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formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma,
Osaka is a Cities designated by government ordinance of Japan, designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the List of cities in Japan, third most populous city in Ja ...
. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer. In addition to
consumer electronics Consumer electronics or home electronics are electronic ( analog or digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment Entertainment is a form of ac ...
, 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 A rechargeable battery, storage battery, or secondary cell (formally a type of Accumulator (energy), energy accumulator), is a type of electrical battery which can be charged, discharged into a load, and recharged many times, as opposed to ...
, automotive and avionic systems, industrial systems, as well as home renovation and construction. Panasonic has a primary listing on the
Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ...
and is a constituent of the
Nikkei 225 The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 19 ...
and TOPIX 100 indices. It has a secondary listing on the Nagoya Stock Exchange.


Corporate name

From 1935 to October 1, 2008, the company's corporate name was "Matsushita Electric Industrial Co." (MEI). 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". The name change was approved at the shareholders' meeting on June 26, 2008, after consultation with the Matsushita family. In 2022, Panasonic announced a reorganization plan which split the company into Panasonic Holdings Corporation (the former Panasonic Corporation) and conversion of its divisions into subsidiaries; the Lifestyle Updates Business Division being the division that took the Panasonic Corporation name after the reorganization. The reorganization took effect on April 1, 2022.


Brand names

Panasonic Corporation sells virtually all of its products and services worldwide under the
Panasonic formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation, headquartered in Kadoma, Osaka, Kadoma, Osaka P ...
brand, having phased out the
Sanyo , stylized as SANYO, is a Japanese electronics company and formerly a member of the Fortune Global 500, ''Fortune'' Global 500 whose headquarters was located in Moriguchi, Osaka, Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiari ...
brand in the first quarter of 2012. The company has sold products under a number of other brand names during its history. In 1927, Matsushita adopted the brand name for a new lamp product. In 1955, the company began branding audio speakers and lamps for markets outside Japan as "''PanaSonic''", which was the first time it used the "Panasonic" brand name. The company began to use the brand name in 1965 for audio equipment. The use of multiple brands lasted for some decades. While "National" had been the premier brand on most Matsushita products, including audio and video, "National" and "Panasonic" were combined in 1988 as National Panasonic after the worldwide success of the
Panasonic formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation, headquartered in Kadoma, Osaka, Kadoma, Osaka P ...
name. In May 2003, the company announced that "Panasonic" would become its global brand, and launched the global tagline "Panasonic ideas for life." The company began to unify its brands to "Panasonic" and, by March 2004, replaced "National" for products and outdoor signboards, except for those in Japan. In January 2008, the company announced that it would phase out the brand "National" in Japan, replacing it with the global brand "Panasonic" by March 2010. In September 2013, the company announced a revision of the decade-old tagline to better illustrate the company vision: "A Better Life, A Better World." Rasonic is a brand name of Shun Hing Electric Works and Engineering Co. Ltd (信興電工工程有限公司), a company that has imported Panasonic and National branded product since Matsushita Electric Industrial era, and has also sold MEI/Panasonic products under the original brand names. In June 1994, Panasonic Shun Hing Industrial Devices Sales (Hong Kong) Co., Ltd. (松下信興機電(香港)有限公司) and Panasonic SH Industrial Sales (Shenzhen) Co., Ltd. (松下電器機電(深圳)有限公司) were established by joint venture between Matsushita Electric Industrial and Shun Hing Group respectively, making Rasonic a product brand for MEI and subsequent Panasonic Corporation. In September 2014, Panasonic announced they will revive the Technics brand.


