Panasonic market cap is ¥2.2 t, and annual revenue was ¥8 t in FY 2019

Panasonic Gross profit (H1, 2020)1.1 T

Panasonic Gross profit margin (H1, 2020), %28.2%

Panasonic Net income (H1, 2020)109.2 B

Panasonic EBIT (H1, 2020)140.3 B

Panasonic Cash, 30-Sept-2019822 B

Panasonic EV3.2 T

Panasonic revenue was ¥8 t in FY, 2019 which is a 0.3% year over year increase from the previous period.

Panasonic revenue breakdown by business segment: 32.4% from Automotive and Industrial Systems, 29.9% from Appliances, 22.1% from Eco Solutions, 12.2% from Connected Solutions and 3.4% from Other

JPY | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Revenue | 7.6t | 7.3t | 8.0t | 8.0t |

| (3%) | 9% | 0% | |

## Cost of goods sold | 5.3t | 5.2t | 5.6t | 5.7t |

## Gross profit | 2.2t | 2.2t | 2.3t | 2.3t |

| 29% | 30% | 29% | 28% |

## General and administrative expense | 1.8t | 1.8t | 1.9t | 1.9t |

## Operating expense total | 1.8t | 1.8t | 1.9t | 1.9t |

## EBIT | 415.7b | 276.8b | 380.5b | 411.5b |

| 6% | 4% | 5% | 5% |

## Interest expense | 17.0b | 23.6b | 24.7b | 20.6b |

## Interest income | 18.9b | 21.8b | 22.8b | 25.6b |

## Pre tax profit | 217.0b | 275.1b | 378.6b | 416.5b |

## Income tax expense | 27.1b | 102.6b | 126.6b | 113.7b |

## Net Income | 215.1b | 172.4b | 252.0b | 302.7b |

JPY | H1, 2017 | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|---|

## Revenue | 3.5t | 3.9t | 4.0t | 3.8t |

## Cost of goods sold | 2.5t | 2.7t | 2.9t | 2.8t |

## Gross profit | 1.0t | 1.1t | 1.1t | 1.1t |

| 29% | 29% | 28% | 28% |

## General and administrative expense | 859.0b | 934.2b | 946.4b | 929.0b |

## Operating expense total | 859.0b | 934.2b | 946.4b | 929.0b |

## EBIT | 144.6b | 196.6b | 195.2b | 140.3b |

| 4% | 5% | 5% | 4% |

## Interest expense | 6.8b | 14.1b | 11.4b | 17.9b |

## Interest income | 7.0b | 12.4b | 13.4b | 15.5b |

## Pre tax profit | 153.2b | 194.8b | 197.3b | 137.9b |

## Income tax expense | 35.5b | 68.8b | 75.6b | 28.7b |

## Net Income | 128.5b | 126.0b | 121.7b | 109.2b |

JPY | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Cash | 1.0t | 1.3t | 1.1t | 772.3b |

