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Panasonic
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{{Short description|Japanese multinational electronics corporation}}{{other uses}}{{Distinguish|Pensonic Group|Pan Sonic}}{{Use mdy dates|date=March 2024}}









factoids
name Panasonic Holdings Corporation| native_name = パナソニック ホールディングス株式会社| native_name_lang = ja| romanized_name = Panasonikku Hōrudingusu kabushiki gaisha| logo = Panasonic_Group_logo.svg| logo_caption =| image = PanasonicHeadquarters.JPG| image_size = 250px| image_caption = Headquarters in Osaka, Japan



    {edih}
    Public company>Public{{TYO{{NAG{{NYSE wasNikkei 225 component (TYO)|TOPIX Large70 component (TYO)}}sl=nJP3866800000}}Conglomerate (company)>ConglomerateOsaka, JapanHTTP://HOLDINGS.PANASONIC/GLOBAL/CORPORATE/ABOUT/HISTORY/CHRONICLE/1918.HTML PUBLISHER=PANASONIC, December 30, 2018, Manila, Philippines| founder = Kōnosuke MatsushitaKadoma, Osaka, Japan{{Coord>34.7438type:landamrk_region:JP-27|display=inline,title}}| area_served = WorldwideKazuhiro Tsuga (chairman)Yuki Kusumi楠見雄規}}HTTPS://HOLDINGS.PANASONIC/GLOBAL/CORPORATE/ABOUT/MESSAGE.HTML>TITLE = GROUP CEO’S MESSAGE, 2024-01-11, (president and CEO)}}Artificial intelligenceAutomation>ConstructionElectrical equipments>Electronics industry>EntertainmentFan (machine)>FansHome appliances>Industrial equipmentsInternet of things>IoTLighting>Personal computersRechargeable battery>Robotics|Software}}7.388 trillionARCHIVE-DATE=MAY 9, 2021 TITLE=ANNUAL REPORT 2022 DATE=SEPTEMBER 11, 2020, June 11, 2022, 357.5 billion}} (2022)255.3 billion}} (2022)8.023 trillion}} (2022)3.347 trillion}} (2022)| num_employees = 233,391 (2023)About Panasonic| divisions = Panasonic Corporation of North America (US)Panasonic CorporationPanasonic Entertainment & CommunicationPanasonic ConnectPanasonic EnergyAnchor Electricals Pvt. Ltd.>Panasonic Ecology SystemsPanasonic Electric Works>Panasonic Avionics CorporationSanyo>Sanyo Electric Co., Ltd.|Blue Yonder}} }}{{Nihongo foot|Panasonic Holdings Corporation|パナソニック ホールディングス株式会社|Panasonikku Hōrudingusu Kabushiki gaisha|group=lower-alpha}} is a Japanese multinational electronics company, headquartered in Kadoma, Osaka, Japan. It was founded in 1918 as {{Nihongo foot|Matsushita Electric Housewares Manufacturing Works|松下電気器具製作所|group=lower-alpha}} in Fukushima, Osaka by Kōnosuke Matsushita. In 1935, it was incorporated and renamed {{Nihongo foot|Matsushita Electric Industrial Co., Ltd.|松下電器産業株式会社|group=lower-alpha}} In 2008, it changed its name to {{Nihongo foot|Panasonic Corporation.|パナソニック株式会社|group=lower-alpha}} In 2022, it became a holding company and was renamed.In addition to consumer electronics, of which it was the world’s largest maker in the late 20th century, Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionic systems, industrial systems, as well as home renovation and construction.WEB, November 19, 1991, MATSUSHITA PROFIT CUT,www.afr.com/companies/matsushita-profit-cut-19911119-k4nqu, July 25, 2020, Australian Financial Review, en, NEWS, Kunii, Irene M., Matsushita: The Electronic Giant Wakes Up,www.bloomberg.com/news/articles/1998-07-12/matsushita-the-electronic-giant-wakes-up-intl-edition, July 25, 2020, Bloomberg.com, July 13, 1998, NEWS, Forbes Global 2000 Profile, Forbes,finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?sedol=6572707, dead, January 3, 2010,finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?sedol=6572707," title="web.archive.org/web/20100202064838finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?sedol=6572707,">web.archive.org/web/20100202064838finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?sedol=6572707, February 2, 2010, NEWS, Yoshiyasu, Shida, Christopher, Cushing, July 8, 2016, Panasonic expects to double sales of electric car batteries in three years, en, Reuters, Osaka,www.reuters.com/article/us-panasonic-tesla-idUSKCN0ZO0UF, January 18, 2023, WEB, Panasonic Homes Co., Ltd. – Panasonic,homes.panasonic.com/english/, July 25, 2020, homes.panasonic.com, Panasonic has a primary listing on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX 100 indices. It has a secondary listing on the Nagoya Stock Exchange.

    Corporate name

    From 1925 to October 1, 2008, the company’s corporate name was “Matsushita Electric Industrial Co.” (MEI).松下電器産業株式会社が「パナソニック株式会社」に社名変更, Panasonic Corporation. October 1, 2008. Retrieved October 3, 2008.{{in lang|ja}}.WEB,panasonic.co.jp/corp/news/official.data/data.dir/en071012-4/en071012-4.html, Matsushita Electric Becomes Panasonic Corporation, Panasonic Corporation, October 1, 2008, October 3, 2008, On January 10, 2008, the company announced that it would change its name to “Panasonic Corporation”, in effect on October 1, 2008, to conform with its global brand name “Panasonic”.NEWS, Foster, Martin, 2008-01-10, Matsushita Electric changing its name to Panasonic,www.nytimes.com/2008/01/10/business/worldbusiness/10iht-panasonic.4.9136644.html, 2024-05-16, The New York Times, en-US, 0362-4331, MAGAZINE,www.forbes.com/2008/01/10/matsushita-panasonic-update-markets-equity-cx_cg_0110markets45.html, What’s In A Name For Matsushita, June 3, 2012, Forbes, January 11, 2008, WEB, Ltd. Matsushita Electric Industrial Co. {{!, Science Museum Group Collection |url=https://collection.sciencemuseumgroup.org.uk/people/cp50168/matsushita-electric-industrial-co-ltd |access-date=2024-05-16 |website=collection.sciencemuseumgroup.org.uk |language=en}} The name change was approved at the shareholders’ meeting on June 26, 2008, after consultation with the Matsushita family.WEB,reviewsca.com/best-ladies-electric-shaver/, Top 7 Best Ladies Electric Shaver Reviews of 2022, December 3, 2020, December 28, 2020, January 27, 2021,web.archive.org/web/20210127014142/https://reviewsca.com/best-ladies-electric-shaver/, dead, In 2022, Panasonic announced a reorganization plan which split the company into Panasonic Holdings Corporation (the former Panasonic Corporation) and conversion of its divisions into subsidiaries; the Lifestyle Updates Business Division being the division that took the Panasonic Corporation name after the reorganization. The reorganization took effect on April 1, 2022.

    Brand names

    Panasonic Corporation currently sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012.Sanyo name to cease by April 1, 2012, Panasonic tells partners | AV Interactive | Pro AV news, analysis and comment from Europe’s leading Audio Visual title | AV Magazine. AV Interactive (June 6, 2013). Retrieved July 26, 2013. It uses the marketing slogan “A Better Life, A Better World”. The company has sold products under a number of other brand names during its history.In 1927, Matsushita adopted the {{Nihongo foot|“National“|ナショナル|Nashonaru|group=lower-alpha}} brand name for a new lamp product.WEB,panasonic.net/history/corporate/chronicle/1927-01.html, Panasonic History: 1927 – Square bicycle lamp developed and marketed, Panasonic Corporation, October 2, 2008, dead,panasonic.net/history/corporate/chronicle/1927-01.html," title="web.archive.org/web/20081006074416panasonic.net/history/corporate/chronicle/1927-01.html,">web.archive.org/web/20081006074416panasonic.net/history/corporate/chronicle/1927-01.html, October 6, 2008, In 1955, the company began branding audio speakers and lamps as ”PanaSonic” for markets outside of Japan. Further refined to Panasonic, taken from the words “pan” – meaning “all” – and “sonic” – meaning “sound”, the brand was created for the Americas because the National brand was already registered by others.WEB,panasonic.net/brand/history/, Brand History, June 3, 2012, Panasonic Corporation, dead,panasonic.net/brand/history/," title="web.archive.org/web/20120614033313panasonic.net/brand/history/,">web.archive.org/web/20120614033313panasonic.net/brand/history/, June 14, 2012, Panasonic also sold the first bread machine.See the case study of the breadmaker’s development, as an example of knowledge management and innovation, in Nonaka, I. and Takeuchi, H. (1995), The Knowledge-Creating Company, Oxford University Press.The company began to use the brand name {{Nihongo foot|“Technics“|テクニクス|Tekunikusu|group=lower-alpha}} in 1965 for audio equipment. The use of multiple brands lasted for some decades.WEB,www.panasonic.net/brand/history/, Brand History, Panasonic Corporation, October 2, 2008, dead,panasonic.net/brand/history/," title="web.archive.org/web/20081108061747panasonic.net/brand/history/,">web.archive.org/web/20081108061747panasonic.net/brand/history/, November 8, 2008, While National had been the premier brand on most Matsushita products, including audio and video, National and Panasonic were combined as National Panasonic in 1988 after the worldwide success of the Panasonic name.{{Citation needed|date=August 2022}}In 1974, Motorola sold its Quasar brand and facilities to Matsushita.NEWS,www.nytimes.com/1981/10/16/business/the-japanese-way-at-quasar.html?pagewanted=all, The Japanese Way at Quasar, Hayes, Thomas C., October 16, 1981, The New York Times, March 25, 2016, In May 2003, the company announced that Panasonic would become its global brand, and launched the global tagline “Panasonic ideas for life.” By March 2004, Matsushita replaced the National name for products and outdoor signboards, except for those in Japan.WEB,panasonic.co.jp/history/chronicle/2003-02.html, 社史:2003年(平成15年) グローバルブランドを「Panasonic」に統一, Panasonic Corporation, October 2, 2008, ja, They would eventually phase out the National brand in Japan by March 2010.WEB, October 1, 2008, Matsushita Electric to Change Name to Panasonic Corporation,panasonic.co.jp/corp/news/official.data/data.dir/en080110-6/en080110-6.html, October 3, 2008, Panasonic Corporation, In September 2013, the company adopted a new tagline to better illustrate their vision: “A Better Life, A Better World.“WEB,panasonic.co.jp/corp/news/official.data/data.dir/2013/09/en130904-2/en130904-2.html, Panasonic Establishes “A Better Life, A Better World” as its New Brand Slogan, Panasonic Corporation, November 27, 2013, The Chinese company Shun Hing Electric Works and Engineering Co. Ltd (信興電工工程有限公司) has sold imported Panasonic and National branded product under the brand name Rasonic since the Matsushita Electric Industrial era. They have also sold MEI and Panasonic products under their original brand names. In June 1994, Panasonic Shun Hing Industrial Devices Sales (Hong Kong) Co., Ltd. (松下信興機電(香港)有限公司) and Panasonic SH Industrial Sales (Shenzhen) Co., Ltd. (松下電器機電(深圳)有限公司) were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively,WEB,industrial.panasonic.com/ea/i_e/29085/psi_e/psi_e.html,industrial.panasonic.com/ea/i_e/29085/psi_e/psi_e.html," title="web.archive.org/web/20120517013631industrial.panasonic.com/ea/i_e/29085/psi_e/psi_e.html,">web.archive.org/web/20120517013631industrial.panasonic.com/ea/i_e/29085/psi_e/psi_e.html, dead, PSIDS (China (Guangdong), Hong Kong, Macau), May 17, 2012, WEB,industrial.panasonic.com/ea/i/29085/psi/psi.html, PSIDS(中国(广东),香港,澳门), December 30, 2016, dead,industrial.panasonic.com/ea/i/29085/psi/psi.html," title="web.archive.org/web/20140927100453industrial.panasonic.com/ea/i/29085/psi/psi.html,">web.archive.org/web/20140927100453industrial.panasonic.com/ea/i/29085/psi/psi.html, September 27, 2014, making Rasonic a product brand for MEI and subsequently the Panasonic Corporation.In September 2014, Panasonic announced the revival of the Technics brand, first in European markets in December of that year.WEB, 2024-04-17, Panasonic Confirms the Return of Technics Brand,audioxpress.com/news/Panasonic-Confirms-the-Return-of-Technics-Brand, 2024-05-16, audioXpress, en,