History


20th century

Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. In the 1920s, Matsushita began regularly launching products. In 1927, he produced a line of
bicycle A bicycle, also called a pedal cycle, bike or cycle, is a human-powered or motor-powered assisted, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. A is called a cyclist, or bicyclist. ...
lamps that were the first to be marketed with the '' National'' brand name. During
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
, 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 tube A vacuum tube, electron tube, valve (British usage), or tube (North America), is a device that controls electric current flow in a high vacuum between electrodes to which an electric voltage, potential difference has been applied. The type kn ...
s. 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 A is a set of companies with interlocking business relationships and shareholdings. In the legal sense, it is a type of informal business group that are loosely organized alliances within the social world of Japan's business community. The '' ...
'' 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 , stylized as SANYO, is a Japanese electronics company and formerly a member of the Fortune Global 500, ''Fortune'' Global 500 whose headquarters was located in Moriguchi, Osaka, Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiari ...
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. In 1961, Matsushita traveled to the United States and met American dealers. The company began producing television sets for the U.S. market under the ''Panasonic'' brand name, and expanded the use of the brand to Europe in 1979.Panasonic expands use of Panasonic brand name globally
in April 2003. /* Introduction */ Shahid Kapoor was the brand ambassador for Panasonic India from 2005 to 2010. Now Ranbir Kapoor has taken over along with Katrina Kaif
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). The inability to use the National brand name led to the creation of the Panasonic brand in the United States. Over the next several decades, Matsushita released additional products, including black and white TVs (1952), electrical blenders, fridges (1953),
rice cooker A rice cooker or rice steamer is an automated kitchen appliance designed to boil or steam rice. It consists of a heat source, a cooking bowl, and a thermostat. The thermostat measures the temperature of the cooking bowl and controls the heat. ...
s (1959), color TVs, and
microwave oven A microwave oven (commonly referred to as a microwave) is an electric oven that heats and cooks food by exposing it to electromagnetic spectrum, electromagnetic radiation in the microwave frequency range. This induces Dipole#Molecular dipoles, ...
s (1966). The company debuted a high-fidelity audio speaker in Japan in 1965 with the brand ''Technics''. This line of high quality stereo components became a worldwide favorite, the most famous products being its turntables, such as the SL-1200 record player, known for its high-performance, precision and durability. Throughout the 1970s and early 1980s, Matsushita continued to produce high-quality specialized electronics for niche markets, such as shortwave radios, and developed its successful line of stereo receivers, CD players and other components. 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 IBM PC compatible computers are similar to the original IBM Personal Computer, IBM PC, IBM Personal Computer XT, XT, and IBM Personal Computer/AT, AT, all from computer giant IBM, that are able to use the same software and expansion cards. Such ...
Japanese-made computer A year later, Panasonic released the Executive Partner, the first affordable portable computer with a
plasma display A plasma display panel (PDP) is a type of flat panel display that uses small cells containing Plasma (physics), plasma: ionized gas that responds to electric fields. Plasma televisions were the first large (over 32 inches diagonal) flat panel displ ...
. Around this time the company also introduced inverter air conditioners. In 1984, Matsushita established the ''Panasoft'' software label, which published software for
MSX MSX is a standardized home computer architecture, announced by Microsoft and ASCII Corporation on June 16, 1983. It was initially conceived by Microsoft as a product for the Eastern sector, and jointly marketed by Kazuhiko Nishi, then vice-pr ...
computers from 1984 to 1989. The company also manufactured MSX computers of their own, such as Panasonic FS-A1. In November 1990, Matsushita agreed to acquire an American media company, MCA Inc., the predecessor of both
Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch– American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and i ...
and
Universal Pictures Universal Pictures (legally Universal City Studios LLC, also known as Universal Studios, or simply Universal; common metonym: Uni, and formerly named Universal Film Manufacturing Company and Universal-International Pictures Inc.) is an Americ ...
, for US$6.59 billion. The acquisition was preceded by the takeover of
Columbia Pictures Columbia Pictures Industries, Inc. is an American film production studio that is a member of the Sony Pictures Motion Picture Group, a division of Sony Pictures, Sony Pictures Entertainment, which is one of the Major film studios, Big Five stud ...
by
Sony , commonly stylized as SONY, is a Japanese Multinational corporation, multinational conglomerate (company), conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's la ...
, the arch rival of Matsushita. 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 Videotape is magnetic tape used for storing video and usually Sound recording and reproduction, sound in addition. Information stored can be in the form of either an analog signal, analog or Digital signal (signal processing), digital signal. Vi ...
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. In 1992, Matsushita made the Panasonic FS-A1GT, the last model of the MSX turbo R computer. In 1998, Matsushita sold Anam National to Anam Electronics.


