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Why does Panasonic have two logos? What do they mean (N or P)?

Panasonic began to use the "National" trademark in 1927. The original meaning of "National" was "state-owned."

The "Panasonic" trademark began to be used in Japan in 1986. From the word itself, "Pana-" means "whole, whole, in short" and "-sonic" means sound. The whole word means all sounds.

Making meaningful trademarks meaningless is an action that many companies have done before. Using a meaningless name can make the extension of their brand wider, so in fact, "Panasonic" itself is A name with no precise meaning.