    History

    20th century

    (File:Panasonic, IFA 2018, Berlin (P1070160).jpg|thumb|National TV set from 1952)Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets.MAGAZINE,investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=PCRFF:US,investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=PCRFF:US," title="archive.today/20120711014901investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=PCRFF:US,">archive.today/20120711014901investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=PCRFF:US, dead, July 11, 2012, Panasonic Corp (PCRFF:OTC US), Bloomberg Businessweek, March 14, 2012, In the 1920s, Matsushita began regularly launching products. In 1927, he produced a line of bicycle lamps that were the first to be marketed with the National brand name.BOOK,books.google.com/books?id=aoF-CwAAQBAJ&q=1927+panasonic+bicycle+lamps+named+National&pg=PA175, Multinational Management: A Casebook on Asia’s Global Market Leaders, Segers, Rien, January 29, 2016, Springer, 9783319230122, en, During World War II, the company operated factories in Japan and other parts of Asia which produced electrical components and appliances such as light fixtures, motors, electric irons, wireless equipment and its first vacuum tubes.WEB,panasonic.net/history/museum/product/product02.html, Products on Display, July 16, 2015, dead,panasonic.net/history/museum/product/product02.html," title="web.archive.org/web/20150205044745panasonic.net/history/museum/product/product02.html,">web.archive.org/web/20150205044745panasonic.net/history/museum/product/product02.html, February 5, 2015, After the war, the Matsushita group, largely having been split into MEI and MEW by the dissolution imposed by the occupation force, imperfectly regrouped as a Keiretsu and began to supply the post-war boom in Japan with radios and appliances, as well as bicycles. Matsushita’s brother-in-law, Toshio Iue, founded Sanyo as a subcontractor for components after World War II. Sanyo grew to become a competitor to Matsushita, but was later acquired by Panasonic in December 2009.WEB, Eric, Loveday, Green Car Reports,www.greencarreports.com/news/1039758_panasonic-approved-for-4-6-billion-to-acquire-sanyo-to-become-worlds-largest-li-ion-battery-maker, Panasonic Approved For $4.6 Billion To Acquire Sanyo, To Become World’s Largest Li-Ion Battery Maker, December 8, 2009, March 10, 2017, In 1961, Matsushita traveled to the United States and met American dealers. The company began producing television sets for the U.S. market under the Panasonic brand name, and expanded the use of the brand to Europe in 1979.Panasonic expands use of Panasonic brand name globally in April 2003. /* Introduction */ Shahid Kapoor was the brand ambassador for Panasonic India from 2005 to 2010. Now Ranbir Kapoor has taken over along with Katrina Kaif. {{webarchive|url=https://web.archive.org/web/20080622183647panasonic.co.jp/corp/news/official.data/data.dir/en030422-4/en030422-4.html|date=June 22, 2008}}.Its plant in 1963 produced eight TV sets per minute, accounting for 21.8% of Japan’s production of cathode ray tube television sets at the time, the largest share out of any company.WEB, June 1, 1963, 8 TV SETS IN 60 SECONDS,eresources.nlb.gov.sg/newspapers/digitised/article/straitstimes19630601-1.2.158.4, August 10, 2023, The Straits Times (retrieved from NLB), The company used the National brand outside North America from the 1950s to the 1970s (the trademark could not be used in the United States because it was already in use).WEB, Suthakar, K., The man behind Panasonic – Tech News {{!, The Star Online |url=https://www.thestar.com.my/tech/tech-news/2018/04/02/the-man-behind-panasonic/ |archive-url=https://web.archive.org/web/20190105043010www.thestar.com.my/tech/tech-news/2018/04/02/the-man-behind-panasonic/ |archive-date=January 5, 2019 |access-date=January 4, 2019 |website=www.thestar.com.my}} The inability to use the National brand name led to the creation of the Panasonic brand in the United States. Over the next several decades, Matsushita released additional products, including black and white TVs (1952), electrical blenders, fridges (1953), rice cookers (1959), color TVs, and microwave ovens (1966).The company debuted a high-fidelity audio speaker in Japan in 1965 with the brand Technics. This line of high quality stereo components became a worldwide favorite, the most famous products being its turntables, such as the SL-1200 record player, known for its high-performance, precision and durability. Throughout the 1970s and early 1980s, Matsushita continued to produce high-quality specialized electronics for niche markets, such as shortwave radios, and developed its successful line of stereo receivers, CD players and other components.NEWS, 1970-01-19, Matsushita Says Its Goal Is Abundance,www.nytimes.com/1970/01/19/archives/matsushita-says-its-goal-is-abundance.html, 2024-05-16, The New York Times, en-US, 0362-4331, In 1968, Matsushita began to make rotary compressors for air conditioners, and, in 1971, it began to make absorption chillers, also for air-conditioning applications.In 1972, Matsushita established its first overseas factory, in Malaysia.In 1973, Matsushita established “Anam National”, joint venture with Anam Group in South Korea.In 1983, Matsushita launched the Panasonic Senior Partner, the first fully IBM PC compatible Japanese-made computer.WEB,www.old-computers.com/museum/computer.asp?st=1&c=498, Panasonic Senior Partner, August 26, 2011,www.old-computers.com/MUSEUM/computer.asp?st=1&c=498," title="web.archive.org/web/20100612065031www.old-computers.com/MUSEUM/computer.asp?st=1&c=498,">web.archive.org/web/20100612065031www.old-computers.com/MUSEUM/computer.asp?st=1&c=498, June 12, 2010, dead, A year later, Panasonic released the Executive Partner, the first affordable portable computer with a plasma display.JOURNAL, Howitt, Doran, July 22, 1985,books.google.com/books?id=AS8EAAAAMBAJ&pg=PA22, Gas Plasma Price Breakthrough, InfoWorld, CW Communications, 7, 29, 21–22, Around this time the company also introduced inverter air conditioners.WEB,aircon.panasonic.com/introducing/history.html, History of Panasonic AC, aircon.panasonic.com, In 1984, Matsushita established the Panasoft software label, which published software for MSX computers from 1984 to 1989. The company also manufactured MSX computers of their own, such as Panasonic FS-A1.WEB,www.msx.org/wiki/Panasonic_FS-A1, Panasonic FS-A1 – MSX Wiki, In November 1990, Matsushita agreed to acquire an American media company, MCA Inc., the predecessor of both Universal Music Group and Universal Pictures, for US$6.59 billion. The acquisition was preceded by the takeover of Columbia Pictures by Sony, the arch rival of Matsushita.NEWS,articles.latimes.com/1990-11-26/news/mn-4086_1_mca-shareholders, It’s a Wrap: MCA Sold : Matsushita to Pay About $6.6 Billion, April 14, 2013, Los Angeles Times, November 26, 1990, NEWS,www.nytimes.com/1990/12/01/business/who-gets-what-from-mca-deal.html, Who Gets What From MCA Deal, April 14, 2013, The New York Times, December 1, 1990, At the time, Matsushita had dominated the home video market with the company’s leading position in the electronics market. It had been strengthened by VHS, the de facto standard of consumer videotape that Matsushita and JVC co-introduced. Inspired by Sony’s bold quest for Hollywood, Matsushita believed it could become a leader in the film industry as well. However, Matsushita subsequently sold 80% of MCA to Seagram Company for US$7 billion in April 1995, demoralized by the high volatility of the film industry.NEWS,www.nytimes.com/1995/04/07/business/seagram-heads-for-hollywood-seagram-will-buy-80-of-big-studio-from-matsushita.html, Seagram heads for Hollywood; Seagram will buy 80% of big studio from Matsushita, April 14, 2013, The New York Times, April 7, 1995, NEWS,www.nytimes.com/1996/08/28/business/matsushita-freed-of-mca-reports-a-profit.html, Matsushita, Freed of MCA, Reports a Profit, April 14, 2013, The New York Times, August 28, 1996, In 1992, Matsushita made the Panasonic FS-A1GT, the last model of the MSX turbo R computer.WEB,www.msx.org/wiki/Panasonic_FS-A1GT, Panasonic FS-A1GT – MSX Wiki, In 1993, Matsushita released the CF-V21P, the notebook computer to have an integrated CD-ROM drive as an option (although only up to 3.5-inch-diameter mini CDs instead of standard 4.7-inch-diameter discs).JOURNAL, Anthony, Robert S., January 24, 1995,books.google.com/books?id=AghQgqwUzgUC&pg=PA111, Color Portables: Power to Go, PC Magazine, Ziff-Davis, 14, 2, 108–181, Google Books, {{rp|111}}In 1998, Matsushita sold Anam National to Anam Electronics.