2000 to present

On May 2, 2002, Panasonic Canada marked its 35th anniversary in that country by giving $5 million to help build a "music city" on Toronto's waterfront. In 2005, Matsushita Toshiba Picture Display Co. Ltd. (a joint venture between Matsushita and
Toshiba , commonly known as Toshiba and stylized as TOSHIBA, is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation headquartered in Minato, Tokyo, Minato, Tokyo, Japan. Its diversified products and serv ...
created in 2002) stopped production of CRTs at its factory in Horseheads, New York. A year later, in 2006, it stopped production at its Malaysian factory, following heavy losses. In 2007, it bought the venture from Toshiba, eventually ending all production. 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. 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. As of October 1, 2008, JVC and Kenwood merged to create the JVCKenwood Corporation. On November 3, 2008, Panasonic and
Sanyo , stylized as SANYO, is a Japanese electronics company and formerly a member of the Fortune Global 500, ''Fortune'' Global 500 whose headquarters was located in Moriguchi, Osaka, Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiari ...
announced that they were holding merger talks, which eventually resulted in the acquisition of Sanyo by Panasonic. The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2 trillion (around $110 billion). 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 display A plasma display panel (PDP) is a type of flat panel display that uses small cells containing Plasma (physics), plasma: ionized gas that responds to electric fields. Plasma televisions were the first large (over 32 inches diagonal) flat panel displ ...
s. 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. 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 file:Amagasaki Castle Tenshu 20181125.jpg, 270px, Amagasaki Castle file:Amagasaki city center area Aerial photograph.1985.jpg, 270px, Aerial view of Amagasaki city center file:Amagasaki st03s3000.jpg, 270px, Amagasaki Station is an industrial Citi ...
, Hyogo Prefecture by March 2012, cutting 1,000 jobs in the process. Also, it sold some of Sanyo's home appliances business to Haier. In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV. Myspace TV will allow users to watch live television while chatting with other users on a laptop, tablet or the television itself. With the partnership, Myspace TV will be integrated into Panasonic Viera televisions. 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. In April 2012, Panasonic spun off Sanyo DI Solutions, a digital camera OEM. 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. On November 14, 2012, Panasonic said it would cut 10,000 jobs and make further divestments. On May 18, 2013, Panasonic announced that it would invest $US40 million in building a factory in Binh Duong,
Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making it ...
, which was completed in 2014. In July 2013, Panasonic agreed to acquire a 13% stake in the Slovenian household appliance manufacturer Gorenje for around €10 million. In July 2013, Panasonic signed an agreement with Sony Corporation to develop Archival Disc, described as an
optical disc In computing and optical disc recording technologies, an optical disc (OD) is a flat, usually circular disc that encodes binary data (bits) in the form of Compact disk#Physical details, pits and lands on a special material, often aluminum, ...
format for long-term data archival purposes. 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. In 2014, Panasonic Healthcare was bought by outside investors. Panasonic Healthcare was later renamed as PHCHD, which stands for Panasonic HealthCare HD. In July 2014, it was announced that Panasonic has reached a basic agreement with
Tesla Motors Tesla, Inc. ( or ) is an American multinational automotive and clean energy company headquartered in Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travi ...
to participate in the Gigafactory, the battery plant that the American electric vehicle manufacturer plans to build in the U.S. 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 Nevada ( ; ) is a U.S. state, state in the Western United States, Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. N ...
,
Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a U.S. state, state in the Southwestern United States. It is the list of U.S. states and territories by area, 6th largest and the list of U.S. states and territories by population, 14 ...
,
Texas Texas (, ; Spanish language, Spanish: ''Texas'', ''Tejas'') is a state in the South Central United States, South Central region of the United States. At 268,596 square miles (695,662 km2), and with more than 29.1 million residents in 2 ...
,
New Mexico ) , population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano) , seat = Santa Fe, New Mexico, Santa Fe , LargestCity = Albuquerque, New Mexico, Albuquerque , LargestMetro = Albuquerque metropolitan area, Tiguex , Offi ...
and California. In October 2014, Panasonic announced its initial investment in
Tesla Motors Tesla, Inc. ( or ) is an American multinational automotive and clean energy company headquartered in Austin, Texas Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travi ...
’ battery factory would amount to "tens of billions" of yen, according to the firm's CEO. In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores. In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong. In March 2015, Panasonic announced plans to buy US satellite communication service provider ITC Global. 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. 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. 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. 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. In February 2016, Panasonic and the City of
Denver Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unite ...
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. Due to increased competition from China, Panasonic's Li-ion automotive market share decreased from 47% in 2014 to 34% in 2015. 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. In early 2016, Panasonic president
Kazuhiro Tsuga Kazuhiro Tsuga is the current President of Panasonic. Early life and education Tsuga studied at Osaka University and graduated in 1979 with a B.S. in bioengineering. He immediately joined the workforce, and obtained a M.S. in computer science ...
confirmed a planned total investment of about $1.6 billion by the company to construct Gigafactory to full capacity. However, after the number of Model 3 reservations became known in April, Panasonic moved production plans forward and announced a bond sale for $US3.86 billion, most of it to be invested in Gigafactory. In 2016, Panasonic debuted a transparent TV. 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. 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. On September 25, 2018, Panasonic became one of the founding members of the
L-Mount Alliance The L-Mount Alliance is an alliance between Leica Camera AG, Panasonic and Sigma Corporation, Sigma, launched on 25 September 2018, whereby Panasonic and Sigma Corporation, Sigma will make use of the Leica L-Mount, L-Mount standard initially devel ...
, and announced two full-frame mirrorless cameras and a range of L-Mount lenses to be launched in 2019. 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. In 2019, Panasonic sold its semiconductors and security systems (security camera) businesses. The company also decided to completely exit from the
liquid-crystal display A liquid-crystal display (LCD) is a flat-panel display or other electronically modulated optical device that uses the light-modulating properties of liquid crystals combined with polarizers. Liquid crystals do not emit light directly but ...
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. In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals
Fuji Electric , operating under the brand name FE, is a Japanese electrical equipment company, manufacturing pressure transmitters, flowmeters, gas analyzers, controllers, inverters, pumps, generators, ICs, motors, and power equipment. History Fuji Electric ...
, Sanden and Glory. Meanwhile, Panasonic has made an investment to take a 20% stake in
Blue Yonder Blue Yonder (formerly JDA Software Group) is an American software and consultancy company owned by multinational conglomerate Panasonic. Blue Yonder provides supply chain management, manufacturing planning, retail planning, store operations and c ...
, 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. 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''. Panasonic's plans are similar to that of its competitor,
Sony , commonly stylized as SONY, is a Japanese Multinational corporation, multinational conglomerate (company), conglomerate corporation headquartered in Minato, Tokyo, Japan. As a major technology company, it operates as one of the world's la ...
, 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 A solar cell panel, solar electric panel, photo-voltaic (PV) module, PV panel or solar panel is an assembly of photovoltaic solar cells mounted in a (usually rectangular) frame, and a neatly organised collection of PV panels is called a photo ...
production. 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. In June 2021, it was reported that Panasonic sold its entire stake in Tesla for $US3.6 billion. In August 2022, it was reported that the company, which is a suppler to Tesla, was in discussions to build a new electric vehicle battery plant in the US, with
Oklahoma Oklahoma (; Choctaw language, Choctaw: ; chr, ᎣᎧᎳᎰᎹ, ''Okalahoma'' ) is a U.S. state, state in the South Central United States, South Central region of the United States, bordered by Texas on the south and west, Kansas on the nor ...
named as a leading contender. This would be on top of the plant planned for
Kansas Kansas () is a U.S. state, state in the Midwestern United States, Midwestern United States. Its Capital city, capital is Topeka, Kansas, Topeka, and its largest city is Wichita, Kansas, Wichita. Kansas is a landlocked state bordered by Nebras ...
. Each would have similar capacity. 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.


