Fiscal 2018 Third Quarter andNine-Month Financial Results
February 5, 2018
Panasonic Corporation
Notes: 1. This is an English translation from the original presentation in Japanese.
2. In this presentation, “fiscal 2018” or “FY18” refers to the year ending March 31, 2018.
In addition, “FY18 Nine-Month” or “FY18 9M” refers to the period from April to December 2017.

Summary of FY18 3Q Financial Results
3Q Results•

Increase in both sales and profit was achieved following the first half.

•

Overall sales increased driven by Automotive and Industrial.
Overall operating profit increased due mainly to stable growth in Industrial.
Full-year forecast•

Sales, operating profit, and profit before income taxes will be revised upward.

•

Net profit*will be revised upward by 50.0 billion yen due to increased profit before
income taxes, and improvements in income taxes and others.

•

Forecast of annual dividends will be 30 yen, 5 yen higher than the previous year.
* Net profit attributable to Panasonic Corporation stockholders

1

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Contents

１． FY18 Third Quarter Financial Results

２． FY18 Full-year Financial Forecast

2

Fiscal 2018 Third Quarter and Nine-Month Financial Results

FY18 3Q Financial Results
FY18 3Q
Sales

vs. FY17 3Q

2,054.3

1,882.6+9%(+6%) *

+171.7

120.1

97.6

+23%

+22.5

Other income/loss**

-4.6

-10.0

-

+5.4

Non-operating income/loss

-1.4
118.7

-0.2
97.4

-

-1.2

+22%

+21.3

Net profit attributable toPanasonic Corporation
stockholders

81.2

64.0

+27%

+17.2

1 US dollar

113 yen109 yen* Real terms excluding the effect of exchange rates(unreviewed)

1 Euro133 yen

118 yen1 Renminbi

17.1 yen

16.0 yen** Other income/loss = Other income (expenses) +Share of profit of investments accounted for using
the equity method

Operating profit

Profit before income taxes

Exchange
rates

3

FY17 3Q(yen: billions)Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

FY18 3Q Sales Analysis*(yen: billions)

2,054.3+62.0

Industrial

Effect ofexchange
rates

Other
businesses,
etc.

EnergyProcess
Automation

1,882.6
Automotive

FY17 3Q

4+6%

FY18 3Q(Real terms excluding effect of exchange rates)

FY18 3Q(excluding effect of
exchange rates)* See ‘List of Businesses whose sales aredisclosed in FY18’ on the last page.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

FY18 3Q Operating Profit Analysis(yen: billions)
+25.0

-16.0

+13.0

+3.0

+2.5

Other
Effect ofincome/loss
exchange rates

Fixed cost

97.6

Material cost hikeSales
increase/decrease(excluding effect of
exchange rates)New
consolidation

Rationalization/
Business
structure change

FY17 3Q

5

120.1

+5.4

-10.4

+22.5

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

FY18 3Q

FY18 3Q Operating Profit Analysis by Business*(yen: billions)

Profit generated from business

Automotive

97.6

Other
income/loss

120.1

Other
businesses,
etc.

Industrial
EnergyAirConditioner

Process
Automation

FY17 3Q+22.5

FY18 3Q*

6

See ‘List of Businesses whose sales are disclosed in FY18’ on the last page.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

FY18 3Q Operating Profit and Net Profit(yen: billions)

FY18 3Q
Operating profit

7

FY17 3Q

vs. FY17 3Q

120.1

97.6

+22.5

Non-operating income/loss

-1.4

-0.2

-1.2

Profit before income taxes

118.7

97.4

+21.3

Income taxes

-32.8

-28.2

-4.6

Net profit

85.9

69.2

+16.7

Net profit attributable to Panasonic
Corporation stockholders

81.2

64.0

+17.2

Net profit attributable tonon-controlling interests

4.7

5.2

-0.5

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

FY18 3Q Results by Segment
FY18 3Q
Sales(yen: billions)

Reference: Included in
Operating profit

vs. FY17 3Q

Operatingprofitvs. FY17 3Q

Other
income/loss

vs. FY17 3Q

Appliances

689.0

+19.8

30.6

+0.7

-1.0

+0.9

Eco Solutions

416.7

+19.5

28.1

+2.4

-0.2

+2.9

Connected Solutions

281.1

+23.2

38.7

+18.9

+8.5

+9.5

Automotive & Industrial Systems

731.6+114.9

23.7

+6.4

-8.4

-5.2

Other *

131.6

-9.4

-2.2

+0.8

-0.3

+3.4

2,250.0+168.0

118.9

+29.2

-1.4

+11.5

-195.7

+3.7

1.2

-6.7

-3.2

-6.1

2,054.3+171.7

120.1

+22.5

-4.6

+5.4

760.3

+23.7

34.6

+3.0

-0.2

+1.8

Subtotal
Eliminations and adjustments
Total
Appliances (production and sales
consolidated)* PanaHome is included in Other segment.

