Panasonic’s Sales & Profits Mostly Come From Automotive & Industrial Systems

In FY2015 ended on March 31, Panasonic noted 7,715.0 billion yen ($64.3 billion) in sales out of which 2,782.5 ($23.2 billion) came from Automotive & Industrial Systems (AIS). Part of AIS is lithium-ion batteries, and again part of them are going to electric cars (mostly Tesla). Sadly, we don’t know details for… …read more