    2000 to present

    On May 2, 2002, Panasonic Canada marked its 35th anniversary in that country by giving $5 million to help build a “music city” on Toronto’s waterfront.NEWS, Adams, James, May 2, 2002, Panasonic donates $5-million to music city,www.theglobeandmail.com/news/national/panasonic-donates-5-million-to-music-city/article4134519/, Globe & Mail,web.archive.org/web/20200417065437/https://www.theglobeandmail.com/news/national/panasonic-donates-5-million-to-music-city/article4134519/, April 17, 2020, live, In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Matsushita and Toshiba created in 2002WEB,www.theengineer.co.uk/consolidating-crts/, Consolidating CRTs, System, Administrator, October 13, 2002, January 8, 2020, August 10, 2020,web.archive.org/web/20200810162529/https://www.theengineer.co.uk/consolidating-crts/, dead, ) stopped production of CRTs at its factory in Horseheads, New York.WEB,amp.smh.com.au/technology/lg-samsung-try-to-save-the-crt-20050819-gdlwh2.html, LG, Samsung try to save the CRT, A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.WEB,www.networkworld.com/article/2305303/panasonic-toshiba-venture-to-shut-malaysia-crt-plant.html, Panasonic-Toshiba venture to shut Malaysia CRT plant, Martyn, Williams, July 27, 2006, Network World, WEB,www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html, Panasonic-Toshiba Venture to Shutter Malaysia CRT Plant, C. I. O., Staff, July 27, 2006, CIO, January 8, 2020, October 21, 2020,web.archive.org/web/20201021052759/https://www.cio.com/article/2445309/panasonic-toshiba-venture-to-shutter-malaysia-crt-plant.html, dead, WEB,www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html, Hitachi, Matsushita, Toshiba cement LCD venture plan | ITworld, www.itworld.com, January 4, 2020, May 13, 2020,web.archive.org/web/20200513103100/https://www.itworld.com/article/2811895/hitachi--matsushita--toshiba-cement-lcd-venture-plan.amp.html, dead, In 2007, it bought the venture from Toshiba, eventually ending all production.NEWS,www.reuters.com/article/matsushita-toshiba-display-idUKT17170920070330, UPDATE 1-Matsushita buys stake in CRT venture from Toshiba, Reuters, March 30, 2007, mobile.reuters.com, On January 19, 2006, Matsushita announced that it would stop producing analog televisions (then 30% of its total TV business) from the next month, to concentrate on digital televisions.WEB, Perton, Marc,www.engadget.com/2006/01/19/panasonic-exiting-analog-tv-business/, Panasonic exiting analog TV business, Engadget, January 19, 2006, July 1, 2009, In 2008, all models of electric shavers from the Panasonic factory were called Panasonic shavers, and they dropped Matsushita and National from their name.In late 2006, Matsushita began talks with Kenwood Corporation to sell and spin off JVC.WEB, Eki, Yoshinori, Ujikane, Keiko, Matsushita Says No Decision on Sale of Victor Shares to Kenwood,www.bloomberg.com/apps/news?pid=20601101&refer=japan&sid=a.FYoVTCPXMY, Bloomberg News,web.archive.org/web/20070930075953/https://www.bloomberg.com/apps/news?pid=20601101&refer=japan&sid=a.FYoVTCPXMY, September 30, 2007, December 23, 2007, dead, As of October 1, 2008, JVC and Kenwood merged to create the JVCKenwood Corporation.WEB, Notice of the Establishment of JVC KENWOOD Holdings, Inc.,www.jvckenwood.com/en/press/2008/10/press_081001.pdf,www.jvckenwood.com/en/press/2008/10/press_081001.pdf," title="web.archive.org/web/20160911224809www.jvckenwood.com/en/press/2008/10/press_081001.pdf,">web.archive.org/web/20160911224809www.jvckenwood.com/en/press/2008/10/press_081001.pdf, September 11, 2016, live, www.jvckenwood.com, August 4, 2015, On November 3, 2008, Panasonic and Sanyo announced that they were holding merger talks, which eventually resulted in the acquisition of Sanyo by Panasonic.NEWS,news.bbc.co.uk/1/hi/business/7714994.stm, Panasonic aims to take over Sanyo, BBC News, November 7, 2008, December 16, 2012, NEWS,news.bbc.co.uk/1/hi/business/7791292.stm, Panasonic set to buy rival Sanyo, December 16, 2012, BBC News, December 19, 2008, The merger was completed in December 2009, and resulted in a corporation with revenues of over Â¥11.2 trillion (around $110 billion).WEB,techcrunch.com/2009/12/22/panasonic-officially-owns-sanyo-and-boasts-the-worlds-largest-plasma-panel-plant-now/, Panasonic officially owns Sanyo and boasts the world’s largest plasma panel plant now, Tech Crunch, December 22, 2009, With the announcement that Pioneer would exit the production of its Kuro plasma HDTV displays, Panasonic purchased many of the patents and incorporated these technologies into its own plasma displays.In April 2011, it was announced that Panasonic would cut its work force by 40,000 by the end of fiscal 2012 in a bid to streamline overlapping operations. The curtailment is about 10 percent of its group work force.WEB,www.thejakartapost.com/news/2011/04/28/reports-panasonic-cut-40000-jobs.html, Reports: Panasonic to cut 40,000 jobs, The Jakarta Post, April 28, 2011, May 26, 2012, dead,www.thejakartapost.com/news/2011/04/28/reports-panasonic-cut-40000-jobs.html," title="web.archive.org/web/20120725104003www.thejakartapost.com/news/2011/04/28/reports-panasonic-cut-40000-jobs.html,">web.archive.org/web/20120725104003www.thejakartapost.com/news/2011/04/28/reports-panasonic-cut-40000-jobs.html, July 25, 2012, In October 2011, Panasonic announced that it was going to trim its money-losing TV business by ceasing production of plasma TVs at its plant in Amagasaki, Hyogo Prefecture by March 2012, cutting 1,000 jobs in the process.NEWS,www.japantoday.com/category/business/view/panasonic-to-trim-tv-business-cut-1000-jobs, Panasonic to trim TV business, cut 1,000 jobs ” Japan Today: Japan News and Discussion, Japan Today, October 20, 2011, May 26, 2012, Also, it sold some of Sanyo’s home appliances business to Haier.WEB, Haier, Sanyo sign merger agreement – People’s Daily Online,en.people.cn/90778/7620716.html, July 25, 2020, en.people.cn, August 6, 2020,en.people.cn/90778/7620716.html," title="web.archive.org/web/20200806032430en.people.cn/90778/7620716.html,">web.archive.org/web/20200806032430en.people.cn/90778/7620716.html, dead, In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV.Junko Yoshida, EE Times. “3-D TV or Myspace TV?.” January 10, 2012. Retrieved January 10, 2012. Myspace TV would allow users to watch live television while chatting with other users on a laptop, tablet or the television itself. With the partnership, Myspace TV would be integrated into Panasonic Viera televisions.NEWS,venturebeat.com/2012/01/09/myspace-tv-panasonic/, Myspace reinvents itself as an “entertainment experience,” with help from Panasonic and Justin Timberlake, Dylan Tweney, VentureBeat, January 9, 2012, February 23, 2012, On May 11, 2012, Panasonic announced plans to acquire a 76.2% stake in FirePro Systems, an India-based company in infrastructure protection and security solutions such as fire alarm, fire suppression, video surveillance and building management.NEWS,economictimes.indiatimes.com/news/news-by-industry/cons-products/electronics/panasonic-acquires-76-stake-in-firepro-systems/articleshow/13094230.cms, Panasonic acquires 76% stake in Firepro-Systems, Times of India, May 11, 2012, May 26, 2012, In April 2012, Panasonic spun off Sanyo DI Solutions, a digital camera OEM.WEB,www.engadget.com/2012-04-25-panasonic-spins-off-sanyo-di-solutions.html, Panasonic spins off Sanyo DI Solutions, keeps the digital camera OEMs happy, Engadget, July 19, 2019, In line with company prediction of a net loss of 765 billion yen, on November 5, 2012, the shares fell to the lowest level since February 1975 to 388 yen. In 2012, the shares plunged 41 per cent.WEB,www.bloomberg.com/news/2012-11-05/panasonic-falls-to-37-year-low-on-wider-loss-target-tokyo-mover.html, Panasonic Falls to 37-Year Low on Wider Loss Target, Bloomberg News, November 5, 2012, On November 14, 2012, Panasonic said it would cut 10,000 jobs and make further divestments.NEWS,www.reuters.com/article/us-panasonic-cfo-idUSBRE8AD0D120121114, Panasonic prepares for ‘garage sale’, to axe 10,000 jobs, Reuters, November 14, 2012, On May 18, 2013, Panasonic announced that it would invest $US40 million in building a factory in Binh Duong, Vietnam, which was completed in 2014.WEB,investvine.com/big-names-ready-to-enter-vietnam/, Big names ready to enter Vietnam, Arno, Maierbrugger, Inside Investor, May 18, 2013, June 30, 2013, In July 2013, Panasonic agreed to acquire a 13% stake in the Slovenian household appliance manufacturer Gorenje for around €10 million.NEWS,www.reuters.com/article/us-panasonic-gorenje-idUSBRE9640E320130705, Panasonic to buy stake in Slovenia’s Gorenje, Marja Novak, Reuters, July 5, 2013, That same month, Panasonic signed an agreement with Sony Corporation to develop Archival Disc, described as an optical disc format for long-term data archival purposes.PRESS RELEASE,www.sony.net/SonyInfo/News/Press/201307/13-0729E/index.html, Sony and Panasonic sign basic agreement to jointly develop standard for professional-use next-generation optical discs, Sony Corporation, July 29, 2013, March 21, 2014, In a press release following its announcement at IFA 2013, Panasonic announced that it had acquired the “Cameramanager video surveillance service” with the intention of expanding its reach to cloud-based solutions.WEB, Panasonic Europe Announce New Operating Company to Expand New Cloud Video Surveillance Service at IFA 2013,business.panasonic.co.uk/professional-camera/press-and-events/panasonic-europe-announce-new-operating-company-to-expand-new-cloud-video-surveillance-service, Panasonic Business, Panasonic UK & Ireland, June 11, 2014,business.panasonic.co.uk/professional-camera/press-and-events/panasonic-europe-announce-new-operating-company-to-expand-new-cloud-video-surveillance-service," title="web.archive.org/web/20140714163119business.panasonic.co.uk/professional-camera/press-and-events/panasonic-europe-announce-new-operating-company-to-expand-new-cloud-video-surveillance-service,">web.archive.org/web/20140714163119business.panasonic.co.uk/professional-camera/press-and-events/panasonic-europe-announce-new-operating-company-to-expand-new-cloud-video-surveillance-service, July 14, 2014, dead, In 2014, Panasonic Healthcare was bought by KKR. Panasonic Healthcare was renamed PHC in April 2018.WEB, Densford, Fink, 2018-04-02, Panasonic rebrands healthcare biz to PHC Holdings,www.massdevice.com/panasonic-rebrands-healthcare-biz-to-phc-holdings/, 2024-05-17, MassDevice, en-US, In July 2014, it was announced that Panasonic has reached a basic agreement with Tesla Motors to participate in the Gigafactory, the battery plant that the American electric vehicle manufacturer plans to build in the U.S.NEWS,asia.nikkei.com/Business/Deals/Panasonic-Tesla-agree-to-partnership-for-US-car-battery-plant, Panasonic, Tesla agree to partnership for US car battery plant, Nihon Keizai Shimbun, Nikkei Inc, July 29, 2014, August 1, 2014, dead,asia.nikkei.com/Business/Deals/Panasonic-Tesla-agree-to-partnership-for-US-car-battery-plant," title="web.archive.org/web/20140731192257asia.nikkei.com/Business/Deals/Panasonic-Tesla-agree-to-partnership-for-US-car-battery-plant,">web.archive.org/web/20140731192257asia.nikkei.com/Business/Deals/Panasonic-Tesla-agree-to-partnership-for-US-car-battery-plant, July 31, 2014, In August 2014, Tesla said the plant would be built in the Southwest or Western United States by 2020. The $US5 billion plant would employ 6,500 people, and reduce Tesla’s battery costs by 30 per cent. The company said it was looking at potential sites in Nevada, Arizona, Texas, New Mexico and California.NEWS, Gigafactory battery plant planned by Tesla in tie-up with Panasonic,www.sandiegonews.net/index.php/sid/224312611/scat/3a8a80d6f705f8cc/ht/Gigafactory-battery-plant-planned-by-Tesla-in-tie-up-with-Panasonic, August 1, 2014, San Diego News.Net,www.sandiegonews.net/index.php/sid/224312611/scat/3a8a80d6f705f8cc/ht/Gigafactory-battery-plant-planned-by-Tesla-in-tie-up-with-Panasonic," title="web.archive.org/web/20140808061515www.sandiegonews.net/index.php/sid/224312611/scat/3a8a80d6f705f8cc/ht/Gigafactory-battery-plant-planned-by-Tesla-in-tie-up-with-Panasonic,">web.archive.org/web/20140808061515www.sandiegonews.net/index.php/sid/224312611/scat/3a8a80d6f705f8cc/ht/Gigafactory-battery-plant-planned-by-Tesla-in-tie-up-with-Panasonic, August 8, 2014, dead, In October 2014, Panasonic announced