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More on Panasonic (PC) FQ2: To write off ¥238B ($2.99B) in goodwill related to mobile phone,...
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Wednesday, October 31, 2012, 3:34 AM ETMore on Panasonic (PC) FQ2: To write off ¥238B ($2.99B) in goodwill related to mobile phone, solar panels and small lithium batteries operations. Now predicts FY net loss of ¥765B vs July guidance for a profit ¥50B, operating profit of ¥140B vs ¥260B prior. The writedowns come as new boss Kazuhiro Tsuga cleans house and prepares a turnaround plan.
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