Panasonic Forecasts 420 Billion Yen Net Loss on Strong Yen

Panasonic Forecasts 420 Billion Yen Net Loss on Strong Yen

Kiyoshi Ota/Bloomberg

Panasonic reversed an earlier projection for profit of 30 billion yen for the year ending March 2012, the Osaka-based electronics maker said in a statement today.are displayed at an electronics store in Tokyo.