Panasonic Announces Dividends Forecasts
24 Giugno 2011 - 3:28AM
Business Wire
Panasonic Corporation
(NYSE:PC)(TOKYO:6752)("Panasonic") today announced its dividends
forecasts for the fiscal year ending March 31, 2012 (fiscal
2012).
The company was unable to provide financial
forecasts and dividends forecasts for fiscal 2012 on April 28, as
it was difficult to assess the impact of the Great East Japan
Earthquake on its financial results at that time.
Based on its financial forecasts for fiscal
2012 which were announced on June 20, 2011 and Panasonic's policy
for providing return to shareholders, the company announced its
cash dividends per share for fiscal 2012 as follows.
Interimdividends pershare
Year-enddividends pershare
Total dividendsper share forthe fiscal
year
Dividends for fiscal 2012 (planned) 5.00 yen 5.00 yen 10.00 yen
Dividends for fiscal 2011 5.00 yen 5.00 yen
10.00 yen
Panasonic Corporation is one of the world's
leading manufacturers of electronic and electric products for
consumer, business and industrial use. Panasonic's shares are
listed on the Tokyo, Osaka, Nagoya and New York stock
exchanges.
For more information, please visit the following web sites:
Panasonic home page URL:
http://panasonic.net/
Panasonic IR web site URL:
http://panasonic.net/ir/
Disclaimer Regarding Forward-Looking
Statements
This press release includes forward-looking statements (within
the meaning of Section 27A of the U.S. Securities Act of 1933 and
Section 21E of the U.S. Securities Exchange Act of 1934) about
Panasonic and its Group companies (the Panasonic Group). To the
extent that statements in this press release do not relate to
historical or current facts, they constitute forward-looking
statements. These forward-looking statements are based on the
current assumptions and beliefs of the Panasonic Group in light of
the information currently available to it, and involve known and
unknown risks, uncertainties and other factors. Such risks,
uncertainties and other factors may cause the Panasonic Group's
actual results, performance, achievements or financial position to
be materially different from any future results, performance,
achievements or financial position expressed or implied by these
forward-looking statements. Panasonic undertakes no obligation to
publicly update any forward-looking statements after the date of
this press release. Investors are advised to consult any further
disclosures by Panasonic in its subsequent filings with the U.S.
Securities and Exchange Commission pursuant to the U.S. Securities
Exchange Act of 1934 and its other filings.
The risks, uncertainties and other factors referred to above
include, but are not limited to, economic conditions, particularly
consumer spending and corporate capital expenditures in the United
States, Europe, Japan, China and other Asian countries; volatility
in demand for electronic equipment and components from business and
industrial customers, as well as consumers in many product and
geographical markets; currency rate fluctuations, notably between
the yen, the U.S. dollar, the euro, the Chinese yuan, Asian
currencies and other currencies in which the Panasonic Group
operates businesses, or in which assets and liabilities of the
Panasonic Group are denominated; the possibility of the Panasonic
Group incurring additional costs of raising funds, because of
changes in the fund raising environment; the ability of the
Panasonic Group to respond to rapid technological changes and
changing consumer preferences with timely and cost-effective
introductions of new products in markets that are highly
competitive in terms of both price and technology; the possibility
of not achieving expected results on the alliances or mergers and
acquisitions including the business reorganization after the
acquisition of all shares of Panasonic Electric Works Co., Ltd. and
SANYO Electric Co., Ltd.; the ability of the Panasonic Group to
achieve its business objectives through joint ventures and other
collaborative agreements with other companies; the ability of the
Panasonic Group to maintain competitive strength in many product
and geographical areas; the possibility of incurring expenses
resulting from any defects in products or services of the Panasonic
Group; the possibility that the Panasonic Group may face
intellectual property infringement claims by third parties; current
and potential, direct and indirect restrictions imposed by other
countries over trade, manufacturing, labor and operations;
fluctuations in market prices of securities and other assets in
which the Panasonic Group has holdings or changes in valuation of
long-lived assets, including property, plant and equipment and
goodwill, deferred tax assets and uncertain tax positions; future
changes or revisions to accounting policies or accounting rules;
natural disasters including earthquakes, prevalence of infectious
diseases throughout the world and other events that may negatively
impact business activities of the Panasonic Group; as well as
direct or indirect adverse effects of the Great East Japan
Earthquake on the Panasonic Group in terms of, among others,
component procurement, manufacturing, distribution, economic
conditions in Japan including consumer spending and sales
activities overseas. The factors listed above are not all-inclusive
and further information is contained in Panasonic's latest annual
reports, Form 20-F, and any other reports and documents which are
on file with the U.S. Securities and Exchange Commission.
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