copyright c 2004 matsushita electric industrial co ltd all rights reserved tetsuya kawakami fiscal 2005 first half financial results notes 1 this is an english translation from the original presentation in japanese 2 or fy refers to year ending march 31 summary sales and profitability up for third consecutive both exceed july forecast second quarter operating profit reaches 5 highest level 13 years fy1992 3 fy2005 full be announced at time of contents v products by segment 4 analysis restructuring 6 inventories capital investments new policies regarding return shareholders consolidated fy2004 318 639 7 19 domestic 202 9 676 overseas 115
