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Detailed introduction to Panasonic Corporation of Japan

Panasonic Electric Appliances was founded in 1918

In 1918

The founder Konosuke Matsushita founded the Panasonic Electric Appliances Manufacturing Co., Ltd. in Ozeki Town, Fukushima District, Osaka City. And began to produce light bulb sockets and rotary sockets for double light bulbs

1922

The first headquarters factory was built in Ozeki-cho, Fukushima-ku, Osaka

In 1923

Developed and marketed bullet-type lamps for bicycles, adopted an agency system to expand sales nationwide

In 1927

Developed and marketed lamps for bicycles Square lamps, this product began to use the "National" trademark

In 1929

The company name was changed to "Panasonic Electric Manufacturing Co., Ltd." and a program and creed were formulated.

In 1931

Started the production of radios and dry batteries

In 1932

The founding anniversary was established and the company’s true mission was announced

Established a trading department (which became Matsushita Electric Trading Co., Ltd. in 1935)

1933

Adopted the division system

The headquarters factory was moved to the newly built factory in Kadoma City

The 5 spirits that Matsushita Electric should contribute to society (changed to 7 spirits in 1937)

1934< /p>

Opened a "clerk (employee) training school"

1935

Established Matsushita Electric Trading Co., Ltd.

Reorganized the company into a joint-stock company restrictions and became Matsushita Electric Industrial Co., Ltd.

Adopted a branch system (established 9 companies including Matsushita Wireless Co., Ltd.)

1938

Through Matsushita Electric Trading The company started import business

1940

Held the first business policy presentation conference

1946

Established a labor union organization

In 1952

Collaborated with Nakagawa Machinery Co., Ltd. (now Panasonic Refrigerator)

Carried out technical cooperation with Philips Company of the Netherlands and established Matsushita Electronics Co., Ltd.

1953

Opened Central Research Institute

Opened New York Office

1954

Cooperated with Japan Victory Corporation (JVC)

1955

Established Kyushu Matsushita Electric Co., Ltd.

1956

Established Osaka Electric Seiko Co., Ltd. (now Panasonic Seiko)

1957

Started to set up sales stores nationwide

1958 Established Panasonic Communications Industry Co., Ltd.

1959

Established Matsushita Electric Corporation of America

1960

Began selling color TVs

1961

Konosuke Matsushita became chairman; Masaharu Matsushita became president

The first foreign production factory "after World War II" was established in Thailand

1962

Cooperated with Dongfang Electric Co., Ltd. (now Panasonic Electric Transmission Systems Co., Ltd.)

In 1968

The Panasonic Electric History Museum was officially opened< /p>

1969

Established Matsushita Tobashi Electronics Industry Co., Ltd.

The Matsushita Electric Technology Museum was officially opened

1970

< p>Established the "Panasonic Pavilion" at the Osaka International Expo to display products such as "Era Data Storage"

1971

Opened consumer consultation centers in exhibition halls distributed across the country

Listed on the New York Stock Exchange

1973

Konosuke Matsushita became consultant; Arataro Takahashi became chairman

Annual sales Amount exceeded 1 trillion yen

1976

Panasonic Electronic Components Co., Ltd. was established

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1977

Masushita Masaharu became chairman; Yamashita Toshihiko became president

Panasonic Household Equipment Co., Ltd. and Panasonic Industrial Machinery Co., Ltd. were established

1979

Panasonic Battery Industry Co., Ltd. was established

1986

Tanii Akio became president; Yamashita Toshihiko became chairman

Started using the "Panasonic" trademark in Japan

1987

Unified the financial year accounts of all Panasonic Group companies to the end of March

1988

Merge Matsushita Electric Industrial Co., Ltd. and Matsushita Electric Trading Co., Ltd.

1989

The founder and consultant Konosuke Matsushita passed away (at the age of 94)

1990

Acquired MCA Corporation of the United States

1991

Formulated basic environmental management policy (Panasonic Environmental Charter)

1993 Year

Yoichi Morishita became president; Akio Tanii became chairman

Obtained 100% of the equity of Panasonic Electronics Industry Co., Ltd.

1995

< p>The merger of Panasonic Electric Industrial Co., Ltd. and Panasonic Household Equipment Co., Ltd.

Transferred 80% of the controlling shares of MCA Corporation of the United States

1996

Started Selling DVD players

1997

Introducing the intra-company branch system

1998

80 years of business

< p>1999

Introduction of CCM (Capital Cost Emphasis on Operation and Management)

2000

Masashita Masaharu became the Honorary Chairman; Morishita Yoichi became the Chairman; Matsushita Masayuki was appointed Vice President; Nakamura Kunio was appointed President

In 2001

Launched the "Creation 21 Project"

After 89 years, it has Become a world-class giant in electrical products

In 2007, it ranked 59th among the world's top 500 companies, with sales of US$77.871 billion