History
Month/Year | Events |
|---|---|
March 1918 | Konosuke Matsushita founded Matsushita Denkikigu Seisakusho at Ohiraki-cho, Fukushima-ku, Osaka and started to manufacture wiring instrument. |
March 1923 | Bullet-shaped bicycle lamp developed and marketed. |
April 1927 | Established "National" brand. |
May 1933 | Relocated new head office and factory in Kadoma. Instituted divisional system. |
August 1935 | Established Matsushita Electric Trading Co., Ltd. |
December 1935 | Incorporated as Matsushita Electric Industrial Co., Ltd. on December 15, 1935 (10 million yen in capital). |
May 1949 | Listed on Tokyo Stock Exchange and Osaka Securities Exchange. |
September 1951 | Listed on Nagoya Stock Exchange. |
January 1952 | Formed a capital alliance with Nakagawa Kikai Kabushiki Kaisha (subsequently renamed Matsushita Refrigeration Company). |
December 1952 | Established Matsushita Electronics Corporation through a technology alliance with Philips in Netherlands, and transferred four lamp manufacturing factories to this establishment. |
May 1953 | Established the Central Research Laboratory. |
February 1954 | Formed a capital alliance with Victor Company of Japan Ltd. (JVC). |
December 1955 | Established Kyushu Matsushita Electric Co., Ltd. (subsequently renamed Panasonic Communications Co., Ltd.). |
May 1956 | Established Osaka Denki Seiki Kabushiki Kaisha (subsequently renamed Matsushita Seiko Co., Ltd.). |
January 1958 | Established Matsushita Communication Industrial Co., Ltd. (subsequently renamed Panasonic Mobile Communications Co., Ltd.), and transferred communication equipment manufacturing section to this establishment. |
September 1959 | Established Matsushita Electric Corporation of America (currently Panasonic Corporation of North America). |
January 1961 | Masaharu Matsushita became President of the Company. |
August 1962 | Formed a capital alliance with Toho Denki Kabushiki Kaisha (subsequently renamed Matsushita Graphic Communication Systems, Inc.). |
November 1969 | Established Matsushita Kotobuki Electronics Industries, Ltd. (subsequently Panasonic Healthcare Co., Ltd.). |
December 1971 | Listed on New York Stock Exchange. |
December 1975 | Issued U.S. dollar-denominated convertible bonds (100 million U.S. dollars at face value). |
January 1976 | Established Matsushita Electronic Components Co., Ltd. (subsequently renamed Panasonic Electronic Devices Co., Ltd.), and transferred electronic device manufacturing section to this establishment. |
January 1977 | Established Matsushita Household Equipment Co., Ltd., and transferred household equipment manufacturing section to this establishment. |
February 1977 | Toshihiko Yamashita became President of the Company. |
January 1979 | Established Matsushita Battery Industrial Co., Ltd., and transferred battery manufacturing section to this establishment. |
July 1985 | Established a finance subsidiary in U.S. |
October 1985 | Established Semiconductor Fundamental Research Laboratory. |
February 1986 | Akio Tanii became President of the Company. |
March 1987 | Changed the fiscal year end from November 20 to March 31. |
April 1988 | Absorbed Matsushita Electric Trading Co., Ltd. |
April 1989 | The Company's founder Konosuke Matsushita passed away. |
December 1990 | Acquired MCA INC. (MCA), a leading entertainment company in the U.S. |
February 1993 | Yoichi Morishita became President of the Company. |
May 1993 | Dissolved partnership with Philips regarding Matsushita Electronics Corporation and purchased all shares of Matsushita Electronics Corporation which Philips held. |
April 1995 | Absorbed Matsushita Household Equipment Co., Ltd. |
June 1995 | Sold 80% equity interest in MCA shares, which a subsidiary of the Company in U.S. held, to Seagram Company Ltd in Canada. |
February 1999 | Cancelled 50 million shares of treasury stock by 98.8 billion yen of retained earnings decided by resolution of 91st Ordinary General Meeting of Shareholders. |
April 2000 | Made Matsushita Refrigeration Company into a wholly-owned subsidiary through shareexchange. |
June 2000 | Kunio Nakamura became President of the Company. |
April 2001 | Absorbed Matsushita Electronics Corporation. |
April 2002 | Established a joint venture liquid crystal display panel manufacturing company, Toshiba Matsushita Display Technology Co., Ltd. with Toshiba Corporation. |
October 2002 | Made Matsushita Communication Industrial Co., Ltd., Kyushu Matsushita Electric Co., Ltd., Matsushita Seiko Co., Ltd. (currently Panasonic Ecology Systems Co., Ltd.), Matsushita Kotobuki Electronics Industries, Ltd. and Matsushita Graphic Communication Systems, Inc. into wholly-owned subsidiaries through share-exchanges. |
