- The Panasonic Center in Tokyo, Japan
- The Panasonic IMP Building in Osaka, Japan
- The Panasonic R&D facility at Yokosuka Research Park, Japan
This article needs to be updated.October 2018)(
Headquarters in Osaka, Japan
|Matsushita Electric Industrial Co., Ltd. (1918–2008)|
|Founded||March 13, 1918|
|Headquarters|| Kadoma, Osaka, Japan|
Number of employees
|Divisions||Panasonic Corporation of North America (US)|
Panasonic Corporation(パナソニック株式会社Panasonikku Kabushiki-gaisha), formerly known as Matsushita Electric Industrial Co., Ltd.(松下電器産業株式会社Matsushita Denki Sangyō Kabushiki-gaisha), is a Japanese multinational electronics corporation headquartered in Kadoma, Osaka, Japan.
A multinational corporation (MNC) or worldwide enterprise is a corporate organization which owns or controls production of goods or services in at least one country other than its home country. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation. There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise.
Electronics comprises the physics, engineering, technology and applications that deal with the emission, flow and control of electrons in vacuum and matter. The identification of the electron in 1897, along with the invention of the vacuum tube, which could amplify and rectify small electrical signals, inaugurated the field of electronics and the electron age.
Kadoma is a city located in Osaka Prefecture, Japan. The city was founded on August 1, 1963.
The company was founded in 1918 as a producer of lightbulb sockets and has grown to become one of the largest Japanese electronics producers alongside Sony, Hitachi, Toshiba, Pioneer and Canon Inc. In addition to electronics, it offers non-electronic products and services such as home renovation services. Panasonic is the world's fourth-largest television manufacturer by 2012 market share.
A lightbulb socket, light socket, lamp socket or lampholder is a device which mechanically supports and provides electrical connections for a compatible electric lamp. Sockets allow lamps to be safely and conveniently replaced (re-lamping). There are many different standards for lampholders, including early de facto standards and later standards created by various standards bodies. Many of the later standards conform to a general coding system in which a socket type is designated by a letter or abbreviation followed by a number.
Sony Corporation is a Japanese multinational conglomerate corporation headquartered in Kōnan, Minato, Tokyo. Its diversified business includes consumer and professional electronics, gaming, entertainment and financial services. The company owns the largest music entertainment business in the world, the largest video game console business and one of the largest video game publishing businesses, and is one of the leading manufacturers of electronic products for the consumer and professional markets, and a leading player in the film and television entertainment industry. Sony was ranked 97th on the 2018 Fortune Global 500 list.
Hitachi, Ltd. is a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan. It is the parent company of the Hitachi Group and forms part of the DKB Group of companies. Hitachi is a highly diversified company that operates eleven business segments: Information & Telecommunication Systems, Social Infrastructure, High Functional Materials & Components, Financial Services, Power Systems, Electronic Systems & Equipment, Automotive Systems, Railway & Urban Systems, Digital Media & Consumer Products, Construction Machinery and Other Components & Systems.
Panasonic has a primary listing on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX indices. It has a secondary listing on the Nagoya Stock Exchange.
The Tokyo Stock Exchange, which is called Tōshō (東証) or TSE/TYO for short, is a stock exchange located in Tokyo, Japan. It is the fourth largest stock exchange in the world by aggregate market capitalization of its listed companies, and largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$4.09 trillion as of April 2015.
The Nikkei 225, more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average, is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the Nihon Keizai Shinbun newspaper since 1950. It is a price-weighted index, operating in the Japanese Yen (JP¥), and its components are reviewed once a year. Currently, the Nikkei is the most widely quoted average of Japanese equities, similar to the Dow Jones Industrial Average. Indeed, it was known as the 'Nikkei Dow Jones Stock Average' from 1975 to 1978. The Nikkei measures the performance of 225 large, publicly-owned companies in Japan from a wide array of industry sectors.
Tokyo Stock Price Index (東証株価指数), commonly known as TOPIX, along with the Nikkei 225, is an important stock market index for the Tokyo Stock Exchange (TSE) in Japan, tracking all domestic companies of the exchange's First Section. It is calculated and published by the TSE. As of 1 February 2011, there are 1,669 companies listed on the First Section of the TSE, and the market value for the index was ¥197.4 trillion.
From 1935 to October 1, 2008, the company name was "Matsushita Electric Industrial Co., Ltd."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 a shareholders' meeting on June 26, 2008 after consultation with the Matsushita family.
Panasonic was founded in 1918 by Kōnosuke Matsushita as a vendor of duplex lamp sockets.In the 1920's 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. 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.
