Panasonic Corporation, headquartered in Osaka, Japan, is a worldwide leader in the manufacture of electronic products for a wide range of consumer, business and industrial needs. With a turnover of USD 79 billion, the company ranks 65th in the Fortune 500 list of the largest global corporations and is ranked 4th in Fortune 500 index for ‘Electronics and Electrical Equipments’ and ranked as a 'World Super 50' by Forbes.
Its operations span 9 countries, with a workforce of about 385,000 spread over 75 companies. Panasonic has built 297 manufacturing facilities across the world, and has an annual spend exceeding US$5 billion on research and development. The Company recently acquired Sanyo in a USD 9 billion deal, making it the world’s second largest conglomerate in the electronics industry.
The Company provides solutions, not just products, to make everyday home and business life simpler, convenient and energy efficient, achieved through innovative technologies. At Panasonic, designers and engineers constantly endeavor to ensure that each evolution of product is better than its previous version by following stringent process to develop products that are more energy efficient, water efficient and long lasting.
Under its global Eco Ideas programme, which includes Eco Ideas for Life styles & Business – styles, the company develops energy-efficient, state-of-the-art products and encourages customers to live eco-conscious lifestyles with an aim to reduce CO2 emissions in households and manufacturing units.