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Panasonic is a company that develops, produces and sells electrical and electronic products. It operates through five main business units: Appliances, Life Solutions, Connected Solutions, Automotive, and Industrial Solutions. The сompany offers a range of products, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers, mobile phones, audio equipment, cameras, broadcasting equipment, projectors, automotive electronics, aircraft in-flight entertainment systems, semiconductors, lithium batteries, electrical components, optical devices, bicycles, electronic materials, and photovoltaic modules.
TypePublic
Founded1918
HQOsaka, JP
Websitepanasonic.com
Employee Ratings3.5
Culture scoreD

Latest Updates

Employees (est.) (Sept 2019)271,678
Job Openings108
Revenue (FY, 2019)¥8 T
Share Price (Jun 2020)¥959

Key People/Management at Panasonic

Kazuhiro Tsuga

Kazuhiro Tsuga

CEO
Konosuke Matsushita

Konosuke Matsushita

Founder
Mototsugu Sato

Mototsugu Sato

Executive Vice President, Director, Corporate Strategy Division CEO, US Company General Affairs and Social Relations
Yoshiyuki Miyabe

Yoshiyuki Miyabe

Senior Managing Executive Officer, Chief Technology Officer (CTO), Chief Manufacturing Officer (CMO)
Tetsuro Homma

Tetsuro Homma

Senior Managing Executive Officer, CEO, Representative Director
Toshiyuki Takagi

Toshiyuki Takagi

Senior Vice President, Appliances Company
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Panasonic Office Locations

Panasonic has offices in Osaka, Newark, Macquarie Park, Mulgrave and in 46 other locations
Osaka, JP (HQ)
1006, Oaza Kadoma, Kadoma-shi
Macquarie Park, AU
1 Innovation Rd
Mulgrave, AU
4 Nexus Ct
Perth, AU
Level 1/100 Havelock St
Upper Mount Gravatt, AU
Ground Floor Suite 1/96 Mount Gravatt Capalaba Rd
Walkerville, AU
33 Warwick St
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Panasonic Financials and Metrics

Panasonic Revenue

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Panasonic's revenue was reported to be ¥8 t in FY, 2019 which is a 0.3% increase from the previous period.
JPY

Revenue (H1, 2020)

3.8t

Gross profit (H1, 2020)

1.1t

Gross profit margin (H1, 2020), %

28.2%

Net income (H1, 2020)

109.2b

EBIT (H1, 2020)

140.3b

Market capitalization (2-Jun-2020)

2.3t

Closing stock price (2-Jun-2020)

959.0

Cash (30-Sept-2019)

822.0b

EV

3.2t
Panasonic's current market capitalization is ¥2.3 t.
Annual
JPYFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

7.6t7.3t8.0t8.0t

Revenue growth, %

(3%)9%0%

Cost of goods sold

5.3t5.2t5.6t5.7t

Gross profit

2.2t2.2t2.3t2.3t
Half Year
JPYH1, 2017H1, 2018H1, 2019H1, 2020

Revenue

3.5t3.9t4.0t3.8t

Cost of goods sold

2.5t2.7t2.9t2.8t

Gross profit

1.0t1.1t1.1t1.1t

Gross profit Margin, %

29%29%28%28%
Annual
JPYFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.0t1.3t1.1t772.3b

Accounts Receivable

823.6b847.0b1.0t1.2t

Inventories

756.4b988.6b806.3b1.0t

Current Assets

3.1t3.2t3.5t3.3t
Half Year
JPYH1, 2017H1, 2018H1, 2019H1, 2020

Cash

1.0t1.0t1.1t822.0b

Accounts Receivable

837.3b1.0t1.2t1.2t

Inventories

786.9b971.8b1.1t1.0t

Current Assets

3.1t3.3t3.7t3.5t
Annual
JPYFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

215.1b172.4b252.0b302.7b

Depreciation and Amortization

274.8b270.8b287.8b296.0b

Inventories

(30.0b)(36.6b)(164.1b)(30.3b)

Accounts Payable

(18.7b)64.0b143.0b14.7b
Half Year
JPYH1, 2017H1, 2018H1, 2019H1, 2020

Net Income

128.5b126.0b121.7b109.2b

Depreciation and Amortization

129.3b142.1b144.0b192.6b

Inventories

(63.6b)(133.5b)(81.0b)(28.6b)

