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Panasonic

Panasonic Holdings Corporation,[a] formerly Matsushita Electric Industrial Co., Ltd.[b] between 1935 and 2008 and the first incarnation of Panasonic Corporation[c] between 2008 and 2022,[1] is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer.[3] 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.[4][5][6][7][8]

Panasonic Holdings Corporation
Headquarters in Osaka, Japan
Native name
パナソニック ホールディングス株式会社
Panasonikku Hōrudingusu kabushiki gaisha
Formerly
  • Matsushita Electric Manufacturing Works (1918–1935)
  • Matsushita Electric Industrial Co., Ltd. (1935–2008)
  • Panasonic Corporation (2008–2022)[1]
TypePublic (Kabushiki gaisha)
ISINJP3866800000
IndustryConglomerate
FoundedMarch 7, 1918; 104 years ago (1918-03-07)[2]
Osaka, Japan
FounderKōnosuke Matsushita
HeadquartersKadoma, Osaka, Japan
34°44′38″N 135°34′12″E / 34.7438°N 135.5701°E / 34.7438; 135.5701Coordinates: 34°44′38″N 135°34′12″E / 34.7438°N 135.5701°E / 34.7438; 135.5701
Area served
Worldwide
Key people
  • Kazuhiro Tsuga (Chairman)
  • Yuki Kusumi (President and CEO)
Products
Revenue ¥9.09 trillion (2022)[* 1]
¥923.75 billion (2020)[* 1]
¥200.71 billion (2020)[* 1]
Total assets ¥5.22 trillion (2020)[* 1]
Total equity ¥3.16 trillion (2020)[* 1]
Number of employees
279,385 (2022)
DivisionsPanasonic Corporation of North America (US)
Subsidiaries
Website
  • holdings.panasonic (Corporate)
  • panasonic.com (consumer)
Footnotes / references
  1. ^ a b c d e "Annual Report 2020" (PDF) (Press release). Panasonic Corporation. September 11, 2020. (PDF) from the original on May 9, 2021. Retrieved June 11, 2021.

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 1935 to October 1, 2008, the company's corporate name was "Matsushita Electric Industrial Co." (MEI).[9][10] 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".[11] The name change was approved at the shareholders' meeting on June 26, 2008, after consultation with the Matsushita family.[12][13]

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.[1]

Brand names

 
National TV set from 1952

Panasonic Corporation 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.[14] The company has sold products under a number of other brand names during its history.

In 1927, Matsushita adopted the brand name "National"[d] for a new lamp product.[15] In 1955, the company began branding audio speakers and lamps for markets outside Japan as "PanaSonic", which was the first time it used the "Panasonic" brand name.[16] The company began to use the brand name "Technics"[e] in 1965 for audio equipment.[16] The use of multiple brands lasted for some decades.[16] While "National" had been the premier brand on most Matsushita products, including audio and video, "National" and "Panasonic" were combined in 1988 as National Panasonic after the worldwide success of the Panasonic name.[citation needed]

In May 2003, the company announced that "Panasonic" would become its global brand, and launched the global tagline "Panasonic ideas for life."[17] The company began to unify its brands to "Panasonic" and, by March 2004, replaced "National" for products and outdoor signboards, except for those in Japan.[17] In January 2008, the company announced that it would phase out the brand "National" in Japan, replacing it with the global brand "Panasonic" by March 2010.[11] In September 2013, the company announced a revision of the decade-old tagline to better illustrate the company vision: "A Better Life, A Better World."[18]

Rasonic is a brand name of Shun Hing Electric Works and Engineering Co. Ltd (信興電工工程有限公司), a company that has imported Panasonic and National branded product since Matsushita Electric Industrial era, and has also sold MEI/Panasonic products under the 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,[19][20] making Rasonic a product brand for MEI and subsequent Panasonic Corporation.

In September 2014, Panasonic announced they will revive the Technics brand.[21]

History

20th century

Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets.[22] 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.[23] 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.[24]

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.[25]

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.[26]

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).[27] The inability to use the National brand name led to the creation of the Panasonic brand in the United States.[27] 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).[27]

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.[citation needed]

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[28] A year later, Panasonic released the Executive Partner, the first affordable portable computer with a plasma display.[29] Around this time the company also introduced inverter air conditioners.[30]

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.[31]

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.[32][33] 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.[34][35]

In 1992, Matsushita made the Panasonic FS-A1GT, the last model of the MSX turbo R computer.[36]

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.[37]

In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Matsushita and Toshiba created in 2002[38]) stopped production of CRTs at its factory in Horseheads, New York.[39] A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.[40][41][42] In 2007, it bought the venture from Toshiba, eventually ending all production.[43]

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.[44]

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.[45] As of October 1, 2008, JVC and Kenwood merged to create the JVCKenwood Corporation.[46]

On November 3, 2008, Panasonic and Sanyo announced that they were holding merger talks, which eventually resulted in the acquisition of Sanyo by Panasonic.[47][48] The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2 trillion (around $110 billion).[49]

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.[50]

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.[51] Also, it sold some of Sanyo's home appliances business to Haier.[52]

In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV.[53] Myspace TV will allow users to watch live television while chatting with other users on a laptop, tablet or the television itself. With the partnership, Myspace TV will be integrated into Panasonic Viera televisions.[54]

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.[55]

In April 2012, Panasonic spun off Sanyo DI Solutions, a digital camera OEM.[56]

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.[57] On November 14, 2012, Panasonic said it would cut 10,000 jobs and make further divestments.[58]

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.[59]

In July 2013, Panasonic agreed to acquire a 13% stake in the Slovenian household appliance manufacturer Gorenje for around €10 million.[60]

In July 2013, Panasonic signed an agreement with Sony Corporation to develop Archival Disc, described as an optical disc format for long-term data archival purposes.[61]

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.[62]

In 2014, Panasonic Healthcare was bought by outside investors. Panasonic Healthcare was later renamed as PHCHD, which stands for Panasonic HealthCare HD.[63][64]

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.[65] 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.[66]

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.[67]

In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores.[68]

In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong.[69]

In March 2015, Panasonic announced plans to buy US satellite communication service provider ITC Global.[70]

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.[71]

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.[72]

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.[73]

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.[74]

