We have audited the accompanying consolidated balance sheets of Panasonic Corporation and subsidiaries (the Company”) as of March 31, 2015 and 2014, and the related consolidated statements of operations,comprehensive income (loss), equity, and cash flows for each of the years in the three-year period ended March 31, 2015. In connection with our audits of the consolidated financial statements, we also have audited financial statement schedule as listed in the accompanying index. These consolidated financial statements and financial statement schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion on these consolidated financial statements and financial statement schedule based on our audits.