68 Facts About Panasonic


Panasonic has a primary listing on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX 100 indices.

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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.

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Panasonic has sold products under a number of other brand names during its history.

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Panasonic began to use the brand name "Technics" in 1965 for audio equipment.

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In May 2003, the company announced that "Panasonic" would become its global brand, and launched the global tagline "Panasonic ideas for life.

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Panasonic 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.

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Panasonic manufactured MSX computers of their own, such as Panasonic FS-A1.

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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.

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In October 2011, Panasonic announced that it was going to 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.

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In January 2012, Panasonic announced that it had struck a deal with Myspace on its new venture, Myspace TV.

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On November 14, 2012, Panasonic said it will cut 10, 000 jobs and make further divestments.

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In July 2013, Panasonic signed an agreement with Sony Corporation to develop Archival Disc, described as an optical disc format for long-term data archival purposes.

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Panasonic Healthcare was later renamed as PHCHD, which stands for Panasonic HealthCare HD.

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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 In August 2014, Tesla said the plant would be built in the Southwest or Western United States by 2020.

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Panasonic said it was looking at potential sites in Nevada, Arizona, Texas, New Mexico and California.

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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.

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In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores.

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In January 2015, Panasonic announced it has stopped making TVs in China and plans to liquidate its joint venture in Shandong.

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In March 2015, Panasonic announced plans to buy Houston-based satellite communication service provider ITC Global.

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Panasonic intends to use South Africa as a springboard into Africa, with Nigeria and Egypt as its initial targets.

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In June 2015, Panasonic struck agreements with three Australian energy utilities to trial its home-based battery storage options.

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In November 2015, Panasonic announced that it set up a new plant in Suzhou, China, through its subsidiary, Panasonic Ecology Systems Co.

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In November 2015, Panasonic starts 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.

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In June 2016, Tesla announced that Panasonic would be the exclusive supplier of batteries for its mass market vehicle Model 3.

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In July 2016, Panasonic unveiled its interest in making acquisitions in the artificial intelligence and machine learning space.

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On September 25, 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.

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In 2019, Panasonic sold its semiconductors and security systems businesses.

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Panasonic decided to completely exit from the liquid-crystal display panel business by 2021, marking the end of its display production, to focus its resources on the automotive and industrial businesses.

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In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals Fuji Electric, Sanden and Glory.

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On November 19, 2020, Panasonic announced a restructuring set to be completed by 2022 in which the company spins off the domain companies as wholly owned subsidiaries while transforming itself into the holding company named Panasonic Holdings Corporation.

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Panasonic's plans are similar to that of its competitor, Sony, did on April 1, 2021, when Sony Corporation became Sony Group Corporation.

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Panasonic had total revenues of in 2012, of which 53 percent were generated in Japan, 25 percent in Asia, 12 percent in the Americas and 10 percent in Europe.

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Panasonic invested a total of in research and development in 2012, equivalent to 6.

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Panasonic was the world's top patent applicant for three decades, from the 1980s to the 2000s.

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Panasonic Homes was a Japanese real estate and construction company and a subsidiary of Life Solutions Company, Panasonic, founded as the housing unit of Matsushita Electric Works in 1963.

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In recent years, Panasonic Homes has been involved in developing smart cities.

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In 2019, it was announced that Toyota and Panasonic would initiate a process to merge their housing businesses, Toyota Housing and Misawa Homes from the former and Panasonic Homes of the latter, into a joint venture scheduled to be established in January 2020 and co-controlled by the two parties, named Prime Life Technologies Corporation.

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In February 2017, Panasonic reported that the subsidiary was being investigated by American authorities under the FCPA.

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Panasonic used to market mobile phone handsets worldwide, but in December 2005 announced its withdrawal from overseas markets due to poor sales.

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Panasonic returned to the overseas market in 2012, with the release of the Panasonic Eluga Android-powered smartphone.

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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.

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From July 2013 to January 2018, Panasonic India has released one more series of Android Smartphones Panasonic P Series, along with Eluga Series.

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Automotive Systems Business Division, Automotive Company, Panasonic, formerly Panasonic Automotive Systems, is an original equipment manufacturer of factory installed mobile audio equipment such as headunits, speakers and navigation modules.

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Panasonic formerly manufactured aftermarket vehicle audio products such as head units and speakers.

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Panasonic Europe is headquartered in London, England, but it is moving its headquarters to Amsterdam, Netherlands due to Brexit.

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Panasonic employs around 12, 000 people in Europe, and the region generates around 10 percent of its total revenues.

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In 2012, Panasonic had around a 10 percent share of the consumer electronics market in Europe, ranking third behind Samsung Electronics and LG Electronics (with 12 percent).

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In May 2015, Panasonic launched its virtual solar service to UK consumers.

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Panasonic used to manufacture 3DO gaming systems alongside GoldStar and Sanyo but stopped 3 years later, as it was not a success.

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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.

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In 2014, Panasonic Healthcare was bought by outside investors and renamed as PHCHD, which stands for Panasonic HealthCare HD.

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Panasonic had been in the semiconductor industry since 1957, when it started the mass production of silicon transistors and bipolar ICs.

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In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.

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Panasonic has offered 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.

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Panasonic owns Panasonic Wild Knights a rugby club base in Gunma just outside of Tokyo.

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Panasonic owns Gamba Osaka, a club from the J League, the main Japanese Professional Football League.

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Panasonic is an official partner and sponsor of AFC Champions League and Major League Soccer.

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Panasonic was a primary sponsor of Toyota's Formula One program, Panasonic Toyota Racing.

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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.

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Panasonic has been a top level sponsor of the Olympic Games since the Seoul Olympics in 1988.

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Panasonic was the official partner and sponsor of the Boston Celtics from 1975 to 1989, along with Technics.

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Various Panasonic ads appeared at the old Boston Garden during the 1980s.

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On September 8, 2016, Panasonic was unveiled as the title sponsor for the new Jaguar Formula E team.

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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.

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Panasonic is ranked in joint 11th place 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.

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Panasonic 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.

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In 2020, Panasonic joined WIPO GREEN as an official partner in a effort to adress climate change.

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In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to “virtually net zero” carbon dioxide.

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