Panasonic
A prominent Japanese multinational conglomerate firm with its headquarters in Kadoma, Osaka, Panasonic Holdings Corporation was formerly Matsushita Electric Industrial Co., Ltd. between 1935 and 2008 and the first iteration of Panasonic Corporation between 2008 and 2022. It was established in 1918 as a maker of lightbulb sockets by Knosuke Matsushita.
Panasonic provides a wide range of goods and services, including rechargeable batteries, automotive and avionic systems, industrial systems, home remodeling, and construction. It was formerly the largest producer of consumer electronics in the world. Panasonic is a component of the Nikkei 225 and TOPIX 100 indices and has its principal listing on the Tokyo Stock Exchange. The Nagoya Stock Exchange also lists it as a secondary listing.
In April of the year 2023, Panasonic's market valuation was estimated at $23.16 billion. As a result of this price, Panasonic is now the 770th most valuable corporation in the world. The most up-to-date financial data reveal a TTM revenue of $61.54 billion for Panasonic. The company's sales in 2021 were $64.74 billion, up from $62.36 billion in the previous year.
Founded: March 7, 1918
Headquarters: Kadoma, Osaka, Japan
Website: holdings.panasonic