8

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Segment
Information

Appliances (production & sales consolidated)<Overview>(yen: billions)Operatingprofit

Sales

34.6

760.3

FY18 3Q
＊

-0.2

4.6%

+3%
* (+/-0%)

vs. FY17 3Q

Other
income/loss

+3.0

+1.8

<Sales*>* Real terms excluding the effect of exchange rates

AirConditioner

・ Favorable sales of room air-conditioners in China
and Northeast Asia.

Commercial
Refrigeration& FoodEquipment

・ Recovered sales of showcases for North American
customers.

Small &
Built-inAppliance

・ Steady sales of beauty appliances in China, North
America and Europe in addition to microwave ovens
in China and North America.

Major
Appliance

・ Decreased due mainly to adjustments in distribution
inventory in Japan.

* Real terms excluding the effect of exchange rates<Sales analysis by business>(yen: billions)

760.3

AVC
Commercial
Refrigeration &Food Equipment

736.6

AirConditioner

FY17 3Q

9

Small &
Built-inAppliance

Major
Appliance

・ Decreased due mainly to weak sales in HomeEntertainment despite sales increase in TV, withorganic EL mainly in Japan and Europe.

<Operating profit>
AVC

Effect ofexchangerates
Devices,
Others

FY18 3Q• Increased overall with sales increase in Commercial Refrigeration &Food Equipment and favorable sales of beauty appliances benefitingfrom a premium trend. These offset the impact from hikes in raw
material costs, mainly for white goods such as air-conditioners.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Segment
Information

Eco Solutions<Sales*>* Real terms excluding the effect of exchange rates

Other
income/loss

Lighting

・ Stable lighting equipment business mainly in Japanand China.

-0.2

EnergySystems

・ Increased mainly with wiring devices in the electricalconstruction materials business for both domestic
and overseas markets.

Housing
Systems・ Stayed at same level as last year due to sales
decrease in building materials despite steady growthof home delivery boxes and others.

Panasonic
Ecology
Systems・ Steady sales of ventilation systems in North America
and Japan in addition to bathroom dryer systems in
China.

(yen: billions)<Overview>Operatingprofit

Sales

28.1

416.7

FY18 3Q
＊

6.7%

+5%

vs. FY17 3Q+2.4* (+4%)+2.9* Real terms excluding the effect of exchange rates<Sales analysis by business>(yen: billions)416.7
Housing
Systems

397.2

Panasonic
Ecology
Systems

EnergySystems
Lighting

Others Effect of
exchange
rates

FY18 3Q

FY17 3Q

10<Operating profit>

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Segment
Information

Connected Solutions<Overview>(yen: billions)Operatingprofit

Sales

＊

8.5

13.8%

+9%

vs. FY17 3Q

Other
income/loss

38.7

281.1

FY18 3Q+18.9* (+6%)<Sales*>* Real terms excluding the effect of exchange rates

Avionics

・ Decreased due to in-flight entertainment systems
deliveries pushed out to 4Q, despite favorable
performance of repairs & maintenance services
business.

Process
Automation

・ Increased due to favorable sales of electronic
component mounting equipment mainly for
automotive and ICT industries.

Media
Entertainment

・ Increased due to favorable projector sales mainlywith high-brightness models, in addition to sales
expansion of professional AV and flat panels.

MobileSolutions・ Increased with favorable sales of rugged handheld
tablets in overseas markets, in addition to PCs andpayment terminals in the Japanese market.

+9.5* Real terms excluding the effect of exchange rates<Sales analysis by business>(yen: billions)

Media
Entertainment

281.1
PSSJ

257.9

OthersAvionics
Process
Automation

FY17 3Q

11• Profit generated from business decreased, due to price drops andmaterial cost hikes, which could not be offset by sales increase andrationalization efforts.
• However, increased overall due to a rebound from quality-related
costs recorded in other income/loss for the previous year.

