February 28, 2017 3:22 AM ET

Household Durables

Company Overview of Panasonic Manufacturing Philippines Corporation

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 primarily related media and entertainment industry; and home appliance and household equipment for household consumers. The System Network and Communication segment offers automation equipment, such as telecommu...

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 Corporation

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

Panasonic Manufacturing Philippines Corporation Key Developments

Panasonic Manufacturing Philippines Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended of December 31, 2016; Provides Revenue Outlook for the Full Year of Fiscal 2018

Panasonic Manufacturing Philippines Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended of December 31, 2016. For the quarter, the company reported operating revenue of PHP 2,377,213,000 compared to PHP 2,095,714,000 a year ago. Net income before tax was PHP 83,978,000 compared to PHP 75,140,000 a year ago. Net income after tax was PHP 64,110,000 compared to PHP 56,060,000 a year ago. Net income attributable to parent equity holder was PHP 63,737,000 compared to PHP 56,060,000 a year ago. Diluted earnings per share was PHP 0.15 compared to PHP 0.13 a year ago. Income from operations was PHP 78,359,000 compared to PHP 61,631,000 a year ago. For the nine months, the company reported operating revenue of PHP 7,669,463,000 compared to PHP 6,372,455,000 a year ago. Net income before tax was PHP 422,639,000 compared to PHP 259,912,000 a year ago. Net income after tax was PHP 332,512,000 compared to PHP 204,794,000 a year ago. Net income attributable to parent equity holder was PHP 331,356,000 compared to PHP 207,061,000 a year ago. Diluted earnings per share was PHP 0.78 compared to PHP 0.49 a year ago. Income from operations was PHP 368,504,000 compared to PHP 220,606,000 a year ago. Book Value per Share as on December 31, 2016 was PHP 10.23. Net cash provided by operating activities was PHP 266,545,000 compared to PHP 497,745,000 a year ago. The company also announced that it expects revenue to reach PHP 12 billion in its next fiscal year, starting April 2017 to March 2018, as it shifts marketing strategy to rolling out more energy-efficient consumer durable goods.

Panasonic Manufacturing Philippines Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2016

Panasonic Manufacturing Philippines Corp. reported unaudited consolidated earnings results for the second quarter and six months ended September 30, 2016. For the six months, the company’s operating net sales were PHP 5,292,250,000 against PHP 4,276,741,000 a year ago. Income from operations was PHP 290,145,000 against PHP 158,975,000 a year ago. Income before income tax was PHP 338,661,000 against PHP 184,772,000 a year ago. Net income for the period was PHP 268,402,000 against PHP 148,734,000 a year ago. EPS was PHP 0.63 against PHP 0.35 a year ago. Net cash provided by operating activities was PHP 520,659,000 against PHP 492,720,000 a year ago. Acquisition of property and equipment - net was PHP 6,893,000 against PHP 46,413,000 a year ago. For the quarter, the company’s operating net sales were PHP 2,164,884,000 against PHP 1,921,583,000 a year ago. Income from operations was PHP 92,609,000 against PHP 51,404,000 a year ago. Income before income tax was PHP 105,725,000 against PHP 65,441,000 a year ago. Net income for the period was PHP 79,017,000 against PHP 48,584,000 a year ago. EPS was PHP 0.19 against PHP 0.12 a year ago.

Panasonic Manufacturing Philippines Corp. Reports Unaudited Consolidated Earnings Results for First Quarter Ended June 30, 2016

Panasonic Manufacturing Philippines Corp. reported unaudited consolidated earnings results for first quarter ended June 30, 2016. For the quarter, the company’s operating Net Sales were PHP 3,127,366,000 against PHP 2,355,158,000 a year ago. Income from operations was PHP 197,536,000 against PHP 107,571,000 a year ago. Income before income tax was PHP 232,936,000 against PHP 119,331,000 a year ago. Net income attributable to equity holder of the parent was PHP 189,774,000 against PHP 101,900,000 a year ago. EPS was PHP 0.45 against PHP 0.24 a year ago. Net cash provided by operating activities was PHP 329,670,000 against PHP 240,098,000 a year ago. Acquisition of property and equipment - net was PHP 41,258,000 against PHP 17,730,000 a year ago. Book value per share as on June 30, 2016 was PHP 9.89.

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Recent Private Companies Transactions

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