Matsushita Electric
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A Better Life, A Better World
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Native name
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パナソニック株式会社 |
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Formerly called
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Matsushita Electric Industrial Co., Ltd. (1918-2008) |
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| Founded | March 13, 1918 Osaka, Japan |
| Founder | Kōnosuke Matsushita |
| Headquarters |
Kadoma, Osaka, Japan 34°44′38″N 135°34′12″E / 34.7438°N 135.5701°ECoordinates: 34°44′38″N 135°34′12″E / 34.7438°N 135.5701°E |
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Area served
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Worldwide |
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Key people
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| Revenue |
 ¥7.553 trillion (2016) |
 ¥367.0 billion (2016) |
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| Profit |
¥193.2 billion (2016) |
| Total assets |
¥5.596 trillion (2016) |
| Total equity |
¥1.705 trillion (2016) |
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Number of employees
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249,520 (2016) |
| Divisions | Panasonic Corporation of North America (US) |
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| Website | Panasonic |
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Footnotes / references |
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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.
The company was founded in 1918 and has grown to become one of the largest Japanese electronics producers alongside Sony, Hitachi, Toshiba 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.
Panasonic has a primary listing on the and is a constituent of the Nikkei 225 and TOPIX indices. It has a secondary listing on the .
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 Konosuke Matsushita as a vendor of duplex lamp sockets. In 1927, it began producing bicycle lamps, the first product which it marketed under the brand name National.
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