its initial investment in Tesla Motors’ battery factory would amount to “tens of billions” of yen, according to the firm’s CEO.Panasonic says initial investment in Tesla battery factory will be ‘tens of billions’ of yen. Reuters, October 6, 2014In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores.By Anothony Ha, TechCrunch. “Panasonic Partners With Photon To Build Smarter Signs In Stores.” November 16, 2014. November 17, 2014.In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong.Ritsuko Ando and Lisa Twaronite, Reuters. “Panasonic withdraws from TV production in China: source.” January 31, 2015. February 10, 2015.In March 2015, Panasonic announced plans to buy US satellite communication service provider ITC Global.By Takashi Mochizuki, Wall Street JournalPanasonic to Buy Houston-Based ITC Global.” March 16, 2015. April 6, 2015.In April 2015, Panasonic announced its new range of products and relaunched its brand in South Africa. The company intends to use South Africa as a springboard into Africa, with Nigeria and Egypt as its initial targets.BizCommunity.com. “Panasonic...big plans for Africa and SA.” April 21, 2015. April 21, 2015.In June 2015, Panasonic reached agreements with three Australian energy utilities (Red Energy, Ergon Energy and ActewAGL) to trial its home-based battery storage options.Giles Parkinson, Renew Economy. “Panasonic signs battery storage deal with 3 Australian utilities.” June 2, 2015. June 3, 2015.In November 2015, Panasonic announced that it set up a new plant in Suzhou, China, through its subsidiary, Panasonic Ecology Systems Co., Ltd, to produce a new type of catalyst-coated diesel particulate filter (DPF) that decomposes matter contained in diesel engine exhaust gas.WEB, Moaref, Hamid, 2015-11-17, Panasonic to Begin Producing Catalyst-coated Diesel Particulate Filter in China,tiresandparts.net/news/parts/panasonic-to-begin-producing-catalyst-coated-diesel-particulate-filter-in-china/, 2024-05-17, Tires & Parts News, en-US, In November 2015, Panasonic starts to retail locally harvested produce from its indoor agriculture facility salads via Veggie Life branding in Singapore, from the first licensed indoor vegetable farm in the country using Panasonic’s own technology.WEB,news.panasonic.com/global/stories/2015/44449.html, Panasonic Indoor Vegetable Farm Offers More Opportunities for Farm-To-Table Experience, January 27, 2016, Panasonic, In February 2016, Panasonic and the City of Denver formed a formal partnership to make Denver the “smartest” city in the US. Joseph M. Taylor, chairman and CEO of Panasonic Corp. of America, laid out the plans for the partnership in four key areas: smart housing and small offices, energy and utilities, transportation and city services and smart buildings.Meghan Ottolini, CRN. “Panasonic Partners to Make Denver The Smartest City in America.” February 18, 2016. February 18, 2016.Due to increased competition from China, Panasonic’s Li-ion automotive market share decreased from 47% in 2014 to 34% in 2015.“Nissan’s battery pullout may energize rivalsNikkei, August 6, 2016. In June 2016, Tesla announced that Panasonic would be the exclusive supplier of batteries for its mass market vehicle Model 3. Batteries for the higher-end Model S sedan and Model X SUV will also be supplied by Panasonic.Zacks Equity Research, Zacks. “Tesla Says Panasonic Exclusive Supplier of Model 3 Batteries.” June 9, 2016. June 9, 2016. In early 2016, Panasonic president Kazuhiro Tsuga confirmed a planned total investment of about $1.6 billion by the company to construct Gigafactory to full capacity.{{citation| url =www.wsj.com/articles/panasonic-will-bet-big-on-gigafactory-1452189826| title = Panasonic Will Bet Big on Gigafactory| first =Mike| last = Ramsey| date = January 7, 2016 | work = The Wall Street Journal }} However, after the number of Model 3 reservations became known in April,WEB,www.theverge.com/2016/7/28/12299202/tesla-model-3-gigafactory-tour-elon-musk-photos-nevada, Tesla’s entire future depends on the Gigafactory, Golson, Jordan, July 28, 2016, The Verge, August 8, 2016, Panasonic moved production plans forward and announced a bond sale for $US3.86 billion, most of it to be invested in Gigafactory.WEB,finance.yahoo.com/news/panasonic-raise-3-9-billion-091120222.html, Panasonic to raise $3.9 billion, partly to finance Tesla plant investment, finance.yahoo.com, July 29, 2016, In 2016, Panasonic debuted a transparent TV.WEB,www.yahoo.com/tech/this-is-an-invisible-tv-really-181044827.html, Panasonic releases transparent tv, October 7, 2016, October 8, 2016, In January 2016, Panasonic bought Bayer’s diabetes care business for $1 billion.WEB, Densford, Fink, 2018-04-02, Panasonic rebrands healthcare biz to PHC Holdings,www.massdevice.com/panasonic-rebrands-healthcare-biz-to-phc-holdings/, 2024-05-17, MassDevice, en-US, In July 2016, Panasonic unveiled its interest in making acquisitions in the artificial intelligence (AI) and machine learning space. According to a source, the company has put aside $US10 million for use in either an acquisition or joint venture.WEB, Costello, Steve, 2016-07-06, Panasonic looks to AI acquisitions with $10M fund,www.mobileworldlive.com/devices/news-devices/panasonic-looks-to-ai-for-device-differentiation/, 2024-05-17, Mobile World Live, en-GB, In August 2018, the company announced, to avoid potential tax issues, Panasonic would move its European headquarters from the UK to Amsterdam in October as Brexit approaches.NEWS,www.bbc.co.uk/news/business-45351288, Panasonic to move Europe HQ out of UK, August 30, 2018, BBC News, August 30, 2018, NEWS,www.telegraph.co.uk/business/2018/08/30/panasonic-move-european-hq-london-netherlands-brexit-concerns/,ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/business/2018/08/30/panasonic-move-european-hq-london-netherlands-brexit-concerns/, January 11, 2022, subscription, live, Panasonic to move European HQ in London to Netherlands over Brexit concerns, August 30, 2018, The Telegraph, August 30, 2018, 0307-1235, {{cbignore}}File:Panasonic.Lumix.S1R.50f1.4.jpg|thumb|Panasonic Lumix S1R with prime lens 50 mm f/1.4 at PhotokinaPhotokinaOn September 25, 2018, Panasonic became one of the founding members of the L-Mount Alliance, and announced two full-frame mirrorless cameras and a range of L-Mount lenses to be launched in 2019.WEB,www.businesswire.com/news/home/20180925005345/en/Panasonic-Develops-Models-Full-Frame-Mirrorless-Camera, Panasonic Develops Two Models of Its First Full-Frame Mirrorless Camera, September 25, 2018, Business Wire, en, December 28, 2018, The 47-megapixel Panasonic Lumix S1R and the 24-megapixel Panasonic Lumix S1 will be the first full-frame mirrorless cameras produced by Panasonic and will offer the Lumix Pro support service for professional photographers. These cameras will also be equipped with Dual Image Stabilization technology to help photographers when shooting in low-light.WEB,www.digitalcameraworld.com/news/panasonic-lumix-s1r-an-lumix-s-full-frame-mirrorless-cameras-revealed, Panasonic Lumix S1R and Lumix S full-frame mirrorless cameras revealed, Chacksfield, Marc, Digital Camera World, September 27, 2018, en, December 28, 2018, In 2019, Panasonic sold its semiconductors and security systems (security camera) businesses.WEB, November 28, 2019, Panasonic to sell loss-making chip business to Taiwanese firm: source,www.japantimes.co.jp/news/2019/11/28/business/corporate-business/panasonic-sell-loss-making-chip-business-taiwanese-firm-source/, July 25, 2020, The Japan Times, en-US, WEB,asia.nikkei.com/Business/Companies/Panasonic-to-spin-off-security-camera-business-as-costs-weigh, Panasonic to spin off security camera business as costs weigh, Nikkei Asian Review, May 31, 2019, Itsuro, Fujino, WEB,www.dealstreetasia.com/stories/polaris-capital-panasonic-138745, Japan’s Polaris Capital to acquire 80% stake in Panasonic’s spinoff business, DealStreetAsia, Mars W. Jr., Mosqueda, June 4, 2019, The company also decided to completely exit from the liquid-crystal display panel business by 2021, marking the end of its display production, to focus its resources on the automotive and industrial businesses. Panasonic’s LCD plant in Himeji, Hyogo will be overhauled to manufacture automotive batteries.WEB, Shilov, Anton, Panasonic to Cease LCD Production by 2021,www.anandtech.com/show/15157/panasonic-to-cease-lcd-production-by-2021, September 4, 2020, AnandTech, November 26, 2019, In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals Fuji Electric, Sanden and Glory.WEB,asia.nikkei.com/Business/Companies/Panasonic-exits-vending-machines-as-market-shrinks, Panasonic exits vending machines as market shrinks, Nikkei Asian Review, February 29, 2020, Hisashi, Iwato, WEB,www.jvma.or.jp/search/, 会員検索(正会員)| インフォメーション館 | よくあるご質問, www.jvma.or.jp, WEB,corporate.glory-global.com/groupinfo/at_a_glance/, GLORY at a Glance, GLORY Group, Meanwhile, Panasonic has made an investment to take a 20% stake in Blue Yonder, the supply-chain management software company previously known as JDA Software, deepening the integration of the former’s industrial connected technology and the latter’s products that has been under way since a year ago.NEWS, Smith, Jennifer, May 20, 2020, Panasonic Takes 20% Stake in Blue Yonder, en-US, The Wall Street Journal,www.wsj.com/articles/panasonic-takes-20-stake-in-blue-yonder-11589991586, October 7, 2020, 0099-9660, On November 19, 2020, Panasonic announced a restructuring set to be completed by 2022 in which the company spins off the domain companies as wholly owned subsidiaries while transforming itself into the holding company named Panasonic Holdings Corporation.WEB, Panasonic Transitions to a Holding Company System {{!, Headquarters News|url=http://news.panasonic.com/global/press/data/2020/11/en201113-3/en201113-3.html|access-date=November 19, 2020|website=Panasonic Newsroom Global|language=en}} Panasonic’s plans are similar to that of its competitor, Sony, did on April 1, 2021, when Sony Corporation became Sony Group Corporation.In January 2021, the company announced that it would end its solar panel production.NEWS, Mari, Saito, Raju, Goplakrishnan, January 31, 2021, Japan’s Panasonic to end solar panel production – domestic media, en, Reuters, Tokyo,www.reuters.com/world/china/japans-panasonic-end-solar-panel-production-domestic-media-2021-01-31/, January 18, 2023, {{Why|date=December 2023}}In March 2021, it was reported that Panasonic will buy Blue Yonder for $US6.45 billion after buying a 20% stake in Blue Yonder for 86 billion yen in 2020. This deal is considered one of the biggest since 2011.NEWS, Takashi, Umekawa, Tim, Kelly, Louise, Heavens, Mark, Potter, March 8, 2021, Panasonic to buy Blue Yonder for $6.5 billion in biggest deal since 2011: Nikkei, en, Reuters, Tokyo,www.reuters.com/article/us-blueyonder-m-a-panasonic-idUSKBN2B00UU, January 18, 2023, In June 2021, it was reported that Panasonic sold its entire stake in Tesla for $US3.6 billion.WEB, Inagaki, Kana, June 25, 2021, Panasonic offloads Tesla stake for $3.6bn,www.ft.com/content/8862a466-d157-4395-8f73-0f3efcb09a26,ghostarchive.org/archive/20221210/https://www.ft.com/content/8862a466-d157-4395-8f73-0f3efcb09a26, December 10, 2022, subscription, July 4, 2021, Financial Times, In August 2022, it was reported that the company, which is a supplier to Tesla, was in discussions to build a new electric vehicle battery plant in the US, with Oklahoma named as a leading contender. This would be on top of the plant planned for Kansas. Each would have similar capacity.NEWS, Elliott, River Davis and Rebecca, August 26, 2022, WSJ News Exclusive {{!, Tesla Supplier Panasonic Plans Additional $4 Billion EV Battery Plant in U.S. |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/tesla-supplier-panasonic-plans-additional-4-billion-ev-battery-plant-in-u-s-11661495847 |access-date=August 26, 2022 |issn=0099-9660}}In the first half of 2022, Panasonic is ranked fourth in the world with a market share of 10 per cent according to SNE research.WEB, 2022 1H Global[1] EV & Battery Performance Review,www.sneresearch.com/en/insight/release_view/34/page/0, SNE research, October 1, 2022, Construction of the battery plant in Kansas began in November 2022.WEB,www.theverge.com/2022/11/2/23437072/panasonic-kansas-ev-battery-factory-tesla-2170, Panasonic breaks ground on $4 billion EV battery plant in Kansas, Andrew J., Hawkins, November 2, 2022, The Verge,