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.[75]

Due to increased competition from China, Panasonic's Li-ion automotive market share decreased from 47% in 2014 to 34% in 2015.[76] 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.[77] 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.[78] However, after the number of Model 3 reservations became known in April,[79] Panasonic moved production plans forward and announced a bond sale for $US3.86 billion, most of it to be invested in Gigafactory.[80]

In 2016, Panasonic debuted a transparent TV.[81]

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.[82]

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.[83][84]

 
Panasonic Lumix S1R with prime lens 50 mm f/1.4 at Photokina in September 2018

On 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.[85] 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.[86]

In 2019, Panasonic sold its semiconductors and security systems (security camera) businesses.[87][88][89] 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.[90]

In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals Fuji Electric, Sanden and Glory.[91][92][93]

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.[94]

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.[95] 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.[96]

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.[97]

In June 2021, it was reported that Panasonic sold its entire stake in Tesla for $US3.6 billion.[98]

In August 2022, it was reported that the company, which is a suppler 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.[99] 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.[100]

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.[101] Panasonic had total revenues of ¥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.[101] The company invested a total of ¥520,216 million in research and development in 2012, equivalent to 6.6 percent of its revenues in that year.[101]

In 2012, Panasonic held a total of 140,146 patents worldwide.[101] Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s.[102] 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.[103] 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.[104] This position is up from their previous ranking as 12th in 2019 with 1,567 applications.[105]

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.[106]

Life Solutions

Panasonic Homes

Panasonic Homes 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.[107] 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.[108]

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.[109] 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] 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.[110]

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.[111] 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.[112] 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),[113] is an original equipment manufacturer of factory installed mobile audio equipment such as headunits, speakers and navigation modules. It 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.[114] Panasonic also purchased the assets of Sanyo Corporation in 2017.[citation needed]

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;[115] 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.[116]

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.[117] Panasonic owns 49% of the venture.[118] 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

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;[119] 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,[120] a business unit of Panasonic North America, distributes renewable energy products in the United States and Canada. Established in 2012,[121] Panasonic Eco Systems sells renewable energy systems and home energy management products, including high efficiency solar panels, battery storage systems,[122] and indoor air quality products.[123][124] It also distributes cordless assembly tools used on factory assembly lines.[125] In 2016, the company began expanding its network of residential solar installers in order to market Panasonic Solar HIT (heterojunction with intrinsic thin layer[126]) panels and battery storage nationally,[127] reaching 150 authorized installers by November 2018.[128][127] 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.[129] In 2019, Panasonic introduced its EverVolt brand of solar and battery storage products.[130][126] The company transitioned its solar panel manufacturing to OEMs in early 2021 in order to focus on offering a wider range of products.[126] Later that year, Panasonic debuted the EverVolt 2.0 energy storage system rated for outdoor use.[131]

Panasonic Europe

Panasonic's principal subsidiaries in Europe are Panasonic Europe Ltd.[132] and Panasonic Marketing Europe GmbH.[133] Panasonic Europe is headquartered in London, England, but it is moving its headquarters to Amsterdam, Netherlands due to Brexit.[134] Panasonic employs around 12,000 people in Europe, and the region generates around 10 percent of its total revenues.[135] 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).[135]

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.[136]

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.[137]

Panasonic India

Mr. Daizo Ito serves as Group President for Panasonic Regional Headquarters India (situated in Haryana) at Panasonic India Pvt. Ltd.[138] 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.[139][140] In 1995, it sold 80% of MCA's shares to Canadian drink company Seagram.[141][142][143] MCA was renamed Universal Studios Inc. in 1996,[144] 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.[145]

Panasonic 3DO

Panasonic used to manufacture 3DO gaming systems alongside GoldStar and Sanyo but stopped 3 years later, as it was not a success. There were a total of 2 million systems sold from 1993 to 1996, though 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 the 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.[63][64]

Panasonic Semiconductor Solutions

Panasonic had been in the semiconductor industry since 1957,[146] 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,[147] and the system-on-a-chip designing unit to Panasonic/Fujitsu joint venture Socionext.[148]

In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.[87]

Products

Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers, 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 and photovoltaic modules.[149] Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic.

Sponsorships

Football

Panasonic sponsors the German footballer Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany.[150]

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.[151]

Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer.[152]

Between 1981 and 1983, Panasonic was the shirt sponsor of English football club Nottingham Forest F.C.[citation needed]

On January 16, 2010, Panasonic signed a three-year, 47 million (£518,500) jersey sponsorship deal for the India national football team.[153]

Other

 
Panasonic was the principal sponsor of the now-defunct Toyota Racing Formula One team.
 

Panasonic was a primary sponsor of Toyota's Formula One program, Panasonic Toyota Racing.[154] 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,[155] Bryan Reffner,[156] C.W. Smith,[157] and Johnny Benson Jr.[158] 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. .[159]

Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988.[160]

Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989, along with Technics.[161] Various Panasonic ads appeared at the old Boston Garden during the 1980s.

On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team.[162]

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.[163]

Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car.[164]

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.[165] 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.[165]

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.[166]

In 2020, Panasonic joined WIPO GREEN as an official partner in an effort to address climate change.[167]

In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to “virtually net zero” carbon dioxide.[168]

Senior leadership

  • Chairman: Kazuhiro Tsuga (since April 2021)
  • President and CEO: Yuki Kusumi (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)[169]
  • "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)[170]
  • "Panasonic, The One That I Want" (1996–2003, USA)
  • "What's New by Panasonic" (1996–2003)
  • "Ideas for Life" (2003–2013, Global) [171]
  • "A Better Life, A Better World" (2013–present)[172]
  • "Wonders!" (2014–present)
  • "Let's Live Life Better" (2017–2018)
  • "Live Your Best" (2022–)[173]

See also

Notes

  1. ^ パナソニック ホールディングス株式会社, Panasonikku Hōrudingusu kabushiki gaisha
  2. ^ 松下電器産業株式会社, Matsushita Denki Sangyō kabushiki gaisha
  3. ^ パナソニック株式会社, Panasonikku kabushiki gaisha
  4. ^ ナショナル, Nashonaru
  5. ^ テクニクス, Tekunikusu

