The company was founded in 1918 in Osaka, Japan by Konosuke Matsushita and has grown from just 3 employees to over 290,000 people worldwide.
Panasonic's standards are still firmly grounded in the philosophy of company founder Konosuke Matsushita. He began in 1918 by inventing a two-socket light bulb. Profound in its importance yet elegantly simple, Konosuke Matsushita's breakthrough led to what is now one of the world's largest electronics companies. As he built Panasonic Corporation - formerly Matsushita Electric Industrial Co. Ltd., he never lost sight of the importance of putting the needs of his customers and the public first. Panasonic operations all over the world are guided by certain key objectives.
One of the most important of these was established way back in 1929 by our founder, and is as relevant today as it was then: "Recognizing our responsibilities as industrialists, we will devote ourselves to the progress and development of society and the well-being of people through our business activities, thereby enhancing the quality of life throughout the world". Panasonic's Basic Management Objective was formulated in 1929 by the company's founder, Konosuke Matsushita.
Panasonic Industrial Europe GmbH, based in Hamburg, Germany, is responsible for continental European sales and marketing of the comprehensive industrial product range. The company also has sales and support offices in France, Italy, Spain, Sweden, Turkey, etc, as well as other branch offices in Germany.
Panasonic Industrial Europe GmbH is a subsidiary of Panasonic Europe (Headquarters) Ltd, the European regional headquarters of Panasonic Corporation located in Osaka, Japan. Worldwide the company is one of the largest manufacturers of electronic products for the consumer, commercial and industrial sectors, known through its brand names Panasonic and Technics. In Europe, Panasonic employs about 8,000 peoplemanufacturing, sales, R&D and support companies.
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