    Current operations

    As of March 31, 2012, Panasonic employed about 330,000 staff (reduced to around 260,000 by March 2020) and had around 580 subsidiaries.WEB,panasonic.net/ir/annual/2012/pdf/panasonic_ar2012_e.pdf, Annual Report for the year ended March 31, 2012, April 27, 2013, Panasonic, dead,www.panasonic.net/ir/annual/2012/pdf/panasonic_ar2012_e.pdf," title="web.archive.org/web/20130522163213www.panasonic.net/ir/annual/2012/pdf/panasonic_ar2012_e.pdf,">web.archive.org/web/20130522163213www.panasonic.net/ir/annual/2012/pdf/panasonic_ar2012_e.pdf, May 22, 2013, Panasonic had total revenues of {{JPY|7,846,216 million}} in 2012, of which 53 percent were generated in Japan, 25 per cent in Asia (excluding Japan), 12 per cent in the Americas and 10 per cent in Europe. The company invested a total of {{JPY|520,216 million}} in research and development in 2012, equivalent to 6.6 percent of its revenues in that year.In 2012, Panasonic held a total of 140,146 patents worldwide. Panasonic was the world’s top patent applicant for three decades, from the 1980s to the 2000s.WEB, 2015, World Intellectual Property Indicators,www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2015.pdf,www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2015.pdf," title="web.archive.org/web/20160122141620www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2015.pdf,">web.archive.org/web/20160122141620www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2015.pdf, January 22, 2016, live, July 8, 2019, World Intellectual Property Indicators, World Intellectual Property Organization, According to a research conducted by the European Patent Office in 2020, the number of battery-related patents having been filed by Panasonic from 2000 to 2018 was the second-highest in the world.NEWS, September 28, 2020, Japan leads battery tech race with third of patent filings, FT, In 2021, the WIPO’s annual review of the World Intellectual Property Indicators report ranked Panasonic’s number of patent applications published under the PCT System as 10th in the world, with 1,611 patent applications being published during 2020.WEB, World Intellectual Property Indicators 2021,www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2021.pdf,web.archive.org/web/20211108113717/https://www.wipo.int/edocs/pubdocs/en/wipo_pub_941_2021.pdf, November 8, 2021, live, November 30, 2021, WIPO, This position is up from their previous ranking as 12th in 2019 with 1,567 applications.BOOK, World Intellectual Property Organization,www.wipo.int/publications/en/details.jsp?id=4526, World Intellectual Property Indicators 2020, World Intellectual Property Organization (WIPO), 2020, 9789280532012, World IP Indicators (WIPI), en, 10.34667/tind.42184, August 26, 2021, {{gallery
    The Panasonic Center in Tokyo, JapanThe Panasonic IMP Building in Osaka, JapanThe Panasonic R&D facility at Yokosuka Research Park, JapanPanasonic Philippines Manufacturing Corporation Taytay Rizal|title=}}As of July 2020, Panasonic’s operations are organised into seven “domain companies”: Appliances, Life Solutions, Connected Solutions, Automotive, Industrial Solutions, and two overseas branches overseeing the businesses in the United States and Asia. Each of these companies may comprise multiple subsidiaries conducting actual operations.WEB, FY 2021 Q1 Financial Results,www.panasonic.com/global/corporate/ir/pdf/2020_1q/1q_financial_results_e.pdf,web.archive.org/web/20201009184100/https://www.panasonic.com/global/corporate/ir/pdf/2020_1q/1q_financial_results_e.pdf, October 9, 2020, live, Panasonic,

    Life Solutions

    Panasonic Homes

    Panasonic Homes (formerly PanaHome) was a Japanese real estate and construction company and a subsidiary of Life Solutions Company, Panasonic, founded as the housing unit of Matsushita Electric Works in 1963.WEB, Corporate Information – Panasonic Homes Co., Ltd. – Panasonic,homes.panasonic.com/english/information/, July 25, 2020, homes.panasonic.com, In recent years, Panasonic Homes has been involved in developing smart cities. In 2019, it was announced that Toyota and Panasonic would initiate a process to merge their housing businesses, Toyota Housing and Misawa Homes from the former and Panasonic Homes of the latter, into a joint venture scheduled to be established in January 2020 and co-controlled by the two parties, named Prime Life Technologies Corporation.WEB, CORPORATION, TOYOTA MOTOR, Panasonic and Toyota Confirm Location and Executive Structure of Town Development Joint Venture {{!, Corporate {{!}} Global Newsroom|url=https://global.toyota/en/newsroom/corporate/30919382.html|access-date=October 8, 2020|website=Toyota Motor Corporation Official Global Website|language=en}}

