[Reuters] Panasonic to post $3.9 billion net loss in FY 2011/12: Nikkei

Posted by: UGN Security

[Reuters] Panasonic to post $3.9 billion net loss in FY 2011/12: Nikkei - 10/30/11 03:27 AM

TOKYO (Reuters) - Japanese electronics maker Panasonic Corp is set to post a group net loss of 300 billion yen ($3.95 billion) in the year to March 2012, hurt by a global slowdown and the yen's strength, the Nikkei business daily reported on Sunday.