Panasonic 2011 Annual Report Download - page 3

Panasonic Annual Report 2011
Financial
Highlights Highlights Top Message Group Strategies Corporate
Governance
Financial and
Corporate Data
R&D Design Intellectual
Property
Segment
Information
Contents
Search Return Next
page 2
Instructions Regarding the Use of Navigation and
Category Tabs
Editorial Policy
This Annual Report contains wide-ranging information including details of
Panasonic’s business strategies and financial position that assist mainly
individual and institutional investors in making investment decisions. In
this Report, the Company has focused particularly on improving quality
from the following two perspectives.
1. Readability
Enhancing the Report’s overall landscape, steps have been taken to
improve PC screen readability. Navigation and category tabs are newly
employed on each page allowing easy movement between pages.
2. Content
A Topics section has been added to further enhance the Report’s content. Initiatives
implemented as well as the details and results of business activities are presented
together with photographs and charts in an easy-to-understand manner.
Please refer to the website URL indicated to the right for information
on Panasonic’s approach and activities regarding corporate social
responsibilities (CSR) and the environment.
This Annual Report includes forward-looking statements (within
the meaning of Section 27A of the U.S. Securities Act of 1933
and Section 21E of the U.S. Securities Exchange Act of 1934)
about Panasonic and its Group companies (the Panasonic
Group). To the extent that statements in this Annual Report do
not relate to historical or current facts, they constitute
forward-looking statements. These forward-looking statements
are based on the current assumptions and beliefs of the
Panasonic Group in light of the information currently available to
it, and involve known and unknown risks, uncertainties and other
factors. Such risks, uncertainties and other factors may cause
the Panasonic Group's actual results, performance,
achievements or financial position to be materially different from
any future results, performance, achievements or financial
position expressed or implied by these forward-looking
statements. Panasonic undertakes no obligation to publicly
update any forward-looking statements after the date of this
Annual Report. Investors are advised to consult any further
disclosures by Panasonic in its subsequent filings with the U.S.
Securities and Exchange Commission pursuant to the U.S.
Securities Exchange Act of 1934 and its other filings.
The risks, uncertainties and other factors referred to above
include, but are not limited to, economic conditions, particularly
consumer spending and corporate capital expenditures in the
U.S., Europe, Japan, China and other Asian countries; volatility
in demand for electronic equipment and components from
business and industrial customers, as well as consumers in
many product and geographical markets; currency rate
fluctuations, notably between the yen, the U.S. dollar, the euro,
the Chinese yuan, Asian currencies and other currencies in
which the Panasonic Group operates businesses, or in which
assets and liabilities of the Panasonic Group are denominated;
the possibility of the Panasonic Group incurring additional costs
of raising funds, because of changes in the fund raising
environment; the ability of the Panasonic Group to respond to
rapid technological changes and changing consumer
preferences with timely and cost-effective introductions of new
products in markets that are highly competitive in terms of both
price and technology; the possibility of not achieving expected
results on the alliances or mergers and acquisitions including the
business reorganization after the acquisition of all shares of
Panasonic Electric Works Co., Ltd. and SANYO Electric Co.,
Ltd.; the ability of the Panasonic Group to achieve its business
objectives through joint ventures and other collaborative
agreements with other companies; the ability of the Panasonic
Group to maintain competitive strength in many product and
geographical areas; the possibility of incurring expenses resulting
from any defects in products or services of the Panasonic
Group; the possibility that the Panasonic Group may face
intellectual property infringement claims by third parties; current
and potential, direct and indirect restrictions imposed by other
countries over trade, manufacturing, labor and operations;
fluctuations in market prices of securities and other assets in
which the Panasonic Group has holdings or changes in valuation
of long-lived assets, including property, plant and equipment and
goodwill, deferred tax assets and uncertain tax positions; future
changes or revisions to accounting policies or accounting rules;
natural disasters including earthquakes, prevalence of infectious
diseases throughout the world and other events that may
negatively impact business activities of the Panasonic Group; as
well as direct or indirect adverse effects of the Great East Japan
Earthquake on the Panasonic Group in terms of, among others,
component procurement, manufacturing, distribution, economic
conditions in Japan including consumer spending and sales
activities overseas. The factors listed above are not all-inclusive
and further information is contained in Panasonic's latest annual
reports, Form 20-F, and any other reports and documents which
are on file with the U.S. Securities and Exchange Commission.
Environmental Activities
http://panasonic.net/eco/
CSR
http://panasonic.net/csr/
Disclaimer Regarding Forward-Looking Statements
Panasonic Annual Report 2011 Search Contents Return Next
page 1
Financial
Highlights Highlights Top Message Group Strategies Corporate
Governance
Financial and
Corporate Data
R&D Design Intellectual
Property
Segment
Information
With the exception of the relevant page number, navigation tabs will not appear when
each page is printed.
Navigation tab
Return to Contents Page number
The search function is
available for this pdf file.
Return one page Forward one page
Search Contents Return Next
page 1
Financial
Highlights Highlights Top Message Group Strategies Corporate
Governance
Financial and
Corporate Data
R&D Design Intellectual
Property
Segment
Information
Click to go to the first page of each category.
Category tab