PCRFY - Panasonic Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
14.335
-0.165 (-1.14%)
At close: 3:59PM EDT
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Previous Close14.500
Open0.000
Bid0.000 x 0
Ask0.000 x 0
Day's Range0.000 - 0.000
52 Week Range
Volume3,065,281
Avg. Volume347,295
Market Cap33.427B
Beta1.32
PE Ratio (TTM)15.15
EPS (TTM)0.946
Earnings DateN/A
Forward Dividend & Yield0.22 (1.51%)
Ex-Dividend Date2017-09-27
1y Target Est17.55
Trade prices are not sourced from all markets
  • Reuters11 days ago

    Nikkei hits 3-mth high on solid earnings, Wall St surge; Suzuki, Panasonic shine

    Japan's Nikkei share average rose to a three-month high on Friday, buoyed by tepid U.S. inflation data easing concerns over the Federal Reserve hiking rates at an accelerated pace, as well on gains for ...

  • Reuters11 days ago

    Nikkei hits 3-month highs after Wall St rally; Suzuki, Panasonic shine

    Japan's Nikkei share average rose to three-month highs on Friday, buoyed by a surge on Wall Street after weaker-than-expected U.S. inflation data eased concerns over the Federal Reserve hiking interest ...

  • CNBC11 days ago

    Panasonic executives reportedly cautious about future Tesla commitments

    As Tesla struggles to ramp Model 3 vehicle production, Panasonic has expressed hesitation to spend more on battery and manufacturing commitments with the EV company.

  • CNBC11 days ago

    Panasonic executives reportedly cautious about future Tesla commitments

    Some Panasonic executives are cautious about making new battery manufacturing commitments with Tesla, according to the Nikkei Asian Review. In the U.S., Panasonic and Tesla are investing up to $5 billion over the next two years in Tesla's Nevada-based Gigafactory 1. Some Panasonic executives are expressing hesitation about new investments with Tesla TSLA in battery manufacturing, according to a report out Thursday in the Nikkei Asian Review.

  • Reuters12 days ago

    Japan's Panasonic says it could make batteries with Tesla in China

    Panasonic Corp could jointly produce batteries with U.S. electric vehicle (EV) maker Tesla Inc (TSLA.O) in China, as the Japanese electronics conglomerate looks to tap into that country's surging EV demand, its chief executive said on Thursday. "As already reported, Tesla could in the future launch full-fledged production in China - and we could produce jointly," Kazuhiro Tsuga said at an earnings briefing, in Panasonic's first official acknowledgement of possible battery cell production for Tesla in the world's biggest auto market. Panasonic currently produces battery cells for Tesla in Japan as well as at Tesla's so-called Gigafactory in the U.S. state of Nevada.

  • Japan's Panasonic says it could make batteries with Tesla in China
    Reuters12 days ago

    Japan's Panasonic says it could make batteries with Tesla in China

    Panasonic Corp could jointly produce batteries with U.S. electric vehicle (EV) maker Tesla Inc (TSLA.O) in China, as the Japanese electronics conglomerate looks to tap into that country's surging EV demand, its chief executive said on Thursday. "As already reported, Tesla could in the future launch full-fledged production in China - and we could produce jointly," Kazuhiro Tsuga said at an earnings briefing, in Panasonic's first official acknowledgement of possible battery cell production for Tesla in the world's biggest auto market. Panasonic currently produces battery cells for Tesla in Japan as well as at Tesla's so-called Gigafactory in the U.S. state of Nevada.

  • Associated Press22 days ago

    Panasonic to pay $280M to settle federal corruption probe

    LAKE FOREST, Calif. (AP) — Panasonic Corp. will pay about $280 million to resolve federal charges that executives at its in-flight entertainment unit improperly hid payments to consultants overseas in violation of anti-corruption rules, officials announced Monday.

  • The Wall Street Journal22 days ago

    [$$] Panasonic Unit Admits Accounting Offense

    Panasonic Avionics admitted violating an accounting provision of the main U.S. antibribery law, triggering payments to authorities of over $280 million.

  • Reuters22 days ago

    Panasonic unit settles U.S. criminal, civil charges of bribery

    A unit of Panasonic Corp agreed to pay about $280 million on Monday in a deal with the U.S. government to resolve criminal and civil charges that the company falsified its financial records to conceal payments to sales agents in China and other parts of Asia. The criminal charges were filed against Panasonic Avionics Corp, a subsidiary that designs in-flight entertainment systems, by the U.S. Justice Department in the U.S. District Court for the District of Columbia. The Justice Department agreed to hold off on prosecuting the company, according to court records.

  • Reuters22 days ago

    Panasonic unit settles U.S. criminal, civil charges of bribery

    A unit of Panasonic Corp agreed to pay about $280 million on Monday in a deal with the U.S. government to resolve criminal and civil charges that the company falsified its financial records to conceal payments to sales agents in China and other parts of Asia. The criminal charges were filed against Panasonic Avionics Corp, a subsidiary that designs in-flight entertainment systems, by the U.S. Justice Department in the U.S. District Court for the District of Columbia. The Justice Department agreed to hold off on prosecuting the company, according to court records.