## Accounts Receivable | 823.6b | 847.0b | 1.0t | 1.2t |

## Inventories | 756.4b | 988.6b | 806.3b | 1.0t |

## Current Assets | 3.1t | 3.2t | 3.5t | 3.3t |

## PP&E | 1.3t | 1.3t | 1.4t | 1.3t |

## Total Assets | 5.6t | 6.0t | 6.3t | 6.0t |

## Accounts Payable | 942.2b | 956.0b | 1.1t | 1.2t |

## Short-term debt | 21.7b | 177.0b | 375.4b | 390.0b |

## Current Liabilities | 2.4t | 2.7t | 3.1t | 3.0t |

## Long-term debt | 704.2b | 947.0b | 864.1b | 608.8b |

## Non-Current Liabilities | 1.4t | 1.5t | 1.3t | 939.9b |

## Total Debt | 725.9b | 1.1t | 1.2t | 998.7b |

## Total Liabilities | 3.7t | 4.2t | 4.4t | 3.9t |

## Common Stock | 258.7b | 258.7b | 258.7b | 258.7b |

## Additional Paid-in Capital | 979.9b | 636.9b | 527.4b | 528.9b |

## Retained Earnings | 1.2t | 1.1t | 1.3t | 1.5t |

## Total Equity | 1.9t | 1.8t | 1.9t | 2.1t |

## Debt to Equity Ratio | 0.4 x | 0.6 x | 0.7 x | 0.5 x |

## Debt to Assets Ratio | 0.1 x | 0.2 x | 0.2 x | 0.2 x |

## Financial Leverage | 3 x | 3.4 x | 3.3 x | 2.9 x |

JPY | H1, 2017 | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|---|

## Cash | 1.0t | 1.0t | 1.1t | 822.0b |

## Accounts Receivable | 837.3b | 1.0t | 1.2t | 1.2t |

## Inventories | 786.9b | 971.8b | 1.1t | 1.0t |

## Current Assets | 3.1t | 3.3t | 3.7t | 3.5t |

## PP&E | 1.3t | 1.4t | 1.3t | 1.1t |

## Total Assets | 5.7t | 6.3t | 6.5t | 6.6t |

## Accounts Payable | 900.6b | 1.1t | 1.2t | 1.1t |

## Short-term debt | 24.5b | 183.7b | 500.8b | 376.8b |

## Current Liabilities | 2.3t | 2.9t | 3.2t | 2.9t |

## Long-term debt | 1.1t | 971.6b | 831.2b | 1.4t |

## Non-Current Liabilities | 1.7t | 1.5t | 1.3t | 1.7t |

## Total Debt | 1.1t | 1.2t | 1.3t | 1.8t |

## Total Liabilities | 4.0t | 4.4t | 4.5t | 4.6t |

## Common Stock | 258.7b | 258.7b | 258.7b | 285.9b |

## Additional Paid-in Capital | 980.3b | 553.4b | 525.8b | 528.3b |

## Retained Earnings | 1.3t | 1.2t | 1.4t | 1.5t |

## Total Equity | 1.7t | 1.9t | 2.0t | 2.0t |

## Debt to Equity Ratio | 0.7 x | 0.6 x | 0.7 x | 0.9 x |

## Debt to Assets Ratio | 0.2 x | 0.2 x | 0.2 x | 0.3 x |

## Financial Leverage | 3.3 x | 3.3 x | 3.2 x | 3.3 x |

JPY | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 |
---|---|---|---|---|

## Net Income | 215.1b | 172.4b | 252.0b | 302.7b |

## Depreciation and Amortization | 274.8b | 270.8b | 287.8b | 296.0b |

## Accounts Receivable | 123.1b | (8.0b) | (156.6b) | (127.5b) |

## Inventories | (30.0b) | (36.6b) | (164.1b) | (30.3b) |

## Accounts Payable | (18.7b) | 64.0b | 143.0b | 14.7b |

## Cash From Operating Activities | 398.7b | 385.4b | 423.2b | 203.7b |

## Purchases of PP&E | (241.8b) | (278.6b) | (394.5b) | (316.1b) |

## Cash From Investing Activities | (274.3b) | (420.2b) | (458.8b) | (193.4b) |

## Short-term Borrowings | 3.4b | 6.3b | 240.0b | (132.4b) |

## Long-term Borrowings | (251.6b) | (50.9b) | (163.4b) | (108.6b) |

## Dividends Paid | (64.4b) | (75.7b) | (78.4b) | (99.8b) |

## Cash From Financing Activities | (308.0b) | 294.6b | (128.8b) | (341.8b) |

## Net Change in Cash | (266.1b) | 258.1b | (181.2b) | (317.3b) |

JPY | H1, 2017 | H1, 2018 | H1, 2019 | H1, 2020 |
---|---|---|---|---|

## Net Income | 128.5b | 126.0b | 121.7b | 109.2b |

## Depreciation and Amortization | 129.3b | 142.1b | 144.0b | 192.6b |

## Accounts Receivable | (58.4b) | (132.9b) | (69.1b) | (22.2b) |

## Inventories | (63.6b) | (133.5b) | (81.0b) | (28.6b) |

## Accounts Payable | 14.6b | 94.9b | 39.6b | (48.2b) |

## Cash From Operating Activities | 29.4b | 142.0b | 31.4b | 142.6b |

## Purchases of PP&E | (136.0b) | (206.7b) | (164.2b) | (141.3b) |

## Cash From Investing Activities | (256.4b) | (251.1b) | (115.1b) | (124.0b) |

## Short-term Borrowings | 6.2b | (2.5b) | 96.7b | (82.1b) |

## Long-term Borrowings | 354.2b | (2.4b) | (4.5b) | 191.0b |

## Dividends Paid | (44.6b) | (51.4b) | (59.6b) | (46.0b) |

## Cash From Financing Activities | 331.5b | (143.9b) | 34.4b | 67.0b |

## Net Change in Cash | 7.7b | (235.6b) | (18.0b) | (49.7b) |

JPY | Y, 2019 |
---|---|

## EV/EBIT | 22.7 x |

## EV/CFO | 22.4 x |

## Revenue/Employee | 14.1m |

## Debt/Equity | 0.9 x |

## Debt/Assets | 0.3 x |

## Financial Leverage | 3.3 x |

FY, 2019 | |
---|---|

## Сorporate Сontributions | 3.06 b |

## Water Consumed | 24.69 m cubic meters |

## Wastewater Discharged | 19.25 m cubic meters |

## Waste Recycled, Composted and Disposed | 348 k metric tons |

## Waste Landfilled | 3.10 k metric tons |

## Waste Generated | 374 k metric tons |

## Greenhouse Gas Emissions (Scope 3, Waste Generated in Operations) | 18 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Use of Sold Products) | 59.92 m metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Upstream Transportation and Distribution) | 950 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Upstream Leased Assets) | 20 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Purchased Goods and Services) | 13.95 m metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Fuel and Energy-Related Activities) | 130 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, End-of-Life Treatment of Sold Products) | 1.25 m metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Employee Commuting) | 31 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Downstream Transportation and Distribution) | 20 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Capital Goods) | 860 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 3, Business Travel) | 28 k metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 2) | 1.92 m metric tons of carbon dioxide equivalent |

## Greenhouse Gas Emissions (Scope 1) | 410 k metric tons of carbon dioxide equivalent |

## Energy Used | 41 k TJ |

## Air Emissions (Volatile Organic Compound) | 1.99 k metric tons |

FY, 2019 | FY, 2018 | FY, 2017 | |
---|---|---|---|

Male (Board), percent | 45.4 % | 45.9 % | 45.9 % |

Male (Senior and Middle Management), percent | 46.2 % | 46.4 % | 46.6 % |

Other | 8.3 % | 7.8 % | 7.6 % |