Panasonic

Business Segments

Appliances Company

We provide products and services for a wide range of spaces, from homes to offices and stores, focusing on B2C businesses such as home appliances, beauty, and health, and B2B businesses such as cooling and heating appliances for commercial use, devices, energy etc.

 

Life Solutions Company 

From the business field of electric components, housing materials and construction, we offer comfortable space and enriched time from every aspect of lifestyle, including housing, offices, commercial facilities and smart towns.

 

Connected Solutions Company

In the six priority business segments "Distribution", "Logistics", "Entertainment", "Public", "Avionics" and "Manufacturing", we provide "connected values" to our B2B customers.

 

 

 

History

March, 1918Konosuke Matsushita founded Matsushita Denkikigu Seisakusho at Daikai-cho, Fukushima-ku, Osaka and started to manufacture wiring instrument.

March, 1923Bullet-shaped bicycle lamp developed and marketed.

April, 1927Established "National" brand.

May, 1933Relocated new head office and factory in Kadoma. Instituted divisional system.

August, 1935Established Matsushita Electric Trading Co., Ltd.

December, 1935Incorporated as Matsushita Electric Industrial Co., Ltd. on December 15, 1935 (10 million yen in capital).

May, 1949Listed on Tokyo Stock Exchange and Osaka Securities Exchange.

September, 1951Listed on Nagoya Stock Exchange.

January, 1952Formed a capital alliance with Nakagawa Kikai Kabushiki Kaisha (subsequently renamed Matsushita Refrigeration Company).

December, 1952Established Matsushita Electronics Corporation through a technology alliance with Philips in Netherlands, and transferred four lamp manufacturing factories to this establishment.

May, 1953Established the Central Research Laboratory.

February, 1954Formed a capital alliance with Victor Company of Japan Ltd. (JVC).

December, 1955Established Kyushu Matsushita Electric Co., Ltd. (subsequently renamed Panasonic Communications Co., Ltd.).

May, 1956Established Osaka Denki Seiki Kabushiki Kaisha (subsequently renamed Matsushita Seiko Co., Ltd.).

January, 1958Established Matsushita Communication Industrial Co., Ltd. (subsequently renamed Panasonic Mobile Communications Co., Ltd.), and transferred communication equipment manufacturing section to this establishment.

September, 1959Established Matsushita Electric Corporation of America (currently Panasonic Corporation of North America). (Since then, established manufacturing and sales sites at various locations in the world.)

January, 1961Masaharu Matsushita became President of the Company.

August, 1962Formed a capital alliance with Toho Denki Kabushiki Kaisha (subsequently renamed Matsushita Graphic Communication Systems, Inc.).

November, 1969Established Matsushita Kotobuki Electronics Industries, Ltd. (subsequently Panasonic Healthcare Co.,Ltd.).

December, 1971Listed on New York Stock Exchange.

December, 1975Issued U.S. dollar-denominated convertible bonds (100 million U.S. dollars at face value).

January, 1976Established Matsushita Electronic Components Co., Ltd. (subsequently renamed Panasonic Electronic Devices Co., Ltd.), and transferred electronic device manufacturing section to this establishment.

January, 1977Established Matsushita Household Equipment Co., Ltd., and transferred household equipment manufacturing section to this establishment. Established Matsushita Industrial Equipment Co., Ltd. (subsequently renamed Matsushita Industrial Information Equipment Co., Ltd.), and transferred industrial equipment manufacturing section to this establishment.

February, 1977Toshihiko Yamashita became President of the Company.

January, 1979Established Matsushita Battery Industrial Co., Ltd., and transferred battery manufacturing section to this establishment.

July, 1985Established a finance subsidiary in U.S. (In May, 1986, established two finance subsidiaries in Europe.)

October, 1985Established Semiconductor Fundamental Research Laboratory.

February, 1986Akio Tanii became President of the Company.

March, 1987Changed the fiscal year end from November 20 to March 31.

April, 1988Absorbed Matsushita Electric Trading Co., Ltd.

April, 1989The Company's founder Konosuke Matsushita passed away.

December, 1990Acquired MCA INC.(MCA), a leading entertainment company in the U.S.

February, 1993Yoichi Morishita became President of the Company.

May, 1993Dissolved partnership with Philips regarding Matsushita Electronics Corporation and purchased all shares of Matsushita Electronics Corporation which Philips held.

April, 1995Absorbed Matsushita Household Equipment Co., Ltd.

June, 1995Sold 80% equity interest in MCA shares, which a subsidiary of the Company in U.S. held, to Seagram Company Ltd in Canada.

February, 1999Cancelled 50 million shares of treasury stock by 98.8 billion yen of retained earnings decided by resolution of 91st Ordinary General Meeting of Shareholders.

April, 2000Made Matsushita Refrigeration Company into a wholly-owned subsidiary through share-exchange.

June, 2000Kunio Nakamura became President of the Company.

