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TSE:6752
TSE:6752Consumer Durables

Panasonic Holdings (TSE:6752) Valuation After Profit Forecast Cut On Higher Restructuring Costs

Panasonic Holdings (TSE:6752) cut its full year profit outlook after lifting expected restructuring costs for its Group Management Reform to ¥180 billion, leaving projected operating profit and net profit below previous guidance. See our latest analysis for Panasonic Holdings. Despite the lower profit guidance, the market reaction has been relatively firm. Panasonic Holdings' 90 day share price return of 27.93% and 1 year total shareholder return of 29.71% point to momentum that has carried...