Panasonic reports record loss on Thailand floods

Note: This section contains information in English only.
Source: Bloomberg
Consumer electronics manufacturer Panasonic Corp. posted its all time record high losses due to the floods in Thailand amid appreciating Yen and global economy slowdown. Panasonic Corp. reported a loss valued at JPY 780 billion or USD 10 billion. In October the company predicted loss of JPY 420 billion. 
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