Panasonic reports 49% y/y increase in FY2014/15 net income to USD1.5 billion

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Financial results

Forecasts net sales of USD67.2 billion in FY2016

Panasonic has reported 49% year-on-year (y/y) increase in net income to JPY179.5 billion (USD1.5 billion, 31 March 2015) in the financial year ended 31 March 2015, says a company’s press release.

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