Panasonic Third-Quarter Results

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February 3, 2012, Tokyo, Japan – Fumio Otsubo, President of Panasonic Corporation speaks during a press conference at its head office in downtown Tokyo. Panasonic expects its worst-ever net loss of 780 billion yen (approximately $10.2 billion US dollars) compared to the previous forecast of a loss of 420.0 billion yen, due to the 2011 flooding in Thailand and acquisition prices. (Photo by Christopher Jue/AFLO)

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Fumio Otsubo gestures to the media during a press conference at its head office in Tokyo.