    Connected Solutions

    Panasonic Avionics Corporation

    Panasonic Avionics Corporation (PAC), a subsidiary of Panasonic Corporation of North America and a unit of Connected Solutions Company, Panasonic, is a supplier of in-flight entertainment (IFE) and communication systems.WEB, Home,www.panasonic.aero/, www.panasonic.aero, Headquartered in Lake Forest, California where engineering, development and testing is performed while system installation, field engineering, major quality functions, certification and program management are performed at the Bothell, Washington facility – Panasonic Avionics Corporation employs approximately 3,300 employees based in over 70 locations worldwide, with major facilities in London, Toulouse, Hamburg, Dallas, Dubai, and Singapore.{{citation needed|date=April 2013}} A majority of the component manufacturing is carried out in Osaka, Japan.In February 2017, Panasonic reported that the subsidiary was being investigated by American authorities under the FCPA.NEWS, February 2, 2017, Panasonic says its avionics business being probed by U.S. authorities, Reuters,www.reuters.com/article/us-panasonic-probe-idUSKBN15H0OH, February 2, 2017,

    Panasonic Mobile Communications

    Panasonic Mobile Communications manufactures mobile phone handsets and related equipment. As of 2012, it had around a 20 percent share of the Japanese handset market.NEWS, February 21, 2012, Panasonic to launch waterproof Eluga phone, The Telegraph,www.telegraph.co.uk/technology/mobile-phones/9094824/Panasonic-to-launch-waterproof-Eluga-phone.html,ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/technology/mobile-phones/9094824/Panasonic-to-launch-waterproof-Eluga-phone.html, January 11, 2022, subscription, live, April 20, 2013, {{cbignore}} Panasonic used to market mobile phone handsets worldwide, but in December 2005 announced its withdrawal from overseas markets due to poor sales. Panasonic returned to the overseas market in 2012, with the release of the Panasonic Eluga Android-powered smartphone. In July 2013, Panasonic announced the company will not supply a new model of smartphone to NTT DoCoMo Inc., because NTT DoCoMo will focus with Sony and Samsung products. In Q2 2013, Panasonic Mobile Communications booked a 5.4 billion yen operating loss.NEWS, August 5, 2013, Panasonic to stop making new smartphones for NTT Docomo: Kyodo, Reuters,www.reuters.com/article/us-panasonic-nttdocomo-idUSBRE9740RX20130805, From July 2013 to January 2018, Panasonic India has released one more series of Android Smartphones Panasonic P Series, along with Eluga Series.

    Automotive

    Automotive Systems division

    Automotive Systems Business Division, Automotive Company, Panasonic, formerly Panasonic Automotive Systems (PAS),WEB, Outline – Automotive Company – Panasonic,www.panasonic.com/global/corporate/am/company.html, October 7, 2020, www.panasonic.com, en, is a subcontractor to most major auto manufacturers, supplying virtually every Japanese and American automaker along with many European automakers.In 2015, PAS had a revenue of $12.4 billion.WEB, June 21, 2016, Panasonic to jump-start US battery cell output for Tesla,asia.nikkei.com/Business/Companies/Panasonic-to-jump-start-US-battery-cell-output-for-Tesla, live,asia.nikkei.com/Business/Companies/Panasonic-to-jump-start-US-battery-cell-output-for-Tesla," title="web.archive.org/web/20160710105943asia.nikkei.com/Business/Companies/Panasonic-to-jump-start-US-battery-cell-output-for-Tesla,">web.archive.org/web/20160710105943asia.nikkei.com/Business/Companies/Panasonic-to-jump-start-US-battery-cell-output-for-Tesla, July 10, 2016, October 23, 2016, Nikkei Asian Review, Panasonic also purchased the assets of Sanyo Corporation in 2017.{{Citation needed|date=October 2020}}
    Panasonic also formerly manufactured aftermarket vehicle audio products such as head units and speakers.

    Giga Nevada

    Panasonic is the financial/technological partner of Tesla-owned Giga Nevada (Gigafactory 1) and has invested in the factory ever since the project’s conception;WEB, Osborne, Charlie, Panasonic to pour billions of yen in Tesla’s gigafactory as initial investment,www.zdnet.com/article/panasonic-to-pour-billions-of-yen-in-teslas-gigafactory-as-initial-investment/, October 7, 2020, ZDNet, en, in contrast to Tesla ever expanding its battery production to overseas, Panasonic has refrained from taking part in Tesla’s ventures elsewhere; aside from Giga Nevada, it has own sites in Japan from which it has served Tesla since before the completion of the Gigafactory.WEB, Lambert, Fred, October 2, 2017, Tesla’s battery partner Panasonic increases production in Japan for other automakers,electrek.co/2017/10/02/teslas-battery-partner-panasonic-increases-production-factory-japan-other-automakers/, October 7, 2020, Electrek, en-US,

    Prime Planet Energy and Solutions

    In 2020, Panasonic founded an electric vehicle battery joint venture with Toyota, named Prime Planet Energy & Solutions Inc. (PPES), after its status as the exclusive battery supplier to Tesla has been diminished amid the changes in market environment, such as the rises of the competitors from South Korea and China and Tesla’s move to bring the development and manufacturing of battery cells in-house.NEWS, October 5, 2020, Musk and Tesla shock Panasonic investors with battery ambitions, FT, Panasonic owns 49% of the venture.NEWS, Kevin, Buckland, Christian, Schmollinger, Christopher, Cushing, February 3, 2020, Toyota-Panasonic venture to start EV battery development in April, en, Reuters, Tokyo,www.reuters.com/article/us-toyota-panasonic-battery-idUSKBN1ZX0LW, January 18, 2023, It was the first time the two companies joined hands in the realm of battery technology since Primearth EV Energy (PEVE) kicked off in 1996 to produce batteries for hybrid electric cars.

    Industrial Solutions

    {{Empty section|date=October 2020}}

    Overseas operations

    Panasonic Corporation of North America

    Panasonic Corporation of North America is Panasonic’s principal subsidiary in the United States. It has been headquartered in Newark, New Jersey since 2013, after being previously headquartered in Secaucus, since the 1980s;WEB,www.panasonic.com/us/corporate.html, About Us – Panasonic US, www.panasonic.com, both Newark and Secaucus are located within New Jersey’s Gateway Region.Founded in New York City at the MetLife Building in September 1959, it was known as Matsushita Electric Corporation of America (MECA) prior to 2005.Panasonic Eco Systems North America,PRESS RELEASE, EPA and DOE Announce The 2022 ENERGY STAR Award Winners,www.epa.gov/newsreleases/epa-and-doe-announce-2022-energy-star-award-winners, May 17, 2022, United States Environmental Protection Agency, May 5, 2022, en, a business unit of Panasonic North America, distributes renewable energy products in the United States and Canada. Established in 2012,NEWS, Capkun, Anthony, Panasonic Eco Solutions aiming for end-to-end energy solutions,www.ebmag.com/panasonic-eco-solutions-aiming-for-end-to-end-energy-solutions-12490/, May 17, 2022, Electrical Business, June 21, 2012, Panasonic Eco Systems sells renewable energy systems and home energy management products, including high efficiency solar panels, battery storage systems,NEWS, Crowell, Chris, Panasonic now offering beefed up battery for residential solar + storage,solarbuildermag.com/batteries/panasonic-now-offering-beefed-up-battery-for-residential-solar-storage-17-1-kwh-of-capacity/, May 17, 2022, Solar Builder, May 24, 2018, and indoor air quality products.NEWS, Naditz, Alan, Panasonic EcoSolutions WhisperFresh Select Fresh Air Supply Fan,www.greenbuildermedia.com/blog/panasonic-ecosolutions-whisperfresh-select-fresh-air-supply-fan, May 17, 2022, Green Builder, April 23, 2019, en-us, NEWS, Salmonsen, Mary, Panasonic’s WhisperFresh Select Ventilation Fan Is Balanced for Green Building,www.builderonline.com/products/hvac/panasonics-whisperfresh-select-ventilation-fan-is-balanced-for-green-building_o, May 17, 2022, Builder, June 12, 2018, It also distributes cordless assembly tools used on factory assembly lines.NEWS, Panasonic appoints Silver president of Eco Solutions North America,www.ewweb.com/news/people/article/20921370/panasonic-appoints-silver-president-of-eco-solutions-north-america, May 17, 2022, Electrical Wholesaling, April 4, 2014, In 2016, the company began expanding its network of residential solar installers to market Panasonic Solar HIT (heterojunction with intrinsic thin layerNEWS, Masterson, Pete, The Next Move For Panasonic’s North American Solar Business,heatingnewsjournal.com/the-next-move-for-panasonics-north-american-solar-business/, May 17, 2022, Heating News Journal, December 31, 2021, ) panels and battery storage nationally,NEWS, Thurston, Charles W., Panasonic Solar Builds Out National Residential Installer Network,cleantechnica.com/2018/11/29/panasonic-solar-builds-out-national-residential-installer-network/, May 17, 2022, CleanTechnica, November 29, 2018, reaching 150 authorized installers by November 2018.NEWS, Panasonic Bolsters Premium Solar Panel Installer Program Throughout U.S.,www.roofingcontractor.com/articles/93489-panasonic-bolsters-premium-solar-panel-installer-program-throughout-us, May 17, 2022, Roofing Contractor, February 22, 2019, en, The company began offering a 25-year warranty for its HIT photovoltaic modules – compared to the industry standard at the time of 10 years – in 2017.NEWS, Andorka, Frank, Panasonic offers 25-year workmanship warranty on modules,pv-magazine-usa.com/2017/05/09/panasonic-offers-25-year-workmanship-warranty-on-cells-to-be-used-by-tesla/, May 17, 2022, PV Magazine USA, May 9, 2017, In 2019, Panasonic introduced its EverVolt brand of solar and battery storage products.NEWS, Fitzgerald Weaver, John, Old dog solar panel manufacturer, Panasonic, learning new home storage tricks,pv-magazine-usa.com/2019/11/19/old-dog-solar-panel-manufacturer-panasonic-learning-the-new-trick-of-home-energy-storage/, May 17, 2022, PV Magazine USA, November 19, 2019, The company transitioned its solar panel manufacturing to OEMs in early 2021 to focus on offering a wider range of products. Later that year, Panasonic debuted the EverVolt 2.0 energy storage system rated for outdoor use.NEWS, Crowell, Chris, Panasonic debuts outdoor-rated EverVolt 2.0 energy storage system with LFP batteries, more capacity {{!, Solar Builder |url=https://solarbuildermag.com/news/panasonic-debuts-outdoor-rated-evervolt-2-0-energy-storage-with-lfp-batteries-more-capacity/ |access-date=May 17, 2022 |work=Solar Builder |date=November 18, 2021}}

