Going forward as well, based on our innovative electronics technology, we will provide a wide variety of products, systems, and services, ranging from consumer electronics products to industrial devices, building products, and housing. [92], 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. [26] 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). Prior to 2008 the chain was named "shop@Panasonic". [95], As of March 31, 2012, Panasonic employed about 330,000 staff (reduced to around 260,000 by March 2020) and had around 580 subsidiaries. [71], In November 2015, Panasonic starts to retail locally harvested produce from its indoor agriculture facility salads via Veggie Life branding in Singapore, from the very first licensed indoor vegetable farm in the country using Panasonic's own technology. Our professional corporate videos empower your business and drive results for your sales, training, marketing, and customer service needs. 16.1 Megapixel* High Sensitivity CMOS Sensor with the DIGIC 6 Image Processor for exceptional performance. [45][46] The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2 trillion (around $110 billion).[47]. Today, we are anticipating and responding faster than ever to the needs of individuals, businesses, governments, and communities seeking comfort, connectivity, efficiency, mobility and more. 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. [23], 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. Panasonic's corporate profile includes outline, access map. In 1998, Matsushita sold Anam National to Anam Electronics. 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. [80], In August 2018, the company announced, in order to avoid potential tax issues Panasonic will move its European headquarters from the UK to Amsterdam in October as Brexit approaches. Panasonic operates a chain of stores in the United Kingdom and Ireland called "Panasonic Store" which exclusively sell Panasonic products. It has a secondary listing on the Nagoya Stock Exchange. Panasonic used to manufacture 3DO gaming systems alongside GoldStar and Sanyo but stopped 3 years later, as it was not a success. Panasonic Corporation,[a] formerly known as the Matsushita Electric Industrial Co., Ltd.[b], founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer, is a major Japanese multinational electronics company, headquartered in Kadoma, Osaka. [16] 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. According to a source, the company has put aside $10 million for use in either an acquisition or joint venture. ist ein börsennotierter japanischer Elektronikkonzern mit Sitz in Kadoma, Präfektur Osaka, Japan.Seine Produkte werden unter mehreren Markennamen wie Panasonic und Technics vertrieben. It has been headquartered in Newark, New Jersey since 2013, after being previously headquartered in Secaucus, since the 1980s;[112] both Newark and Secaucus are located within New Jersey's Gateway Region. 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. ", "Matsushita: The Electronic Giant Wakes Up", "Panasonic expects to double sales of electric car batteries in three years", "Matsushita Electric Becomes Panasonic Corporation", "Matsushita Electric to Change Name to Panasonic Corporation", "Shareholders of Matsushita approve company name change to Panasonic", https://reviewsca.com/best-ladies-electric-shaver/, 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, "Panasonic History: 1927 – Square bicycle lamp developed and marketed", "社史：2003年（平成15年） グローバルブランドを「Panasonic」に統一", "Panasonic Establishes "A Better Life, A Better World" as its New Brand Slogan", "PSIDS (China (Guangdong), Hong Kong, Macau)", Panasonic Confirms the Return of Technics Brand, Panasonic Approved For $4.6 Billion To Acquire Sanyo, To Become World's Largest Li-Ion Battery Maker, Panasonic expands use of Panasonic brand name globally, "The man behind Panasonic - Tech News | The Star Online", "It's a Wrap: MCA Sold : Matsushita to Pay About $6.6 Billion", "Seagram heads for Hollywood; Seagram will buy 80% of big studio from Matsushita", "Matsushita, Freed of MCA, Reports a Profit", "Panasonic donates $5-million to music city", https://amp.smh.com.au/technology/lg-samsung-try-to-save-the-crt-20050819-gdlwh2.html, "Panasonic-Toshiba venture to shut Malaysia CRT plant", "Panasonic-Toshiba Venture to Shutter Malaysia CRT Plant", "Hitachi, Matsushita, Toshiba cement LCD venture plan | ITworld", "UPDATE 1-Matsushita buys stake in CRT venture from Toshiba", https://www.bloomberg.com/apps/news?pid=20601101&refer=japan&sid=a.FYoVTCPXMY, "Notice of the Establishment of JVC KENWOOD Holdings, Inc", "Panasonic officially owns Sanyo and boasts the world's largest plasma panel plant now", "Panasonic to trim TV business, cut 1,000 jobs " Japan Today: Japan News and Discussion", "Haier, Sanyo sign merger agreement - People's Daily Online", "Myspace reinvents itself as an "entertainment experience," with help from Panasonic and Justin Timberlake", "Panasonic acquires 76% stake in Firepro-Systems", "Panasonic spins off Sanyo DI Solutions, keeps the digital camera OEMs happy", "Panasonic Falls to 37-Year Low on Wider Loss