panasonic annual report 2020

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Panasonic Reports Fiscal 2020 Annual Results Osaka Japan

Panasonic Reports Fiscal 2020 Annual Results Osaka Japan May 18 2020 -- Panasonic Corporation (Panasonic [TSE:6752]) today reported its consolidated financial results for the year ended March 31 2020 (fiscal 2020) The Company also reported its parent-alone financial results for fiscal 2020

PDF	Fiscal 2020 Financial Results Promoted Co-creation initiatives (automotive prismatic battery town development and security systems) Set a firm direction for loss-making businesses including semiconductors liquid crystal display panels and solar

How much did Panasonic make in 2022?
Panasonic annual revenue for 2022 was $65.76B, a 4.43% increase from 2021. Panasonic annual revenue for 2021 was $62.969B, a 8.63% decline from 2020. PANASONIC CORPORATION is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs.
What is Panasonic's contribution to society?
Since the Company's foundation, Panasonic has endeavored to contribute to the progress and development of society and the well-being of people through its business activities based on the thinking that a company is a public entity of society.
Why did Panasonic increase sales & profit in 4Q?
Panasonic • Sales and profit increased due to favorable sales in indoor Ecology air quality (IAQ) business such as ventilation systems, and Systems environmental engineering business. Despite deconsolidation impact from 4Q, both sales and profit continued to be favorable due mainly to prime Homes contractor for home building until 3Q.
When will the Panasonic Annual Report 2020 be published?
Jan 29, 2021 Osaka, Japan - On January 20, 2021, Panasonic Corporation published the second part of its "Annual Report 2020" to complete the first part published in September 2020. This year's Annual Report is published in a series of two parts to provide up-to-date information.

Business Portfolio Reform Progress

Promoted Co-creation initiatives (automotive prismatic battery, town development, and security systems) Set a firm direction for loss-making businesses including semiconductors, liquid crystal display panels, and solar holdings.panasonic

Securing health and safety of various stakeholders

(customers, business partners, employees and others) holdings.panasonic

Business Continuity Planning (BCP)

 In accordance with laws and policies in nations and regions, executing initiatives toward preventing further spread of disease as the highest priority holdings.panasonic

[Initiatives]

Implementing basic policy of working from home as much as possible by employees who can. Taking measures to prevent infection in manufacturing fronts (in addition, taking thorough safety measures in case of outbreak) Helping to solve social concerns by utilizing group resources, providing products and services as well as medical supplies, etc. [Ini

Demand: Decreased by the impact of weakening aviation and automobile industries, as well as

entertainment industry, resulting from event cancellations Supply : Impacted by lower utilization at factories such as those in Asia due to lockdowns and parts and components procurement issues Demand: Sharp decrease impacted by customers temporarily suspending operations at factories in light of lockdowns and other concerns Supply : Sharp decline

Disclaimer Regarding Forward-Looking Statements

This presentation includes forward-looking statements about Panasonic and its Group companies (the Panasonic Group). To the extent that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements. These forward-looking statements are based on the current assumptions and beliefs of the Pan

FY19 OP: -30.3 FY20

** Refrigeration and Air-Conditioning Devices BD, Smart Energy System BD, sales of other Divisional Company products, headquarter-related, eliminations, etc. * In real terms excluding the effect of exchange rates holdings.panasonic

Life Solutions

Other income/loss • (Reference) Segment Information holdings.panasonic

Overview

(yen: billions) * In real terms excluding the effect of exchange rates holdings.panasonic

Overview

(yen: billions) * In real terms excluding the effect of exchange rates holdings.panasonic

Major increase/decrease factors

Other income/loss • (Reference) Segment Information holdings.panasonic

Overview

(yen: billions) * In real terms excluding the effect of exchange rates holdings.panasonic

FY20

Sales and profit decreased due mainly to held-back capital investment in China and sluggish sales of FA sensors, motors and relays impacted by COVID-19, and shrinkage of rechargeable battery business for ICT-use, despite steady growth in automotive power supplies and storage battery systems for data centers Sales and profit decreased due to downt

Appliances Life Connected Industrial Automotive Solutions Solutions Solutions

Spatial Solutions Gemba Process Industrial Solutions Automotive Solutions Automotive Batteries Consumer Electronics Housing Heating and Cooling Solutions, Commercial Refrigeration & Food Equipment Home Appliances, Smart Life Network Lighting, Energy Systems*, Panasonic Ecology Systems Housing Systems, Media Entertainment Avionics, Process Automatio

AP

• Smart Life Network : Heating and Cooling Solutions BD : Kitchen Appliances BD, Laundry Systems and Others Heating and Cooling Commercial Solutions Refrigeration & Vacuum Cleaner BD, Beauty and Personal Care BD Food Equipment : Smart Life Network BD Home Appliances Smart Life Commercial Refrigeration & Food Equipment Lighting Energy Systems Pan

CNS

Media Entertainment Mobile Solutions PSSJ : Cold Chain BD, Hussmann Corporation : Lighting BD : Energy Systems BD : Panasonic Ecology Systems Co., Ltd. Network Others Lighting Energy Systems Panasonic : Housing Systems BD Homes Housing : Panasonic Homes Co., Ltd. Systems : Panasonic Avionics Corporation, Avionics BU : Process Automation BD : Me

(Reference) List of Sub-segments (formerly Businesses whose sales are disclosed) in FY21

Sub-segments Major Business Divisions, etc. Heating and Cooling Solutions : Heating and Cooling Solutions BD Home Appliances : Kitchen Appliances BD, Laundry Systems and Vacuum Cleaner BD, Beauty and Personal Care BD Smart Life Network : Smart Life Network BD : Cold Chain BD, Hussmann Corporation : Refrigeration and Air-Conditioning Devices BD, Sma

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