Panasonic’s net income up 14% y/y to USD1.3 billion in nine months, establishes battery JV in China

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Corporate developments

Revises earnings forecast for FY 2015/16 downwards

Panasonic has reported a 14% year-on-year (y/y) growth in net income to JPY160.2 billion (USD1.3 billion, 31 December 2015) in the first nine months ended 31 December 2015, according to a company press release.

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