Regarding some media reports on the television business and others

Panasonic Holdings Corporation held a briefing on February 4 for the mass media, institutional investors and analysts regarding Group Management’s Planned Reform of Panasonic Group.

Regarding those businesses facing challenges, including the television business, we are considering all possibilities with a view to fundamentally reforming their profitability, but no decisions have been taken at this time, including any potential sale of the business or withdrawal from this market.

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