Panasonic Electric Works Co.Ltd. expected to Report Q3 2010 Results on February 1, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

Panasonic Electric Works Co.Ltd. will release a battery charger for all-electric vehicles and plug-in hybrids in June 2010. The recharging device, dubbed Elseev, will sell for around ¥200,000 for use at public facilities and corporate parking lots. In fiscal 2011 ending in March 2012, the company aims to sell 10,000 units of the device, which is 21 centimeters long, 28 centimeters wide and 160 centimeters high. The company plans to release a home battery charger if electric vehicles and plug-in hybrids become more popular.

Panasonic Electric Works Co.Ltd. reported consolidated earnings results for the first quarter ended June 30, 2009. For the quarter, the company reported operating income of ¥5,200 million, extraordinary loss of ¥2,600 million, pre-tax income of ¥8,100 million and net income of ¥6,700 million on sales of ¥328,700 million compared to operating income of ¥10,600 million, extraordinary loss of ¥300 million, pre-tax income of ¥10,500 million and net income of ¥5,300 million on sales of ¥407,800 million for the same period of last year. The company provided earnings guidance for the six months ending September 30, 2009. For the period, the company expects extraordinary loss of ¥6,500 million, pre-tax income of ¥6,500 million and net income of ¥7,000 million on sales of ¥690,000 million. The company provided dividend guidance for the six months ending September 30, 2009. For the period, the company expects cash dividend of ¥6.25 per share. The company declared cash dividend of ¥12.5 per share for the six months of 2009.