# Panasonic Holdings Corporation

> Japanese multinational electronics corporation

**Wikidata**: [Q53247](https://www.wikidata.org/wiki/Q53247)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Panasonic)  
**Source**: https://4ort.xyz/entity/panasonic

## Summary
Panasonic Holdings Corporation is a Japanese multinational electronics corporation founded in 1918 by Kōnosuke Matsushita. Headquartered in Kadoma, Osaka, it operates globally in sectors such as electronics, appliances, and automotive systems. As of recent data, it employs over 257,500 people and generates annual revenues exceeding $7 billion.

## Key Facts
- **Founded**: March 13, 1918, as Matsushita Electric Industrial Co., Ltd.
- **Founder**: Kōnosuke Matsushita.
- **Headquarters**: Kadoma, Osaka, Japan.
- **Key Subsidiaries**: Sanyo, Panasonic Electric Works, KDK, and National.
- **Revenue (Recent)**: ¥7.34 trillion (approximately $73.4 billion USD).
- **Employees**: 257,533 (as of latest reports).
- **Stock Exchanges**: Listed on the Tokyo Stock Exchange (TSE), Nagoya Stock Exchange, and Philippine Stock Exchange.
- **Industry Classifications**: Electronics, home appliances, automotive, and semiconductor manufacturing.
- **Notable Brands**: Lumix (cameras), Viera (TVs), and Toughbook (rugged laptops).
- **Historical Names**: Matsushita Electric Industrial Co., Ltd. (until 2008).
- **Global Presence**: Operates in over 120 countries.
- **Key Technologies**: Developed AVC-Intra video compression, P2 storage media, and Archival Disc optical storage.
- **Memberships**: Part of the CE Linux Forum, SD Association, and Camera & Imaging Products Association.
- **Founding Date of Subsidiaries**: Sanyo (1947), KDK (1909), Panasonic Electric Works (1935).
- **Acquisitions**: Acquired Sanyo in 2009 and National in 2010.
- **Financial Performance**: Net profit of ¥149.36 billion (approximately $1.49 billion USD) in recent fiscal years.

## FAQs
**What is Panasonic Holdings Corporation's main business?**  
Panasonic Holdings Corporation primarily operates in the electronics sector, manufacturing products such as home appliances, automotive systems, and digital cameras, while also providing solutions in renewable energy and smart technologies.

**When and by whom was Panasonic founded?**  
Panasonic was founded on March 13, 1918, by Kōnosuke Matsushita in Osaka, Japan, initially as Matsushita Electric Industrial Co., Ltd.

**What are some of Panasonic's notable subsidiaries and brands?**  
Key subsidiaries include Sanyo and Panasonic Electric Works, with prominent brands such as Lumix (digital cameras), Viera (televisions), and Toughbook (rugged computing devices).

**Where is Panasonic headquartered, and where does it operate?**  
Headquartered in Kadoma, Osaka, Japan, Panasonic operates globally across more than 120 countries, with significant presence in Asia, Europe, and the Americas.

**What are Panasonic's key financial metrics?**  
Recent annual revenue exceeded ¥7.34 trillion (approximately $73.4 billion USD), with a global workforce of over 257,500 employees and net profits reaching ¥149.36 billion (around $1.49 billion USD).

**What industries and technologies is Panasonic involved in?**  
Panasonic engages in electronics manufacturing, home appliances, automotive systems, and semiconductor production, with notable technologies like AVC-Intra video compression and Archival Disc storage solutions.

## Why It Matters
Panasonic Holdings Corporation is a pivotal player in the global electronics industry, driving innovation in consumer electronics, automotive technology, and sustainable energy solutions. With a legacy spanning over a century, it has significantly influenced technological advancements, from early home appliances to modern smart devices. Its diverse product portfolio and commitment to research and development have positioned it as a leader in addressing contemporary challenges such as energy efficiency and digital transformation. Panasonic's global reach and strategic acquisitions, such as Sanyo, have further solidified its market presence, contributing to economic growth and shaping consumer lifestyles worldwide.

## Notable For
- **Longstanding Legacy**: Over 100 years of operation, evolving from a small electronics shop to a multinational conglomerate.
- **Diverse Product Portfolio**: Encompasses home appliances, automotive systems, digital cameras, and industrial solutions.
- **Innovative Technologies**: Developed key formats like AVC-Intra, P2 storage, and Archival Disc, catering to professional and consumer markets.
- **Global Acquisitions**: Strategic acquisitions, including Sanyo and National, enhancing its market share and technological capabilities.
- **Sustainability Initiatives**: Focus on eco-friendly products and renewable energy solutions, aligning with global environmental goals.
- **Cultural Impact**: Introduced iconic brands such as Lumix and Viera, influencing consumer electronics trends.

