Panasonic

Panasonic Corporation  is a Japanese multinational electronics corporation headquartered in Kadoma, Osaka, Japan.Its main business is in electronics manufacturing.Panasonic was founded in 1918 by Konosuke Matsushita as a vendor of duplex lamp sockets.It has grown to become one of the largest Japanese electronics producers, alongside Sony, Toshiba and Canon. In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services. Panasonic was ranked the 89th-largest company in the world in 2009 by the Forbes Global 2000 and is one of theworld's 20 largest semiconductor vendors.From 1935 to October 1, 2008 the company name was "Matsushita Electric Industrial Co., Ltd."On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation", with effect from October 1, 2008 to conform with its global brand name "Panasonic".The name change was approved at a shareholders' meeting on June 26, 2008 after consultation with the Matsushita family.Panasonic sells audio products for cars and light trucks under the Panasonic brand (aftermarket) and as OEM equipment in automobile brands including Toyota, Honda and Subaru and those of General Motors and Volkswagen.Panasonic is ranked in joint 9th place (out of 15) in Greenpeace’s Guide to Greener Electronics, which ranks electronics manufacturers on policies and practices to reduce their impact on the climate, produce greener products, and make their operations more sustainable.The company is one of the top scorers on the Products criteria, praised for its good product life cycles and the number of products which are free from polyvinyl chloride plastic (PVC). It also scores maximum points for the energy efficiency of its products with 100 percent of its TVs meeting the latest Energy Star standards and exceeding the standby power requirement.However, Panasonic's score is let down by its low score on the Energy criteria, with the Guide stating it must focus on planned reductions of greenhouse gases (GHG), set targets to reduce GHG emissions by at least 30% by 2015 and increase renewable energy use by 2020.

Net income ¥ 773 billion (2012)

Total assets ¥ 6.601 trillion (2012)