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May 05, 2015 6:34 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, as well as other types of machinery, parts and components, batteries, and other related products under the Panasonic brand name. It operates through three segments: Global Consumer Marketing Sector, System Network and Communication, and Others. The company’s primary products include refrigerators, washing machines, electric fans, freezers, and imported appliances, such as LCD/PDP TV sets and digital AV products; communications equipment/devices, including corded/cordless telephones, fax machines, PABX, etc.; office automation equipment ...

Ortigas Avenue, Extension

Taytay

Rizal,  1920

Philippines

Founded in 1963

Phone:

63 2 635 2260

Fax:

65 2842276

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 Corporation Declares Dividend, Payable on May 4, 2015

Panasonic Manufacturing Philippines Corp. declared a cash dividend of 10% equivalent to PHP 0.10 per share or the total amount of PHP 42,271,802.00 in favor of all its stockholders or record as of April 7, 2015 payable on May 4, 2015.

Panasonic Manufacturing Philippines Corporation Announces Death of Evangelista Cuenco, Independent Director

Panasonic Manufacturing Philippines Corporation announced death of Mr. Evangelista Cuenco, Independent Director of the company.

Panasonic Manufacturing Philippines Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Panasonic Manufacturing Philippines Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales of PHP 1,587,903,000 against PHP 1,453,746,000 a year ago. Income from operations was PHP 7,921,000 against PHP 4,625,000 a year ago. Income before income tax was PHP 37,323,000 against PHP 16,793,000 a year ago. Attributable to equity holders of the parent was PHP 26,682,000 against PHP 10,180,000 a year ago. Earnings per share were PHP 0.06 against PHP 0.02 a year ago. For the nine months, the company reported net sales of PHP 5,394,131,000 against PHP 5,079,852,000 a year ago. Income from operations was PHP 120,339,000 against PHP 104,637,000 a year ago. Income before income tax was PHP 163,268,000 against PHP 129,036,000 a year ago. Attributable to equity holders of the parent was PHP 127,872,000 against PHP 97,635,000 a year ago. Earnings per share were PHP 0.30 against PHP 0.23 a year ago. Net cash provided by operating activities was PHP 280,265,000 against PHP 185,829,000 a year ago. Additions to property and equipment net were PHP 172,657,000 against PHP 321,898,000 a year ago.

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