Panasonic’s H1 FY 2020/21 net sales decline 20% y/y to USD28.9 billion

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Financial results

Automotive business sales drop 24% y/y

Panasonic has reported 20% year-over-year (y/y) decline in net sales to JPY3.06 trillion (USD28.9 billion) in the first half of the financial year (FY) 2020/21, ended 30 September 2020, the company said in a press release on 29 October.

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