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February 12, 2016 1:42 AM ET

Household Durables

Company Overview of Panasonic Manufacturing Philippines Corp.

Company Overview

Panasonic Manufacturing Philippines Corporation manufactures, imports, and distributes electronic, electrical, mechanical, and electro-mechanical appliances. The company also offers other types of machinery, parts, and components; batteries; and other related products under the Panasonic brand name. It operates through Global Consumer Marketing Sector, System Network and Communication, and Others segments. The Global Consumer Marketing Sector segment provides audio and video products, and home appliance and equipment to media, entertainment, and household consumers. The System Network and Communication segment offers automation equipment, such as telecommunication products, security systems,...

Ortigas Avenue Extension

Barrio Mapandan

Barangay San Isidro

Taytay

Rizal,  1920

Philippines

Founded in 1963

Phone:

63 2 635 2260

Fax:

65 2 284 2276

Key Executives for Panasonic Manufacturing Philippines Corp.

Panasonic Manufacturing Philippines Corp. does not have any Key Executives recorded.

Panasonic Manufacturing Philippines Corp. Key Developments

Panasonic Manufacturing Philippines Corp. Elects Shinichi Hayashi as Director and President of Board of Directors

Panasonic Manufacturing Philippines Corp. announced the election of Mr. Shinichi Hayashi as Director and President of the Board of Directors, effective January 6, 2016.

Panasonic Manufacturing Philippines Corp. Announces the Resignation of Mr. Nobuo Yasuhira as President and Chairman of the Board of Directors, with Effect from January 2, 2016

Panasonic Manufacturing Philippines Corp. announced the resignation of Mr. Nobuo Yasuhira as president and chairman of the board of directors, with effect from January 2, 2016.

Panasonic Manufacturing Philippines Corporation Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended September 30, 2015

Panasonic Manufacturing Philippines Corporation reported consolidated unaudited earnings results for the second quarter and six months ended September 30, 2015. For the six months, the company reported net sales of PHP 4,276,741,000 against PHP 3,806,228,000 for the same period previous year. Income from operations was PHP 158,975,000 against PHP 112,418,000 for the same period of previous year. Income before income tax was PHP 184,772,000 against PHP 125,945,000 for the same period of previous year. Net income for the period attributable to equity holders of the parent was PHP 150,242,000 or PHP 0.35 per share against PHP 101,190,000 or PHP 0.24 per share a year ago. Net cash provided by operating activities was PHP 492,720,000 against PHP 277,854,000 a year ago. For the quarter, the company reported net sales of PHP 1,921,583,000 against PHP 1,675,337,000 for the same period previous year. Income from operations was PHP 51,404,000 against PHP 21,125,000 for the same period of previous year. Income before income tax was PHP 65,441,000 against PHP 28,066,000 for the same period of previous year. Net income for the period attributable to equity holders of the parent was PHP 49,342,000 or PHP 0.12 per share against PHP 18,628,000 or PHP 0.04 per share a year ago.

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