Current operations

As of March 31, 2012, Panasonic employed about 330,000 staff (reduced to around 260,000 by March 2020) and had around 580 subsidiaries. Panasonic had total revenues of in 2012, of which 53 percent were generated in Japan, 25 per cent in Asia (excluding Japan), 12 per cent in the Americas and 10 per cent in Europe. The company invested a total of in research and development in 2012, equivalent to 6.6 percent of its revenues in that year. In 2012, Panasonic held a total of 140,146 patents worldwide. Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s. 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. In 2021, the
WIPO The World Intellectual Property Organization (WIPO; french: link=no, Organisation mondiale de la propriété intellectuelle (OMPI)) is one of the list of specialized agencies of the United Nations, 15 specialized agencies of the United Nation ...
'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. This position is up from their previous ranking as 12th in 2019 with 1,567 applications. 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.


Life Solutions


Panasonic Homes

Panasonic Homes was a Japanese real estate and construction company and a subsidiary of Life Solutions Company, Panasonic, founded as the housing unit of Matsushita Electric Works in 1963. In recent years, Panasonic Homes has been involved in developing
smart cities A smart city is a technologically modern urban area that uses different types of Electronics, electronic methods and sensors to data collection, collect specific data. Information gained from that data is used to manage assets, resources and se ...
. In 2019, it was announced that
Toyota is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the Automotive industry#By ...
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.


Connected Solutions


Panasonic Avionics Corporation

Panasonic Avionics Corporation (PAC), a subsidiary of Panasonic Corporation of North America and a unit of Connected Solutions Company, Panasonic, is a supplier of
in-flight entertainment In-flight entertainment (IFE) refers to the entertainment available to aircraft passengers during a flight. In 1936, the airship '' Hindenburg'' offered passengers a piano, lounge, dining room, smoking room, and bar during the -day flight betwe ...
(IFE) and communication systems. Headquartered in
Lake Forest, California Lake Forest is a city in Orange County, California Orange County is located in the Los Angeles metropolitan area in Southern California. As of the 2020 United States Census, 2020 census, the population was 3,186,989, making it the third-m ...
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. 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.


Panasonic Mobile Communications

Panasonic Mobile Communications manufactures mobile phone handsets and related equipment. As of 2012, it had around a 20 percent share of the Japanese handset market. 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 A smartphone is a Mobile device, portable computer device that combines Mobile phone, mobile telephone and Mobile computing, computing functions into one unit. They are distinguished from feature phones by their stronger hardware capabilities ...
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. From July 2013 to January 2018, Panasonic India has released one more series of Android Smartphones Panasonic P Series, along with Eluga Series.


