Panasonic Corporation is a joint venture by Mr. P. Obul Reddy a leading Industrialist, India with Matsushita Electric Industrial Co. Ltd., Japan. It is headquartered at Kadoma, Osaka, Japan. It was incorporated as a public limited company in September 1988. Its industrial profile comprise of Electronics, Semiconductors, and Home appliances. The company pioneered the manufacturing and marketing of Electric Rice Cookers. It has obtained the ISO 9001:2008 certifications for the quality excellence in its operations and management. The company has built 297 manufacturing facilities across the world, and has an annual spend exceeding US$5 billion on research and development. The firm earned revenue of ¥7.736 trillion in 2014 (US$ 79 billion).

Company’s subsidiary Panasonic Avionics has acquired ITC Global in 2015. Through this takeover the company strengthens its attributes to grow in energy, mining, maritime and aviation markets. Subsidiary Panasonic Corp of North America to reinforce education market solution business in North America has acquired Video Insight, Inc. This strategy will help the subsidiary to explore new opportunities. The conglomerate to swap the share of Panasonic Information Systems Co Ltd. so as to merge it with the parent company. After the merger it will be wholly owned subsidiary of the corporation. The corporation and Atos KK collaborated for the development of technology-based solutions. This partnership is for the Tokyo 2020 Olympic and Paralympics Games. The company has collaborated with Skyworks Solutions Inc. This joint venture was held to design, develop, and deliver high performance filters.

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Mark Taylor is the business expert in providing company profile and SWOT analysis report. You can buy the Panasonic Company Profile PDF at: http://www.decisiondatabases.com/cp/26-panasonic-company-profile-strategy-and-swot-report