April, 2001Absorbed Matsushita Electronics Corporation.

April, 2002Established a joint venture liquid crystal display panel manufacturing company, Toshiba Matsushita Display Technology Co., Ltd. with Toshiba Corporation.

October, 2002Made Matsushita Communication Industrial Co., Ltd., Kyushu Matsushita Electric Co., Ltd., Matsushita Seiko Co., Ltd. (currently Panasonic Ecology Systems Co., Ltd.), Matsushita Kotobuki Electronics Industries, Ltd. and Matsushita Graphic Communication Systems, Inc. into wholly-owned subsidiaries through share-exchanges.

January, 2003Instituted business domain system through business restructuring. Kyushu Matsushita Electric Co., Ltd. was merged with Matsushita Graphic Communication Systems, Inc.

April, 2003Established a joint venture cathode ray tubes manufacturing company, Matsushita Toshiba Picture Display Co., Ltd. (subsequently renamed MT Picture Display Co., Ltd., liquidated in May 2019) with Toshiba Corporation.
Made Matsushita Electronic Components Co., Ltd. and Matsushita Battery Industrial Co., Ltd. into wholly-owned subsidiaries through share-exchanges.
Unified its corporate brands as "Panasonic" worldwide.

April, 2004Made Matsushita Electric Works, Ltd. (subsequently renamed Panasonic Electric Works Co., Ltd. (PEW)), PanaHome Corporation (subsequently became a wholly-owned subsidiary in fiscal 2018 and renamed Panasonic Homes Co., Ltd. in April 2018.) and their subsidiaries into consolidated subsidiaries of the Company through additional purchase of shares of Matsushita Electric Works, Ltd.

April, 2005Absorbed Matsushita Industrial Information Equipment Co., Ltd.

February, 2006Sold the remaining shares of affiliated company of Universal Studios (formerly MCA), which a subsidiary of the Company in U.S. held, to Vivendi Universal.

June, 2006Fumio Ohtsubo became President of the Company.

March, 2007Made Matsushita Toshiba Picture Display Co., Ltd. into a wholly-owned subsidiary.

August, 2007Excluded JVC and its subsidiaries from consolidated subsidiaries of the Company due to JVC's issuance of new shares and third party allotments. As a result, JVC became an associated company accounted for under the equity method. (Subsequently, in January, 2011, JVC was excluded from an associated company accounted for under the equity method)

April, 2008Absorbed Matsushita Refrigeration Company.

October, 2008The Company changed its name from Matsushita Electric Industrial Co., Ltd. to Panasonic Corporation.
Absorbed Matsushita Battery Industrial Co., Ltd.

April, 2009Sold all the shares of Toshiba Matsushita Display Technology Co., Ltd., which the Company held, to Toshiba Corporation.

December, 2009Acquired majority of the voting rights in SANYO Electric Co., Ltd. (SANYO) and made SANYO and its subsidiaries into consolidated subsidiaries of the Company.

January, 2010Transferred the business of System Solutions Company, the Company's internal division company, to Panasonic Communications Co., Ltd., which was at the same time renamed Panasonic System Networks Co., Ltd.

April, 2011Made PEW and SANYO into wholly-owned subsidiaries through share-exchanges.

January, 2012Absorbed PEW.
Reorganized domain system to 9 domains and 1 marketing section through business restructuring.

April, 2012Absorbed companies including Panasonic Electronic Devices Co., Ltd.

June, 2012Kazuhiro Tsuga became President of the Company.

October, 2012Established the Corporate Strategy Head Office.

March, 2013Panasonic System Solutions Japan Co., Ltd. absorbed companies including Panasonic System Networks Co.,Ltd., and was at the same time renamed Panasonic System Networks Co., Ltd. (Subsequently, in April 2017, renamed as Panasonic System Solutions Japan Co., Ltd. due to partial reorganization.)

April, 2013Transformed to new basic group formation through business division system from business domain system.
Absorbed Panasonic Mobile Communications Co., Ltd. subsequent to carrying out the incorporation-type company split of mobile phone terminal business and transferring mobile phone base station business to Panasonic System Networks Co., Ltd. in the company split.
Delisted from New York Stock Exchange.

March, 2014Transferred all the shares and other related assets of Panasonic Healthcare Co., Ltd. (subsequently renamed PHC Corporation) to PHC Holdings Co., Ltd. and subscribed 20% of shares of PHC Holdings Co., Ltd. (subsequently renamed PHC Holdings Corporation) Transferred a part of its shares in 2019.

June, 2014Transferred semiconductor business to Panasonic Semiconductor Solutions Co., Ltd. in the company split.

January, 2020Established Prime Life Technologies Corporation, a joint venture related to a town development business with Toyota Motor Corporation, and transferred all shares of Panasonic Homes Co., Ltd., and other subsidiaries to the joint venture by a joint share transfer.