Automotive


Automotive Systems division

Automotive Systems Business Division, Automotive Company, Panasonic, formerly Panasonic Automotive Systems (PAS), is an original equipment manufacturer of factory installed mobile audio equipment such as headunits, speakers and navigation modules. It is a subcontractor to most major auto manufacturers, supplying virtually every Japanese and American automaker, along with many European automakers. In 2015, PAS had a revenue of $12.4 billion. Panasonic also purchased the assets of Sanyo Corporation in 2017. Panasonic also formerly manufactured aftermarket vehicle audio products such as head units and speakers.


Giga Nevada

Panasonic is the financial/technological partner of Tesla-owned
Giga Nevada Gigafactory Nevada (also known as Giga Nevada or Gigafactory 1) is a lithium-ion battery A lithium-ion or Li-ion battery is a type of rechargeable battery which uses the reversible Redox, reduction of lithium ions to store energy. It is th ...
(Gigafactory 1) and has invested in the factory ever since the project's conception; 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.


Prime Planet Energy and Solutions

In 2020, Panasonic founded an electric vehicle battery joint venture with
Toyota is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the Automotive industry#By ...
, 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. Panasonic owns 49% of the venture. 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 Hybrid may refer to: Science * Hybrid (biology) In biology, a hybrid is the offspring resulting from combining the qualities of two organisms of different breeds, varieties, species or genera through sexual reproduction. Hybrids are not alway ...
.


Industrial Solutions


Overseas operations


Panasonic Corporation of North America

Panasonic Corporation of North America is Panasonic's principal subsidiary in the United States. It has been headquartered in Newark, New Jersey since 2013, after being previously headquartered in
Secaucus Secaucus ( ) is a Town (New Jersey), town in Hudson County, New Jersey, Hudson County, New Jersey, United States. As of the 2010 United States census, the town's population was 16,264,Gateway Region. Founded in New York City at the
MetLife Building The MetLife Building (also 200 Park Avenue and formerly the Pan Am Building) is a skyscraper at Park Avenue and 45th Street (Manhattan), 45th Street, north of Grand Central Terminal, in the Midtown Manhattan neighborhood of New York City. Desi ...
in September 1959, it was known as Matsushita Electric Corporation of America (MECA) prior to 2005. Panasonic Eco Systems North America, a business unit of Panasonic North America, distributes renewable energy products in the United States and Canada. Established in 2012, Panasonic Eco Systems sells renewable energy systems and home energy management products, including high efficiency solar panels, battery storage systems, and indoor air quality products. It also distributes cordless assembly tools used on factory assembly lines. In 2016, the company began expanding its network of residential solar installers in order to market Panasonic Solar HIT (heterojunction with intrinsic thin layer) panels and battery storage nationally, reaching 150 authorized installers by November 2018. 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. In 2019, Panasonic introduced its EverVolt brand of solar and battery storage products. The company transitioned its solar panel manufacturing to OEMs in early 2021 in order to focus on offering a wider range of products. Later that year, Panasonic debuted the EverVolt 2.0 energy storage system rated for outdoor use.


Panasonic Europe

Panasonic's principal subsidiaries in Europe are Panasonic Europe Ltd. and Panasonic Marketing Europe GmbH. Panasonic Europe is headquartered in London, England, but it is moving its headquarters to
Amsterdam Amsterdam ( , , , lit. ''The Dam on the River Amstel'') is the Capital of the Netherlands, capital and Municipalities of the Netherlands, most populous city of the Netherlands, with The Hague being the seat of government. It has a population ...
,
Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Neth ...
due to
Brexit Brexit (; a portmanteau of "British exit") was the Withdrawal from the European Union, withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 Greenwich Mean Time, GMT on 31 January 2020 (00:00 1 February 2020 Central Eur ...
. Panasonic employs around 12,000 people in Europe, and the region generates around 10 percent of its total revenues. In 2012, Panasonic had around a 10 percent share of the consumer electronics market in Europe, ranking third behind
Samsung Electronics Samsung Electronics Co., Ltd. (, sometimes shortened to SEC and stylized as SΛMSUNG) is a South Korean multinational corporation, multinational electronics corporation headquartered in Yeongtong-gu, Suwon, South Korea. It is the pinnacle of ...
(with 26 percent) and
LG Electronics LG Electronics Inc. () is a South Korean Multinational corporation, multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest ''chaebol'' in South Korea ...
(with 12 percent). Panasonic operates a chain of stores in the United Kingdom and Ireland called "Panasonic Store" which exclusively sell Panasonic products. Prior to 2008 the chain was named "shop@Panasonic". In November 2010, Panasonic Electric Works established Panasonic Electric Works Vossloh-Schwabe Serbia d.o.o, a new company in Svilajnac,
Serbia Serbia (, ; Serbian language, Serbian: , , ), officially the Republic of Serbia (Serbian language, Serbian: , , ), is a landlocked country in Southeast Europe, Southeastern and Central Europe, situated at the crossroads of the Pannonian Bas ...
, to manufacture energy-efficient electronic devices (ballasts) for lighting fixtures. Volume production commenced in January 2011. In May 2015, Panasonic launched its virtual solar service to UK consumers. The service allows users to run a simulation to provide an estimate of how much a rooftop solar installation would produce if it were installed in their home.


