Panasonic Corporation, a publicly owned Japanese conglomerate founded in 1935, employs approximately 31,610 people. Its diverse business portfolio includes five main units: appliances (refrigerators, air conditioners, washing machines, and televisions); life solutions (LED lighting, housing systems, and solar panels); connected solutions (personal computers, factory automation systems, and in-flight entertainment); automotive solutions (infotainment systems and batteries); and industrial solutions (various electronic devices). In 2023, the company reported revenues exceeding $1 billion. While it produces a wide range of products, digital signage and professional displays are a notable part of its offerings.

2024 Revenue

Founded

1935

Headcount

31,609

Headquarters

Japan

Primary Segment

Appliances, Electrical, and Electronics Manufacturing

Ownership

Publicly Owned

Deployments

22

News Summary:

Panasonic announced the launch of the LUMIX G9II digital mirrorless camera with a new sensor and Phase Detection Auto-Focus (PDAF) technology on 12th September 2023. The company also showcased its latest consumer products at IFA 2023 in Berlin from 29th August to 1st September 2023. Panasonic reaffirmed its commitment to greener energy and heating transition in Europe with investments in European heat pump production and hydrogen fuel cell projects. Additionally, Panasonic partnered with Team England wheelchair racing champion Hannah Cockroft to promote environmental sustainability globally. Furthermore, the company introduced the GNW10 Sound Slayer™, a wearable gaming speaker designed to enhance players' gaming experience.

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Panasonic offers 21 products in the media and telecoms services, pro AV and media tech industries. Panasonic's product portfolio comprises of content acquisition, broadcast professional services, consumer electronics, pro AV audio and conferencing, live production and digital signage and professional display.
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Panasonic's revenues were $55.9B in 2024. Caretta Research has split Panasonic's revenue into 14 different product categories, the largest of which is other, which represents 51% of Panasonic's revenue.
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Panasonic has customers like Oklahoma State University, UCLA and University of Wyoming. Examples of Panasonic's suppliers include Access Europe, Chyron and Telesat.

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