Panasonic Corp. announced on Friday that it has recorded its worst-ever group net loss of 772.17 billion yen (9.67 billion U.S. dollars) for the financial year ending in March.

For the January-March period alone, the flagship electronics maker logged a ballooned loss of 438 billion yen.

The company blamed the negative impact of the natural disasters in March last year, an appreciated yen and the massive flooding in Thailand for the huge loss. In the previous financial year, Panasonic witnessed sharp sales fall in digital products.

Nevertheless, the company said it expects to return to the black by realizing a net profit of 50 billion yen for the current fiscal year, citing positive results of its restructuring efforts and sales hike in Asian region, including China.

The company forecast that sales will increase in items including appliances and energy.

Panasonic is not the only Japanese electronics maker to book huge loss. Sony Corp. and Sharp Corp. had reported their worst- ever group net losses for the previous fiscal year.

沪江英语快讯:日本松下电器公司11日公布的财报显示,2011财年(2011年4月至2012年3月)出现7721.7亿日元(约合96.6亿美元)的巨额净亏损,创下该公司亏损额的历史最高纪录。主要原因包括电视机、手机等产品销售低迷,日元大幅升值及泰国洪灾影响等。