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A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017.

Panasonic Sees Flat Profits Amid Price Rises, Shortages

Panasonic Corp on Wednesday forecast flat operating profits this business year as component shortages caused by COVID-19 lockdowns in China and rising material costs following Russia's invasion of Ukraine pose a risk to earnings.

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