Panasonic India

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


PT Panasonic Gobel Indonesia

PT Panasonic Gobel Indonesia (formerly known as PT National Gobel and PT National Panasonic Gobel) is the name of the company's
Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. It consists of over List of islands of Indonesia, 17,000 islands, including Sumatr ...
division based in
Cawang Cawang is an administrative village (''kelurahan In Indonesia, village or subdistrict is the fourth-level subdivision below a Districts of Indonesia, district, regency (Indonesia), regency/city status in Indonesia, city, and provinces of Indones ...
,
East Jakarta East Jakarta ( id, Jakarta Timur; bew, Jakarte Beletan) is the largest of the five Cities of Indonesia, administrative cities (''kota administrasi'') which form the Jakarta, Special Capital Region of Jakarta, Indonesia. It had a population of 2,6 ...
. Tomonobu Otsu is the current President Director and Rachmat Gobel is the current President Commissioner. It is a joint venture between Panasonic Corporation Japan and the Gobel Group of Indonesia.


Former operations


MCA Inc.

Matsushita bought American media company MCA Inc. for US$6.6 billion. In 1995, it sold 80% of MCA's shares to Canadian drink company
Seagram The Seagram Company Ltd. (which trade name, traded as Seagram's) was a Canadian multinational Conglomerate (company), conglomerate formerly headquartered in Montreal, Quebec. Originally a Distilled beverage, distiller of Canadian whisky based i ...
. MCA was renamed Universal Studios Inc. in 1996, after which its motion picture business has changed hands continuously,
Vivendi Vivendi SE is a French mass media holding company headquartered in Paris. Widely known as the owner of Gameloft, Groupe Canal+, Havas, Editis, Prisma Media, Vivendi Village and Dailymotion, the company has activities in television, film, video ...
,
General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston Boston (), officially the City of Boston, is the capital city, state capital a ...
and
Comcast Comcast Corporation (formerly known as American Cable Systems and Comcast Holdings),Before the AT&T Broadband, AT&T merger in 2001, the parent company was Comcast Holdings Corporation. Comcast Holdings Corporation now refers to a subsidiary of ...
in order, while the music division has become
Universal Music Group Universal Music Group N.V. (often abbreviated as UMG and referred to as just Universal Music) is a Dutch– American multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands and i ...
, acquired and wholly owned by Vivendi up until 2019.


Panasonic 3DO

Panasonic used to manufacture 3DO gaming systems alongside
GoldStar GoldStar was a South Korean electronics company established in 1958. The corporate name was changed to LG Electronics and LG Cable on February 28, 1995, after merging with LG Chem, Lucky Chemical. LG Cable was spun off from LG Electronics and ch ...
and
Sanyo , stylized as SANYO, is a Japanese electronics company and formerly a member of the Fortune Global 500, ''Fortune'' Global 500 whose headquarters was located in Moriguchi, Osaka, Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiari ...
but stopped 3 years later, as it was not a success. There were a total of 2 million systems sold from 1993 to 1996, though it is not known how many of these were sold by each manufacturer. Panasonic obtained exclusive rights to manufacture the 3DO's successor console, the M2, but ultimately backed out of releasing it due to the highly competitive state of the console gaming market at the time.


Panasonic Healthcare

In 2014, Panasonic Healthcare was bought by outside investors and renamed as PHCHD, which stands for Panasonic HealthCare HD. It mainly makes cryogenic and ULT freezers for laboratories and sterilization equipment.


Panasonic Semiconductor Solutions

Panasonic had been in the semiconductor industry since 1957, when it started the mass production of
silicon transistor file:MOSFET Structure.png, upright=1.4, Metal-oxide-semiconductor field-effect transistor (MOSFET), showing Metal gate, gate (G), body (B), source (S) and drain (D) terminals. The gate is separated from the body by an insulating layer (pink). A ...
s 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, and the
system-on-a-chip A system on a chip or system-on-chip (SoC ; pl. ''SoCs'' ) is an integrated circuit An integrated circuit or monolithic integrated circuit (also referred to as an IC, a chip, or a microchip) is a set of electronic circuits on one small ...
designing unit to Panasonic/
Fujitsu is a Japanese Multinational corporation, multinational information and communications technology equipment and services corporation, established in 1935 and headquartered in Tokyo. Fujitsu is the world's sixth-largest Information technology, I ...
joint venture Socionext. In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.


