OverviewSuggest Edit

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
HQKadoma, JP
Websitepanasonic.com
Employee Ratings3.7
Overall CultureD

Latest Updates

Employees (est.) (Jun 2020)246,512(-4%)
Revenue (FY, 2020)¥7.5 T(-6%)
Share Price (Feb 2021)¥1.4 K(-5%)
Cybersecurity ratingBMore

Key People/Management at Panasonic

Kazuhiro Tsuga

Kazuhiro Tsuga

President, Chief Executive Officer (CEO), Representative Director
Mototsugu Sato

Mototsugu Sato

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

Yoshiyuki Miyabe

Senior Managing Executive Officer, Chief Technology Officer (CTO), Chief Manufacturing Officer (CMO), In charge of Pharmaceutical Affairs
Yasuyuki Higuchi

Yasuyuki Higuchi

Senior Managing Executive Officer, CEO, Connected Solutions Company, Representative Director
Tetsuro Homma

Tetsuro Homma

Senior Managing Executive Officer, CEO, China & Northeast Asia Company, Regional Head for China & Northeast Asia, Chairman, Panasonic Corporation of China
Masahisa Shibata

Masahisa Shibata

Senior Managing Executive Officer, In charge of Automotive Sales
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Panasonic Office Locations

Panasonic has offices in Kadoma, Newark, Macquarie Park, Biedermannsdorf and in 57 other locations
Kadoma, JP (HQ)
1006 Kadoma
Macquarie Park, AU
1 Innovation Rd
Biedermannsdorf, AT
Josef Madersperger-Straße 2
Enns, AT
Ennshafenstraße 30
Asse, BE
Brusselsesteenweg 502
Santa Cruz de la Sierra, BO
Calle J 120, Santa Cruz de la Sierra
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Panasonic Financials and Metrics

Panasonic Revenue

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Panasonic's revenue was reported to be ¥7.49 t in FY, 2020 which is a 6.4% decrease from the previous period.
JPY

Revenue (FY, 2020)

7.5t

Revenue growth (FY, 2019 - FY, 2020), %

(6.4%)

Gross profit (FY, 2020)

2.2t

Gross profit margin (FY, 2020), %

28.7%

Net income (FY, 2020)

240.0b

EBIT (FY, 2020)

293.8b

Market capitalization (26-Feb-2021)

3.2t

Closing stock price (26-Feb-2021)

1.4k

Cash (31-Mar-2020)

1.0t

EV

3.6t
Panasonic's current market capitalization is ¥3.2 t.
Annual
JPYFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.3t8.0t8.0t7.5t

Revenue growth, %

(3%)9%0%(6%)

Cost of goods sold

5.2t5.6t5.7t5.3t

Gross profit

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

Revenue

3.9t4.0t3.8t

Cost of goods sold

2.7t2.9t2.8t

Gross profit

1.1t1.1t1.1t

Gross profit Margin, %

29%28%28%
Annual
JPYFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.3t1.1t772.3b1.0t

Accounts Receivable

847.0b1.0t1.2t877.4b

Inventories

988.6b806.3b1.0t793.5b

Current Assets

3.2t3.5t3.3t3.4t
Half Year
JPYH1, 2018H1, 2019H1, 2020

Cash

1.0t1.1t822.0b

Accounts Receivable

1.0t1.2t

Inventories

971.8b1.1t1.0t

Current Assets

3.3t3.7t3.5t
Annual
JPYFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

172.4b252.0b302.7b240.0b

Depreciation and Amortization

270.8b287.8b296.0b373.0b

Inventories

(36.6b)(164.1b)(30.3b)30.9b

Accounts Payable

64.0b143.0b14.7b(85.9b)
Half Year
JPYH1, 2018H1, 2019H1, 2020

Net Income

126.0b121.7b109.2b

Depreciation and Amortization

142.1b144.0b192.6b

Inventories

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

Accounts Payable

94.9b39.6b(48.2b)
JPYFY, 2017

EV/EBIT

-0.4 x

EV/CFO

-0.3 x

Revenue/Employee

28.5m

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

3.4 x

P/E Ratio

0.2
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Panasonic Operating Metrics

FY, 2016FY, 2019FY, 2020

Patent Applications

14.08 k

Patents Issued

103.26 k

Product Categories

19

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: 12.0% from Connected Solutions, 14.9% from Industrial Solutions, 17.2% from Automotive, 22.2% from Life Solutions, 30.1% from Appliances and 3.4% from Other

Panasonic revenue breakdown by geographic segment: 12.9% from Asia, 9.6% from Europe, 19.3% from Americas, 48.2% from Japan and 10.1% from China

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Panasonic Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Panasonic Online and Social Media Presence

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Panasonic Company Culture

  • Overall Culture

    D

    56/100

  • CEO Rating

    C-

    63/100

  • Compensation

    D

    50/100

  • Diversity

    D+

    57/100

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Panasonic News and Updates

Panasonic Introduces New Telephoto Zoom Lens for the LUMIX S Series with Macro Capability

NEWARK, N.J., Feb. 17, 2021 /PRNewswire/ -- Panasonic is proud to introduce a new interchangeable telephoto zoom lens, the LUMIX S 70-300mm F4.5-5.6 MACRO O.I.S. (S-R70300), based on the L-Mount system, for the LUMIX S Series Full-frame Digital Single Lens Mirrorless Camera. Built with...

Panasonic Apparatus Enables Nonstop iPS Cell Culture

Panasonic has combined its extensive know-how with the highly specialized cell culture process developed by experts at the Kyoto University Institute for Frontier Medical Science to build an automated system for iPS cell culture. It can work day and night, every day of the year, thereby accelerating…

Panasonic Boosts Its Profit Outlook Due To Tesla

Panasonic expects its battery business supplying Tesla to be profitable this fiscal year, and the company has raised its operating profit forecast for the year by over half

Panasonic Announces to have Revised the Consolidated Financial Forecasts

Panasonic Corporation has issued a press release entitled "Panasonic Announces to have Revised the Consolidated Financial Forecasts" You can read the press release with the following PDF link

Panasonic to Withdraw from Production of Photovoltaic Products

Panasonic Corporation today announced that it has decided to cease the production of photovoltaic products at its factories in Malaysia and Shimane Prefecture, Japan.This will result in the company’s withdrawal from the production of photovoltaic products in the course of fiscal year 2022 that ends …
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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, Mototsugu Sato and Yoshiyuki Miyabe.

  • How many employees does Panasonic have?

    Panasonic has 246,512 employees.

  • What is Panasonic revenue?

    Latest Panasonic annual revenue is ¥7.5 t.

  • What is Panasonic revenue per employee?

    Latest Panasonic revenue per employee is ¥30.4 m.

  • Who are Panasonic competitors?

    Competitors of Panasonic include KEMET, Sharp and Philips.

  • Where is Panasonic headquarters?

    Panasonic headquarters is located at 1006 Kadoma, Kadoma.

  • Where are Panasonic offices?

    Panasonic has offices in Kadoma, Newark, Macquarie Park, Biedermannsdorf and in 57 other locations.

  • How many offices does Panasonic have?

    Panasonic has 68 offices.