Kōnosuke Matsushita was a Japanese industrialist who founded Panasonic, the largest Japanese consumer electronics company. To many Japanese, he is known as "the god of management". A biography of Matsushita's life called Matsushita Leadership was written by American business management specialist John Kotter in 1998.
World War II, also known as the Second World War, was a global war that lasted from 1939 to 1945. The vast majority of the world's countries—including all the great powers—eventually formed two opposing military alliances: the Allies and the Axis. A state of total war emerged, directly involving more than 100 million people from over 30 countries. The major participants threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. World War II was the deadliest conflict in human history, marked by 50 to 85 million fatalities, most of whom were civilians in the Soviet Union and China. It included massacres, the genocide of the Holocaust, strategic bombing, premeditated death from starvation and disease, and the only use of nuclear weapons in war.
An incandescent light bulb, incandescent lamp or incandescent light globe is an electric light with a wire filament heated to such a high temperature that it glows with visible light (incandescence). The filament is protected from oxidation with a glass or fused quartz bulb that is filled with inert gas or a vacuum. In a halogen lamp, filament evaporation is slowed by a chemical process that redeposits metal vapor onto the filament, thereby extending its life.
After the war, Panasonic 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 Panasonic, but was later acquired by Panasonic in December 2009.
A keiretsu is a set of companies with interlocking business relationships and shareholdings. It is a type of informal business group. The keiretsu maintained dominance over the Japanese economy for the second half of the 20th century, and into a lesser extend, the early 21st century.
Toshio Iue was a Japanese inventor and industrialist who founded Sanyo Electric Co., Ltd.. Prior to the founding of Sanyo, he played an influential role in the growth and development of Matsushita Electric Works, working closely alongside his brother-in-law and lifetime confidant, Konosuke Matsushita.
Sanyo Electric Co., Ltd. is a Japanese major electronics company and formerly a member of the Fortune Global 500 whose headquarters was located in Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiaries and affiliates. Sanyo was founded by Toshio Iue.
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.
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 Panasonic released additional products, including black and white TV's (1952), electrical blenders, fridges (1953), rice cookers (1959), color TV's and microwave ovens (1966).
The company debuted a hi-fidelity audio speaker in Japan in 1965 with the brand Technics. This line of high quality stereo components became worldwide favorites, 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, Panasonic 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 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. billion. Matsushita subsequently sold 80% of MCA to Seagram Company for US$7 billion in April 1995.In November 1990, Matsushita agreed to acquire the American media company MCA Inc. for US$6.59
In 1998, Matsushita sold Anam National to Anam Electronics.
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.
On January 19, 2006, Panasonic announced that it would stop producing analog televisions (then 30% of its total TV business) from the next month, in order 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, regardless of worldwide or Japanese markets.
On November 3, 2008, Panasonic and Sanyo announced that they were holding merger talks, which eventually resulted in the acquisition of Sanyo by Panasonic. trillion (around $110 billion).The merger was completed in December 2009, and resulted in a corporation with revenues of over ¥11.2
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.
In October 2011, Panasonic announced that it would 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.
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 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 percent. On November 14, 2012, Panasonic said it will cut 10,000 jobs and make further divestments.
On May 18, 2013, Panasonic announced that it would invest $40 million in building a factory in Binh Duong, Vietnam, 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 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 July 2014, it was announced that Panasonic has reached a basic agreement with Tesla Motors to participate in the Gigafactory, the huge battery plant that the American electric vehicle manufacturer plans to build in the U.S. billion plant would employ 6,500 people, and reduce Tesla's battery costs by 30 percent. The company said it was looking at potential sites in Nevada, Arizona, Texas, New Mexico and California.In August 2014, Tesla said the plant would be built in the Southwest or Western United States by 2020. The $5
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.
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 Houston-based 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 struck agreements with three Australian energy utilities (Red Energy, Ergon Energy and ActewAGL) to trial its home-based battery storage options.
In November 2015, the Panasonic Corporation 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 Corporation start 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.
In February 2016, Panasonic and the City of Denver formed a formal partnership to make Denver the "smartest" city in America. 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 LiIon auto market share decreased from 47% in 2014 to 34% in 2015. billion by the company to construct the 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 $3.86 billion, most of it to be invested in Gigafactory.In June 2016, Tesla Motors, Inc. announced that Panasonic Corporation 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 confirmed a planned total investment of about $1.6
In 2016, it debuted its transparent TV.
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.
On 25 September 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.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.
