2 Followers TSE:6752 - Panasonic Corp Panasonic Corp
Sector: Consumer Discretionary, Industry: Consumer Electronics
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JPY 1246.0    -8.500 (-0.68%)
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11 Jun 2021


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General

Description

Panasonic is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: appliances (air conditioners, refrigerators, laundry machines, and TVs); life solutions (LED lighting, housing systems, and solar panels; connected solutions (PCs, factory automations, and in-flight entertainment systems); automotive (infotainment systems and rechargeable batteries); and industrial solutions (electronic devices). After the crisis in 2012, president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.