Panasonic Holdings Corporation Basic Information, Manufacturing Base, Sales Area, and Its Competitors
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Sr. No. |
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Description |
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1 |
Company Name |
Panasonic Holdings Corporation |
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2 |
Website |
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3 |
Established Date |
1918 |
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4 |
Headquartered |
Japan |
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Market Position/ History |
Founded in 1918 by Konosuke Matsushita, Panasonic (originally Matsushita Electric) began as a small manufacturer of wiring instruments. Over the years, the company evolved into a global electronics giant, marked by key events such as the establishment of the "National" brand in 1927, the incorporation of Matsushita Electric Industrial Co., Ltd. in 1935, and its listing on various stock exchanges in the 1940s and 1950s. It expanded its global footprint through the formation of subsidiaries, partnerships, and acquisitions, including a major alliance with Philips in 1952 and the formation of Matsushita Electric Corporation of America in 1959. The company’s growth accelerated with the establishment of key research labs and the absorption of numerous subsidiaries, culminating in the acquisition of MCA Inc. (later Universal Studios) in 1990 and SANYO Electric Co. in 2009. By the late 20th and early 21st centuries, Panasonic continued reshaping its corporate identity through mergers and acquisitions, including the integration of JVC and Matsushita Refrigeration. A key turning point came in 2008 when the company rebranded itself from Matsushita Electric to Panasonic Corporation. Further restructuring followed, such as the formation of joint ventures with Toshiba and Toyota, as well as the strategic focus on the automotive and smart technologies sectors. In 2022, Panasonic transitioned into a holding company structure under the name Panasonic Holdings Corporation, marking a significant shift toward more diversified and specialized operating companies. The company’s evolution reflects its resilience and adaptability in the ever-changing global market. |
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Sales Area |
Asia, Europe, the Americas |
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Manufacturing Location |
The production locations are in Europe (4 bases), China & Northeast Asia (12 bases), Japan (25 bases), Southeast Asia & India (2 bases), North America (1 base), and Central America (1 base). |
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Ticker |
TYO: 6752 |
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9 |
No. of Employees |
228,420 (As of 31 March, 2024) |
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Competitors |
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11 |
CEO |
Yuki Kusumi |
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Ownership Type |
Public |
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Contact Information |
1006, Oaza Kadoma, Kadoma-shi, Osaka 571-8501, Japan Tel: +81-6-6908-1121 |
Business Segment/ Overview:
Panasonic Corporation operates across five main business segments: Lifestyle, Automotive, Connect, Industry, and Energy. Each segment offers a range of products and services, focusing on innovation, sustainability, and improving quality of life.
Lifestyle Segment
The Lifestyle segment provides a wide variety of products designed for residential, commercial, and industrial use. These include home appliances (refrigerators, washing machines, air conditioners), HVAC systems, lighting solutions, and commercial equipment like refrigeration/freezer display cases. The company emphasizes energy-efficient technologies and natural refrigerants to reduce CO2 emissions, contributing to a sustainable society. Panasonic focuses on enhancing living standards while minimizing environmental impact, primarily in Japan, China, and Northeast Asia.
Automotive Segment
This segment is focused on creating innovative technologies for vehicles, offering a broad portfolio of automotive products such as infotainment systems, advanced driver assistance systems (ADAS), head-up displays, speakers, switches, and solutions for electric vehicles (xEVs). Panasonic’s approach integrates human emotion ("Heartmotive") with automotive technology to deliver comfort, safety, and environmental sustainability. The segment also emphasizes eco-friendly mobility, weight reduction, and the use of recycled materials while driving the transition toward electrification in the automotive industry.
Connect Segment
In this segment, Panasonic supports business operations through B2B solutions, particularly in manufacturing, logistics, and retail. By utilizing hardware, software, and technological innovations, the company optimizes operational processes and addresses challenges like labor shortages and increasing process complexity. The segment also focuses on environmental sustainability, reducing disposal loss and energy consumption, while working to improve productivity and efficiency for customers, contributing to a more sustainable business ecosystem.
Industry Segment
The Industry segment provides a wide array of electronic and industrial devices for applications in various sectors, including manufacturing, automotive, and information technology. Panasonic develops products that address societal challenges, such as labor shortages, data proliferation, and environmental concerns. These include relays, switches, sensors, capacitors, and motors. Through continuous technological advancements, the company aims to minimize environmental impact and achieve carbon neutrality in its manufacturing processes, while contributing to societal progress.
Energy Segment
The Energy segment focuses on providing energy solutions aimed at supporting mobility and societal infrastructure, with a strong emphasis on environmental sustainability. The key areas include automotive batteries for electric vehicles, industrial batteries for applications like data centers and home energy storage, and dry batteries for everyday use. Panasonic strives to reduce CO2 emissions and promote the electrification of mobility and society, enhancing security, safety, and sustainability in the process.
Other segment
In the Other segment, Panasonic operates in two key areas: Entertainment & Communication and Housing. The Entertainment & Communication area includes products such as TVs, digital cameras, video equipment, audio equipment, and telephones/intercom systems, designed to enhance both consumer and professional media and communication experiences through high-quality audio and visual technology. Panasonic Entertainment & Communication Co., Ltd. oversees the development and marketing of these products. In the Housing segment, Panasonic focuses on improving residential and commercial environments with products like kitchen and bathroom fittings, interior products, and exterior building materials, promoting sustainable and comfortable living spaces that integrate both design and functionality for energy-efficient living. Panasonic Housing Solutions Co., Ltd. and KMEW Co., Ltd. are key companies in this area.
Business Strategy
Panasonic Holdings Corporation strategy focuses on driving sustainability, innovation, and value creation for society and customers. The company leverages its diverse portfolio across several business segments—including Lifestyle, Automotive, Connect, Industry, and Energy—to provide integrated solutions aimed at addressing global challenges like climate change and resource depletion. By prioritizing energy-saving technologies, smart mobility, and advanced industrial solutions, Panasonic aims to achieve long-term environmental sustainability while enhancing both quality of life and business operations.
The company’s growth is propelled by strategic investments in high-potential areas, especially in automotive batteries and energy solutions. Panasonic emphasizes operational excellence by continually improving its manufacturing processes and supply chain capabilities to remain agile in responding to market demands. Its global operations across Asia, Europe, the Americas, and Japan strengthen its ability to seize new opportunities in fast-evolving sectors such as electric vehicles and connected systems. Additionally, the company’s commitment to R&D and design-driven management positions it as an innovator in addressing societal needs, with a focus on future-driven, human-centric solutions.
Author's Detail:
Sneha Mali /
LinkedIn
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.