## Body

### History and Evolution
Panasonic Holdings Corporation originated as Matsushita Electric Industrial Co., Ltd. in 1918, founded by Kōnosuke Matsushita. Initially producing light sockets, the company expanded into radios, televisions, and home appliances, adopting the "Panasonic" brand name in 1955. Over the decades, it diversified through subsidiaries like Sanyo (acquired in 2009) and Panasonic Electric Works, solidifying its position in global electronics.

### Organizational Structure and Subsidiaries
The corporation operates through multiple subsidiaries, including:
- **Sanyo**: Acquired in 2009, specializing in electronics and energy solutions.
- **Panasonic Electric Works**: Established in 1935, focusing on electrical equipment and automation systems.
- **KDK**: Founded in 1909, manufacturing fans and home appliances.
- **National**: A historic brand acquired in 2010, known for home electronics.

### Key Products and Technologies
- **Lumix Cameras**: A flagship brand offering high-end digital cameras and lenses.
- **Viera TVs**: High-definition televisions emphasizing smart connectivity and picture quality.
- **Toughbook Laptops**: Rugged computing devices designed for extreme environments.
- **Archival Disc**: A professional optical storage format with capacities up to 5.5 terabytes, developed for long-term data preservation.

### Global Operations and Market Presence
Headquartered in Kadoma, Osaka, Panasonic maintains operations in over 120 countries, with stock listings on the Tokyo, Nagoya, and Philippine Stock Exchanges. Its revenue streams are diversified across electronics, automotive systems, and appliances, reflecting its adaptability to global market demands.

### Financial Performance and Impact
Recent financial reports indicate annual revenues exceeding ¥7.34 trillion, with a net profit of ¥149.36 billion. The company employs over 257,500 individuals worldwide, contributing significantly to local and global economies. Strategic investments in renewable energy and smart technologies underscore its commitment to sustainable growth.

### Memberships and Collaborations
Panasonic actively participates in industry consortia such as the CE Linux Forum, SD Association, and Camera & Imaging Products Association, driving standardization and innovation in electronics and technology.

### Cultural and Industrial Influence
Through iconic brands and continuous innovation, Panasonic has shaped consumer electronics trends, from analog devices to digital smart solutions. Its products, such as Lumix cameras and Viera TVs, have become synonymous with quality and reliability, influencing global consumer preferences.

### Challenges and Future Directions
Panasonic faces challenges from rapid technological shifts and competitive markets. Its focus on sustainability, exemplified by eco-friendly appliances and energy solutions, positions it to address environmental concerns while exploring emerging sectors like electric vehicles and IoT integration.

## References

1. [Source](https://www.panasonic.com/global/corporate/ir/pdf/panasonic_ar2017_e.pdf)
2. GRID Release 2017-01-10
3. CiNii Research
4. [Source](https://www.panasonic.com/global/corporate/ir/pdf/AnnualSecuritiesReport2017.pdf)
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7. [Source](https://www.linuxfoundation.org/membership/members/)
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9. [Source](https://www.w3.org/Consortium/Member/List)
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12. [Source](https://www.wirelesspowerconsortium.com/members/18174)
13. [Source](https://www.cipa.jp/e/guide/member-list.html)
14. Google Knowledge Graph
15. [Source](http://www.linux-usb.org/usb.ids)
16. [Source](https://na.panasonic.com/us/)
17. [Source](https://www.panasonic.com/uk/)
18. [Source](https://panasonic.com/de/)
19. [Source](https://panasonic.com/uk/)
20. GRID Release 2016-05-31
21. GRID Release 2016-12-06
22. [2020](https://www.gleif.org/content/4-lei-data/8-lei-mapping/1-download-bic-to-lei-relationship-files/bic_lei_gleif_v1_monthly_full_20200327.csv)
23. Aligned ISNI and Ringgold identifiers for institutions
24. Carnegie Hall linked open data
25. [Source](https://www.boijmans.nl/en/collection/artworks/155406/rf-93-rolling-tone)
26. [Source](https://www.centraalmuseum.nl/nl/maker/panasonic)
27. [Source](https://www.panasonic.com/global/corporate/brand/our-brand/brand_identity/corporate_brand.html)
28. [Source](https://www.moma.org/collection/works/3443)
29. [Working at Panasonic | Glassdoor](https://www.glassdoor.sg/Overview/Working-at-Panasonic-EI_IE4279.11,20.htm?countryRedirect=true)
30. [Panasonic Company Culture | Comparably](https://www.comparably.com/companies/panasonic)
31. Wikirate