UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of August, 2015
Commission File Number: 1-6784
Panasonic Corporation
1006, Oaza Kadoma,
Kadoma City, Osaka 571-8501
Japan
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(7):
1. | News release issued on August 28, 2015, by Panasonic Corporation (the registrant), announcing dividends forecasts. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Panasonic Corporation | ||
By: | /s/ HIROHISA IKUTOMI | |
Hirohisa Ikutomi, Attorney-in-Fact | ||
Manager of Disclosure & Investor Relations Office, Disclosure Section, | ||
Panasonic Corporation |
Dated: August 31, 2015
FOR IMMEDIATE RELEASE
Media Contacts: | Investor Relations Contacts: | |
Chieko Gyobu (Japan) | Yukie Takakuwa (Japan) | |
Public Relations Department | Disclosure & Investor Relations Office | |
(Tel: +81-3-3574-5664) | (Tel: +81-6-6908-1121) | |
Panasonic News Bureau (Japan) | Yuko Iwatsu (U.S.) | |
(Tel: +81-3-3542-6205) | (Tel: +1-201-348-7000) | |
Jim Reilly (U.S.) | Hiroko Carvell (Europe) | |
(Tel: +1-201-392-6067) | (Tel: +44-134-470-6982) | |
Anne Guennewig (Europe) | ||
(Tel: +49-611-235-457) |
Panasonic Announces Dividends Forecasts
Osaka, Japan, August 28, 2015 Panasonic Corporation ([TSE:6752] Panasonic) today announced that its Board of Directors has resolved the forecast of interim dividends for the fiscal year ending March 31, 2016 (fiscal 2016). The record date for the interim dividend is September 30, 2015. The forecasts are as follows.
Annual dividends for fiscal 2016 | ||||||
Record date |
Interim dividends (September 30, 2015) |
Year-end dividends (March 31, 2016) |
Total dividends | |||
Previous forecasts (announced on July 29, 2015) |
| | | |||
Revised forecasts |
10 yen | | | |||
Dividends for fiscal 2015 |
8 yen | 10 yen | 18 yen |
Reason:
Panasonic plans to distribute an interim dividend of 10 yen per share for fiscal 2016 due to its overall policy of distributing profits to shareholders based on its business performance, as well as its current financial position. The year-end dividend has not been decided.
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Disclaimer Regarding Forward-Looking Statements
This press release includes forward-looking statements (that include those within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934), as amended about Panasonic and its Group companies (the Panasonic Group). To the extent that statements in this press release 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 Groups 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 press release. Investors are advised to consult any further disclosures by Panasonic in its subsequent filings under the Financial Instrument and Exchange Act of Japan (the FIEA) and other publicly disclosed documents.
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 Americas, 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; the possibility that excessive currency rate fluctuations of the U.S. dollar, the euro, the Chinese yuan and other currencies against the yen may adversely affect costs and prices of Panasonics products and services and certain other transactions that are denominated in these foreign currencies; the possibility of the Panasonic Group incurring additional costs of raising funds, because of changes in the fund raising environment; the possibility of the Panasonic Group not being able 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 or incurring unexpected losses in connection with the alliances or mergers and acquisitions; the possibility of not being able to achieve its business objectives through joint ventures and other collaborative agreements with other companies, including due to the pressure of price reduction exceeding that which can be achieved by its effort and decrease in demand for products from business partners which Panasonic highly depends on in BtoB business areas; the possibility of the Panasonic Group not being able 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; the possibility of incurring expenses resulting from a leakage of customers or confidential information from Panasonics systems due to unauthorized access or a detection of vulnerability of network-connected products of the Panasonic Group; as well as natural disasters including earthquakes, prevalence of infectious diseases throughout the world, disruption of supply chain and other events that may negatively impact business activities of the Panasonic Group. The factors listed above are not all-inclusive and further information is contained in the most recent English translated version of Panasonics securities reports under the FIEA and any other documents which are disclosed on its website.
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