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Panasonic posts 10.6% y/y decline in FY 2020/21 net sales to USD61.68 billion

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Financial results

Net profit slumped 26.8% y/y to JPY165.1 billion (USD1.5 billion)

Panasonic has posted net sales of JPY6.70 trillion (USD61.68 billion) for full year 2020/21, a 10.6% year-on-year (y/y) fall from JPY7.49 trillion a year earlier.

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