Products

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


Sponsorships


Football

Panasonic sponsors the German footballer Marco Reus, who plays for
Bundesliga The Bundesliga (; ), sometimes referred to as the Fußball-Bundesliga () or 1. Bundesliga (), is a professional association football league in Germany. At the top of the German football league system, the Bundesliga is Germany's primary footbal ...
club
Borussia Dortmund Ballspielverein Borussia 09 e. V. Dortmund, commonly known as Borussia Dortmund (), BVB (), or simply Dortmund (), is a German professional sports club based in Dortmund, North Rhine-Westphalia. It is best known for its men's professional footb ...
and
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated between ...
. Panasonic owns Panasonic Wild Knights a rugby club base in
Gunma is a Prefectures of Japan, prefecture of Japan located in the Kantō region of Honshu. Gunma Prefecture has a population of 1,937,626 (1 October 2019) and has a geographic area of 6,362 Square kilometre, km2 (2,456 Square mile, sq mi). Gunma P ...
just outside of Tokyo. They compete in the highest level of rugby in Japan Top League. Panasonic owns
Gamba Osaka is a Japanese professional association football, football club based in Suita, Osaka Prefecture. The club plays in the J1 League, which is the top tier of football in the country. The club's name ''Gamba'' comes from the Japanese , meaning "to d ...
, a club from the J.League, the Japanese professional football league. Panasonic is an official partner and sponsor of
AFC Champions League The AFC Champions League (abbreviated as ACL) is an annual continental club association football, football competition organised by the Asian Football Confederation, and contested by Asia's List of top-division football clubs in AFC countries ...
and
Major League Soccer Major League Soccer (MLS) is a men's professional association football, soccer league sanctioned by the United States Soccer Federation, which represents the sport's highest level in the United States soccer league system, United States. The ...
. Between 1981 and 1983, Panasonic was the shirt sponsor of English
football Football is a family of team sports that involve, to varying degrees, Kick (football), kicking a Football (ball), ball to score a Goal (sport), goal. Unqualified, Football (word), the word ''football'' normally means the form of football tha ...
club Nottingham Forest F.C. On January 16, 2010, Panasonic signed a three-year, 47 million (£518,500) jersey sponsorship deal for the
India national football team The India national football team represents India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countr ...
.


Other

Panasonic was a primary sponsor of
Toyota is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the Automotive industry#By ...
's
Formula One Formula One (also known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The World Drivers' Championship ...
program, Panasonic Toyota Racing.
Hiro Matsushita , also known by , is a Japanese businessman and former racing driver. Matsushita is the first and only Japanese driver to win the Toyota Atlantic Championship (Pacific) in 1989 and also the first Japanese driver to race at the Indianapolis 500, ...
, 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 The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr. in 1948, and ...
's
Busch Series The NASCAR Xfinity Series (NXS) is a stock car racing series organized by NASCAR. It is promoted as NASCAR's second-tier circuit to the organization's top level NASCAR Cup Series, Cup Series. NXS events are frequently held as a Undercard, suppor ...
in
2005 File:2005 Events Collage V2.png, From top left, clockwise: Hurricane Katrina in the Gulf of Mexico; the Funeral of Pope John Paul II is held in Vatican City; "Me at the zoo", the first video ever to be uploaded to YouTube; Eris (dwarf planet), Er ...
, sponsoring the No. 67 Smith Brothers Racing Dodge for
Ken Schrader Kenneth Schrader (born May 29, 1955) is an American professional racing driver. He currently races on local dirt and asphalt tracks around the country while also competing part-time in the ARCA Menards Series, driving the No. 11 Ford for Fast T ...
, Bryan Reffner, C.W. Smith, and Johnny Benson Jr. In 2007, Panasonic became a technology partner with
Hendrick Motorsports Hendrick Motorsports (HMS) is an American professional auto racing organization that competes in the NASCAR Cup Series. The team was founded in 1984 as All Star Racing by Rick Hendrick. Hendrick Motorsports has won a NASCAR-record 291 Cup Seri ...
and served as a primary sponsor of the team's No. 24 car with
Jeff Gordon Jeffery Michael Gordon (born August 4, 1971) is an American former professional stock car racing driver, who is the Vice Chairman for Hendrick Motorsports. He raced full-time from 1993 to 2015, driving the No. 24 Chevrolet for Hendrick Moto ...
for two races in 2014 and throughout 2015. . Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988. Panasonic was the official partner and sponsor of the
Boston Celtics The Boston Celtics ( ) are an American professional basketball team based in Boston. The Celtics compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference (NBA), Eastern Conference Atlantic Division (NBA ...
from 1975 to 1989, along with Technics. Various Panasonic ads appeared at the old
Boston Garden The Boston Garden was an arena in Boston, Massachusetts. Designed by boxing promoter Tex Rickard, who also built the third iteration of New York's Madison Square Garden (1925), Madison Square Garden, it opened on November 17, 1928, as "Boston ...
during the 1980s. On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team. On February 14, 2017, Panasonic was unveiled as the main sponsor of
Lega Basket Serie A The Lega Basket Serie A (LBA) is a professional men's club (sport), club basketball list of basketball leagues, league that has been organised in Italy since 1920. Serie A is organised by Lega Basket, which is regulated by the Italian Basketball F ...
, the highest professional
basketball Basketball is a team sport in which two teams, most commonly of five players each, opposing one another on a rectangular court, compete with the primary objective of shooting a basketball (approximately in diameter) through the defender' ...
league in Italy and one of the top ranked national domestic league in Europe. Panasonic currently sponsors Japanese
IndyCar Series The IndyCar Series, currently known as the NTT IndyCar Series under sponsor (commercial), sponsorship, is the highest class of regional North American American open-wheel car racing, open-wheel single-seater formula racing cars in the United S ...
driver
Takuma Sato , nicknamed "Taku", is a Japanese professional racing driver. Sato is a two time winner of the Indianapolis 500, having won the event in 2017 Indianapolis 500, 2017 and 2020 Indianapolis 500, 2020. He was the first Asian driver to win the Indian ...
in his
Rahal Letterman Lanigan Racing Rahal Letterman Lanigan Racing is an auto racing team that has participated in the WeatherTech SportsCar Championship and the IndyCar Series. Headquartered in Brownsburg, Indiana and Hilliard, Ohio, it is co-owned by 1986 Indianapolis 500 winn ...
car.