Target", "Panasonic prepares for 'garage sale', to axe 10,000 jobs", "Panasonic to buy stake in Slovenia's Gorenje", "Sony and Panasonic sign basic agreement to jointly develop standard for professional-use next-generation optical discs", "Panasonic Europe Announce New Operating Company to Expand New Cloud Video Surveillance Service at IFA 2013", "Announcement of Company Name Change | 2017 | News", "PHC Holdings Corporation: Announcement of Company Name Change", "Panasonic, Tesla agree to partnership for US car battery plant", "Gigafactory battery plant planned by Tesla in tie-up with Panasonic", Panasonic says initial investment in Tesla battery factory will be 'tens of billions' of yen, Panasonic Partners With Photon To Build Smarter Signs In Stores, Panasonic withdraws from TV production in China: source, Panasonic to Buy Houston-Based ITC Global, Panasonic signs battery storage deal with 3 Australian utilities, Panasonic to produce catalyst-coated diesel particulate filter, "Panasonic Indoor Vegetable Farm Offers More Opportunities for Farm-To-Table Experience", Panasonic Partners to Make Denver The Smartest City in America, Nissan's battery pullout may energize rivals, Tesla Says Panasonic Exclusive Supplier of Model 3 Batteries, "Tesla's entire future depends on the Gigafactory", "Panasonic to raise $3.9 billion, partly to finance Tesla plant investment", Panasonic looks to AI acquisitions with $10M fund, "Panasonic to move European HQ in London to Netherlands over Brexit concerns", "Panasonic Develops Two Models of Its First Full-Frame Mirrorless Camera", "Panasonic Lumix S1R and Lumix S full-frame mirrorless cameras revealed", "Panasonic to sell loss-making chip business to Taiwanese firm: source", "Panasonic to spin off security camera business as costs weigh", "Japan's Polaris Capital to acquire 80% of Panasonic's new security business", "Panasonic to Cease LCD Production by 2021", "Panasonic exits vending machines as market shrinks", "Panasonic Takes 20% Stake in Blue Yonder", "Panasonic Transitions to a Holding Company System | Headquarters News", "Japan's Panasonic to end solar panel production - domestic media", "Panasonic to buy Blue Yonder for $6.5 billion in biggest deal since 2011: Nikkei", "Annual Report for the year ended March 31, 2012", "Corporate Information - Panasonic Homes Co., Ltd. - Panasonic", "Panasonic and Toyota Confirm Location and Executive Structure of Town Development Joint Venture | Corporate | Global Newsroom", "Panasonic says its avionics business being probed by U.S. authorities", "Panasonic to launch waterproof Eluga phone", "Panasonic to stop making new smartphones for NTT Docomo: Kyodo", "Outline - Automotive Company - Panasonic", "Panasonic to jump-start US battery cell output for Tesla", "Panasonic to pour billions of yen in Tesla's gigafactory as initial investment", "Tesla's battery partner Panasonic increases production in Japan for other automakers", "Toyota-Panasonic venture to start EV battery development in April", "Company Overview of Panasonic Europe Ltd", "Company Overview of Panasonic Marketing Europe Gmbh", "Panasonic executive says Europe consumer sales hold up", Panasonic launches virtual solar service to UK consumers, "It's a Wrap: MCA Sold: Matsushita to Pay About $6.6 Billion", "Matsushita to Sell 80% of MCA to Seagram Co. : Business: Distiller to pay about $7.1 billion. Panasonic Accelerates the Autonomous Supply Chain with Acquisition of Blue Yonder. 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. In September 2014, Panasonic announced they will revive the Technics brand. . Panasonic Newsroom ... Headquarters News. "[16] 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. [140], Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988.[141]. 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 acquisition was preceded by the takeover of Columbia Pictures by Sony, the arch rival of Matsushita. [52], 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. This was a vision set forth by our founder in 1918 and a vision that continues to be the driving force as we transform our business today. Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers, mobile phones, 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. [96] Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s. [20], Panasonic, then Matsushita Electric, was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets. [99], 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. Phone: 480-643-2000 [96], As of March 31, 2012, Panasonic held a total of 140,146 patents worldwide. 121 ] in the 1920s Matsushita began regularly launching products official partner and sponsor of AFC Champions League and League. In 1998, Matsushita established `` Anam National to Anam Electronics component is! The J we work with top-brands across the entire US, delivering high-quality video productions and TOPIX indices Champions and... Million for use in either an acquisition or joint venture between Panasonic Corporation of North America Corporation sell. % of MCA 's shares to Canadian drink company Seagram as Panasonic `` National '' joint. 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