As of March 31, 2012, Panasonic employed about 330,000 staff and had around 580 subsidiary companies. ¥7,846,216 million in 2012, of which 53 percent were generated in Japan, 25 percent in Asia (excluding Japan), 12 percent in the Americas and 10 percent in Europe.Panasonic had total revenues of
Panasonic's operations are organised into three broad "business fields" – Consumer, Solutions and Components & Devices – and nine "domain companies" – AVC Networks (which generated 17% of Panasonic's total 2012 revenues), Eco Solutions (15% of revenues), Appliances (15% of revenues), Industrial Devices (14% of revenues), Systems and Communications (8% of revenues), Automotive Systems (7% of revenues), Energy (6% of revenues), Healthcare and Manufacturing Solutions.
Panasonic invested a total of ¥520,216 million in research and development in 2012, equivalent to 6.6 percent of its revenues in that year. As of March 31, 2012, Panasonic held a total of 140,146 patents worldwide.
In July 2016, it was reported that Panasonic is now looking at making acquisitions in the artificial intelligence (AI) and machine learning space. According to a source, the company has put aside $10 million for use in either an acquisition or joint venture.
Panasonic Automotive Systems 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 formerly manufactured aftermarket vehicle audio products such as head units and speakers.
Panasonic Avionics Corporation (PAC), a subsidiary of Panasonic Corporation of North America, is a supplier of in-flight entertainment (IFE) and communication systems. [ citation needed ] A majority of the component manufacturing is carried out in Osaka, Japan.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.
In February 2017, Panasonic reported that the subsidiary was being investigated by American authorities under the FCPA.
Panasonic Mobile Communications manufactures mobile phone handsets and related equipment. As of 2012, it had around a 20 per cent share of the Japanese handset market. 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.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
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;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'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, Netherlands due to Brexit. Panasonic employs around 12,000 people in Europe, and the region generates around 10 per cent of its total revenues. In 2012, Panasonic had around a 10 per cent share of the consumer electronics market in Europe, ranking third behind Samsung Electronics (with 26 per cent) and LG Electronics (with 12 per cent).
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.
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.
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.
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 (formerly known as PT National Gobel Indonesia ) is the name of the company's Indonesia division based in Cawang, East Jakarta. Seigo Saifu is the current President Director and Rachmat Gobel is the current President Commissioner. Gobel is also the President Commissioner of Indosat. Panasonic Gobel Indonesia is a joint venture between Panasonic Corporation Japan and the Gobel Group of Indonesia.
Matsushita bought American media company MCA Inc. for US$6.6 billion.In 1995, it sold 80% of MCA's shares to Canadian drinks company Seagram. MCA was renamed Universal Studios in 1996, and its music division was renamed Universal Music Group.
Universal Studios is now a unit of NBCUniversal, which is now owned by Philadelphia-based Comcast. Universal Music Group is now owned by French media conglomerate Vivendi.
Panasonic used to manufacture 3DO gaming systems alongside GoldStar and Sanyo but stopped 3 years later, as it was not a success. There were a total of 2 million systems sold from 1993 to 1996, though it is not known how many of these were sold by each manufacturer. Panasonic obtained exclusive rights to manufacture the 3DO's successor console, the M2, but ultimately backed out of releasing it due to the highly competitive state of the console gaming market at the time.
Panasonic offers 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.Ventilation appliances such as electric fans are manufactured under KDK and rebranded as Panasonic.
Panasonic Corporation sells virtually all of its products and services worldwide under the Panasonic brand, having phased out the Sanyo brand in the first quarter of 2012.The company has sold products under a number of other brand names during its history.
In 1927, the company founder adopted the brand name "National"(ナショナルNashonaru) 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 "Technics"(テクニクスTekunikusu)" in 1965 for audio equipment. The use of multiple brands lasted for some decades.
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.
Panasonic sponsors the German football player Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany.
Panasonic owns Gamba Osaka, a club from the J. League, the main Japanese Professional Football League.
Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer.
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 (£518.5K ) jersey sponsorship deal for the India national football team.
Panasonic was a primary sponsor of Toyota's Formula One program, Panasonic Toyota Racing.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,Bryan Reffner, C.W. Smith, and Johnny Benson, Jr.. In 2007, Panasonic became a technology partner with Hendrick Motorsports, and will serve as a primary sponsor of the team's No. 24 car with Jeff Gordon for two races in 2014 and through 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 from 1975 to 1989, along with Technics.Various Panasonic ads appeared at the old Boston Garden during the 1980s.
On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team.
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.
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.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.
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.
Toshiba Corporation is a Japanese multinational conglomerate headquartered in Tokyo, Japan. Its diversified products and services include information technology and communications equipment and systems, electronic components and materials, power systems, industrial and social infrastructure systems, consumer electronics, household appliances, medical equipment, office equipment, as well as lighting and logistics.