January 2003 | Instituted business domain system through business restructuring. |
April 2003 | Established a joint venture cathode ray tubes manufacturing company, Matsushita Toshiba Picture Display Co., Ltd. (subsequently renamed MT Picture Display Co., Ltd., liquidated in May 2019) with Toshiba Corporation. |
April 2004 | Made Matsushita Electric Works, Ltd. (subsequently renamed Panasonic Electric Works Co., Ltd. (PEW)), PanaHome Corporation (subsequently became a wholly-owned subsidiary in fiscal 2018 and renamed Panasonic Homes Co., Ltd. in April 2018.) and their subsidiaries into consolidated subsidiaries of the Company through additional purchase of shares of Matsushita Electric Works, Ltd. |
April 2005 | Absorbed Matsushita Industrial Information Equipment Co., Ltd. |
February 2006 | Sold the remaining shares of affiliated company of Universal Studios (formerly MCA), which a subsidiary of the Company in U.S. held, to Vivendi Universal. |
June 2006 | Fumio Ohtsubo became President of the Company. |
March 2007 | Made Matsushita Toshiba Picture Display Co., Ltd. into a wholly-owned subsidiary. |
August 2007 | Excluded JVC and its subsidiaries from consolidated subsidiaries of the Company due to JVC's issuance of new shares and third party allotments. As a result, JVC became an associated company accounted for under the equity method. (Subsequently, in January 2011, JVC was excluded from an associated company accounted for under the equity method) |
April 2008 | Absorbed Matsushita Refrigeration Company. |
October 2008 | The Company changed its name from Matsushita Electric Industrial Co., Ltd. to Panasonic Corporation. |
April 2009 | Sold all the shares of Toshiba Matsushita Display Technology Co., Ltd., which the Company held, to Toshiba Corporation. |
December 2009 | Acquired majority of the voting rights in SANYO Electric Co., Ltd. (SANYO) and made SANYO and its subsidiaries into consolidated subsidiaries of the Company. |
January 2010 | Transferred the business of System Solutions Company, the Company's internal division company, to Panasonic Communications Co., Ltd., which was at the same time renamed Panasonic System Networks Co., Ltd. |
April 2011 | Made PEW and SANYO into wholly-owned subsidiaries through share-exchanges. |
January 2012 | Absorbed PEW. |
April 2012 | Absorbed companies including Panasonic Electronic Devices Co., Ltd. |
June 2012 | Kazuhiro Tsuga became President of the Company. |
October 2012 | Established the Corporate Strategy Head Office. |
March 2013 | Panasonic System Solutions Japan Co., Ltd. absorbed companies including Panasonic System Networks Co., Ltd., and was at the same time renamed Panasonic System Networks Co., Ltd. (Subsequently, following certain reorganizations, in April 2022, merged into Panasonic Connect Co., Ltd.) |
April 2013 | Transformed to new basic group formation through business division system from business domain system. |
March 2014 | Transferred all the shares and other related assets of Panasonic Healthcare Co., Ltd. (Subsequently renamed PHC Corporation) to PHC Holdings Co., Ltd. and subscribed 20% of shares of PHC Holdings Co., Ltd. (Subsequently renamed PHC Holdings Corporation and transferred a part of its shares.) |
June 2014 | Transferred semiconductor business to Panasonic Semiconductor Solutions Co., Ltd. in the company split. (Subsequently, in September 2020, transferred all the shares and other related assets of semiconductor business.) |
January 2020 | Established Prime Life Technologies Corporation, a joint venture related to a town development business with Toyota Motor Corporation, and transferred all shares of Panasonic Homes Co., Ltd., and other subsidiaries to the joint venture by a joint share transfer. |
April 2020 | Established Prime Planet Energy & Solutions, Inc., a joint venture automotive prismatic battery business, with Toyota Motor Corporation. |
June 2021 | Yuki Kusumi became Representative Director and President of the Company. |
September 2021 | Acquired the additional shares of Blue Yonder Holding, Inc. (its 20% shares were acquired in July 2020) and made Blue Yonder Holding, Inc., together with its subsidiaries, a wholly-owned subsidiary of the Company. |
October 2021 | Started the new virtual in-company structure toward the transition into an "Operating Company" system starting from April 2022. |
April 2022 | Became a holding company as a result of transferring each business of the Company to nine companies including the operating companies through an absorption-type company split, and changed its name from Panasonic Corporation to Panasonic Holdings Corporation. |
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