Effect ofexchange
rates

MobileSolutions

FY18 3Q

PSSJ**

・ Increased driven by PCs and payment terminals, inaddition to sales for retail and logistics industries.

<Operating profit>** PSSJ: Panasonic System Solutions Japan Co., Ltd.

• Sales increases mainly in Process Automation, and improved model
mix in Media Entertainment contributed to profit increase.
• Other income/loss improved due mainly to revised provision forlegal-related expenses, leading to a significant increase overall.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Segment
Information

Automotive & Industrial Systems<Overview>(yen: billions)Operatingprofit

Sales

23.7

731.6

FY18 3Q＊

vs. FY17 3Q*+19%(+15%)

Other
income/loss<Sales*>* Real terms excluding the effect of exchange rates

Automotive

・ Expansion in Automotive Infotainment Systems
including IVI**units.
・ New consolidation of Ficosa.
・ Favorable sales of ADAS-related products such as
cameras and sonars.

Energy• Expanded sales of automotive batteries including
both prismatic and cylindrical types.

Industrial• Increased driven by industrial-use devices such as
motors and FA sensors, in addition to devices for
eco-cars such as film capacitors.

-8.4

3.2%

+6.4

-5.2

* Real terms excluding the effect of exchange rates<Sales analysis by business>(yen: billions)731.6
OthersEnergyEffect ofexchangerates** IVI: In-Vehicle Infotainment＜Operating profit＞

Industrial

616.7
Automotive

FY17 3Q

12• Increased overall with contribution from profit expansion of devices
and increased sales of automotive batteries, despite some one-off
losses such as quality-related costs for past products.

FY18 3Q
Fiscal 2018 Third Quarter and Nine-Month Financial Results

Contents

１． FY18 Third Quarter Financial Results
２． FY18 Full-year Financial Forecast

13

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

FY18 Full-Year Forecast Revision(As of February 5, 2018)
FY18(e)FY18(e)(As of May 11, 2017)(yen : billions)

vs FY17FY17

Difference

7,950.07,800.0+150.07,343.7+606.3

350.0

335.0

+15.0

276.8

+73.2

-45.0

-50.0

+5.0

-66.8

+21.8

Non-operating income/loss

-5.0

-10.0

+5.0

-1.7

-3.3

Profit before income taxes

345.0

325.0

+20.0

275.1

+69.9

Income taxes and others**-135.0-165.0+30.0-125.7-9.3

Net profit attributable toPanasonic Corporation
stockholders

210.0

160.0

+50.0

149.4

+60.6

1 US dollar
1 Euro1 Renminbi

111 yen
129 yen
16.7 yen

110 yen
120 yen
15.9 yen+1 yen+ 9 yen+0.8 yen

108 yen
119 yen
16.1 yen+3 yen+10 yen+0.6 yen

Sales
Operating profit
Other income/loss *Exchange
rates* Other income/loss = Other income (expenses) + Share of profit of investments accounted for using the equity method** Income taxes and net profit attributable to non-controlling interests

14

Fiscal 2018 Third Quarter and Nine-Month Financial Results

FY18 Full-Year Sales Forecast Revision Analysis(Revision from May 11, 2017)(yen : billions)

7,950.0
Process
Automation
7,800.0

Otherbusinesses,
etc.

Industrial
EnergyAutomotive

FY18(e)(As of May 11, 2017)15+150.0Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

FY18(e)(As of Feb. 5, 2018)

FY18 Full-Year Operating Profit Forecast Revision
by Business*(Revision from May 11, 2017)(yen : billions)

Profit generated from business

Other
income/loss

350.0
Process
Automation

335.0

Other
businesses,
etc.

Automotive

Industrial

FY18(e)(As of May 11, 2017)

Energy+5.0

FY18(e)+10.0(As of Feb. 5, 2018)*16

See ‘List of Businesses whose sales are disclosed in FY18’ on the last page.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

FY18 Full-Year Operating Profit Forecast by Business*(VS FY17)(yen : billions)

Profit generated from business
350.0
Other
income/loss

Industrial

276.8

FY17

Process
Automation

Automotive+21.8

EnergyFY18(e)+51.4(As of Feb. 5, 2018)*17

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Other
businesses,
etc.

See ‘List of Businesses whose sales are disclosed in FY18’ on the last page.

