Comment on Panasonic sees $5.5 billion annual loss, worst in a decade

Panasonic sees $5.5 billion annual loss, worst in a decade

TOKYO (Reuters) - Japanese electronics maker Panasonic Corp forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as restructuring costs ballooned, and a soaring yen and weak demand in the United States and Europe eroded income.

 

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