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Further reading

External links

  • Official website

panasonic, confused, with, pensonic, group, sonic, holdings, corporation, formerly, matsushita, electric, industrial, between, 1935, 2008, first, incarnation, corporation, between, 2008, 2022, major, japanese, multinational, conglomerate, corporation, headquar. Not to be confused with Pensonic Group or Pan Sonic Panasonic Holdings Corporation a formerly Matsushita Electric Industrial Co Ltd b between 1935 and 2008 and the first incarnation of Panasonic Corporation c between 2008 and 2022 1 is a major Japanese multinational conglomerate corporation headquartered in Kadoma Osaka It was founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer 3 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 4 5 6 7 8 Panasonic Holdings CorporationHeadquarters in Osaka JapanNative nameパナソニック ホールディングス株式会社Romanized namePanasonikku Hōrudingusu kabushiki gaishaFormerlyMatsushita Electric Manufacturing Works 1918 1935 Matsushita Electric Industrial Co Ltd 1935 2008 Panasonic Corporation 2008 2022 1 TypePublic Kabushiki gaisha Traded asTYO 6752NAG 6752NYSE MC former Nikkei 225 component TYO TOPIX Large70 component TYO ISINJP3866800000IndustryConglomerateFoundedMarch 7 1918 104 years ago 1918 03 07 2 Osaka JapanFounderKōnosuke MatsushitaHeadquartersKadoma Osaka Japan34 44 38 N 135 34 12 E 34 7438 N 135 5701 E 34 7438 135 5701 Coordinates 34 44 38 N 135 34 12 E 34 7438 N 135 5701 E 34 7438 135 5701Area servedWorldwideKey peopleKazuhiro Tsuga Chairman Yuki Kusumi President and CEO ProductsArtificial intelligenceAutomationConstructionElectrical equipmentsElectronicsEntertainmentFansHome appliancesIndustrial equipmentsIoTLightingPersonal computersReal estateRechargeable batteriesRoboticsSoftwareRevenue 9 09 trillion 2022 1 Operating income 923 75 billion 2020 1 Net income 200 71 billion 2020 1 Total assets 5 22 trillion 2020 1 Total equity 3 16 trillion 2020 1 Number of employees279 385 2022 DivisionsPanasonic Corporation of North America US SubsidiariesPanasonic Corporationother select subsidiaries Anchor ElectricalsPanasonic Ecology SystemsPanasonic Electric WorksPanasonic Avionics CorporationSanyo Electric Co Ltd Universal Lighting TechnologiesBlue YonderWebsiteholdings panasonic Corporate panasonic com consumer Footnotes references a b c d e Annual Report 2020 PDF Press release Panasonic Corporation September 11 2020 Archived PDF from the original on May 9 2021 Retrieved June 11 2021 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 Contents 1 Corporate name 2 Brand names 3 History 3 1 20th century 3 2 2000 to present 4 Current operations 4 1 Life Solutions 4 1 1 Panasonic Homes 4 2 Connected Solutions 4 2 1 Panasonic Avionics Corporation 4 2 2 Panasonic Mobile Communications 4 3 Automotive 4 3 1 Automotive Systems division 4 3 2 Giga Nevada 4 3 3 Prime Planet Energy and Solutions 4 4 Industrial Solutions 4 5 Overseas operations 4 5 1 Panasonic Corporation of North America 4 5 2 Panasonic Europe 4 5 3 Panasonic India 4 5 4 PT Panasonic Gobel Indonesia 5 Former operations 5 1 MCA Inc 5 2 Panasonic 3DO 5 3 Panasonic Healthcare 5 4 Panasonic Semiconductor Solutions 6 Products 7 Sponsorships 7 1 Football 7 2 Other 8 Environmental record 9 Senior leadership 9 1 List of former chairmen 9 2 List of former presidents and CEOs 10 Slogans 11 See also 12 Notes 13 References 14 Further reading 15 External linksCorporate name EditFrom 1935 to October 1 2008 the company s corporate name was Matsushita Electric Industrial Co MEI 9 10 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 11 The name change was approved at the shareholders meeting on June 26 2008 after consultation with the Matsushita family 12 13 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 1 Brand names Edit National TV set from 1952 Panasonic Corporation 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 14 The company has sold products under a number of other brand names during its history In 1927 Matsushita adopted the brand name National d for a new lamp product 15 In 1955 the company began branding audio speakers and lamps for markets outside Japan as PanaSonic which was the first time it used the Panasonic brand name 16 The company began to use the brand name Technics e in 1965 for audio equipment 16 The use of multiple brands lasted for some decades 16 While National had been the premier brand on most Matsushita products including audio and video National and Panasonic were combined in 1988 as National Panasonic after the worldwide success of the Panasonic name citation needed In May 2003 the company announced that Panasonic would become its global brand and launched the global tagline Panasonic ideas for life 17 The company began to unify its brands to Panasonic and by March 2004 replaced National for products and outdoor signboards except for those in Japan 17 In January 2008 the company announced that it would phase out the brand National in Japan replacing it with the global brand Panasonic by March 2010 11 In September 2013 the company announced a revision of the decade old tagline to better illustrate the company vision A Better Life A Better World 18 Rasonic is a brand name of Shun Hing Electric Works and Engineering Co Ltd 信興電工工程有限公司 a company that has imported Panasonic and National branded product since Matsushita Electric Industrial era and has also sold MEI Panasonic products under the 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 19 20 making Rasonic a product brand for MEI and subsequent Panasonic Corporation In September 2014 Panasonic announced they will revive the Technics brand 21 History Edit20th century Edit Panasonic then Matsushita Electric was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets 22 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 23 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 24 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 25 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 26 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 27 The inability to use the National brand name led to the creation of the Panasonic brand in the United States 27 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 27 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 citation needed 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 28 A year later Panasonic released the Executive Partner the first affordable portable computer with a plasma display 29 Around this time the company also introduced inverter air conditioners 30 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 31 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 32 33 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 34 35 In 1992 Matsushita made the Panasonic FS A1GT the last model of the MSX turbo R computer 36 In 1998 Matsushita sold Anam National to Anam Electronics 2000 to present Edit 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 37 In 2005 Matsushita Toshiba Picture Display Co Ltd a joint venture between Matsushita and Toshiba created in 2002 38 stopped production of CRTs at its factory in Horseheads New York 39 A year later in 2006 it stopped production at its Malaysian factory following heavy losses 40 41 42 In 2007 it bought the venture from Toshiba eventually ending all production 43 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 44 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 45 As of October 1 2008 JVC and Kenwood merged to create the JVCKenwood Corporation 46 On November 3 2008 Panasonic and Sanyo announced that they were holding merger talks which eventually resulted in the acquisition of Sanyo by Panasonic 47 48 The merger was completed in December 2009 and resulted in a corporation with revenues of over 11 2 trillion around 110 billion 49 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 50 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 51 Also it sold some of Sanyo s home appliances business to Haier 52 In January 2012 Panasonic announced that it had struck a deal with Myspace on its new venture Myspace TV 53 Myspace TV will allow users to watch live television while chatting with other users on a laptop tablet or the television itself With the partnership Myspace TV will be integrated into Panasonic Viera televisions 54 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 55 In April 2012 Panasonic spun off Sanyo DI Solutions a digital camera OEM 56 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 57 On November 14 2012 Panasonic said it would cut 10 000 jobs and make further divestments 58 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 59 In July 2013 Panasonic agreed to acquire a 13 stake in the Slovenian household appliance manufacturer Gorenje for around 10 million 60 In July 2013 Panasonic signed an agreement with Sony Corporation to develop Archival Disc described as an optical disc format for long term data archival purposes 61 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 62 In 2014 Panasonic Healthcare was bought by outside investors Panasonic Healthcare was later renamed as PHCHD which stands for Panasonic HealthCare HD 63 64 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 65 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 66 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 67 In November 2014 Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores 68 In January 2015 Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong 69 In March 2015 Panasonic announced plans to buy US satellite communication service provider ITC Global 70 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 71 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 72 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 73 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 74 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 75 Due to increased competition from China Panasonic s Li ion automotive market share decreased from 47 in 2014 to 34 in 2015 76 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 77 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 78 However after the number of Model 3 reservations became known in April 79 Panasonic moved production plans forward and announced a bond sale for US3 86 billion most of it to be invested in Gigafactory 80 In 2016 Panasonic debuted a transparent TV 81 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 82 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 83 84 Panasonic Lumix S1R with prime lens 50 mm f 1 4 at Photokina in September 2018 On 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 85 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 86 In 2019 Panasonic sold its semiconductors and security systems security camera businesses 87 88 89 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 90 In 2020 Panasonic exited the vending machine business as it failed to achieve profitability lagging behind rivals Fuji Electric Sanden and Glory 91 92 93 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 94 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 95 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 96 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 97 In June 2021 it was reported that Panasonic sold its entire stake in Tesla for US3 6 billion 98 In August 2022 it was reported that the company which is a suppler 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 99 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 100 Current operations EditAs of March 31 2012 Panasonic employed about 330 000 staff reduced to around 260 000 by March 2020 and had around 580 subsidiaries 101 Panasonic had total revenues of 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 101 The company invested a total of 520 216 million in research and development in 2012 equivalent to 6 6 percent of its revenues in that year 101 In 2012 Panasonic held a total of 140 146 patents worldwide 101 Panasonic was the world s top patent applicant for three decades from the 1980s to the 2000s 102 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 103 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 104 This position is up from their previous ranking as 12th in 2019 with 1 567 applications 105 The Panasonic Center in Tokyo Japan The Panasonic IMP Building in Osaka Japan The Panasonic R amp D facility at Yokosuka Research Park Japan Panasonic Philippines Manufacturing Corporation Taytay Rizal 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 106 Life Solutions Edit Panasonic Homes Edit Panasonic Homes 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 107 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 108 Connected Solutions Edit Panasonic Avionics Corporation Edit Main article 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 109 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 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 110 Panasonic Mobile Communications Edit 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 111 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 112 From July 2013 to January 2018 Panasonic India has released one more series of Android Smartphones Panasonic P Series along with Eluga Series Automotive Edit Automotive Systems division Edit Automotive Systems Business Division Automotive Company Panasonic formerly Panasonic Automotive Systems PAS 113 is an original equipment manufacturer of factory installed mobile audio equipment such as headunits speakers and navigation modules It 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 114 Panasonic also purchased the assets of Sanyo Corporation in 2017 citation needed Panasonic also formerly manufactured aftermarket vehicle audio products such as head units and speakers Giga Nevada Edit Main article 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 115 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 116 Prime Planet Energy and Solutions Edit In 2020 Panasonic founded an electric vehicle battery joint venture with Toyota named Prime Planet Energy amp 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 117 Panasonic owns 49 of the venture 118 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 Edit This section is empty You can help by adding to it October 2020 Overseas operations Edit Panasonic Corporation of North America Edit 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 119 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 120 a business unit of Panasonic North America distributes renewable energy products in the United States and Canada Established in 2012 121 Panasonic Eco Systems sells renewable energy systems and home energy management products including high efficiency solar panels battery storage systems 122 and indoor air quality products 123 124 It also distributes cordless assembly tools used on factory assembly lines 125 In 2016 the company began expanding its network of residential solar installers in order to market Panasonic Solar HIT heterojunction with intrinsic thin layer 126 panels and battery storage nationally 127 reaching 150 authorized installers by November 2018 128 127 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 129 In 2019 Panasonic introduced its EverVolt brand of solar and battery storage products 130 126 The company transitioned its solar panel manufacturing to OEMs in early 2021 in order to focus on offering a wider range of products 126 Later that year Panasonic debuted the EverVolt 2 0 energy storage system rated for outdoor use 131 Panasonic Europe Edit Panasonic s principal subsidiaries in Europe are Panasonic Europe Ltd 132 and Panasonic Marketing Europe GmbH 133 Panasonic Europe is headquartered in London England but it is moving its headquarters to Amsterdam Netherlands due to Brexit 134 Panasonic employs around 12 000 people in Europe and the region generates around 10 percent of its total revenues 135 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 135 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 136 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 137 Panasonic India Edit Mr Daizo Ito serves as Group President for Panasonic Regional Headquarters India situated in Haryana at Panasonic India Pvt Ltd 138 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 Edit 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 EditMCA Inc Edit Matsushita bought American media company MCA Inc for US 6 6 billion 139 140 In 1995 it sold 80 of MCA s shares to Canadian drink company Seagram 141 142 143 MCA was renamed Universal Studios Inc in 1996 144 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 145 Panasonic 3DO Edit Main article 3DO Interactive Multiplayer Panasonic used to manufacture 3DO gaming systems alongside GoldStar and Sanyo but stopped 3 years later as it was not a success There were a total of 2 million systems sold from 1993 to 1996 though 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 the time Panasonic Healthcare Edit 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 63 64 Panasonic Semiconductor Solutions Edit Panasonic had been in the semiconductor industry since 1957 146 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 147 and the system on a chip designing unit to Panasonic Fujitsu joint venture Socionext 148 In 2019 Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses 87 Products EditPanasonic has offered a wide range of products and services including air conditioners refrigerators washing machines compressors lighting televisions personal computers 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 and photovoltaic modules 149 Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic R 31 tube radio A Panasonic Lumix camera A Panasonic Toughbook field computer A Panasonic mobile phone A display of Panasonic televisions Technics headphonesSponsorships EditFootball Edit Panasonic sponsors the German footballer Marco Reus who plays for Bundesliga club Borussia Dortmund and Germany 150 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 151 Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer 152 Between 1981 and 1983 Panasonic was the shirt sponsor of English football club Nottingham Forest F C citation needed On January 16 2010 Panasonic signed a three year 47 million 518 500 jersey sponsorship deal for the India national football team 153 Other Edit Panasonic was the principal sponsor of the now defunct Toyota Racing Formula One team Hiro Matsushita in 1991 Panasonic was a primary sponsor of Toyota s Formula One program Panasonic Toyota Racing 154 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 155 Bryan Reffner 156 C W Smith 157 and Johnny Benson Jr 158 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 159 Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988 160 Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989 along with Technics 161 Various Panasonic ads appeared at the old Boston Garden during the 1980s On September 8 2016 Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team 162 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 163 Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car 164 Environmental record EditPanasonic 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 165 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 165 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 166 In 2020 Panasonic joined WIPO GREEN as an official partner in an effort to address climate change 167 In February 2022 the Wall Street Journal reported that Panasonic got its highest emitting Chinese factory to virtually net zero carbon dioxide 168 Senior leadership EditChairman Kazuhiro Tsuga since April 2021 President and CEO Yuki Kusumi since April 2021 List of former chairmen Edit Kōnosuke Matsushita 1961 1973 Arataro Takahashi 1973 1977 Masaharu Matsushita 1973 2000 Yoichi Morishita 2000 2006 Kunio Nakamura 2006 2012 Fumio Ōtsubo 2012 2021 List of former presidents and CEOs Edit Kōnosuke Matsushita 1918 1961 Masaharu Matsushita 1961 1977 Toshihiko Yamashita 1977 1986 Akio Tanii 1986 1993 Yoichi Morishita 1993 2000 Kunio Nakamura 2000 2006 Fumio Ōtsubo 2006 2012 Kazuhiro Tsuga 2012 2021 Slogans Edit Just slightly ahead of our time 1970s 1990s 169 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 170 Panasonic The One That I Want 1996 2003 USA What s New by Panasonic 1996 2003 Ideas for Life 2003 2013 Global 171 A Better Life A Better World 2013 present 172 Wonders 2014 present Let s Live Life Better 2017 2018 Live Your Best 2022 173 See also Edit Companies portalList of Panasonic camcorders List of Japanese companies Konosuke Matsushita Masaharu Matsushita Hiro MatsushitaNotes Edit パナソニック ホールディングス株式会社 Panasonikku Hōrudingusu kabushiki gaisha 松下電器産業株式会社 Matsushita Denki Sangyō kabushiki gaisha パナソニック株式会社 Panasonikku kabushiki gaisha ナショナル Nashonaru テクニクス TekunikusuReferences Edit a b c news wbr panasonic wbr com wbr global wbr press wbr data wbr 2022 wbr 02 wbr en220224 8 wbr en220224 8 wbr html 1918 Corporate History holdings panasonic Retrieved December 30 2018 Corporate Profile Archived 27 January 2011 at the Wayback Machine Panasonic Corporation Retrieved February 15 2011 Head Office Location 1006 Oaza Kadoma Kadoma shi Osaka 571 8501 Japan PDF Map Archived April 9 2011 at the Wayback Machine GIF Map Archived January 17 2012 at the Wayback Machine Direct link Archived December 18 2010 at the Wayback Machine MATSUSHITA PROFIT CUT Australian Financial Review November 19 1991 Retrieved July 25 2020 Kunii Irene M July 13 1998 Matsushita The Electronic Giant Wakes Up Bloomberg com Retrieved July 25 2020 Forbes Global 2000 Profile Forbes Archived from the original on February 2 2010 Retrieved January 3 2010 Shida Yoshiyasu July 8 2016 Cushing Christopher ed Panasonic expects to double sales of electric car batteries in three years Reuters Osaka Retrieved January 18 2023 Panasonic Homes Co Ltd Panasonic homes panasonic com Retrieved July 25 2020 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 Japanese Matsushita Electric Becomes Panasonic Corporation Panasonic Corporation October 1 2008 Retrieved October 3 2008 a b Matsushita Electric to Change Name to Panasonic Corporation Panasonic Corporation October 1 2008 Retrieved October 3 2008 Shareholders of Matsushita approve company name change to Panasonic International Herald Tribune June 26 2008 Retrieved October 3 2008 Top 7 Best Ladies Electric Shaver Reviews of 2022 December 3 2020 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 Panasonic History 1927 Square bicycle lamp developed and marketed Panasonic Corporation Archived from the original on October 6 2008 Retrieved October 2 2008 a b c Brand History Panasonic Corporation Archived from the original on November 8 2008 Retrieved October 2 2008 a b 社史 2003年 平成15年 グローバルブランドを Panasonic に統一 in Japanese Panasonic Corporation Retrieved October 2 2008 Panasonic Establishes A Better Life A Better World as its New Brand Slogan Panasonic Corporation Retrieved November 27 2013 PSIDS China Guangdong Hong Kong Macau Archived from the original on May 17 2012 PSIDS 中国 广东 香港 澳门 Archived from the original on September 27 2014 Retrieved December 30 2016 audioXpress Staff audioXpress Panasonic Confirms the Return of Technics Brand Archived 10 January 2017 at the Wayback Machine September 6 2014 Retrieved January 9 2017 Panasonic Corp PCRFF OTC US Bloomberg Businessweek Archived from the original on July 11 2012 Retrieved March 14 2012 Segers Rien January 29 2016 Multinational Management A Casebook on Asia s Global Market Leaders Springer ISBN 9783319230122 Products on Display Archived from the original on February 5 2015 Retrieved July 16 2015 Loveday Eric December 8 2009 Panasonic Approved For 4 6 Billion To Acquire Sanyo To Become World s Largest Li Ion Battery Maker Green Car Reports Retrieved March 10 2017 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 Archived June 22 2008 at the Wayback Machine a b c Suthakar K The man behind Panasonic Tech News The Star Online www thestar com my Archived from the original on January 5 2019 Retrieved January 4 2019 Panasonic Senior Partner Archived from the original on June 12 2010 Retrieved August 26 2011 Howitt Doran July 22 1985 Gas Plasma Price Breakthrough InfoWorld CW Communications 7 29 21 22 History of Panasonic AC aircon panasonic com Panasonic FS A1 MSX Wiki It s a Wrap MCA Sold Matsushita to Pay About 6 6 Billion Los Angeles Times November 26 1990 Retrieved April 14 2013 Who Gets What From MCA Deal The New York Times December 1 1990 Retrieved April 14 2013 Seagram heads for Hollywood Seagram will buy 80 of big studio from Matsushita The New York Times April 7 1995 Retrieved April 14 2013 Matsushita Freed of MCA Reports a Profit The New York Times August 28 1996 Retrieved April 14 2013 Panasonic FS A1GT MSX Wiki Adams James May 2 2002 Panasonic donates 5 million to music city The Globe and Mail Archived from the original on April 17 2020 Administrator System October 13 2002 Consolidating CRTs LG Samsung try to save the CRT Williams Martyn July 27 2006 Panasonic Toshiba venture to shut Malaysia CRT plant Network World Staff C I O July 27 2006 Panasonic Toshiba Venture to Shutter Malaysia CRT Plant CIO Hitachi Matsushita Toshiba cement LCD venture plan ITworld www itworld com UPDATE 1 Matsushita buys stake in CRT venture from Toshiba Reuters March 30 2007 via mobile reuters com Perton Marc January 19 2006 Panasonic exiting analog TV business Engadget Retrieved July 1 2009 Eki Yoshinori Ujikane Keiko December 23 2007 Matsushita Says No Decision on Sale of Victor Shares to Kenwood Bloomberg Archived from the original on September 30 2007 Notice of the Establishment of JVC KENWOOD Holdings Inc PDF www jvckenwood com Archived PDF from the original on September 11 2016 Retrieved August 4 2015 Panasonic aims to take over Sanyo BBC News November 7 2008 Retrieved December 16 2012 Panasonic set to buy rival Sanyo BBC News December 19 2008 Retrieved December 16 2012 Panasonic officially owns Sanyo and boasts the world s largest plasma panel plant now Tech Crunch December 22 2009 Reports Panasonic to cut 40 000 jobs The Jakarta Post April 28 2011 Archived from the original on July 25 2012 Retrieved May 26 2012 Panasonic to trim TV business cut 1 000 jobs Japan Today Japan News and Discussion Japan Today October 20 2011 Retrieved May 26 2012 Haier Sanyo sign merger agreement People s Daily Online en people cn Retrieved July 25 2020 Junko Yoshida EE Times 3 D TV or Myspace TV January 10 2012 Retrieved January 10 2012 Dylan Tweney January 9 2012 Myspace reinvents itself as an entertainment experience with help from Panasonic and Justin Timberlake VentureBeat Retrieved February 23 2012 Panasonic acquires 76 stake in Firepro Systems The Times of India May 11 2012 Retrieved May 26 2012 Panasonic spins off Sanyo DI Solutions keeps the digital camera OEMs happy Engadget Panasonic Falls to 37 Year Low on Wider Loss Target Bloomberg News November 5 2012 Panasonic prepares for garage sale to axe 10 000 jobs Reuters Retrieved November 14 2012 Maierbrugger Arno May 18 2013 Big names ready to enter Vietnam Inside Investor Retrieved June 30 2013 Marja Novak July 5 2013 Panasonic to buy stake in Slovenia s Gorenje Reuters Sony and Panasonic sign basic agreement to jointly develop standard for professional use next generation optical discs Press release Sony Corporation July 29 2013 Retrieved March 21 2014 Panasonic Europe Announce New Operating Company to Expand New Cloud Video Surveillance Service at IFA 2013 Panasonic Business Panasonic UK amp Ireland Archived from the original on July 14 2014 Retrieved June 11 2014 a b Corporation PHC Holdings Announcement of Company Name Change 2017 News PHC Holdings Corporation a b PHC Holdings Corporation Announcement of Company Name Change www businesswire com April 1 2018 Panasonic Tesla agree to partnership for US car battery plant Nikkei Inc July 29 2014 Archived from the original on July 31 2014 Retrieved August 1 2014 Gigafactory battery plant planned by Tesla in tie up with Panasonic San Diego News Net Archived from the original on August 8 2014 Retrieved August 1 2014 Panasonic says initial investment in Tesla battery factory will be tens of billions of yen Reuters October 6 2014 By Anothony Ha TechCrunch Panasonic Partners With Photon To Build Smarter Signs In Stores November 16 2014 November 17 2014 Ritsuko Ando and Lisa Twaronite Reuters Panasonic withdraws from TV production in China source January 31 2015 February 10 2015 By Takashi Mochizuki The Wall Street Journal Panasonic to Buy Houston Based ITC Global March 16 2015 April 6 2015 BizCommunity com Panasonic big plans for Africa and SA April 21 2015 April 21 2015 Giles Parkinson Renew Economy Panasonic signs battery storage deal with 3 Australian utilities June 2 2015 June 3 2015 Energy Global Panasonic to produce catalyst coated diesel particulate filter November 16 2015 November 17 2015 Panasonic Indoor Vegetable Farm Offers More Opportunities for Farm To Table Experience Panasonic Retrieved January 27 2016 Meghan Ottolini CRN Panasonic Partners to Make Denver The Smartest City in America February 18 2016 February 18 2016 Nissan s battery pullout may energize rivals Nikkei August 6 2016 Zacks Equity Research Zacks Tesla Says Panasonic Exclusive Supplier of Model 3 Batteries June 9 2016 June 9 2016 Ramsey Mike January 7 2016 Panasonic Will Bet Big on Gigafactory The Wall Street Journal Golson Jordan July 28 2016 Tesla s entire future depends on the Gigafactory The Verge Retrieved August 8 2016 Panasonic to raise 3 9 billion partly to finance Tesla plant investment finance yahoo com Panasonic releases transparent tv Retrieved October 8 2016 Mobile World Live Panasonic looks to AI acquisitions with 10M fund July 6 2016 July 8 2016 Panasonic to move Europe HQ out of UK BBC News August 30 2018 Retrieved August 30 2018 Staff Our Foreign August 30 2018 Panasonic to move European HQ in London to Netherlands over Brexit concerns The Telegraph ISSN 0307 1235 Archived from the original on January 11 2022 Retrieved August 30 2018 Panasonic Develops Two Models of Its First Full Frame Mirrorless Camera www businesswire com September 25 2018 Retrieved December 28 2018 Chacksfield Marc September 27 2018 Panasonic Lumix S1R and Lumix S full frame mirrorless cameras revealed digitalcameraworld Retrieved December 28 2018 a b Panasonic to sell loss making chip business to Taiwanese firm source The Japan Times November 28 2019 Retrieved July 25 2020 Panasonic to spin off security camera business as costs weigh Nikkei Asian Review Japan s Polaris Capital to acquire 80 of Panasonic s new security business Shilov Anton Panasonic to Cease LCD Production by 2021 www anandtech com Retrieved September 4 2020 Panasonic exits vending machines as market shrinks Nikkei Asian Review 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 GLORY at a Glance GLORY Group Smith Jennifer May 20 2020 Panasonic Takes 20 Stake in Blue Yonder The Wall Street Journal ISSN 0099 9660 Retrieved October 7 2020 Panasonic Transitions to a Holding Company System Headquarters News Panasonic Newsroom Global Retrieved November 19 2020 Saito Mari January 31 2021 Goplakrishnan Raju ed Japan s Panasonic to end solar panel production domestic media Reuters Tokyo Retrieved January 18 2023 Umekawa Takashi Kelly Tim March 8 2021 Heavens Louise Potter Mark eds Panasonic to buy Blue Yonder for 6 5 billion in biggest deal since 2011 Nikkei Reuters Tokyo Retrieved January 18 2023 Inagaki Kana June 25 2021 Panasonic offloads Tesla stake for 3 6bn Financial Times Archived from the original on December 10 2022 Retrieved July 4 2021 Elliott River Davis and Rebecca August 26 2022 WSJ News Exclusive Tesla Supplier Panasonic Plans Additional 4 Billion EV Battery Plant in U S The Wall Street Journal ISSN 0099 9660 Retrieved August 26 2022 2022 1H Global 1 EV amp Battery Performance Review SNE research Retrieved October 1 2022 a b c d Annual Report for the year ended March 31 2012 PDF Panasonic Archived from the original PDF on May 22 2013 Retrieved April 27 2013 World Intellectual Property Indicators PDF World Intellectual Property Indicators World Intellectual Property Organization 2015 Archived PDF from the original on January 22 2016 Retrieved July 8 2019 Japan leads battery tech race with third of patent filings FT September 28 2020 World Intellectual Property Indicators 2021 PDF WIPO Archived PDF from the original on November 8 2021 Retrieved November 30 2021 World Intellectual Property Organization 2020 World Intellectual Property Indicators 2020 www wipo int World IP Indicators WIPI World Intellectual Property Organization WIPO doi 10 34667 tind 42184 ISBN 9789280532012 Retrieved August 26 2021 FY 2021 Q1 Financial Results PDF Panasonic Archived PDF from the original on October 9 2020 Corporate Information Panasonic Homes Co Ltd Panasonic homes panasonic com Retrieved July 25 2020 CORPORATION TOYOTA MOTOR Panasonic and Toyota Confirm Location and Executive Structure of Town Development Joint Venture Corporate Global Newsroom Toyota Motor Corporation Official Global Website Retrieved October 8 2020 Home www panasonic aero Panasonic says its avionics business being probed by U S authorities Reuters February 2 2017 Retrieved February 2 2017 Panasonic to launch waterproof Eluga phone The Telegraph February 21 2012 Archived from the original on January 11 2022 Retrieved April 20 2013 Panasonic to stop making new smartphones for NTT Docomo Kyodo Reuters August 5 2013 Outline Automotive Company Panasonic www panasonic com Retrieved October 7 2020 Panasonic to jump start US battery cell output for Tesla Nikkei Asian Review June 21 2016 Archived from the original on July 10 2016 Retrieved October 23 2016 Osborne Charlie Panasonic to pour billions of yen in Tesla s gigafactory as initial investment ZDNet Retrieved October 7 2020 Lambert Fred October 2 2017 Tesla s battery partner Panasonic increases production in Japan for other automakers Electrek Retrieved October 7 2020 Musk and Tesla shock Panasonic investors with battery ambitions FT October 5 2020 Buckland Kevin February 3 2020 Schmollinger Christian Cushing Christopher eds Toyota Panasonic venture to start EV battery development in April Reuters Tokyo Retrieved January 18 2023 About Us Panasonic US www panasonic com EPA and DOE Announce The 2022 ENERGY STAR Award Winners United States Environmental Protection Agency Press release May 5 2022 Retrieved May 17 2022 Capkun Anthony June 21 2012 Panasonic Eco Solutions aiming for end to end energy solutions Electrical Business Retrieved May 17 2022 Crowell Chris May 24 2018 Panasonic now offering beefed up battery for residential solar storage Solar Builder Retrieved May 17 2022 Naditz Alan April 23 2019 Panasonic EcoSolutions WhisperFresh Select Fresh Air Supply Fan Green Builder Retrieved May 17 2022 Salmonsen Mary June 12 2018 Panasonic s WhisperFresh Select Ventilation Fan Is Balanced for Green Building Builder Retrieved May 17 2022 Panasonic appoints Silver president of Eco Solutions North America Electrical Wholesaling April 4 2014 Retrieved May 17 2022 a b c Masterson Pete December 31 2021 The Next Move For Panasonic s North American Solar Business Heating News Journal Retrieved May 17 2022 a b Thurston Charles W November 29 2018 Panasonic Solar Builds Out National Residential Installer Network CleanTechnica Retrieved May 17 2022 Panasonic Bolsters Premium Solar Panel Installer Program Throughout U S Roofing Contractor February 22 2019 Retrieved May 17 2022 Andorka Frank May 9 2017 Panasonic offers 25 year workmanship warranty on modules PV Magazine USA Retrieved May 17 2022 Fitzgerald Weaver John November 19 2019 Old dog solar panel manufacturer Panasonic learning new home storage tricks PV Magazine USA Retrieved May 17 2022 Crowell Chris November 18 2021 Panasonic debuts outdoor rated EverVolt 2 0 energy storage system with LFP batteries more capacity Solar Builder Solar Builder Retrieved May 17 2022 Company Overview of Panasonic Europe Ltd Bloomberg Businessweek Retrieved April 14 2013 Company Overview of Panasonic Marketing Europe Gmbh Bloomberg Businessweek Retrieved April 14 2013 Panasonic to move Europe HQ out of UK BBC News August 30 2018 Retrieved September 2 2018 a b Panasonic executive says Europe consumer sales hold up Reuters April 9 2013 Retrieved April 20 2013 Panasonic Panasonic Electric Works Archived from the original on December 14 2011 Retrieved May 26 2012 By Liam Stoker Solar Power Portal Panasonic launches virtual solar service to UK consumers May 14 2015 May 14 2015 Corporate Profile panasonic com in It s a Wrap MCA Sold Matsushita to Pay About 6 6 Billion The Los Angeles Times November 26 1990 Retrieved April 14 2013 Who Gets What From MCA Deal The New York Times December 1 1990 Retrieved April 14 2013 Seagram heads for Hollywood Seagram will buy 80 of big studio from Matsushita The New York Times April 7 1995 Retrieved April 14 2013 Matsushita Freed of MCA Reports a Profit The New York Times August 28 1996 Retrieved April 14 2013 BATES JAMES April 7 1995 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 Los Angeles Times ISSN 0458 3035 Retrieved February 27 2018 Reckard E Scott December 9 1996 MCA changes name to Universal Studios Inc Orlando Business Journal Tencent Group Buys 10 of Universal Music for 3 4 Billion Bloomberg com December 31 2019 Retrieved March 19 2021 Panasonic to Sell Semiconductor Business to Nuvoton www anandtech com Retrieved February 8 2021 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 Tower Partners Semiconductor Co Ltd TPSCo Retrieved February 8 2021 Manners David March 2 2015 Socionext formed from Fujitsu and Panasonic SoC businesses Electronics Weekly Retrieved February 8 2021 Annual Report for the year ended March 31 2013 PDF Panasonic Corporation Archived from the original PDF on February 23 2014 Retrieved February 9 2014 Panasonic snaps up Marco Reus as brand ambassador SportsPro Media www sportspromedia com June 13 2013 Panasonic Sponsored Gamba Osaka Football Club Secures Domestic Treble Panasonic Newsroom Global Panasonic Newsroom Global Retrieved February 5 2018 Panasonic renews with MLS adds U S national teams Sports Business Daily October 10 2011 Retrieved April 14 2013 AIFF signs Rs 4 7 crore deal with new sponsor The Times of India January 16 2010 Archived from the original on May 14 2013 Retrieved April 14 2013 Toyota goes virtual to show 2009 F1 car USA Today January 15 2009 Retrieved April 27 2013 2005 Sam s Town 300 Racing Reference Retrieved June 17 2014 2005 SBC 250 Racing Reference Retrieved June 17 2014 2005 Winn Dixie 250 Presented by PepsiCo Racing Reference Retrieved June 17 2014 2005 Domino s Pizza 250 Racing Reference Retrieved June 17 2014 Bruce Kenny June 17 2014 JEFF GORDON ADDS NEW PRIMARY SPONSOR NASCAR Retrieved June 17 2014 Olympic Affiliates Also Go for Gold The New York Times December 15 1987 Retrieved April 14 2013 Join Us www panasonic aero Jaguar names Panasonic as title sponsor of its Formula E team September 8 2016 Retrieved September 8 2016 Basket Panasonic main sponsor Serie A Basketball Panasonic main sponsor of Serie A in Italian February 14 2017 Archived from the original on February 16 2017 Retrieved February 15 2017 SATO CONTINUES TO DRIVE IN ELITE INDYCAR COMPANY www indycar com a b Guide to Greener Electronics Greenpeace International Retrieved November 16 2011 Will Panasonic s hazard pay make a difference to air pollution in China The Guardian April 14 2014 Retrieved July 16 2015 Partners www3 wipo int Retrieved September 19 2022 Dvorak Phred February 12 2022 How One of the World s Biggest Carbon Emitters Got a Factory to Zero Emissions The Wall Street Journal ISSN 0099 9660 Retrieved February 13 2022 Adslogans A fast efficient bespoke search service for advertisers on slogans endlines straplines taglines etc Slogans of the 70s Retrieved July 16 2015 Panasonic celebrates 21st anniversary at computer faire 2002 April 19 2002 2003 Corporate History History About Us Panasonic Panasonic Establishes A Better Life A Better World as its New Brand Slogan Headquarters News Panasonic Newsroom Global news panasonic com Retrieved October 7 2020 Live Your Best About Us Panasonic Holdings holdings panasonic Retrieved April 21 2022 Further reading EditKotter John P 1997 Matsushita Leadership Lessons from the 20th Century s Most Remarkable Entrepreneur New York The Free Press ISBN 9780684834603 OCLC 35620432 External links Edit Wikimedia Commons has media related to Panasonic Official website Retrieved from https en wikipedia org w index php title Panasonic amp oldid 1134309492, wikipedia, wiki, book, books, library,

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