FY18 Full-Year Forecast Revision by Segment(yen : billions)(Revision from May 11, 2017)

Reference: Included in
Operating profit

FY18(e)Sales

Difference

OperatingprofitDifference

Other
income/loss

Difference

Appliances

2,570.0

+20.0

106.0

-5.0

-2.0

+2.0

Eco Solutions

1,626.0

-

72.0

-

-12.0

-

1,111.5

+8.5

95.0

+26.0

3.0

+11.0

2,740.0

+80.0

86.0

-7.0

-13.0

-1.0

680.0

-

12.0

+5.0

1.0

+5.0

8,727.5+108.5

371.0

+19.0

-23.0

+17.0

-777.5

+41.5

-21.0

-4.0

-22.0

-12.0

Total

7,950.0+150.0

350.0

+15.0

-45.0

+5.0

Appliances (production and sales

2,780.0

+30.0

107.0

-5.0

-2.0

+2.0

Connected Solutions＊1

Automotive & Industrial Systems
Other *

＊1

Subtotal
Eliminations and adjustments

consolidated)* PanaHome is included in Other segment.

18

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Revision of FY18 Forecast for TV and Six Large-Scale BDs(Revision from October 31, 2017)(yen: billions)
Reference: Included in
Operating profit

FY18(e)Sales

Difference

OperatingprofitDifference

Other
income/loss

Air-Conditioner *

494.5

-

25.0

-2.6

1.8

-

Lighting

325.0

-

24.3

-

-1.0

-

Housing Systems

372.0

-

16.9

-

-0.1

-

Automotive Infotainment
Systems

565.5

+10.0

18.0

-9.0

-7.0

-7.0

Rechargeable Battery **

426.5

-45.0

-5.4

-12.0

0.8

-

PanaHome

365.0

-

11.7

-

-0.3

-

TV *

324.9

-

0.7

-

-0.6

-

* Including sales division (production & sales consolidated)** Rechargeable Battery BD + Tesla BU

19

Difference

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Annual Dividends Forecast

20

Interimdividends

Year-end
dividends(e)Totaldividends(e)FY18

10 yen20 yen30 yenFY17

10 yen15 yen25 yenFiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

Disclaimer Regarding Forward-Looking Statements
This presentation includes forward-looking statements (that include those within the meaning of Section 27A of the U.S. Securities Act of 1933, as
amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended) about Panasonic and its Group companies (the PanasonicGroup). To the extent that statements in this presentation 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 thePanasonic 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 presentation. Furthermore, figures in the presentation, at the time of the disclosure,are under the review procedure based on Financial Instruments and Exchange Act. Investors are advised to consult any further disclosures byPanasonic in its subsequent filings under the Financial Instrument and Exchange Act of Japan (the FIEA) and other publicly disclosed documents.
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 Americas, 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; the possibility that
excessive currency rate fluctuations of the U.S. dollar, the euro, the Chinese yuan and other currencies against the yen may adversely affect costs
and prices of Panasonic’s products and services and certain other transactions that are denominated in these foreign currencies; the possibility of
the Panasonic Group incurring additional costs of raising funds, because of changes in the fund raising environment; the possibility of thePanasonic Group not being able 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 or incurring unexpected losses in connection with the alliances or mergers and acquisitions; the possibility of not being able to achieve its
business objectives through joint ventures and other collaborative agreements with other companies, including due to the pressure of pricereduction exceeding that which can be achieved by its effort and decrease in demand for products from business partners which Panasonic highly
depends on in BtoB business areas; the possibility of the Panasonic Group not being able to maintain competitive strength in many product andgeographical 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 financial assets inwhich the Panasonic Group has holdings or changes in valuation of non-financial assets, including property, plant and equipment, goodwill anddeferred tax assets; future changes or revisions to accounting policies or accounting rules; the possibility of incurring expenses resulting from aleakage of customers’ or confidential information from Panasonic Group systems due to unauthorized access or a detection of vulnerability of
network-connected products of the Panasonic Group; as well as natural disasters including earthquakes, prevalence of infectious diseases
throughout the world, disruption of supply chain and other events that may negatively impact business activities of the Panasonic Group. The
factors listed above are not all-inclusive and further information is contained in the most recent English translated version of Panasonic’s securities
reports under the FIEA and any other documents which are disclosed on its website.