    Panasonic Europe

    Panasonic’s principal subsidiaries in Europe are Panasonic Europe Ltd.MAGAZINE,investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5466412,investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5466412," title="web.archive.org/web/20130501234953investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5466412,">web.archive.org/web/20130501234953investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=5466412, dead, May 1, 2013, Company Overview of Panasonic Europe Ltd., April 14, 2013, Bloomberg Businessweek, and Panasonic Marketing Europe GmbH.MAGAZINE,investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6562049,investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6562049," title="web.archive.org/web/20130501205550investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6562049,">web.archive.org/web/20130501205550investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=6562049, dead, May 1, 2013, Company Overview of Panasonic Marketing Europe Gmbh, April 14, 2013, Bloomberg Businessweek, Panasonic Europe is headquartered in London, England, but it is moving its headquarters to Amsterdam, Netherlands due to Brexit.NEWS,www.bbc.co.uk/news/business-45351288, Panasonic to move Europe HQ out of UK, August 30, 2018, BBC News, September 2, 2018, Panasonic employs around 12,000 people in Europe, and the region generates around 10 percent of its total revenues.NEWS,uk.reuters.com/article/us-panasonic-europe-idUKBRE9380UM20130409, Panasonic executive says Europe consumer sales hold up, April 20, 2013, Reuters, April 9, 2013, In 2012, Panasonic had around a 10 percent share of the consumer electronics market in Europe, ranking third behind Samsung Electronics (with 26 percent) and LG Electronics (with 12 percent).Panasonic operates a chain of stores in the United Kingdom and Ireland called “Panasonic Store” which exclusively sell Panasonic products. Prior to 2008 the chain was named “shop@Panasonic”.In November 2010, Panasonic Electric Works established Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o, a new company in Svilajnac, Serbia, to manufacture energy-efficient electronic devices (ballasts) for lighting fixtures. Volume production commenced in January 2011.WEB,panasonic-electric-works.net/news/2010/1011/1011-1.html, Panasonic, Panasonic Electric Works, May 26, 2012, dead,panasonic-electric-works.net/news/2010/1011/1011-1.html," title="web.archive.org/web/20111214170608panasonic-electric-works.net/news/2010/1011/1011-1.html,">web.archive.org/web/20111214170608panasonic-electric-works.net/news/2010/1011/1011-1.html, December 14, 2011, In May 2015, Panasonic launched its virtual solar service to UK consumers. The service allows users to run a simulation to provide an estimate of how much a rooftop solar installation would produce if it were installed in their home.By Liam Stoker, Solar Power Portal. “Panasonic launches virtual solar service to UK consumers.” May 14, 2015. May 14, 2015.

    Panasonic India

    Mr. Daizo Ito serves as Group President for Panasonic Regional Headquarters India (situated in Haryana) at Panasonic India Pvt. Ltd.WEB, Corporate Profile,www.panasonic.com/in/corporate/profile.html, panasonic.com/in/, Panasonic India makes washing machines, refrigerators, electric rice cookers, electric irons, mixer-grinders/blenders and other home appliances for the Indian market.Panasonic Life Solutions India Pvt Ltd (formerly known as Anchor Electricals Pvt. Ltd.), an Indian company which makes electric lamps, switches, sockets and other electrical accessories, is a wholly owned subsidiary of Panasonic Corporation.

    PT Panasonic Gobel Indonesia

    PT Panasonic Gobel Indonesia (formerly known as PT National Gobel and PT National Panasonic Gobel) is the name of the company’s Indonesia division based in Cawang, East Jakarta. Tomonobu Otsu is the current President Director and Rachmat Gobel is the current President Commissioner. It is a joint venture between Panasonic Corporation Japan and the Gobel Group of Indonesia.

    Former operations

    MCA Inc.

    Matsushita bought American media company MCA Inc. for US$6.6 billion.NEWS,articles.latimes.com/1990-11-26/news/mn-4086_1_mca-shareholders, It’s a Wrap: MCA Sold: Matsushita to Pay About $6.6 Billion, April 14, 2013, The Los Angeles Times, November 26, 1990, NEWS,www.nytimes.com/1990/12/01/business/who-gets-what-from-mca-deal.html, Who Gets What From MCA Deal, April 14, 2013, The New York Times, December 1, 1990, In 1995, it sold 80% of MCA’s shares to Canadian drink company Seagram.NEWS,www.nytimes.com/1995/04/07/business/seagram-heads-for-hollywood-seagram-will-buy-80-of-big-studio-from-matsushita.html, Seagram heads for Hollywood; Seagram will buy 80% of big studio from Matsushita, April 14, 2013, The New York Times, April 7, 1995, NEWS,www.nytimes.com/1996/08/28/business/matsushita-freed-of-mca-reports-a-profit.html, Matsushita, Freed of MCA, Reports a Profit, April 14, 2013, The New York Times, August 28, 1996, NEWS,articles.latimes.com/1995-04-07/news/mn-52060_1_hollywood-executives, Matsushita to Sell 80% of MCA to Seagram Co. : Business: Distiller to pay about $7.1 billion. Japanese owner and Hollywood giant clashed often over five years., BATES, JAMES, April 7, 1995, Los Angeles Times, February 27, 2018, 0458-3035, MCA was renamed Universal Studios Inc. in 1996,NEWS,www.bizjournals.com/orlando/stories/1996/12/09/daily1.html, MCA changes name to Universal Studios Inc., American City Business Journals, Orlando Business Journal, December 9, 1996, E. Scott, Reckard, after which its motion picture business has changed hands continuously, Vivendi, General Electric and Comcast in order, while the music division has become Universal Music Group, acquired and wholly owned by Vivendi up until 2019.NEWS, December 31, 2019, Tencent Group Buys 10% of Universal Music for $3.4 Billion, en, Bloomberg.com,www.bloomberg.com/news/articles/2019-12-31/tencent-group-clinches-deal-for-10-of-vivendi-s-universal-music, March 19, 2021, Thomas, Pfeiffer,

    Panasonic 3DO

    Panasonic manufactured their 3DO gaming systems from 1993 to 1996 alongside GoldStar and Sanyo, however it was not a success. There were a total of 2 million systems sold during its lifespan, although it is not known how many of these were sold by each manufacturer. Panasonic obtained exclusive rights to manufacture the 3DO’s successor console, the M2, but ultimately backed out of releasing it due to the highly competitive state of the console gaming market at that time.

    Panasonic Healthcare

    In 2014, Panasonic Healthcare was bought by outside investors and renamed as PHCHD, which stands for Panasonic HealthCare HD. It mainly makes cryogenic and ULT freezers for laboratories and sterilization equipment.WEB,www.phchd.com/global/news/2017/0403, Announcement of Company Name Change, April 3, 2017, PHC Holdings Corporation, WEB,www.businesswire.com/news/home/20180331005006/en/PHC-Holdings-Corporation-Announcement-Company-Change, PHC Holdings Corporation: Announcement of Company Name Change, April 1, 2018, Business Wire,

    Panasonic Semiconductor Solutions

    Panasonic had been in the semiconductor industry since 1957,WEB, Panasonic to Sell Semiconductor Business to Nuvoton,www.anandtech.com/show/15171/panasonic-to-sell-semiconductor-business-to-nuvoton, February 8, 2021, AnandTech, Anton, Shilov, November 29, 2019, when it started the mass production of silicon transistors and bipolar ICs. From 2012 onwards the company had implemented a series of measures to boost productivity of the business, including transfers of its production facilities to a joint venture with TowerJazz,WEB, tkiyotaka, TowerJazz Signs Definitive Agreement Creating Joint Venture with Panasonic Corporation to Acquire its 3 Semiconductor Factories in Japan and to Manufacture Panasonic and Additional Products,tpsemico.com/2013/12/towerjazz-signs-definitive-agreement-creating-joint-venture-with-panasonic-corporation-to-acquire-its-3-semiconductor-factories-in-japan/, February 8, 2021, Tower Partners Semiconductor Co., Ltd., en-US, and the system-on-a-chip designing unit to Panasonic/Fujitsu joint venture Socionext.WEB, Manners, David, March 2, 2015, Socionext formed from Fujitsu and Panasonic SoC businesses,www.electronicsweekly.com/news/business/finance/socionext-formed-fujitsu-panasonic-soc-businesses-2015-03/, February 8, 2021, Electronics Weekly, en, In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.

    Products

    Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers(Matsushita JR series, {{ill|Let’s Note|jp|レッツノート}}), mobile phones (as a subsidiary of TCL Electronics), audio equipment, cameras, broadcasting equipment, projectors, automotive electronics, aircraft in-flight entertainment systems, semiconductors, lithium batteries, electrical components, optical devices, bicycles, electronic materials, video game systems 3DO and photovoltaic modules.WEB,panasonic.net/ir/annual/2013/pdf/panasonic_ar2013_e.pdf, Annual Report for the year ended March 31, 2013, February 9, 2014, Panasonic Corporation, dead,panasonic.net/ir/annual/2013/pdf/panasonic_ar2013_e.pdf," title="web.archive.org/web/20140223104820panasonic.net/ir/annual/2013/pdf/panasonic_ar2013_e.pdf,">web.archive.org/web/20140223104820panasonic.net/ir/annual/2013/pdf/panasonic_ar2013_e.pdf, February 23, 2014, Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic.{{gallery
    R-31 tube radioA Panasonic Lumix cameraPanasonic camcorder VHS-CA Panasonic Toughbook field computerA Panasonic mobile phoneA display of Panasonic televisionsTechnics headphones
    }

    Sponsorships

    Football

    Panasonic sponsors the German footballer Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany.WEB,www.sportspromedia.com/news/panasonic_snaps_up_marco_reus_as_brand_ambassador, Panasonic snaps up Marco Reus as brand ambassador – SportsPro Media, www.sportspromedia.com, June 13, 2013, Panasonic owns Panasonic Wild Knights a rugby club base in Gunma just outside of Tokyo. They compete in the highest level of rugby in Japan Top League.Panasonic owns Gamba Osaka, a club from the J.League, the Japanese professional football league.NEWS,news.panasonic.com/global/topics/2014/30448.html, Panasonic Sponsored Gamba Osaka Football Club Secures Domestic Treble! {{!, Panasonic Newsroom Global|work=Panasonic Newsroom Global|access-date=February 5, 2018}}Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer.NEWS,www.sportsbusinessdaily.com/Journal/Issues/2011/10/10/Marketing-and-Sponsorship/Panasonic.aspx, Panasonic renews with MLS, adds U.S. national teams, April 14, 2013, Sports Business Daily, October 10, 2011, Between 1981 and 1983, Panasonic was the shirt sponsor of English football club Nottingham Forest F.C.{{citation needed|date=April 2013}}On January 16, 2010, Panasonic signed a three-year, {{INR}} 47 million (£518,500) jersey sponsorship deal for the India national football team.NEWS,articles.timesofindia.indiatimes.com/2010-01-16/top-stories/28117960_1_indian-football-aiff-secretary-alberto-colaco-praful-patel,articles.timesofindia.indiatimes.com/2010-01-16/top-stories/28117960_1_indian-football-aiff-secretary-alberto-colaco-praful-patel," title="web.archive.org/web/20130514010514articles.timesofindia.indiatimes.com/2010-01-16/top-stories/28117960_1_indian-football-aiff-secretary-alberto-colaco-praful-patel,">web.archive.org/web/20130514010514articles.timesofindia.indiatimes.com/2010-01-16/top-stories/28117960_1_indian-football-aiff-secretary-alberto-colaco-praful-patel, dead, May 14, 2013, AIFF signs Rs 4.7 crore deal with new sponsor, April 14, 2013, The Times of India, January 16, 2010,

