Matsushita Electric Industrial Earnings Q&A Summary (MC)

| About: Matsushita Electric (MC-OLD)
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Matsushita Electric Industrial's (MC) investor relations team has posted a Q&A summary in English of the firm's 3rd quarter earnings. So far this is the only Japanese firm I know of that provides such a summary. Click on the hyperlink above for access. One interesting note is that Matsushita's net cash now totals 1.4 trillion yen or US$11.8 billion at today's exchange rate. However, M&As do not appear on the horizon and rather Matsushita says "it intends to use a substantial portion ... primarily in intellectual properties in order to strengthen key technologies as the core of its businesses."

Links to recent Matsushita posts on Seeking Alpha:

    • Panasonic Maker’s Earnings Rise Sharply (MC-OLD)

    • Matsushita Revises Full Year Forecast on Strong Q3 Results; Divests Stake in Universal (MC-OLD)

    • Japanese Co’s Lead List of Firms Receiving Patents in U.S. (CAJ, MC, HIT, IBM, HPQ, INTC, MU)

For a list of all Matsushita-related posts click here.

MC 1-yr chart: