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Wikipedia

Panasonic

April 18, 2024

For other uses, see Panasonic (disambiguation).
Not to be confused with Pensonic Group or Pan Sonic.

Panasonic Holdings Corporation[a] is a Japanese multinational electronics company, headquartered in Kadoma, Osaka, Japan. It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works[b] in Fukushima, Osaka by Kōnosuke Matsushita. In 1935, it was incorporated and renamed Matsushita Electric Industrial Co., Ltd.[c] In 2008, it changed its name to Panasonic Corporation[d]. In 2022, it became a holding company and was renamed.

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 (2008–2023)[1]
Company typePublic
ISINJP3866800000
IndustryConglomerate
FoundedMarch 7, 1918; 106 years ago (1918-03-07)[2]
Osaka, Japan
August 3, 1958; 65 years ago (1958-08-03)[2]
Manila, Philippines
FounderKōnosuke Matsushita
HeadquartersKadoma, Osaka, Japan
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 [jp][3] (president and CEO)
Products
Revenue ¥7.388 trillion (2022)[* 1]
¥357.5 billion (2022)[* 1]
¥255.3 billion (2022)[* 1]
Total assets ¥8.023 trillion (2022)[* 1]
Total equity ¥3.347 trillion (2022)[* 1]
Number of employees
233,391 (2023)[4]
DivisionsPanasonic Corporation of North America (US)
Subsidiaries
List
Website
  • holdings.panasonic (corporate)
  • panasonic.com (consumer)
Footnotes / references
  1. ^ a b c d e "Annual Report 2022" (PDF) (Press release). Panasonic Corporation. September 11, 2020. (PDF) from the original on May 9, 2021. Retrieved June 11, 2022.

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.[5][6][7][8][9] 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 edit

From 1925 to October 1, 2008, the company's corporate name was "Matsushita Electric Industrial Co." (MEI).[10][11] 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".[12][13][14] The name change was approved at the shareholders' meeting on June 26, 2008, after consultation with the Matsushita family.[15][16]

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

Panasonic Corporation currently sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012.[17] It uses the marketing slogan "A Better Life, A Better World". The company has sold products under a number of other brand names during its history.

In 1927, Matsushita adopted the "National"[e] brand name for a new lamp product.[18] In 1955, the company began branding audio speakers and lamps as "PanaSonic" for markets outside of Japan.[19] Further refined to Panasonic, taken from the words "pan" – meaning "all" – and "sonic" – meaning "sound",[20] the brand was created for the Americas because the National brand was already registered by others.[20] Panasonic also sold the first bread machine.[21]

The company began to use the brand name "Technics"[f] in 1965 for audio equipment.[19] The use of multiple brands lasted for some decades.[19] While National had been the premier brand on most Matsushita products, including audio and video, National and Panasonic were combined as National Panasonic in 1988 after the worldwide success of the Panasonic name.[citation needed]

In 1974, Motorola sold its Quasar brand and facilities to Matsushita.[22]

In May 2003, the company announced that Panasonic would become its global brand, and launched the global tagline "Panasonic ideas for life."[23] By March 2004, Matsushita replaced the National name for products and outdoor signboards, except for those in Japan.[23] They would eventually phase out the National brand in Japan by March 2010.[12]

In September 2013, the company adopted a new tagline to better illustrate their vision: "A Better Life, A Better World."[24]

The Chinese company Shun Hing Electric Works and Engineering Co. Ltd (信興電工工程有限公司) has sold imported Panasonic and National branded product under the brand name Rasonic since the Matsushita Electric Industrial era. They have also sold MEI and Panasonic products under their original brand names. In June 1994, Panasonic Shun Hing Industrial Devices Sales (Hong Kong) Co., Ltd. (松下信興機電(香港)有限公司) and Panasonic SH Industrial Sales (Shenzhen) Co., Ltd. (松下電器機電(深圳)有限公司) were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively,[25][26] making Rasonic a product brand for MEI and subsequently the Panasonic Corporation.

In September 2014, Panasonic announced the revival of the Technics brand.[27]

History edit

20th century edit

 
National TV set from 1952

Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets.[28] 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.[29] 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.[30]

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.[31]

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.[32]

Its plant in 1963 produced eight TV sets per minute, accounting for 21.8% of Japan's production of cathode ray tube television sets at the time, the largest share out of any company.[33]

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).[34] The inability to use the National brand name led to the creation of the Panasonic brand in the United States.[34] 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).[34]

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[35] A year later, Panasonic released the Executive Partner, the first affordable portable computer with a plasma display.[36] Around this time the company also introduced inverter air conditioners.[37]

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.[38]

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.[39][40] 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.[41][42]

In 1992, Matsushita made the Panasonic FS-A1GT, the last model of the MSX turbo R computer.[43]

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.[44]

In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Matsushita and Toshiba created in 2002[45]) stopped production of CRTs at its factory in Horseheads, New York.[46] A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses.[47][48][49] In 2007, it bought the venture from Toshiba, eventually ending all production.[50]

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.[51]

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.[52] As of October 1, 2008, JVC and Kenwood merged to create the JVCKenwood Corporation.[53]

On November 3, 2008, Panasonic and Sanyo announced that they were holding merger talks, which eventually resulted in the acquisition of Sanyo by Panasonic.[54][55] The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2 trillion (around $110 billion).[56]

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.[57]

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.[58] Also, it sold some of Sanyo's home appliances business to Haier.[59]

In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV.[60] Myspace TV would allow users to watch live television while chatting with other users on a laptop, tablet or the television itself. With the partnership, Myspace TV would be integrated into Panasonic Viera televisions.[61]

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.[62]

In April 2012, Panasonic spun off Sanyo DI Solutions, a digital camera OEM.[63]

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.[64] On November 14, 2012, Panasonic said it would cut 10,000 jobs and make further divestments.[65]

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.[66]

In July 2013, Panasonic agreed to acquire a 13% stake in the Slovenian household appliance manufacturer Gorenje for around €10 million.[67] That same month, Panasonic signed an agreement with Sony Corporation to develop Archival Disc, described as an optical disc format for long-term data archival purposes.[68]

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.[69]

In 2014, Panasonic Healthcare was bought by KKR. Panasonic Healthcare was later renamed PHC.[70]

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.[71] 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.[72]

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.[73]

In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores.[74]

In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong.[75]

In March 2015, Panasonic announced plans to buy US satellite communication service provider ITC Global.[76]

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.[77]

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.[78]

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.[79]

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.[80]

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.[81]

Due to increased competition from China, Panasonic's Li-ion automotive market share decreased from 47% in 2014 to 34% in 2015.[82] 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.[83] 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.[84] However, after the number of Model 3 reservations became known in April,[85] Panasonic moved production plans forward and announced a bond sale for $US3.86 billion, most of it to be invested in Gigafactory.[86]

In 2016, Panasonic debuted a transparent TV.[87]

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.[88]

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.[89][90]

 
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.[91] 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.[92]

In 2019, Panasonic sold its semiconductors and security systems (security camera) businesses.[93][94][95] 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.[96]

In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals Fuji Electric, Sanden and Glory.[97][98][99]

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.[100]

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.[101] 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.[102][why?]

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.[103]

In June 2021, it was reported that Panasonic sold its entire stake in Tesla for $US3.6 billion.[104]

In August 2022, it was reported that the company, which is a supplier to Tesla, was in discussions to build a new electric vehicle battery plant in the US, with Oklahoma named as a leading contender. This would be on top of the plant planned for Kansas. Each would have similar capacity.[105] 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.[106] Construction of the battery plant in Kansas began in November 2022.[107]

Current operations edit

As of March 31, 2012, Panasonic employed about 330,000 staff (reduced to around 260,000 by March 2020) and had around 580 subsidiaries.[108] 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.[108] 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.[108]

In 2012, Panasonic held a total of 140,146 patents worldwide.[108] Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s.[109] 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.[110] 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.[111] This position is up from their previous ranking as 12th in 2019 with 1,567 applications.[112]

  •  
    The Panasonic Center in Tokyo, Japan
  •  
    The Panasonic IMP Building in Osaka, Japan
  •  
    The Panasonic R&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.[113]

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.[114] 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.[115]

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.[116] 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.[117]

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.[118] 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.[119] 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),[120] 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.[121] 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;[122] 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.[123]

Prime Planet Energy and Solutions edit

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.[124] Panasonic owns 49% of the venture.[125] 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

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;[126] 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,[127] a business unit of Panasonic North America, distributes renewable energy products in the United States and Canada. Established in 2012,[128] Panasonic Eco Systems sells renewable energy systems and home energy management products, including high efficiency solar panels, battery storage systems,[129] and indoor air quality products.[130][131] It also distributes cordless assembly tools used on factory assembly lines.[132] In 2016, the company began expanding its network of residential solar installers to market Panasonic Solar HIT (heterojunction with intrinsic thin layer[133]) panels and battery storage nationally,[134] reaching 150 authorized installers by November 2018.[135][134] 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.[136] In 2019, Panasonic introduced its EverVolt brand of solar and battery storage products.[137][133] The company transitioned its solar panel manufacturing to OEMs in early 2021 to focus on offering a wider range of products.[133] Later that year, Panasonic debuted the EverVolt 2.0 energy storage system rated for outdoor use.[138]

Panasonic Europe edit

Panasonic's principal subsidiaries in Europe are Panasonic Europe Ltd.[139] and Panasonic Marketing Europe GmbH.[140] Panasonic Europe is headquartered in London, England, but it is moving its headquarters to Amsterdam, Netherlands due to Brexit.[141] Panasonic employs around 12,000 people in Europe, and the region generates around 10 percent of its total revenues.[142] 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).[142]

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.[143]

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.[144]

Panasonic India edit

Mr. Daizo Ito serves as Group President for Panasonic Regional Headquarters India (situated in Haryana) at Panasonic India Pvt. Ltd.[145] 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 edit

MCA Inc. edit

Matsushita bought American media company MCA Inc. for US$6.6 billion.[146][147] In 1995, it sold 80% of MCA's shares to Canadian drink company Seagram.[148][149][150] MCA was renamed Universal Studios Inc. in 1996,[151] 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.[152]

Panasonic 3DO edit

Main article: 3DO Interactive Multiplayer

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

Panasonic Healthcare 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.[153][154]

Panasonic Semiconductor Solutions edit

Panasonic had been in the semiconductor industry since 1957,[155] 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,[156] and the system-on-a-chip designing unit to Panasonic/Fujitsu joint venture Socionext.[157]

In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.[93]

Products edit

Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers(Matsushita JR series, Let's Note [jp]), 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.[158] Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic.

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    R-31 tube radio
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    A Panasonic Lumix camera
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    Panasonic camcorder VHS-C
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    A Panasonic Toughbook field computer
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    A Panasonic mobile phone
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    A display of Panasonic televisions
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    Technics headphones

Sponsorships edit

Football edit

Panasonic sponsors the German footballer Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany.[159]

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.[160]

Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer.[161]

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.[162]

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.[163] 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,[164] Bryan Reffner,[165] C.W. Smith,[166] and Johnny Benson Jr.[167] 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. .[168]

Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988.[169]

Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989, along with Technics.[170] Various Panasonic ads appeared at the old Boston Garden during the 1980s.

Panasonic is the current sponsor for the ride Monsters, Inc. Ride & Go Seek at Tokyo Disneyland Park. It opened in 2009.

On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team.[171]

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.[172]

Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car.[173]

Environmental record edit

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.[174] 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.[174]

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.[175]

In 2020, Panasonic joined WIPO GREEN as an official partner in an effort to address climate change.[176]

In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to "virtually net zero" carbon dioxide.[177]

Senior leadership edit

  • Chairman: Kazuhiro Tsuga (since April 2021)
  • President and CEO: Yuki Kusumi [jp] (since April 2021)

List of former chairmen edit

  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 edit

  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 edit

  • "Just slightly ahead of our time" (1970s–1990s)[178]
  • "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)[179]
  • "Panasonic, The One That I Want" (1996–2003, USA)
  • "What's New by Panasonic" (1996–2003)
  • "Ideas for Life" (2003–2013, Global)[180]
  • "A Better Life, A Better World" (2013–2023)[181]
  • "Wonders!" (2014–2017, Japan)
  • "Let's Live Life Better" (2017–2018, Indonesia)
  • "Live Your Best" (2022–present, Global)[182]
  • "Create Today. Enrich Tomorrow." (2022–present)[183]
  • "Make New" (2023–present, Japan)[184]

See also edit

Notes edit

  1. ^ パナソニック ホールディングス株式会社, Panasonikku Hōrudingusu Kabushiki gaisha
  2. ^ 松下電気器具製作所
  3. ^ 松下電器産業株式会社
  4. ^ パナソニック株式会社
  5. ^ ナショナル, Nashonaru
  6. ^ テクニクス, Tekunikusu

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April 18, 2024
panasonic, other, uses, disambiguation, confused, with, pensonic, group, sonic, holdings, corporation, japanese, multinational, electronics, company, headquartered, kadoma, osaka, japan, founded, 1918, matsushita, electric, housewares, manufacturing, works, fu. For other uses see Panasonic disambiguation Not to be confused with Pensonic Group or Pan Sonic Panasonic Holdings Corporation a is a Japanese multinational electronics company headquartered in Kadoma Osaka Japan It was founded in 1918 as Matsushita Electric Housewares Manufacturing Works b in Fukushima Osaka by Kōnosuke Matsushita In 1935 it was incorporated and renamed Matsushita Electric Industrial Co Ltd c In 2008 it changed its name to Panasonic Corporation d In 2022 it became a holding company and was renamed 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 2023 1 Company typePublicTraded asTYO 6752NAG 6752NYSE MC former Nikkei 225 component TYO TOPIX Large70 component TYO ISINJP3866800000IndustryConglomerateFoundedMarch 7 1918 106 years ago 1918 03 07 2 Osaka JapanAugust 3 1958 65 years ago 1958 08 03 2 Manila PhilippinesFounderKōnosuke MatsushitaHeadquartersKadoma Osaka Japan34 44 38 N 135 34 12 E 34 7438 N 135 5701 E 34 7438 135 5701Area servedWorldwideKey peopleKazuhiro Tsuga chairman Yuki Kusumi jp 3 president and CEO ProductsArtificial intelligenceAutomationConstructionElectrical equipmentsElectronicsEntertainmentFansHome appliancesIndustrial equipmentsIoTLightingPersonal computersReal estateRechargeable batteriesRoboticsSoftwareRevenue 7 388 trillion 2022 1 Operating income 357 5 billion 2022 1 Net income 255 3 billion 2022 1 Total assets 8 023 trillion 2022 1 Total equity 3 347 trillion 2022 1 Number of employees233 391 2023 4 DivisionsPanasonic Corporation of North America US SubsidiariesList Panasonic CorporationPanasonic Automotive SystemsPanasonic Entertainment amp CommunicationPanasonic Housing SolutionsPanasonic ConnectPanasonic IndustryPanasonic EnergyPanasonic Operational ExcellenceAnchor ElectricalsPanasonic Ecology SystemsPanasonic Electric WorksPanasonic Avionics CorporationSanyo Electric Co Ltd Blue YonderWebsiteholdings panasonic corporate panasonic com consumer Footnotes references a b c d e Annual Report 2022 PDF Press release Panasonic Corporation September 11 2020 Archived PDF from the original on May 9 2021 Retrieved June 11 2022 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 5 6 7 8 9 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 1925 to October 1 2008 the company s corporate name was Matsushita Electric Industrial Co MEI 10 11 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 12 13 14 The name change was approved at the shareholders meeting on June 26 2008 after consultation with the Matsushita family 15 16 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 editPanasonic Corporation currently sells virtually all of its products and services worldwide under the Panasonic brand having phased out the Sanyo brand in the first quarter of 2012 17 It uses the marketing slogan A Better Life A Better World The company has sold products under a number of other brand names during its history In 1927 Matsushita adopted the National e brand name for a new lamp product 18 In 1955 the company began branding audio speakers and lamps as PanaSonic for markets outside of Japan 19 Further refined to Panasonic taken from the words pan meaning all and sonic meaning sound 20 the brand was created for the Americas because the National brand was already registered by others 20 Panasonic also sold the first bread machine 21 The company began to use the brand name Technics f in 1965 for audio equipment 19 The use of multiple brands lasted for some decades 19 While National had been the premier brand on most Matsushita products including audio and video National and Panasonic were combined as National Panasonic in 1988 after the worldwide success of the Panasonic name citation needed In 1974 Motorola sold its Quasar brand and facilities to Matsushita 22 In May 2003 the company announced that Panasonic would become its global brand and launched the global tagline Panasonic ideas for life 23 By March 2004 Matsushita replaced the National name for products and outdoor signboards except for those in Japan 23 They would eventually phase out the National brand in Japan by March 2010 12 In September 2013 the company adopted a new tagline to better illustrate their vision A Better Life A Better World 24 The Chinese company Shun Hing Electric Works and Engineering Co Ltd 信興電工工程有限公司 has sold imported Panasonic and National branded product under the brand name Rasonic since the Matsushita Electric Industrial era They have also sold MEI and Panasonic products under their original brand names In June 1994 Panasonic Shun Hing Industrial Devices Sales Hong Kong Co Ltd 松下信興機電 香港 有限公司 and Panasonic SH Industrial Sales Shenzhen Co Ltd 松下電器機電 深圳 有限公司 were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively 25 26 making Rasonic a product brand for MEI and subsequently the Panasonic Corporation In September 2014 Panasonic announced the revival of the Technics brand 27 History edit20th century edit nbsp National TV set from 1952 Panasonic then Matsushita Electric was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets 28 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 29 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 30 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 31 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 32 Its plant in 1963 produced eight TV sets per minute accounting for 21 8 of Japan s production of cathode ray tube television sets at the time the largest share out of any company 33 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 34 The inability to use the National brand name led to the creation of the Panasonic brand in the United States 34 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 34 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 35 A year later Panasonic released the Executive Partner the first affordable portable computer with a plasma display 36 Around this time the company also introduced inverter air conditioners 37 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 38 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 39 40 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 41 42 In 1992 Matsushita made the Panasonic FS A1GT the last model of the MSX turbo R computer 43 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 44 In 2005 Matsushita Toshiba Picture Display Co Ltd a joint venture between Matsushita and Toshiba created in 2002 45 stopped production of CRTs at its factory in Horseheads New York 46 A year later in 2006 it stopped production at its Malaysian factory following heavy losses 47 48 49 In 2007 it bought the venture from Toshiba eventually ending all production 50 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 51 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 52 As of October 1 2008 JVC and Kenwood merged to create the JVCKenwood Corporation 53 On November 3 2008 Panasonic and Sanyo announced that they were holding merger talks which eventually resulted in the acquisition of Sanyo by Panasonic 54 55 The merger was completed in December 2009 and resulted in a corporation with revenues of over 11 2 trillion around 110 billion 56 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 57 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 58 Also it sold some of Sanyo s home appliances business to Haier 59 In January 2012 Panasonic announced that it had struck a deal with Myspace on its new venture Myspace TV 60 Myspace TV would allow users to watch live television while chatting with other users on a laptop tablet or the television itself With the partnership Myspace TV would be integrated into Panasonic Viera televisions 61 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 62 In April 2012 Panasonic spun off Sanyo DI Solutions a digital camera OEM 63 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 64 On November 14 2012 Panasonic said it would cut 10 000 jobs and make further divestments 65 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 66 In July 2013 Panasonic agreed to acquire a 13 stake in the Slovenian household appliance manufacturer Gorenje for around 10 million 67 That same month Panasonic signed an agreement with Sony Corporation to develop Archival Disc described as an optical disc format for long term data archival purposes 68 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 69 In 2014 Panasonic Healthcare was bought by KKR Panasonic Healthcare was later renamed PHC 70 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 71 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 72 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 73 In November 2014 Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores 74 In January 2015 Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong 75 In March 2015 Panasonic announced plans to buy US satellite communication service provider ITC Global 76 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 77 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 78 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 79 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 80 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 81 Due to increased competition from China Panasonic s Li ion automotive market share decreased from 47 in 2014 to 34 in 2015 82 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 83 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 84 However after the number of Model 3 reservations became known in April 85 Panasonic moved production plans forward and announced a bond sale for US3 86 billion most of it to be invested in Gigafactory 86 In 2016 Panasonic debuted a transparent TV 87 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 88 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 89 90 nbsp 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 91 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 92 In 2019 Panasonic sold its semiconductors and security systems security camera businesses 93 94 95 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 96 In 2020 Panasonic exited the vending machine business as it failed to achieve profitability lagging behind rivals Fuji Electric Sanden and Glory 97 98 99 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 100 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 101 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 102 why 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 103 In June 2021 it was reported that Panasonic sold its entire stake in Tesla for US3 6 billion 104 In August 2022 it was reported that the company which is a supplier to Tesla was in discussions to build a new electric vehicle battery plant in the US with Oklahoma named as a leading contender This would be on top of the plant planned for Kansas Each would have similar capacity 105 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 106 Construction of the battery plant in Kansas began in November 2022 107 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 108 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 108 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 108 In 2012 Panasonic held a total of 140 146 patents worldwide 108 Panasonic was the world s top patent applicant for three decades from the 1980s to the 2000s 109 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 110 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 111 This position is up from their previous ranking as 12th in 2019 with 1 567 applications 112 nbsp The Panasonic Center in Tokyo Japan nbsp The Panasonic IMP Building in Osaka Japan nbsp The Panasonic R amp D facility at Yokosuka Research Park Japan nbsp 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 113 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 114 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 115 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 116 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 117 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 118 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 119 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 120 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 121 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 122 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 123 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 124 Panasonic owns 49 of the venture 125 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 126 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 127 a business unit of Panasonic North America distributes renewable energy products in the United States and Canada Established in 2012 128 Panasonic Eco Systems sells renewable energy systems and home energy management products including high efficiency solar panels battery storage systems 129 and indoor air quality products 130 131 It also distributes cordless assembly tools used on factory assembly lines 132 In 2016 the company began expanding its network of residential solar installers to market Panasonic Solar HIT heterojunction with intrinsic thin layer 133 panels and battery storage nationally 134 reaching 150 authorized installers by November 2018 135 134 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 136 In 2019 Panasonic introduced its EverVolt brand of solar and battery storage products 137 133 The company transitioned its solar panel manufacturing to OEMs in early 2021 to focus on offering a wider range of products 133 Later that year Panasonic debuted the EverVolt 2 0 energy storage system rated for outdoor use 138 Panasonic Europe edit Panasonic s principal subsidiaries in Europe are Panasonic Europe Ltd 139 and Panasonic Marketing Europe GmbH 140 Panasonic Europe is headquartered in London England but it is moving its headquarters to Amsterdam Netherlands due to Brexit 141 Panasonic employs around 12 000 people in Europe and the region generates around 10 percent of its total revenues 142 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 142 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 143 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 144 Panasonic India edit Mr Daizo Ito serves as Group President for Panasonic Regional Headquarters India situated in Haryana at Panasonic India Pvt Ltd 145 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 146 147 In 1995 it sold 80 of MCA s shares to Canadian drink company Seagram 148 149 150 MCA was renamed Universal Studios Inc in 1996 151 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 152 Panasonic 3DO edit Main article 3DO Interactive Multiplayer Panasonic manufactured their 3DO gaming systems from 1993 to 1996 alongside GoldStar and Sanyo however it was not a success There were a total of 2 million systems sold during its lifespan although it is not known how many of these were sold by each manufacturer Panasonic obtained exclusive rights to manufacture the 3DO s successor console the M2 but ultimately backed out of releasing it due to the highly competitive state of the console gaming market at that time Panasonic Healthcare 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 153 154 Panasonic Semiconductor Solutions edit Panasonic had been in the semiconductor industry since 1957 155 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 156 and the system on a chip designing unit to Panasonic Fujitsu joint venture Socionext 157 In 2019 Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses 93 Products editPanasonic has offered a wide range of products and services including air conditioners refrigerators washing machines compressors lighting televisions personal computers Matsushita JR series Let s Note jp 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 158 Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic nbsp R 31 tube radio nbsp A Panasonic Lumix camera nbsp Panasonic camcorder VHS C nbsp A Panasonic Toughbook field computer nbsp A Panasonic mobile phone nbsp A display of Panasonic televisions nbsp Technics headphonesSponsorships editFootball edit Panasonic sponsors the German footballer Marco Reus who plays for Bundesliga club Borussia Dortmund and Germany 159 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 160 Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer 161 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 162 Other edit nbsp Panasonic was the principal sponsor of the now defunct Toyota Racing Formula One team nbsp Hiro Matsushita in 1991 Panasonic was a primary sponsor of Toyota s Formula One program Panasonic Toyota Racing 163 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 164 Bryan Reffner 165 C W Smith 166 and Johnny Benson Jr 167 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 168 Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988 169 Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989 along with Technics 170 Various Panasonic ads appeared at the old Boston Garden during the 1980s Panasonic is the current sponsor for the ride Monsters Inc Ride amp Go Seek at Tokyo Disneyland Park It opened in 2009 On September 8 2016 Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team 171 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 172 Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car 173 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 174 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 174 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 175 In 2020 Panasonic joined WIPO GREEN as an official partner in an effort to address climate change 176 In February 2022 the Wall Street Journal reported that Panasonic got its highest emitting Chinese factory to virtually net zero carbon dioxide 177 Senior leadership editChairman Kazuhiro Tsuga since April 2021 President and CEO Yuki Kusumi jp 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 178 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 179 Panasonic The One That I Want 1996 2003 USA What s New by Panasonic 1996 2003 Ideas for Life 2003 2013 Global 180 A Better Life A Better World 2013 2023 181 Wonders 2014 2017 Japan Let s Live Life Better 2017 2018 Indonesia Live Your Best 2022 present Global 182 Create Today Enrich Tomorrow 2022 present 183 Make New 2023 present Japan 184 See also editPortals nbsp Companies nbsp Telecommunication nbsp Electronics nbsp Technology List of Panasonic camcorders List of companies of Japan Konosuke Matsushita Masaharu Matsushita Hiro Matsushita Panasonic Cycle TechnologyNotes edit パナソニック ホールディングス株式会社 Panasonikku Hōrudingusu Kabushiki gaisha 松下電気器具製作所 松下電器産業株式会社 パナソニック株式会社 ナショナル Nashonaru テクニクス TekunikusuReferences edit a b news wbr panasonic wbr com wbr global wbr press wbr data wbr 2022 wbr 02 wbr en220224 8 wbr en220224 8 wbr html a b 1918 Corporate History Panasonic Retrieved December 30 2018 Group CEO s Message Retrieved January 11 2024 About Panasonic 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 What s In A Name For Matsushita Forbes January 11 2008 Retrieved June 3 2012 Matsushita confident rebranding will boost its global standing The Japan Times February 26 2008 Retrieved June 3 2012 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 Archived from the original on January 27 2021 Retrieved December 28 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 Brand History Panasonic Corporation Archived from the original on June 14 2012 Retrieved June 3 2012 See the case study of the breadmaker s development as an example of knowledge management and innovation in Nonaka I and Takeuchi H 1995 The Knowledge Creating Company Oxford University Press Hayes Thomas C October 16 1981 The Japanese Way at Quasar The New York Times Retrieved March 25 2016 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 dead link 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 8 TV SETS IN 60 SECONDS The Straits Times retrieved from NLB June 1 1963 Retrieved August 10 2023 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 7 29 CW Communications 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 Globe amp Mail Archived from the original on April 17 2020 Administrator System October 13 2002 Consolidating CRTs Archived from the original on August 10 2020 Retrieved January 8 2020 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 Archived from the original on October 21 2020 Retrieved January 8 2020 Hitachi Matsushita Toshiba cement LCD venture plan ITworld www itworld com Archived from the original on May 13 2020 Retrieved January 4 2020 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 News 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 Archived from the original on August 6 2020 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 Times of India May 11 2012 Retrieved May 26 2012 Panasonic spins off Sanyo DI Solutions keeps the digital camera OEMs happy Engadget July 19 2019 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 https asia nikkei com Business Markets IPO Japan s PHC announces 1 8 billion IPO on Tokyo bourse dead link 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 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 July 29 2016 Panasonic releases transparent tv October 7 2016 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 Panasonic to move European HQ in London to Netherlands over Brexit concerns The Telegraph August 30 2018 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 Business Wire September 25 2018 Retrieved December 28 2018 Chacksfield Marc September 27 2018 Panasonic Lumix S1R and Lumix S full frame mirrorless cameras revealed Digital Camera World 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 Fujino Itsuro May 31 2019 Panasonic to spin off security camera business as costs weigh Nikkei Asian Review Mosqueda Mars W Jr June 4 2019 Japan s Polaris Capital to acquire 80 stake in Panasonic s spinoff business DealStreetAsia Shilov Anton November 26 2019 Panasonic to Cease LCD Production by 2021 AnandTech Retrieved September 4 2020 Iwato Hisashi February 29 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 Hawkins Andrew J November 2 2022 Panasonic breaks ground on 4 billion EV battery plant in Kansas The Verge 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 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 Archived from the original on May 1 2013 Retrieved April 14 2013 Company Overview of Panasonic Marketing Europe Gmbh Bloomberg Businessweek Archived from the original on May 1 2013 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 Pfeiffer Thomas December 31 2019 Tencent Group Buys 10 of Universal Music for 3 4 Billion Bloomberg com Retrieved March 19 2021 Announcement of Company Name Change PHC Holdings Corporation April 3 2017 PHC Holdings Corporation Announcement of Company Name Change Business Wire April 1 2018 Shilov Anton November 29 2019 Panasonic to Sell Semiconductor Business to Nuvoton AnandTech 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 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 Panasonic unveils its new Brand Action Slogan Create Today Enrich Tomorrow Panasonic Middle East January 26 2023 Retrieved November 24 2023 変革の意志を未来へつなぐアクションワード Make New を策定 Formulated action words Make New to connect the will for change to the future Panasonic Newsroom Japan April 28 2023 Retrieved November 24 2023 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 nbsp Wikimedia Commons has media related to Panasonic Official website Panasonic website Retrieved from https en wikipedia org w index php title Panasonic amp oldid 1219415104 Panasonic Corporation of North America, wikipedia, wiki, book, books, library,

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