Panasonic reports “sluggish” digital cameras sales in Europe
Panasonic published the full 2020 financial report. There is nearly no mention about the camera business. All they say in the “Appliances” segment is this:
Sales decreased by 6% to 2,592.6 billion yen from a year ago. Despite increased sales such as room air-conditioners in Asia and large-sized air-conditioners in Japan, overall sales decreased due mainly to sluggish sales of TVs and digital cameras in Europe. Operating profit decr eased to 55.7 billion yen from a year ago due mainly to decreasedsales and restructuring expenses.