TOKYO, July 31 (Reuters) - Japan's Panasonic Holdings ( PCRFF )
said on Wednesday the first-quarter operating profit of
its battery-making energy unit was hit by decreasing sales and
faced a decline in production at its automotive battery factory
in Japan.
Operating income for the key segment, which makes batteries
for Tesla and other automakers, posted a 27%
year-on-year decline to 21.6 billion yen ($141.97 million).
The company, however, maintained the full-year operating
profit forecast for the unit at 109 billion yen.
($1 = 152.1400 yen)