Accounts Payable

14.6b94.9b39.6b(48.2b)
JPYY, 2019

EV/EBIT

22.9 x

EV/CFO

22.5 x

Revenue/Employee

14.1m

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x
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Panasonic Operating Metrics

FY, 2016FY, 2019Aug, 2019

Devices and Apps Integrated

14

Patent Applications

14.08 k

Patents Issued

103.26 k

Trademarks

855
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Panasonic Acquisitions / Subsidiaries

Company NameDateDeal Size
Omni-IDApril 01, 2019
ArimoOctober 23, 2017
ZetesApril 28, 2017
FICOSAMarch 21, 2017
TeraDiodeJanuary 06, 2017
OpenSynergyAugust 09, 2016
ADComms LtdJune 20, 2016
Pro Media - Audio-video installation BusinessJune 07, 2016
Quickservice Technologies IncFebruary 08, 2016
HussmannDecember 21, 2015$1.50 b
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Panasonic Revenue Breakdown

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Panasonic revenue breakdown by business segment: 32.4% from Automotive and Industrial Systems, 29.9% from Appliances, 22.1% from Eco Solutions, 12.2% from Connected Solutions and 3.4% from Other

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Panasonic Online and Social Media Presence

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Panasonic Company Culture

  • Overall Culture

    D

    55/100

  • CEO Rating

    D

    61/100

  • Compensation

    D

    53/100

  • Diversity

    D

    56/100

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Panasonic News and Updates

Panasonic names SYNNEX Corporation 2019 Distributor of the Year

GREENVILLE, S.C., May 29, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading business process services company, today announced that Panasonic Corporation of North America has named it the 2019 Distributor of the Year. "Panasonic is driving digital transformations across...

Panasonic Adopts Synopsys Custom Design Platform to Accelerate Next-Generation Automotive and Industrial Products

MOUNTAIN VIEW, Calif., May 22, 2020 /PRNewswire/ -- Highlights: Panasonic will use the Synopsys Custom Design Platform for all analog, mixed-signal and RF integrated circuit designs across a broad range of process technologies and applications Decision to deploy the Synopsys platform...

Japan's Panasonic to cut 800 jobs in Thailand, move some production to Vietnam next year

Japanese appliance-maker Panasonic Corp on Thursday said that next year it will move its Thai-based production of refrigerators and washing machines to Vietnam, laying off some 800 workers.

Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain

Japan's Panasonic Corp posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit.

In-vehicle Infotainment Industry Insights, 2020 Featuring Profiles of Visteon, TomTom, Bosch, Pioneer, Panasonic, and More

DUBLIN, April 3, 2020 /PRNewswire/ -- The "In-vehicle Infotainment - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering. The Global In-vehicle Infotainment market accounted for $20.24 billion in 2018 and is expected to reach $54.8 billion by 2027...

Panasonic to suspend battery production at Tesla joint venture in Nevada due to coronavirus

Panasonic Corp said on Saturday it will temporarily suspend production at its battery joint venture with U.S. electric carmaker Tesla Inc in Nevada because of the coronavirus outbreak.
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Panasonic Frequently Asked Questions

  • When was Panasonic founded?

    Panasonic was founded in 1918.

  • Who are Panasonic key executives?

    Panasonic's key executives are Kazuhiro Tsuga, Konosuke Matsushita and Mototsugu Sato.

  • How many employees does Panasonic have?

    Panasonic has 271,678 employees.

  • What is Panasonic revenue?

    Latest Panasonic annual revenue is ¥8 t.

  • What is Panasonic revenue per employee?

    Latest Panasonic revenue per employee is ¥29.5 m.

  • Who are Panasonic competitors?

    Competitors of Panasonic include LG, Philips and Sony.

  • Where is Panasonic headquarters?

    Panasonic headquarters is located at 1006, Oaza Kadoma, Kadoma-shi, Osaka.

  • Where are Panasonic offices?

    Panasonic has offices in Osaka, Newark, Macquarie Park, Mulgrave and in 46 other locations.

  • How many offices does Panasonic have?

    Panasonic has 58 offices.