  • MarketWatch22 days ago

    DOJ, SEC fine Panasonic $280 million for foreign bribery

    The Securities and Exchange Commission fined Panasonic Avionics Corp. $143 million on Monday to settle charges of Foreign Corrupt Practices Act and accounting fraud violations in its global avionics business. The Department of Justice also said on Monday that the company would pay a criminal penalty of more than $137 million as part of a deferred prosecution agreement related the accounting fraud violations of the FCPA. According to the SEC's order, Panasonic's U.S. subsidiary, Panasonic Avionics Corp., a provider of in-flight entertainment and communication systems, offered a lucrative consulting position to a government official at a state-owned airline to induce the official to help PAC in obtaining and retaining business from the airline.

  • Panasonic to Pay $280 Million to End U.S. Corruption Probe
    Bloomberg22 days ago

    Panasonic to Pay $280 Million to End U.S. Corruption Probe

    Panasonic Corp. will pay about $280 million to resolve U.S. allegations that executives at its in-flight-entertainment unit improperly hid payments to consultants in the Middle East and Asia, some of whom did little or no work for the company. The Panasonic parent company, in a settlement announced Monday, will pay $143 million in disgorgement to the Securities and Exchange Commission, while Panasonic Avionics Corp. agreed to pay about $137 million in penalties to the Justice Department for violations of the accounting provisions of the Foreign Corrupt Practices Act. In addition, Panasonic Avionics, based in Lake Forest, Calif., entered into a deferred-prosecution agreement filed Monday alongside a criminal information in Washington federal court.

  • Reuters22 days ago

    U.S. Justice Dept charges Panasonic unit with anti-bribery law violations

    The U.S. Justice Department filed criminal charges against a unit of Panasonic Corp on Monday, alleging the company falsified its financial books and records in order to conceal payments to sales agents in China and other parts of Asia. The charges were filed against Panasonic Avionics Corp, a subsidiary that designs in-fight entertainment systems, as part of a criminal information in the U.S. District Court for the District of Columbia. In general, criminal information filings are used in cases where defendants are settling the charges.

  • Reuterslast month

    "Gold rush" for Wi-Fi on board planes spurs innovation

    By Victoria Bryan HAMBURG (Reuters) - Satellite technology to provide Wi-Fi on board planes has matured to a point where more and more airlines are looking to use it, triggering a "gold rush" ...

  • Tesla Gives Panasonic an Electric Shock
    Bloomberglast month

    Tesla Gives Panasonic an Electric Shock

    The Japanese company's reliance on its U.S. customer is a weakness.

  • Reuters2 months ago

    Panasonic shares dive on U.S. probe into fatal Tesla crash

    TOKYO (Reuters) - Shares of Japan's Panasonic Corp fell 6 percent early on Wednesday after the United States began a federal field investigation into last week's fatal crash and vehicle fire of major battery ...

  • Reuters2 months ago

    Panasonic shares dive on U.S. probe into fatal Tesla crash

    Shares of Japan's Panasonic Corp fell 6 percent early on Wednesday after the United States began a federal field investigation into last week's fatal crash and vehicle fire of major battery customer Tesla Inc. Panasonic produces lithium-ion batteries for Tesla in a joint venture with the California-based electric car maker. News of the federal investigation had sent Tesla's shares tumbling more than 8 percent on Tuesday to close at the lowest level in almost a year.

  • Aging Japan: Robots may have role in future of elder care
    Reuters2 months ago

    Aging Japan: Robots may have role in future of elder care

    Robots have the run of Tokyo's Shin-tomi nursing home, which uses 20 different models to care for its residents. The Japanese government hopes it will be a model for harnessing the country's robotics expertise to help cope with a swelling elderly population and dwindling workforce. Allowing robots to help care for the elderly - a job typically seen as requiring a human touch - may be a jarring idea in the West.

  • Reuters2 months ago

    Ageing Japan - Robots may have role in future of elder care

    Robots have the run of Tokyo's Shin-tomi nursing home, which uses 20 different models to care for its residents. The Japanese government hopes it will be a model for harnessing the country's robotics expertise to help cope with a swelling elderly population and dwindling workforce. Allowing robots to help care for the elderly - a job typically seen as requiring a human touch - may be a jarring idea in the West.

  • The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic
    Zacks2 months ago

    The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic

    The Zacks Analyst Blog Highlights: Macy's, Dillard???s, Weight Watchers, Sony and Panasonic

  • Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns
    Zacks2 months ago

    Buy These 3 Consumer Stocks Amid Chinese Trade War Concerns

    Stocks experienced substantial declines on Thursday, spurred by concerns surrounding possible tariff-related retaliation from China against U.S. giants such as Boeing (BA), while Facebook (FB) sunk further on data breach woes.

  • Axon CEO touts benefits of his police tech
    CNBC Videos18 days ago

    Axon CEO touts benefits of his police tech

    Jim Cramer sits down with Axon Enterprise co-founder and CEO Rick Smith, who talks about his company's latest acquisition.

  • 'We're running the geekiest office in Seattle.' Fresh off...
    CNBC Videos18 days ago

    'We're running the geekiest office in Seattle.' Fresh off...

    Jim Cramer sits down with Axon Enterprise co-founder and CEO Rick Smith, who talks about his company's latest acquisition.