(Reference)

FY18 3Q TV and Six Large-Scale BDs(yen: billions)
Reference: Included in
Operating profit

FY18 3Q
Sales＊１

vs. FY17 3Q

Operatingprofitvs. FY17 3Q

Other
income/loss

vs. FY17 3Q

Air-Conditioner *

99.9

+9.7

1.0

-3.5

-0.1

-1.0

Lighting

90.5

+5.1

10.1

+1.5

-0.2

+0.4

Housing Systems

98.1

-0.4

5.2

-1.3

0.0

-0.5

Automotive Infotainment
Systems ＊２

153.2

+28.1

-0.9

-7.0

-8.0

-8.1

Rechargeable Battery **

109.8

+9.6

-1.3

+3.6

-0.8

+1.6

PanaHome

73.3

-11.2

-1.2

-2.4

-0.1

+0.0

TV *

104.0

+8.0

0.8

-1.5

-0.1

+0.2

* Including sales division (production & sales consolidated)** Rechargeable Battery BD + Tesla BU

23

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

(Reference)

FY18 Nine-Month (Apr.-Dec.) Results(yen: billions)

FY18 9M

vs. FY17 9M+9%+489.8(+6%) *

5,912.2

5,422.4

316.7
-10.7
-3.2
313.5

275.7
4.1
2.8
278.5

+15%

+41.0

-

-14.8

-

-6.0

+13%

+35.0

Net profit attributable toPanasonic Corporation
stockholders

200.1

197.5

+1%

+2.6

1 US dollar

112 yen107 yen* Real terms excluding the effect of exchange rates (unreviewed)

1 Euro129 yen

118 yen** Other income/loss = Other income (expenses) + Share of profit ofinvestments accounted for using the equity method

1 Renminbi

16.6 yen

16.0 yen

Sales
Operating profit
Other income/loss **Non-operating income/loss
Profit before income taxes

Exchange
rates

24

FY17 9M

Fiscal 2018 Third Quarter and Nine-Month Financial Results(Reference)

FY18 Nine-Month (Apr.-Dec.) Operating Profit and Net Profit(yen: billions)

FY18 9M
Operating profit

vs. FY17 9M

316.7

275.7

+41.0

Non-operating income/loss

-3.2

2.8

-6.0

Profit before income taxes

313.5

278.5

+35.0

Income taxes-101.6

-64.4

-37.2

Net profit

211.9

214.1

-2.2

Net profit attributable to Panasonic
Corporation stockholders

200.1

197.5

+2.6

11.8

16.6

-4.8

Net profit attributable tonon-controlling interests

25

FY17 9M

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

(Reference)

FY18 Nine-Month (Apr.-Dec.) Results by Segment(yen: billions)

FY18 9M
Sales

Reference: Included in Operating profit

vs. FY17 9M

Operatingprofitvs. FY17 9M

Other
income/loss

vs. FY17 9M

Appliances

2,016.4

+70.0

103.3

+3.9

0.2

+3.9

Eco Solutions

1,174.0

+50.2

49.4

+2.2

-6.0

-4.2

812.4

+57.3

79.1

+22.8

9.4

+10.2

Automotive & Industrial Systems

2,074.6+280.1

62.2

-10.9

-13.2

-42.7

Other *

+3.4

4.4

+8.5

+461.0

+20.4

-5.2

-24.3

+28.8

0.0
294.0
22.7

+2.4

Eliminations and adjustments

419.1
6,496.5-584.3

+20.6

-5.5

+9.5

Total

5,912.2+489.8

316.7

+41.0

-10.7

-14.8

Appliances (production and sales

2,180.1

+85.8

104.6

+7.0

0.9

+4.8

Connected Solutions

Subtotal

consolidated)* PanaHome is included in Other segment.

26

Fiscal 2018 Third Quarter and Nine-Month Financial Results(Reference)

FY18 Nine-Month (Apr.-Dec.) TV and Six Large-Scale BDs(yen: billions)

FY18 9M
Sales＊１

vs. FY17 9M

Operatingprofitvs. FY17 9M

Other
income/loss

vs. FY17 9M

Air-Conditioner *

376.1

+21.7

22.3

-4.0

1.9

+2.0

Lighting

235.6

+8.8

18.1

+2.8

-0.6

-2.1

Housing Systems

279.8

+7.7

11.9

+1.1

0.3

+0.7

Automotive Infotainment
Systems

423.4

+54.7

8.0

-9.9

-7.9

-7.8

Rechargeable Battery**

303.9

+39.2

-9.7

-14.2

-1.8

-19.4

PanaHome

228.3

-18.5

-2.0

-4.7

0.0

+0.3

TV *

267.2

+23.5

1.5

-5.4

-0.7

-0.2

＊２

* Including sales division (production & sales consolidated)** Rechargeable Battery BD + Tesla BU