Environmental record

Panasonic is ranked in joint 11th place (out of 16) in
Greenpeace Greenpeace is an independent global campaigning network, founded in Canada in 1971 by Irving Stowe and Dorothy Stowe, immigrant environmental activists from the United States. Greenpeace states its goal is to "ensure the ability of the Earth to ...
'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. 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 Polyvinyl chloride (alternatively: poly(vinyl chloride), colloquial: polyvinyl, or simply vinyl; abbreviated: PVC) is the world's third-most widely produced synthetic polymer of plastic (after polyethylene and polypropylene). About 40 millio ...
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 Energy Star (trademarked ''ENERGY STAR'') is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency. The program provides information on the energy consumption of pr ...
standards and exceeding the standby power requirement. However, Panasonic's score is let down by its low score on the Energy criteria, with the Guide stating it must focus on planned reductions of greenhouse gases (GHG), set targets to reduce GHG emissions by at least 30% by 2015 and increase renewable energy use by 2020. In 2014, an article in ''
The Guardian ''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'' 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. In 2020, Panasonic joined WIPO GREEN as an official partner in an effort to address climate change. In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to “virtually net zero” carbon dioxide.


Senior leadership

* ''Chairman:''
Kazuhiro Tsuga Kazuhiro Tsuga is the current President of Panasonic. Early life and education Tsuga studied at Osaka University and graduated in 1979 with a B.S. in bioengineering. He immediately joined the workforce, and obtained a M.S. in computer science ...
(since April 2021) * ''President and CEO:'' Yuki Kusumi (since April 2021)


List of former chairmen

# 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

# 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 Kazuhiro Tsuga is the current President of Panasonic. Early life and education Tsuga studied at Osaka University and graduated in 1979 with a B.S. in bioengineering. He immediately joined the workforce, and obtained a M.S. in computer science ...
(2012–2021)


Slogans

* "Just slightly ahead of our time" (1970s–1990s) * "Even more than you expected ut of the blue (1970s–1996, Australia) * "What's on Panasonic" (1990–1996) * "The quest for zero defect" (1990s–2003, South Africa) * "Panasonic, The One That I Want" (1996–2003, USA) * "What's New by Panasonic" (1996–2003) * "Ideas for Life" (2003–2013, Global) * "A Better Life, A Better World" (2013–present) * "Wonders!" (2014–present) * "Let's Live Life Better" (2017–2018) * "Live Your Best" (2022–)


See also

* List of Panasonic camcorders * List of Japanese companies * Konosuke Matsushita * Masaharu Matsushita *
Hiro Matsushita , also known by , is a Japanese businessman and former racing driver. Matsushita is the first and only Japanese driver to win the Toyota Atlantic Championship (Pacific) in 1989 and also the first Japanese driver to race at the Indianapolis 500, ...


Notes


References


Further reading

*


External links

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