Since our founding in 1918 we have been working to "improve and enhance society," and "advance the culture of the world." We will continue to create value by confronting social issues head-on with the hope of creating an "ideal society" filled with both material and spiritual wealth.
Since our founding in 1918 we have been working to "improve and enhance society," and "advance the culture of the world." We will continue to create value by confronting social issues head-on with the hope of creating an "ideal society" filled with both material and spiritual wealth.
Group Overview
Common Stock
259.4billion yen
Number of Employees
228,420
Number of Consolidated Companies
512
(including parent company)
Net Sales
8,496.4billion yen
Group CEO's Message
We will unite all of our strengths to achieve our corporate slogan "Live Your Best."
All of the Group's employees will unite their efforts and continue to challenge themselves individually to make further improvements.
Business Philosophy
The mission of the Panasonic Group is to achieve “anideal society with affluence both in matter and mind,” as advocated by the founder, Konosuke Matsushita, as “prosperity both in terms of material and spiritual affluence.” To achieve this, the Company established its Basic Business Philosophy as an approach toward applying the management philosophy created by its founder and the core principles of the Basic Management Objective, the Company Creed, the Seven Principles.
The mission of the Panasonic Group is to achieve “anideal society with affluence both in matter and mind,” as advocated by the founder, Konosuke Matsushita, as “prosperity both in terms of material and spiritual affluence.” To achieve this, the Company established its Basic Business Philosophy as an approach toward applying the management philosophy created by its founder and the core principles of the Basic Management Objective, the Company Creed, the Seven Principles.
Practicing the Business Philosophy
Management Policy
Value Creation Process
In order to achieve “an ideal society with affluence both in matter and mind,” Panasonic is committed to enhancing competitiveness in terms of both strategy and operational capability under our Basic Business Philosophy. We will increase our corporate value by returning the profits we receive as a result of our contributions back to society and by making investments to strengthen our competitiveness and further expand our contributions.
In order to achieve “an ideal society with affluence both in matter and mind,” Panasonic is committed to enhancing competitiveness in terms of both strategy and operational capability under our Basic Business Philosophy. We will increase our corporate value by returning the profits we receive as a result of our contributions back to society and by making investments to strengthen our competitiveness and further expand our contributions.
Materiality
We identify important opportunities and risks related to sustainability as materialities from the two perspectives of “financial effects on the Company” and “impact on society.” In response to these materialities, we aim to improve our sustainability management by creating new business opportunities and lowering risks.
Panasonic Group Strategy Briefing
May 17, 2024
Our Businesses
We provide products and solutions that contribute to the daily lives and business activities of our customers in their homes, towns, and in the wider society.
Group Initiatives
Technology
By integrating business, technology, and creativity to create the values demanded in thefuture to come, we will realize ideal lifestyles and societies solving social issues globaly.
Design
Our design philosophy is Future Craft. Our role is to continue to create the future of lifestyle and societies along with the stories that will connect to our customers.
Brand
Introducing the principles, identity, and history of the Panasonic Group's brand, and our communication activities.
Panasonic GREEN IMPACT
The Panasonic Group aims to achieve both a better life and a sustainable global environment, by creating impacts from actions that reduce our own CO2 emissions, contribute to avoiding CO2 emissions of society, and realize a circular economy.
Intellectual Property
We are promoting co-creation activities to solve social issues in three steps, shared knowledge, circulation of knowledge, and network creation, under IP Department purpose “Circulating intangible properties, transforming them into value, and making the world happier”.
Procurement Activities
We have compiled a "Procurement Policy" and operate based on the concept that "Our suppliers are indispensable partners in creating the value that our customers seek, while continuing to study and cooperate based on mutual trust with us."