27

Reference: Included in Operating profit

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
Third Quarter and Nine Months, ended December 31, 2017）（Reference）

Supplemental Consolidated Financial Data for Fiscal 2018
Third Quarter and Nine Months, ended December 31, 2017
1. Segment Information

28

Fiscal 2018 Third Quarter and Nine-Month Financial Results（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
Third Quarter and Nine Months, ended December 31, 2017）

2. Business Division Information

3. Capital Investment by Segments

4. Foreign Currency Exchange Rates

29

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
Second Quarter and Six Months, ended September 30, 2017）（Reference）

Supplemental Consolidated Financial Data for Fiscal 2018
Second Quarter and Six Months, ended September 30, 2017
1. Segment Information

30

Fiscal 2018 Third Quarter and Nine-Month Financial Results（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
Second Quarter and Six Months, ended September 30, 2017）

2. Business Division Information

3. Capital Investment by Segments

4. Foreign Currency Exchange Rates

31

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
First Quarter, ended June 30, 2017）（Reference）

Supplemental Consolidated Financial Data for Fiscal 2018
First Quarter, ended June 30, 2017
1. Segment Information

32

Fiscal 2018 Third Quarter and Nine-Month Financial Results（Excerption from Supplemental Consolidated Financial Data for Fiscal 2018
First Quarter, ended June 30, 2017）

2. Business Division Information

3. Capital Investment by Segments

4. Foreign Currency Exchange Rates

33

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.

(Reference)

Segments and Business Divisions

Appliances

Connected Solutions

Air-Conditioner Company
Panasonic Avionics Corporation
TV BD
Process Automation BD
Imaging Network BD
Media Entertainment BD
Home Entertainment BD
Mobile Solutions BD
Communication Products BD
Security Systems BD
Refrigerator BD
Panasonic System Solutions Japan Co., Ltd.
Laundry Systems and Vacuum Cleaner BD
Kitchen Appliances BD
Beauty and Living BD
Refrigeration and Air-Conditioning Devices BD
Smart Energy System BD
Cold Chain BD
Hussmann Corporation

Eco Solutions
Lighting BD
Energy Systems BD
Housing Systems BD
Panasonic Ecology Systems Co., Ltd.
Panasonic Cycle Technology Co., Ltd.

Automotive & Industrial Systems
Automotive Infotainment Systems BD
Automotive Electronics Systems BD
Ficosa International, S.A.
Rechargeable Battery BD
Energy Device BD
Electromechanical Control BD
Panasonic Semiconductor Solutions Co., Ltd.
Device Solutions BD
Electronic Materials BD
Panasonic Liquid Crystal Display Co., Ltd.

Other
PanaHome Corporation

As of February 5, 201834

Fiscal 2018 Third Quarter and Nine-Month Financial Results(Reference)

List of Businesses whose sales are disclosed in FY18

Appliances

・Air-Conditioner Business・Commercial Refrigeration &Food Equipment Business・Small & Built-in Appliance Business・Major Appliance Business
・AVC Business

Eco Solutions

・Lighting BD
・Energy Systems BD
・Housing Systems BD
・Panasonic Ecology Systems Co., Ltd

Connected
Solutions

Automotive &Industrial
Systems

35: Air-Conditioner Company: Cold Chain BD, Hussmann Corporation: Kitchen Appliances BD, Beauty and Living BD: Refrigerator BD, Laundry Systems and Vacuum Cleaner BD: TV BD, Imaging Network BD, Home Entertainment BD,
Communication Products BD

・Avionics Business・Process Automation BD
・Media Entertainment BD・Mobile Solutions BD
・PSSJ: Panasonic Avionics Corporation, Avionics BU

・Automotive Business: Automotive Infotainment Systems BD,
Automotive Electronics Systems BD, Ficosa International, S.A.
: Rechargeable Battery BD, Energy Device BD: Electromechanical Control BD,
Panasonic Semiconductor Solutions Co., Ltd.,
Device Solutions BD, Electronic Materials BD,
Panasonic Liquid Crystal Display Co., Ltd.
As of February 5, 2018

・Energy Business・Industrial Business: Panasonic System Solutions Japan Co., Ltd.

Fiscal 2018 Third Quarter and Nine-Month Financial Results

Copyright (C) 2018 Panasonic Corporation All Rights Reserved.