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Message: Re: matsushita raising cash, why?
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Dec 04, 2007 10:37AM
Matsushita Electric Industrial Co Ltd
1006 Oaza Kadoma
Kadoma, OSK 571-8501
Phone: +1212.3715447
Fax: +1212.3719823

Matsushita Electric Industrial Co., Ltd. (Matsushita) is engaged in the production and sales of electronic and electric products in an array of business areas. It offers a range of products, systems and components for consumer, business and industrial use. Most of the Company's products are marketed under the Panasonic brand name worldwide, along with other product, or region, specific brand names, including National primarily for home appliances and household electric equipment sold in Japan, and Technics for certain hi-fi products. Some of its subsidiaries also use their own brand names, such as Quasar, Victor, JVC and PanaHome. At March 30, 2007, the Company acquired the remaining 35.5% equity interest in Matsushita Toshiba Picture Display Co., Ltd. from Toshiba (renamed MT Picture Display Co., Ltd). Full Description

By the Numbers (Currency in Millions)

Employees 309,037
Market Cap $43,122.5
Total Debt $2,739.3

Cash Balance

1,236,639.0

Revenue

$83,335.4
Revenue Growth (1yr) 2.4%
Revenue Growth (5yr) 5.2%
Operating Margin 5.1%
Operating Margin Growth (1yr) NA
Operating Margin Growth (5yr) 3.5%
Net Margin 2.5%


Management
Chief Director of Manufacturing Innovation, Executive Officer Makino, Masashi
Senior Manager of Technology Center, Executive Officer Nakajima, Fujio
Executive Officer Mizuno, Yutaka

01 Oct 2007, 02:57 PM ET
(Adds Marsh & McLennan, ABN AMRO
NEW YORK, Oct 1 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, please e-mail moves@reuters.com. Full Article
21 Nov 2007, 08:15 AM ET
Matsushita Electric Industrial Co., Ltd. announced that it has repurchased 9,006,000 shares of its common stock for JPY 19,999,390,000 on the Tokyo Stock Exchange during the period from October 31, 2007 to November 21, 2007. Full Article
20 Nov 2007, 04:49 AM ET
Dow Jones reported that South Korea's Samsung SDI Co., Ltd. and Japan's Matsushita Electric Industrial Co., Ltd are moving closer to settling a series of lawsuits over plasma display panel technology that dates back to 2005. Full Article
15 Nov 2007, 05:53 AM ET
Kyodo News reported that Matsushita Battery Industrial Co, Ltd., a wholly owned subsidiary of Matsushita Electric Industrial Co., Ltd., will add a production line to manufacture lithium ion batteries at a factory in Wakayama Prefecture. Full Article
20 Nov 2007, 11:01 PM ET
Matsushita Electric Industrial Co., Ltd. Media Akira Kadota (Japan), +81-3-3578-1237 International PR or Panasonic News Bureau (Japan), +81-3-3542-6205 or Jim Reilly (U.S.), +1-201-392-6067 or Munetsugu Takeda (Europe), +49-611-235-305 or Investor Relations Makoto Mihara (Japan), +81-6-6908-1121 Investor Relations or Panasonic Finance (America), Inc. Yoichi Nagata (U.S.), +1-212-698-1362 or Panasonic Finance (Europe) plc Hiroko Carvell (Europe), +44-20-7562-4400 Full Press Release
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