Main Activities, Products, and Services:
The Company contributed to the happiness, prosperity and peace of the people through the supply of electric and electronic goods. After World War Two, the Japanese economy grew and the Company immediately expanded with the economy, as the society's demand for refrigerators, washing machines, and black-and-white TVs increased. The Company evolved from a consumer products manufacturer to a comprehensive electronics products manufacturer. It expanded its business in the areas of information and communications technology, industrial equipment and components and devices in the 1980s. The Company has been developing activities in areas such as multimedia products, audiovisual equipment, and advanced electronic components and devices.
Conglomeratization:
Panasonic produces electronic and electric products in a broad array of business areas. This is organized into eight segments: AVC Networks, Appliances, Systems & Communications, Eco Solutions, Automotive Systems, Industrial Devices, Energy, and Other. The "Other" includes the business areas such as the Manufacturing Solutions Company and the Healthcare Company. These diversified fields indicate conglomeratization.
Divisions/Subsidiaries:
Matsushita Refrigeration Company
Wakayama Precision Company
Matsushita Communication Industrial Co., Ltd.
Kyushu Matsushita Electric Co., Ltd.
Matsushita Seiko Co., Ltd.
Matsushita Kotobuki Electronics Industries, Ltd.
Matsushita Electronic Components Co., Ltd.
Matsushita Battery Industrial Co., Ltd.
Panasonic Electric Works Co., Ltd. (PEW)
PanaHome Corporation
SANYO Electric Co., Ltd. (SANYO)
Matsushita Graphic Communication Systems, Inc.
Matsushita Electronics Corporation
Victor Company of Japan, Limited (JVC)
IPS Alpha Technology, Ltd. (IPS Alpha)
Panasonic Communications Co., Ltd.
Panasonic Liquid Crystal Display Co., Ltd.
Panasonic Electronic Devices Co., Ltd. (PED)
Horizontal Integration:
PEW, Panasonic Communications Co., Ltd., Panasonic Liquid Crystal Display Co., Ltd., and PED are all in the same businesses. The acquisition of these companies indicates horizontal integration.
Vertical Integration:
Wakayama Precision Company, SANYO, JVC, and IPS Alpha are in related businesses. The acquisition of these companies indicates vertical integration.
Principal Overseas Subsidiaries:
Panasonic Corporation of North America - U.S.A
Panasonic Avionics Corporation - U.S.A
Panasonic do Brasil Limitada - Brazil
Panasonic Europe Ltd. - U.K.
Panasonic AVC Networks Czech, s.r.o. - Czech Republic
Panasonic Asia Pacific Pte. Ltd - Singapore
Panasonic India Pvt. Ltd. - India
Panasonic Taiwan Co., Ltd. - Taiwan
Panasonic Corporation of China - China
Panasonic Appliances Air-Conditioning (Guangzhou) Co., Ltd. - China
Globalization:
All of these countries across the world indicate globalization.
Media Synergy:
Panasonic and PEW have overlapping business areas such as home appliances, industrial equipment, electrical supplies, and building materials and equipment. They have reformed distribution channels to provide an advanced, customer-oriented operational structure. Both companies have improved their strength to achieve sales increases in products such as air purifiers, bathroom systems, and modular kitchens. This enhanced combined effect indicates media synergy.
The Company contributed to the happiness, prosperity and peace of the people through the supply of electric and electronic goods. After World War Two, the Japanese economy grew and the Company immediately expanded with the economy, as the society's demand for refrigerators, washing machines, and black-and-white TVs increased. The Company evolved from a consumer products manufacturer to a comprehensive electronics products manufacturer. It expanded its business in the areas of information and communications technology, industrial equipment and components and devices in the 1980s. The Company has been developing activities in areas such as multimedia products, audiovisual equipment, and advanced electronic components and devices.
Conglomeratization:
Panasonic produces electronic and electric products in a broad array of business areas. This is organized into eight segments: AVC Networks, Appliances, Systems & Communications, Eco Solutions, Automotive Systems, Industrial Devices, Energy, and Other. The "Other" includes the business areas such as the Manufacturing Solutions Company and the Healthcare Company. These diversified fields indicate conglomeratization.
Divisions/Subsidiaries:
Matsushita Refrigeration Company
Wakayama Precision Company
Matsushita Communication Industrial Co., Ltd.
Kyushu Matsushita Electric Co., Ltd.
Matsushita Seiko Co., Ltd.
Matsushita Kotobuki Electronics Industries, Ltd.
Matsushita Electronic Components Co., Ltd.
Matsushita Battery Industrial Co., Ltd.
Panasonic Electric Works Co., Ltd. (PEW)
PanaHome Corporation
SANYO Electric Co., Ltd. (SANYO)
Matsushita Graphic Communication Systems, Inc.
Matsushita Electronics Corporation
Victor Company of Japan, Limited (JVC)
IPS Alpha Technology, Ltd. (IPS Alpha)
Panasonic Communications Co., Ltd.
Panasonic Liquid Crystal Display Co., Ltd.
Panasonic Electronic Devices Co., Ltd. (PED)
Horizontal Integration:
PEW, Panasonic Communications Co., Ltd., Panasonic Liquid Crystal Display Co., Ltd., and PED are all in the same businesses. The acquisition of these companies indicates horizontal integration.
Vertical Integration:
Wakayama Precision Company, SANYO, JVC, and IPS Alpha are in related businesses. The acquisition of these companies indicates vertical integration.
Principal Overseas Subsidiaries:
Panasonic Corporation of North America - U.S.A
Panasonic Avionics Corporation - U.S.A
Panasonic do Brasil Limitada - Brazil
Panasonic Europe Ltd. - U.K.
Panasonic AVC Networks Czech, s.r.o. - Czech Republic
Panasonic Asia Pacific Pte. Ltd - Singapore
Panasonic India Pvt. Ltd. - India
Panasonic Taiwan Co., Ltd. - Taiwan
Panasonic Corporation of China - China
Panasonic Appliances Air-Conditioning (Guangzhou) Co., Ltd. - China
Globalization:
All of these countries across the world indicate globalization.
Media Synergy:
Panasonic and PEW have overlapping business areas such as home appliances, industrial equipment, electrical supplies, and building materials and equipment. They have reformed distribution channels to provide an advanced, customer-oriented operational structure. Both companies have improved their strength to achieve sales increases in products such as air purifiers, bathroom systems, and modular kitchens. This enhanced combined effect indicates media synergy.