Panasonic paper over appearance somehow weaker yen, restructuring
Net income for the April-June period consolidated financial statements in 2013 Panasonic has announced the 31st becomes a 107.8 billion yen, it was a record high on a quarterly basis. Profits generated by changing the pension system is main cause of recovery. And reduction of labor costs, the profit rate of overseas sales improved in the weaker yen also contributed.
October-December period since '12, in the first time in two quarters, the final surplus is about 8.4 times that of the same period last year was a surplus of 12.8 billion yen.
In an increase of approximately 1.7 times and 64.2 billion yen, a certain effect has been reflected in reforms aimed at eliminating deficit business also operating income that indicates the profit of our core business.
However, mobile phone business struggled. Flat-screen TV panel business was also continued to slump.
(Co-)
http://www.chunichi.co.jp/s/article/2013073101001552.html
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