Panasonic Corporation operates in the Engine electrical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Panasonic with three other
electrical equipment manufacturers in Asia:
Motherson Sumi Systems Limited
of INDIA
(2020
sales of 635.37 billion Indian Rupees [US$8.77 billion]
of which 51%
was SMP),
Denso Corporation
(5.15 trillion Japanese Yen [US$48.70 billion]
of which 45%
was Operating Segment-Japan), and
Sumitomo Electric Industries Limited
(3.11 trillion Japanese Yen [US$29.36 billion]
of which 54%
was Automotive-Related Business).
Sales Analysis.
Panasonic reported sales of ¥7.49 trillion (US$70.79 billion)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 6.4%
versus 2019, when the company's sales were ¥8.00 trillion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Panasonic had sales
of ¥7.72 trillion.
Contributing to the drop in overall sales was the 7.7% decline
in Connected Solutions, from ¥1.00 trillion to ¥924.10 billion.
There were also decreases in sales in
Appliance (down 5.9% to ¥2.38 trillion)
.
However, these declines were partially offset by the increase in sales of
Other (up 1.2% to ¥257.96 billion)
.