The Japanese electronics company posts fiscal fourth-quarter earnings per share of about 23 cents from sales of $14.2 billion. Wall Street was looking for about 12 cents and $13 billion, respectively.
Panasonic said on Friday it planned to cut 10,000 jobs this financial year. The Japanese company said in a statement that the measures were aimed at boosting its efficiency.

Panasonic Holdings to Cut 10,000 Jobs Globally

04:01am, Friday, 09'th May 2025
The Japanese electronics maker said it would re-evaluate the numbers of organizations and personnel needed.
Japan's Panasonic Holdings said on Friday it will cut 10,000 employees and expected to book structural reform costs of 130 billion yen ($896.06 million) this business year as part of a continuing mana
Panasonic, a storied Japanese company, is not currently "cheap" unless a premium multiple is assigned, but it offers stable fundamentals and conservative management. Japanese companies, including Pana
NEWARK, N.J. , April 8, 2025 /PRNewswire/ -- Panasonic Corporation of North America  today announced it has received a Great Place to Work® Certification for the fourth consecutive year, in recogni
Panasonic Holdings Corporation (OTCPK:PCRFF) Q3 2025 Earnings Conference Call February 4, 2025 1:30 AM ET Company Participants Hirokazu Umeda - Group Chief Financial Officer Yuki Kusumi - Group CEO Co
Japan's Panasonic Holdings said on Thursday the third-quarter operating profit of its energy unit, which supplies batteries to Tesla , rose 39% from a year earlier on improved profitability at its U.S
CATL, the largest battery maker in the world, has been added to the US military black list, highlighting a significant future TAM hole potential for growth for competition. Despite being considered "d

Panasonic's Bullish Partnership with Lucid

01:50pm, Wednesday, 08'th Jan 2025
Panasonic North America Chairwoman & CEO Megan Myungwon Lee discusses the company's relationship with EV maker Lucid after a successful past partnership with Tesla. She joins Ed Ludlow on "Bloomberg T

Panasonic: Silver Linings To The IRA Concerns

07:47am, Sunday, 15'th Dec 2024
Panasonic faces a very real risk of losing its IRA credits. But there's light at the end of the tunnel. The stock is cheap enough to warrant a position.
I have upgraded my rating for Panasonic Holdings Corporation to a Buy, after assessing the revenue growth prospects for its Generative AI businesses and the operating profitability outlook for its HVA
YOKOHAMA, Japan & CAMBRIDGE, England--(BUSINESS WIRE)-- #arm--Panasonic Automotive Systems Co., Ltd. (PAS) and Arm today announced a strategic partnership aimed at standardizing automotive architectur
Panasonic Holdings Corporation (OTCPK:PCRFF) Q2 2025 Earnings Call Transcript October 31, 2024 2:30 AM ET Company Participants Hirokazu Umeda - Group Chief Financial Officer Conference Call Participan
Japan's Panasonic Holdings said on Thursday the second-quarter operating profit of its battery-making energy unit rose 42%, despite pressure from decreasing demand in Japan and lower sales values in N
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