Matsushita revises down profit forecasts for fiscal 2002

Matsushita revises down profit forecasts for fiscal 2002

TOKYO, Japan - Matsushita Electric Industrial Co. Executive Director Tetsuya Kawakami speaks at a news conference in Tokyo on Feb. 20. The consumer electronics giant revised downward its group profit forecasts for the business year to March 31, 2003, citing latent losses on its stockholdings and expenses stemming from restructuring programs at overseas subsidiaries.

  • Product Code
  • ILEA001095588
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  • 2003/2/20 00:00:00
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  • Kyodo / Kyodo News Images
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