Panasonic is the principal brand name of the Japanese electronics manufacturer Panasonic Corporation. The company sells a wide range of products under the brand worldwide, including plasma and LCD televisions, DVD and Blu-ray Disc recorders and players, camcorders, telephones, vacuum cleaners, microwave ovens, shavers, projectors, digital cameras, batteries, laptop computers, CD players and home stereo equipment, fax machines, scanners, printers, electronic white-boards, electronic components and semiconductors.
Victor Company of Japan, Ltd., TYO: 6792, usually referred to as JVC or The Japan Victor Company, is a Japanese international professional and consumer electronics corporation based in Yokohama. Founded in 1927, the company is best known for introducing Japan's first televisions and for developing the Video Home System (VHS) video recorder.
National was a brand used by Panasonic Corporation to sell home appliances, personal appliances, and industrial appliances. Neither National Semiconductor nor National Car Rental are related to Panasonic or the "National" brand.
The Hanshin Industrial Region is one of the largest industrial regions in Japan. Its name comes from the on-reading of the kanji used to abbreviate the names of Osaka (大阪) and Kobe (神戸), the two largest cities in the megalopolis. The GDP of this area is $341 billion, one of the world's most productive regions. 2014 Osaka and Kyoto's GDP per capita (PPP) was US$35,902.
Taiyo Yuden Co., Ltd. is a Japanese materials and electronics company, situated in Kyobashi, Chuo, Tokyo, that helped pioneer recordable CD technology (CD-R) along with Sony and Philips in 1988. Founded 60 years ago, Taiyo Yuden currently operates factories in Japan, Singapore, Korea, China, the Philippines, Taiwan, and Malaysia.
Quasar is an American brand of electronics, first used by Motorola in 1967 for a model line of transistorized color televisions. These TVs were marketed as containing all serviceable parts in a drawer beside the picture tube. It was then established as a subsidiary brand, with all Motorola-manufactured televisions being sold as Quasar by Motorola. Motorola sold its television business to Matsushita Electric, now Panasonic, in 1974 who continued producing and marketing televisions under the Quasar brand until 2005. In 2013 Panasonic re-registered the Quasar trademark.
Tesla, Inc. is an American automotive and energy company based in Palo Alto, California. The company specializes in electric car manufacturing and, through its SolarCity subsidiary, solar panel manufacturing. It operates multiple production and assembly plants, notably Gigafactory 1 near Reno, Nevada, and its main vehicle manufacturing facility at Tesla Factory in Fremont, California. As of June 2018, Tesla sells the Model S, Model X and Model 3 vehicles, Powerwall and Powerpack batteries, solar panels, solar roof tiles, and some related products.
Kawakita Denki Kigyosha, is the brand name used by Matsushita Ecology Systems Co., Ltd., a separate company of the Panasonic Corporation now Panasonic Ecology Systems Co. Ltd., to manufacture the group's ventilating products. Before becoming part of Matsushita Electric, KDK was a separate company not affiliated with Matsushita Electric Industrial Co. Ltd. KDK was registered as a trademark in 1912 but originated in 1909 as Nippon Electric Industry Co. Ltd.
Panasonic Electric Works Co., Ltd. can trace its beginnings to a company that was founded in 1918 by Konosuke Matsushita. Matsushita began making the flashlight components for bicycles, then progressed to making lighting fixtures.
Eneloop is a brand of 1.2-volt low self-discharge nickel–metal hydride (NiMH) rechargeable batteries and accessories developed by Sanyo, introduced in 2005.
Vestel is a Turkish home and professional appliances manufacturing company consisting of 18 companies specialised in electronics, major appliances and information technology. Vestel's headquarters and production plant are located in Manisa, while the company's parent conglomerate is the Istanbul based Zorlu Holding.
SolarCity Corporation is a subsidiary of Tesla, Inc. that specializes in solar energy services and is headquartered in San Mateo, California.
The Tesla Gigafactory 1 is a lithium-ion battery and electric vehicle subassembly factory near Reno, Nevada. The facility is owned and operated by Tesla, Inc. to supply the battery packs for its electric vehicles and stationary storage systems. It is located at the Tahoe Reno Industrial Center in Storey County, and employs around 3,000 people as of August 2018.
The Tesla Gigafactory 2 is a photovoltaic (PV) cell factory, leased by Tesla subsidiary SolarCity in Buffalo, New York. The factory, owned by the State of New York, was built on a remediated brownfield site from a former steel mill. Construction on the factory started in 2014 and was completed in 2016–17.
|Wikimedia Commons has media related to Panasonic .|