Panasonic Group’s
Human Capital Management
in 3 Minutes

Turning Potential into Impact

Empowering Every Employee to UNLOCK Their Full Potential, Driving Stronger Execution and Business Growth.
This is the essence of Panasonic Group’s human capital management philosophy.

Our Vision

Panasonic Group Founder Konosuke Matsushita pursued management that emphasized nurturing and developing people so that they can thrive based on his philosophy of “develop people before making products.” At its foundation lies the philosophy that human beings are like rough diamonds—depending on how they are polished, they can shine in different ways. We carry forward this philosophy and practice human capital management to maximize the value of the human capital entrusted to us by society.

To fulfill our mission of achieving “an ideal society with affluence both in matter and mind,” we are committed to removing any obstacles that may hinder employees from UNLOCKing their full potential and to fostering an environment where they can thrive and perform at their best.
We aim to be a company where every individual can 'UNLOCK' their potential, unleash their strengths, and continue to grow.

Photo: The Panasonic Group founder, Konosuke Matsushita.

Why UNLOCK now?

Over the years, our Group has worked to enhance employee motivation and improve the work environment through initiatives such as workstyle reform. These efforts have led to steady improvements in the positive response rates to survey questions related to ‘employee engagement’ and ‘employee enablement’ in the Employee Opinion Survey (EOS), which is conducted among approximately 150,000 group employees worldwide.

This figure shows the ongoing improvement in employees' motivation and their working environment. The favorable response rates for the Employee Opinion Survey in the Panasonic Group of global regions indicate a higher level when compared with other average Japanese companies in the fiscal years 2018 through 2025.  The favorable response rates for employee engagement are 63%, 64%, 63%, 66%, 66%, 67%, 68%, and 68%.  Regarding the rates for employee enablement in the same period, they are 57%, 58%, 59%, 63%, 64%, 65%, 66%, and 66%.

However, we faced a challenge: these improvements were not translating into stronger business performance. A closer analysis revealed that, among the survey items mentioned below, the positive response rates for only two questions, “Motivation from the company or supervisors to do more than is required” and “No significant barriers at work to doing job well,” had remained persistently low.
Based on these findings, we developed a hypothesis. The company was not doing enough to inspire employees to take on new challenges, and employees who were willing to challenge themselves were still encountering obstacles in their work environment. We concluded that these factors were the primary reasons why business results had not been fully realized.

This figure shows that sufficient motivation is not provided by the company or supervisors.  In the favorable response rates to the questions on "employee engagement" in the fiscal year 2025, "Motivation with encouragement from the company or supervisors" has reached less than 50%, while other response rates are over 50% to questions such as "Willing to remain with the company," "Pride to workd for the company," "Motivation to exceed expectations," and "Will recommend the company as a good place to work.
This figure shows that we have significant barriers to take on challenges. In the favorable response rates to the questions on "employee enablement" in the fiscal year 2025, "No significant barriers to take on challenges" has reached less than 50%, while other response rates are over 50% to questions such as "Being provided with challenging & interesting work," "Good use of one’s skills and abilities," and "A productive workplace.

While ease of working had improved, we concluded that what truly drives business results is job satisfaction and fulfillment. With this conviction, we launched our organization culture transformation initiative under the concept of UNLOCK.

UNLOCK Indicators

How, then, do we measure progress?
We have defined the percentage of employees who respond positively to both of the following survey questions as our UNLOCK Indicators. Together with the scores of five other related survey items, these indicators are monitored on an ongoing basis.

 ✓ Motivation from the company or supervisors to do more than is required
 ✓ No significant barriers at work to doing job well

UNLOCK Indicators. A two-axis diagram showing employees’ level of challenge and level of capability utilization. Employees in the high-challenge, high-capability quadrant are defined as UNLOCK employees, demonstrating both a strong willingness to take on challenges and the ability to fully realize their potential.

As of FY 2026, the global UNLOCK Indicators score stands at 43%. We have set a target of increasing this score to 60% by FY 2029 and 70% by FY 2032.

Graph showing the target values for the UNLOCK Indicators: 43% in FY 2026, 60% by FY 2029, and 70% by FY 2032.

Transformative Actions

We have defined our talent-related challenge as “Achieving a Highly Competitive and Resilient Talent Portfolio” and our organizational challenge as “Realizing an Organization Where Each Individual Can Unlock and Fully Demonstrate Their Potential.” By UNLOCKING the potential of every employee, we are enhancing the organization’s ability to execute its strategy and driving transformative actions aimed at achieving sustainable business growth.

Acquiring the necessary capabilities for our growth strategy through recruitment, development, and assignment

Developing successors with strong emphasis on leadership behaviors, diverse experience, knowledge, and skills

Designing our organizational culture to maximize business outcomes

Realizing participative management through collective wisdom that leverages individual differences as strengths, regardless of attributes

Enhancing employee experience and transforming talent management with AI

To Achieve “An Ideal Society with Affluence
Both in Matter and Mind”
- Panasonic’s Growth Becomes Society’s Growth -

The challenges we face are likely common issues shared by many Japanese companies. We believe that “If Panasonic changes and grows, society will also change and grow.” With this firm belief, we are committed to achieving “an ideal society with affluence both in matter and mind.”

UNLOCK as our Tradition
- The Founder’s idea of “the greatest gift I can offer” to employees -

Photo: The Panasonic Group founder, Konosuke Matsushita

“To be so immersed in work that time and fatigue are forgotten is a state of deep concentration and joy.” Our founder, Konosuke Matsushita talked of the greatest gift he can offer to employees is to create such an environment. UNLOCK, our commitment to creating an environment where every individual can realize their full potential and take on bold challenges that exceed expectations, is rooted in this philosophy of the founder.