Panasonic reports 42% y/y decline in net income to USD1.2 billion in first nine months of FY2014/15

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Financial results

Maintains full year FY2014/15 forecasts, expects net income of USD1.6 billion

Panasonic has reported 42.4% year-on-year (y/y) decline in net income to JPY140.4 billion (USD1.2 billion, 31 December 2014) in the nine-month period ended 31 December 2014, says a company press release.

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