Panasonic is a multinational company in Japan, has more than 230 companies around the world, the total number of employees is more than 290,493 in which More than 54,000 are in China. The total sales volume in 2001 was more than 61 billion US dollars, ranking 26th among the world's top 500 manufacturers.
Panasonic, whose Japanese name is "Matsushita" (National in the early stage, gradually changed to Panasonic in 1986, and all unified as Panasonic since October 1, 2008), was founded by Konosuke Matsushita In 1918. Panasonic develop brand products involving household appliances, digital audio-visual electronics, office products, aviation and many other fields and enjoy a worldwide reputation; the corporate brand jumped into the top 500 world Brands list.
Panasonic announced on October 31, 2012 that the consolidated final profit and loss (according to US accounting standards) for fiscal year 2012 (April 2012 to March 2013) was lowered from a profit of 50 billion yen to a loss of 765 billion yen.
Panasonic is ranked 153rd on the 2020 Fortune Global 500 list. On June 24, 2021, CEO Yukinori Namami became the president.