Panasonic reports mixed Q1 results amid strategic shifts

Panasonic Holdings Corporation reported consolidated net sales of 1.9 trillion yen for the first quarter ended June 30, down 10.6% year-on-year. However, operating profit rose 3.8% to 86.9 billion yen.

Net profit attributable to stockholders increased 1.2% to 71.4 billion yen, though total comprehensive income showed a loss of 31.5 billion yen.

The company terminated a strategic capital alliance with ORIX Corporation regarding its projector business in July 2025.