Panasonic Energy Co Ltd Company Profile by CMR

Company Profile

Panasonic Energy Co., Ltd. Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.	Item	Description
1	Company Name	Panasonic Energy Co., Ltd.
2	Website	www.panasonic.com
3	Established Date	1923
4	Headquartered	Japan
5	Market Position/ History	The company was established in 1923. In 1923, the company developed and released cannon-ball-shaped battery-powered shell lamps. It released the "excel dry battery" for cannon-ball-shaped battery-powered shell lamps. In 1937, the company released automotive lead-acid batteries. In the year 1971, Panasonic developed lithium primary batteries. Further, in 2009, the company developed multipurpose lithium ion battery modules. In 2012, the company established energy company of Panasonic group, followed by establishment of automotive & industrial systems company in 2013. In 2014, the company transferred the lead-acid battery business to GS Yuasa corporation. In 2019, the company established the industrial solutions company. Further, in 2020, Panasonic established Prime Planet Energy & Solutions, Inc., joint venture with TOYOTA, in Prismatic lithium-ion batteries business. In 2022, the company name changed to Panasonic Energy Co., Ltd. with the Panasonic Group's shift to an operating company system.
6	Sales Area	Worldwide
7	Ticker	BOM: 504093
8	No. of Employees	240,198 (as of March 2022)
9	Competitors	Duracell Inc. Energizer EVE Energy Co., Ltd Golden Power Group Holdings Ltd BeStar Technologies Inc
10	CEO	Yuki Kusumi
11	Manufacturing	9 in Japan and 11 in other countries
12	Ownership Type	Public
13	Contact Information	1-1, matsushita-cho, moriguchi-shi, osaka 570-8511, Japan Tel: +81 669081121

Business Segment/ Overview:

Panasonic Energy Co., Ltd. is one of the significant lithium-ion cells manufacturers and the company's business scope includes dry batteries that support convenient, comfortable daily lives, and also batteries support automotive industry including EV's and a broad range of social infrastructure. Panasonic Energy Co., Ltd. has its three business divisions namely, energy device business, mobility energy business, and energy solutions. The wide array of products offered by the company have their applications in vehicles, IoT, infrastructure, consumer goods, and many more. The company has a total of 20 global manufacturing sites, out of which 9 sites are in Japan and remaining 11 are in other countries. The organization has a total of 12 global sites, 1 in Japan and 11 in other countries. The company has its R&D office in Osaka, Japan.

Coin Cell Batteries Product Types Specification

Product

Description

Coin Lithium Batteries

Product details:

Panasonic Coin Lithium batteries are providing safe power in devices
High energy density and high 3 V output voltage support the trend towards device miniaturization
A single Coin Lithium can sometimes replace two or three conventional coin batteries
Coin Lithium has evolved as one of the significant micro-battery for safe, long-lasting power in diverse applications, from household electronics to the IoT devices that energize smart society.

Structure:

Coin Lithium has a design that contributes to its endurance. Concave cathode case and dimpled anode surface increase material adhesion, limit a rise in internal resistance, and support stable voltage and efficient discharge for lasting power.

Cathode (+) Concave Case Design:

Improves adhesion, limits a rise in internal resistance, stabilizes discharge, and extends life

Anode (-) Dimpled Surface Design:

Increases adhesion to lithium and anode material, stabilizing discharge and extending life

The coin lithium batteries undergo the following tests:

Crush test: 1,300 kg pressure-test evaluates burst resistance
Long-term test: checks capacity after 5 years in storage
Heat stress test: confirms leak resistance in a -10–60 °C temperature range
Vibration test: proves stability in the harshest applications

Recent Developments:

Year

Latest News

December 2022

Panasonic Energy and Lucid Group entered into an agreement for supply of lithium ion batteries

Panasonic Energy Co., Ltd., a Panasonic Group company, and Lucid Group, Inc entered into a multi-year agreement to supply batteries for Lucid's luxury electric vehicle, Lucid Air. Through this agreement, Panasonic's plan to expand the production capacity of lithium-ion batteries outside Japan and into the United States with production from both the facilities, in Japan and in De Soto, Kansas. The agreement assisted the company in its business expansion with expansion of production capacity.

Anushka Gore

Anushka Gore is a Senior Research Associate at Cognitive Market Research & Consulting, specializing in the Consumer Goods sector. She is involved in delivering comprehensive market intelligence and business research…

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Profile Details

Author Anushka Gore
Published 01 Dec 2023
Last Updated 30 Jul 2026
Reading Time~5 minutes
CoverageSWOT, Financials, Key Employees, History

- 1.1 About Panasonic Energy Co Ltd
- 1.2 Key Facts
- 1.3 Key Employees
  - 1.3.1 Key Employee Biographies
- 1.4 History
- 1.5 Locations & Subsidiaries
  - 1.5.1 Head Office
  - 1.5.2 Other Locations & Subsidiaries
- 2.1 Company Overview
- 2.2 Business Segments
- 2.3 R&D Overview
- 2.4 Brands
- 2.5 Key Company Statistics
- 2.6 Key Financials (2015–2019)
- 2.7 Share Holder Analysis
- 2.8 Regional Presence
- 2.9 Services Offered
- 3.1 Strengths
- 3.2 Weaknesses
- 3.3 Opportunities
- 3.4 Threats
- 3.5 Key Competitors
- 4.1 Company Metrics
- 4.2 Key Investors
- 4.3 Recent Funding & Valuation
- 4.4 Historical Funding & Valuation
- 5.1 Acquisitions
- 5.2 Partnerships
- 6.1 Latest News & Announcements
- 6.2 Strategic Initiatives
- 7.1 Summary of Findings
- 7.2 Strategic Recommendations

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Panasonic Energy Co Ltd Company Profile