Panasonic Connect

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Panasonic Connect Co., Ltd.
FoundedApril 1, 2022
HeadquartersSumitomo Fudosan Shiodome Hamarikyu Bldg., 8-21-1, Ginza, Chuo-ku, Tokyo 104-0061, Japan
Key people
Yasu Higuchi (CEO)[1]
RevenueJPY1,125.7 billion (FY2023)[2]
JPY20.9 billion (FY2023)[3]
Number of employees
 (Approx. 28,500 (as of April 1, 2022)[4])

Panasonic Connect Co., Ltd. was established on April 1, 2022, as part of the Panasonic Group's switch to an operating company system, a move which gives authority to each company to operate independently.[5][6][7][8] It was formerly called Panasonic Connected Solutions Company.[9] Along with the company name change, it also adopted a new brand logo.[10] Headquartered in Tokyo, Japan, the company provides products for the supply chain, public service, infrastructure, and entertainment sectors.[11] The company has approximately 28,500 employees[12] under its umbrella with regional sales companies in North America,[13] Europe,[14] Asia,[15] and Oceania.[16]

Main businesses

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Panasonic Connect consists of consolidated business divisions and independent subsidiaries including: the Gemba Solutions Company (formerly Panasonic System Solutions Japan Co., Ltd.) responsible for sales in Japan; the Process Automation Business Division which provides electronic component mounting machines and welding equipment; the Media Entertainment Business Division which provides projectors, broadcasting cameras, and sound systems; the Mobile Solutions Business Division which provides mobile devices and PCs; Panasonic Avionics Corporation which provides in-flight entertainment systems and connectivity for commercial airlines; Zetes Industries S.A. which deals in logistics traceability and people identification services; as well as the supply chain software company Blue Yonder which became a wholly owned subsidiary in September 2021.[17][18][19] In May 2022, the company announced plans for the preparation of a stock exchange listing of its supply chain management businesses, centering on Blue Yonder.[20][21]

References

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