    Other

    File:Toyota F1 Canada 2006 (crop).PNG|thumb|Panasonic was the principal sponsor of the now-defunct Toyota Racing Formula OneFormula OneFile:Hiro Matsushita in 1989.jpg|thumb|Hiro MatsushitaHiro MatsushitaPanasonic was a primary sponsor of Toyota’s Formula One program, Panasonic Toyota Racing.NEWS,usatoday30.usatoday.com/sports/motor/2009-01-15-3658564838_x.htm, Toyota goes virtual to show 2009 F1 car, April 27, 2013, USA Today, January 15, 2009, Hiro Matsushita, grandson of the company founder, is a former race car driver who ran a company overseeing sponsorship arrangements for the company.Panasonic was also a sponsor in NASCAR’s Busch Series in 2005, sponsoring the No. 67 Smith Brothers Racing Dodge for Ken Schrader,WEB,racing-reference.info/race/2005_Sam’s_Town_300/B, 2005 Sam’s Town 300, Racing-Reference, June 17, 2014, Bryan Reffner,WEB,racing-reference.info/race/2005_SBC_250/B, 2005 SBC 250, Racing-Reference, June 17, 2014, C.W. Smith,WEB,racing-reference.info/race/2005_Winn-Dixie_250_Presented_by_PepsiCo/B, 2005 Winn-Dixie 250 Presented by PepsiCo, Racing-Reference, June 17, 2014, and Johnny Benson Jr.WEB,racing-reference.info/race/2005_Domino’s_Pizza_250/B, 2005 Domino’s Pizza 250, Racing-Reference, June 17, 2014, In 2007, Panasonic became a technology partner with Hendrick Motorsports and served as a primary sponsor of the team’s No. 24 car with Jeff Gordon for two races in 2014 and throughout 2015..WEB, Bruce, Kenny,www.nascar.com/en_us/news-media/articles/2014/6/17/jeff-gordon-adds-new-primary-sponsor-panasonic-through-2016.html, JEFF GORDON ADDS NEW PRIMARY SPONSOR, NASCAR, June 17, 2014, June 17, 2014, Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988.NEWS,www.nytimes.com/1987/12/15/sports/olympic-affiliates-also-go-for-gold.html, Olympic Affiliates Also Go for Gold, April 14, 2013, The New York Times, December 15, 1987, Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989, along with Technics.WEB,www.panasonic.aero/join-us/, Join Us, www.panasonic.aero, Various Panasonic ads appeared at the old Boston Garden during the 1980s.Panasonic is the current sponsor for the ride Monsters, Inc. Ride & Go Seek at Tokyo Disneyland Park. It opened in 2009.On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team.WEB,www.theverge.com/2016/9/8/12846824/jaguar-formula-e-sponsor-announced-panasonic, Jaguar names Panasonic as title sponsor of its Formula E team, September 8, 2016, September 8, 2016, On February 14, 2017, Panasonic was unveiled as the main sponsor of Lega Basket Serie A, the highest professional basketball league in Italy and one of the top ranked national domestic league in Europe.WEB,it.euronews.com/2017/02/14/basket-panasonic-main-sponsor-serie-a, Basket: Panasonic main sponsor Serie A, February 14, 2017, February 15, 2017, it, Basketball: Panasonic main sponsor of Serie A,it.euronews.com/2017/02/14/basket-panasonic-main-sponsor-serie-a," title="web.archive.org/web/20170216125234it.euronews.com/2017/02/14/basket-panasonic-main-sponsor-serie-a,">web.archive.org/web/20170216125234it.euronews.com/2017/02/14/basket-panasonic-main-sponsor-serie-a, February 16, 2017, dead, Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car.WEB,www.indycar.com/News/2019/08/08-31-Cavin-Sato, SATO CONTINUES TO DRIVE IN ELITE INDYCAR COMPANY, www.indycar.com,

    Environmental record

    Panasonic is ranked in joint 11th place (out of 16) in Greenpeace’s Guide to Greener Electronics, which ranks electronics manufacturers on policies and practices to reduce their impact on the climate, produce greener products and make their operations more sustainable.WEB,www.greenpeace.org/international/en/campaigns/climate-change/cool-it/Guide-to-Greener-Electronics/, Guide to Greener Electronics, Greenpeace International, November 16, 2011, The company is one of the top scorers on the Products criteria, praised for its good product life cycles and the number of products which are free from polyvinyl chloride plastic (PVC). It also scores maximum points for the energy efficiency of its products with 100 percent of its TVs meeting the latest Energy Star standards and exceeding the standby power requirement.However, Panasonic’s score is let down by its low score on the Energy criteria, with the Guide stating it must focus on planned reductions of greenhouse gases (GHG), set targets to reduce GHG emissions by at least 30% by 2015 and increase renewable energy use by 2020.In 2014, an article in The Guardian reported that Panasonic will compensate its expatriate workers in China a “hazard pay” as compensation for the chronic air pollution they are subjected to as they work.WEB,www.theguardian.com/sustainable-business/panasonic-hazard-pay-air-pollution-china, Will Panasonic’s ‘hazard pay’ make a difference to air pollution in China?, The Guardian, April 14, 2014, July 16, 2015, In 2020, Panasonic joined WIPO GREEN as an official partner in an effort to address climate change.WEB, Partners,www3.wipo.int/wipogreen/en/network/partners.html, September 19, 2022, www3.wipo.int, en, In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to “virtually net zero” carbon dioxide.NEWS, Dvorak, Phred, February 12, 2022, How One of the World’s Biggest Carbon Emitters Got a Factory to Zero Emissions, en-US, The Wall Street Journal,www.wsj.com/articles/how-one-of-the-worlds-biggest-carbon-emitters-got-a-factory-to-zero-emissions-11644670800, February 13, 2022, 0099-9660,

    Senior leadership

    • Chairman: Kazuhiro Tsuga (since April 2021)
    • President and CEO: {{ill|Yuki Kusumi|jp|楠見雄規}} (since April 2021)

    List of former chairmen

    1. Kōnosuke Matsushita (1961–1973)
    2. Arataro Takahashi (1973–1977)
    3. Masaharu Matsushita (1973–2000)
    4. Yoichi Morishita (2000–2006)
    5. Kunio Nakamura (2006–2012)
    6. Fumio Ōtsubo (2012–2021)

    List of former presidents and CEOs

    1. Kōnosuke Matsushita (1918–1961)
    2. Masaharu Matsushita (1961–1977)
    3. Toshihiko Yamashita (1977–1986)
    4. Akio Tanii (1986–1993)
    5. Yoichi Morishita (1993–2000)
    6. Kunio Nakamura (2000–2006)
    7. Fumio Ōtsubo (2006–2012)
    8. Kazuhiro Tsuga (2012–2021)

    Slogans

    • “Just slightly ahead of our time” (1970s–1990s)WEB,www.adslogans.co.uk/site/pages/slogan-features/slogans-of-the-70s.php, Adslogans – A fast, efficient bespoke search service for advertisers on slogans, endlines, straplines, taglines etc. – Slogans of the 70s, July 16, 2015,
    • “Even more than you expected [out of the blue]” (1970s–1996, Australia)
    • “What’s on Panasonic” (1990–1996)
    • “The quest for zero defect” (1990s–2003, South Africa)WEB,www.itweb.co.za/content/O2rQGMAp2mj7d1ea, Panasonic celebrates 21st anniversary at computer faire 2002, April 19, 2002,
    • “Panasonic, The One That I Want” (1996–2003, USA)
    • “What’s New by Panasonic” (1996–2003)
    • “Ideas for Life” (2003–2013, Global)WEB,www.panasonic.com/global/corporate/history/chronicle/2003.html, 2003 – Corporate History – History – About Us – Panasonic,
    • “A Better Life, A Better World” (2013–2023)WEB, Panasonic Establishes “A Better Life, A Better World” as its New Brand Slogan {{!, Headquarters News {{!}} Panasonic Newsroom Global|url=https://news.panasonic.com/global/press/data/2013/09/en130904-2/en130904-2.html|access-date=October 7, 2020|website=news.panasonic.com}}
    • “Wonders!” (2014–2017, Japan)
    • “Let’s Live Life Better” (2017–2018, Indonesia)
    • “Live Your Best” (2022–present, Global)WEB, Live Your Best {{!, About Us {{!}} Panasonic Holdings|url=https://holdings.panasonic/global/corporate/brand/live-your-best.html|access-date=April 21, 2022|website=holdings.panasonic}}
    • “Create Today. Enrich Tomorrow.” (2022–present)WEB, Panasonic unveils its new Brand Action Slogan – Create Today. Enrich Tomorrow.,www.panasonic.com/mea/en/corporate/news/articles/panasonic-unveils-its-new-brand-action-slogan-create-today-enrich-tomorrow.html, January 26, 2023, November 24, 2023, Panasonic Middle East,
    • “Make New” (2023–present, Japan)WEB, 変革の意志を未来へつなぐアクションワード「Make New」を策定, Formulated action words “Make New” to connect the will for change to the future,news.panasonic.com/jp/press/jn220428-1, April 28, 2023, November 24, 2023, Panasonic Newsroom Japan,

    See also

    {{clear}}

    Notes

    {{Notelist}}

    References

    {{Reflist|30em}}

    Further reading

    • BOOK, Matsushita Leadership: Lessons from the 20th Century’s Most Remarkable Entrepreneur, Kotter, John P., John Kotter, 1997, The Free Press, New York, 9780684834603, 35620432,books.google.com/books?id=H02ar1hD7nAC,

    External links

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