Financial Times FT.com

Matsushita and Toshiba report strong profits

By Michiyo Nakamoto in Tokyo

Published: April 28 2006 08:20 | Last updated: April 28 2006 08:20

Two of Japan’s leading electronics makers highlighted their success in exploiting the increasing shift to digital products by reporting strong results for last year, but indicated that this year would be more difficult.

Matsushita, Japan’s largest consumer electronics group, said strong sales of its digital consumer electronics products helped it achieve its fourth year of higher sales and profits and the highest level of operating and net profits in 15 years.

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