# Panasonic vs Obic

> Unit: JPY millions (ratios in %)
> Periods: Panasonic = FY ending Mar 2026, consolidated, IFRS / Obic = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T19:02:57.287Z

| Metric | Panasonic | Obic |
| --- | ---: | ---: |
| Revenue | 8,048,722 | 135,209 |
| Operating income | 236,407 | 88,823 |
| Net income | 189,540 | 75,191 |
| COGS ratio | 68.6% | 21.9% |
| Operating margin | 2.9% | 65.7% |
| Net margin | 2.4% | 55.6% |
| FCF margin | -0.9% | 52.9% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YETA | S100YGBS |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Panasonic | Obic |
| --- | ---: | ---: |
| Revenue growth | 31.8 (11 peers) | 56.7 (105 peers) |
| Profitability | 46.4 (14 peers) | 99 (145 peers) |
| Cash conversion | 86.4 (11 peers) | 31.6 (128 peers) |
| Efficiency | 17.9 (14 peers) | 1.7 (145 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/panasonic-holdings/md
- https://vizora.meequs.com/en/company/obic/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).