Panasonic Corp.

History

YearDetail
1918 Konosuke Matsushita founded Matsushita Denkikigu Seisakusho at Ohiraki-cho, Fukushima-ku, Osaka, and started to manufacture wiring instruments.
1923 Bullet-shaped bicycle lamp developed.
1935 Established Matsushita Electric Trading Co., Ltd. And Incorporated as Matsushita Electric Industrial Co., Ltd. on December 15, 1935
1949 Listed on the Tokyo Stock Exchange and Osaka Securities Exchange.
1952 Established Matsushita Electronics Corporation through a technology alliance with Philips in the Netherlands and transferred four lamp manufacturing factories to this establishment.
1953 It has established the Central Research Laboratory.
1955 The Company has established Kyushu Matsushita Electric Co., Ltd. (subsequently renamed Panasonic Communications Co., Ltd.).
1958 Established Matsushita Communication Industrial Co., Ltd. (subsequently renamed Panasonic Mobile Communications Co., Ltd.) and transferred the communication equipment manufacturing section to this establishment.
1959 It has established established Matsushita Electric Corporation of America.
1962 Formed a capital alliance with Toho Denki Kabushiki Kaisha (subsequently renamed Matsushita Graphic Communication Systems, Inc.).
1979 Established Matsushita Battery Industrial Co. Ltd.
1985 Established Semiconductor Fundamental Research Laboratory.
1990 Acquired MCA INC. (MCA), a leading entertainment company in the U.S.
1993 Dissolved partnership with Philips regarding Matsushita Electronics Corporation and purchased all shares of Matsushita Electronics Corporation, which Philips held.
1995 Absorbed Matsushita Household Equipment Co. Ltd.
2002 Established a joint venture with liquid crystal display panel manufacturing company, Toshiba Matsushita Display Technology Co. Ltd., with Toshiba Corporation.
2003 Started a joint venture with cathode ray tubes manufacturing company, Matsushita Toshiba Picture Display Co., Ltd. (subsequently renamed MT Picture Display Co., Ltd., liquidated in May 2019) with Toshiba Corporation.
2008 The Company changed its name from Matsushita Electric Industrial Co. Ltd. to Panasonic Corporation.
2009 Acquired majority of the voting rights in SANYO Electric Co., Ltd. (SANYO) and made SANYO and its subsidiaries into consolidated subsidiaries of the Company.
2011 Made PEW and SANYO into wholly-owned subsidiaries through share exchanges.
2013 Panasonic System Solutions Japan Co., Ltd. absorbed companies, including Panasonic System Networks Co., Ltd., and was at the same time renamed Panasonic System Networks Co., Ltd. (Subsequently, following certain reorganizations, in April 2022, merged into Panasonic Connect Co., Ltd.)
2014 Transferred semiconductor business to Panasonic Semiconductor Solutions Co., Ltd. in the Company split. (Subsequently, in September 2020, transferred all the shares and other related assets of the semiconductor business.)
2020 Established Prime Planet Energy & Solutions, Inc., a joint venture automotive prismatic battery business, with Toyota Motor Corporation.
2021 Acquired additional shares of Blue Yonder Holding, Inc. (20% of its shares were acquired in July 2020) and made Blue Yonder Holding, Inc., together with its subsidiaries, a wholly owned subsidiary of the Company.
2022 Became a holding company as a result of transferring each business of the Company to nine companies, including the operating companies, through an absorption-type company split, and changed its name from Panasonic Corporation to Panasonic Holdings Corporation.