Full Description

Panasonic Corporation (Panasonic), formerly Matsushita Electric Co., Ltd., is a manufacturer of electronic and electric products for a range of consumer, business and industrial uses, as well as a variety of components. The Company operates in five segments: Digital AVC Networks, Home Appliances, Panasonic Electric Works Co., Ltd. (PEW) and PanaHome Corporation (PanaHome), Components and Devices, and Other. Digital AVC Networks includes video and audio equipment, and information and communications equipment. Home Appliances includes household equipment. PEW and PanaHome includes electrical supplies, home appliances, building materials and equipment, and housing business. Components and Devices include semiconductors, general electronic components, batteries and electric motors. The Company has 24.4% interest in JVC KENWOOD Holdings, Inc. In April 2009, Toshiba Corporation acquired all of Panasonic’s interest in Toshiba Matsushita Display Technology Co., Ltd.