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Panasonic Corporation is one of the world’s largest manufacturers of consumer electronics, ranked 5th on the Fortune 500 Electronics & Electrical Equipment Index.
The company was founded in 1918 by Konosuke Matsushita and has grown from just 3 employees to about 306,000 people worldwide.
Based in Osaka, Japan, the company recorded consolidated net sales of 9.07 trillion yen (US$90.52 billion) for the year ended March 31, 2008. Panasonic comprises of 556 companies. It manufactures and markets over 15,000 products.
Panasonic is synonymous with innovation, quality, performance and reliability. Products sold under the Panasonic name cover a very broad range including: audio/visual entertainment products, computers, semiconductors, telecommunications, industrial solutions, professional broadcast equipment, home appliances, automotive electronics and other electronic and consumer products.
Panasonic, as one of the world’s premier technology companies, devotes vast resources in its global research laboratories and production divisions to successfully create and implement cutting edge technologies of the future.
Panasonic was the biggest applicant of patents ranked by “The World Intellectual Property Organization Patent Cooperation Treaty” for its 2,100 patents submitted in 2007.
In its vision for the 21st century, Panasonic targets not only a ubiquitous networking society but also coexisting with the global environment. Panasonic sees its responsibility not just limited to growing its sales numbers and production facilities, but also to caring about the environment in order to sustain life for future generations.
The Panasonic Toyota Racing team stands for a partnership of two highly recognized Japanese brands that are not only committed to continuous improvement of products and technologies but also to innovations demonstrating thought leadership in its respective markets.
