Panasonic’s H1 net income up 37.5% y/y to USD929 mil; signs MOU to transfer lead-acid battery business to GS Yuasa

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Overseas sales increase due to positive impact of yen depreciation

Panasonic has reported a 37.5% year-on-year (y/y) growth in net income to JPY111.3 billion (USD929.3 million, 30 September 2015) in the first six months ended 30 September 2015, according to a company press release.

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