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Panasonic

Panasonic

Japanese electronics and industrial technology group

Osaka, JP Founded 1918 500+ employees

About

Panasonic Holdings is a Japanese electronics company with headquarters in Osaka. Konosuke Matsushita founded it in 1918 as Matsushita Electric Housewares Manufacturing Works. The group reports results in yen. Its Osaka headquarters stands near the company's first factory sites, and it runs many plants in Japan, China and Southeast Asia.

The group makes home appliances, audio and video equipment, cameras, electric bicycles, car electronics and batteries. It supplies lithium-ion cells to carmakers, including Tesla, from plants in Japan and the United States. It also sells industrial systems and building products.

The company adopted the name Panasonic in 2008 and moved to a holding company structure in 2022. It is listed in Tokyo. The Technics and Lumix lines are among its better-known consumer brands. The group also makes air conditioners, rice cookers and shavers. It sells through retailers and directly to businesses. Competitors include Sony, LG Electronics and Samsung.
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