[松下公司财务状况分析英文版.ppt

Analysis report of Panasonic 09会计2班 第7组 Introduction of the company Analysis of the company’s financial statements Conclusion Company Profile Panasonic Corporation is a Japan-based electronics manufacturer Analysis of financial statements 1) Stockholder analysis 2) Corporate governance 3) Risk and return 4) Measuring investment returns 5) Selection and optimization of capital structure 6) Mechanics of moving to the optimal 7) Dividend policy and analysis Corporate Governance Structure Stockholder analysis Risk and Return Measuring investment returns Selection and optimization of capital structure A companys ratio of short and long-term debt should also be considered when examining its capital structure. Capital structure is most often referred to as a firms debt-to-equity ratio, which provides insight into how risky a company is for potential investors. Determining an optimal capital is a chief requirement of any firm’s corporate finance department. Mechanics of moving to the optimal Dividend policy and analysis Firstly, dividend policy is the corporation on whether to extend dividend, extend the issue of how much and when. Stock information Dividend Decision From the listing above, we can know that treasury stock at the end of the year remains a level. So I think the corporation can choose the way that they buy back a stated number of shares at a fixed price. We will not suggest that they return cash to the stockholders for the company’s future . Because I think they need cash to invest in order to earn more money. Summary Summary Summary * * Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Evaluation only. Created with Aspose.Slides for .NET 3.5 Client Profile 5.2.0.0. Copyright 2004-2011 Aspose Pty Ltd. Evaluation only. Cre