Panasonic loses 18% in stock value.

Per MarketWatch, as of midday in Tokyo.

The story here, via Bloomberg.

Regular readers have been following this one, concerned about whether business conditions are going to require a little restructuring.

This is a stock that has never recovered from 2008’s “Lehman Shock”. Then, it was trading in above ¥2,000. Now, below 500 yen.