. (4.8%)
Nomura Asset Management Co., Ltd. (3.5%)
BlackRock Fund Advisors (2.9%)
The Vanguard Group, Inc. (2.2%)
Nippon Life Insurance Co. (1.9%)
Norges Bank Investment Management (1.9%)
BlackRock Japan Co., Ltd. (1.7%)
Nikko Asset Management Co., Ltd. (1.6%)
Daiwa Asset Management Co. Ltd. (1.6%)
Sumitomo Life Insurance Co. (1.5%)

Contact Details

Website:http://www.panasonic.com/jp/top.html
Address: 1006 Oaza Kadoma, Kadoma, Osaka, 571-8501, Japan
Phone: +81.6.6908.1121

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Last Updated on 30 Mar, 2023