Company:Panasonic Connect

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Panasonic Connect Co., Ltd.
FoundedApril 1, 2022
HeadquartersSumitomo Fudosan Shiodome Hamarikyu Bldg., 8-21-1, Ginza, Chuo-ku, Tokyo 104-0061, Japan
Key people
Yasu Higuchi (CEO)[1]
RevenueJPY1,125.7 billion (FY2023)[2]
JPY20.9 billion (FY2023)[3]

Panasonic Connect Co., Ltd. was established on April 1, 2022 as part of the Panasonic Group’s switch to an operating company system, a move which gives authority to each company to operate independently.[5][6][7][8] It was formerly called Panasonic Connected Solutions Company.[9] Along with the company name change, it also adopted a new brand logo.[10] Headquartered in Tokyo, Japan , the company provides products and solutions for the supply chain, public service, infrastructure, and entertainment sectors.[11] The company has approximately 28,500 employees[12] under its umbrella with regional sales companies in North America,[13] Europe,[14] Asia,[15] and Oceania.[16]

Main businesses

Panasonic Connect consists of consolidated business divisions and independent subsidiaries including: the Gemba Solutions Company (formerly Panasonic System Solutions Japan Co., Ltd.) responsible for solutions sales in Japan; the Process Automation Business Division which provides electronic component mounting machines and welding equipment; the Media Entertainment Business Division which provides projectors, broadcasting cameras, and sound systems; the Mobile Solutions Business Division which provides mobile devices and PCs; Panasonic Avionics Corporation which provides in-flight entertainment systems and connectivity solutions for commercial airlines; Zetes Industries S.A. which deals in logistics traceability and people identification services; as well as the supply chain software company Blue Yonder which became a wholly owned subsidiary in September 2021.[17][18][19] In May 2022, the company announced plans for the preparation of a stock exchange listing of its supply chain management businesses, centering on Blue Yonder.[20][21]

References

  1. ↑ Butts, Tom (2022-04-21). "Panasonic Connect Co. Ltd. CEO Yasuyuki Higuchi Discusses Industry Trends, NAB Show" (in en). https://www.tvtechnology.com/news/pansonic-connected-solutions-ceo-yasuyuki-higuchi-discusses-industry-trends-nab-show. 
  2. ↑ "Panasonic Holdings Corporation Reports Fiscal 2023 Annual Results". 2023-05-10. https://holdings.panasonic/global/corporate/investors/pdf/2022_full/full_news_release_e.pdf. 
  3. ↑ "Panasonic Holdings Corporation Reports Fiscal 2023 Annual Results". 2023-05-10. https://holdings.panasonic/global/corporate/investors/pdf/2022_full/full_news_release_e.pdf. 
  4. ↑ "Panasonic unit to promptly demote workers guilty of sexual harassment" (in en). 2023-02-21. https://www.japantimes.co.jp/news/2023/02/21/business/corporate-business/panasonic-sexual-harassment/. 
  5. ↑ Tsuzuki, Takeru (2022-01-23). "Can Panasonic as a holding company revive its former glory?" (in en). https://japannews.yomiuri.co.jp/business/companies/20220123-10654/. 
  6. ↑ "NOMURA ASSET MANAGEMENT" (in en). https://global.nomura-am.co.jp/. 
  7. ↑ "Panasonic focuses on batteries, other 'growth areas' in shake-up" (in en-GB). https://asia.nikkei.com/Business/Companies/Panasonic-focuses-on-batteries-other-growth-areas-in-shake-up. 
  8. ↑ "Panasonic Connect explores bolt-on buys; working with Blue Yonder – CSO" (in en). 2023-12-18. https://community.ionanalytics.com/panasonic-connect-explores-bolt-on-buys-working-with-blue-yonder-cso. 
  9. ↑ "Old boys at Panasonic turn to ex-Microsoft pro" (in en-GB). https://asia.nikkei.com/Business/Old-boys-at-Panasonic-turn-to-ex-Microsoft-pro. 
  10. ↑ "How one woman's career in sales flourished across four companies" (in en). 2023-08-03. https://www.japantimes.co.jp/business/2023/08/03/women-work-masae-yamanaka/. 
  11. ↑ "Panasonic Connect" (in en). https://www.weforum.org/organizations/panasonic-connect/. 
  12. ↑ "Panasonic unit to promptly demote workers guilty of sexual harassment" (in en). 2023-02-21. https://www.japantimes.co.jp/news/2023/02/21/business/corporate-business/panasonic-sexual-harassment/. 
  13. ↑ "PANASONIC CONNECT NORTH AMERICA | U.S. Import Activity". https://www.importinfo.com/panasonic-connect-north-america. 
  14. ↑ "PANASONIC CONNECT EUROPE GMBH overview - Find and update company information" (in en). https://find-and-update.company-information.service.gov.uk/company/FC038665. 
  15. ↑ "PANASONIC CONNECT ASIA · 202 Bedok South Avenue 1, #01-13, Singapore 469332". https://opengovsg.com/corporate/53030143A. 
  16. ↑ "Panasonic Connect Oceania Overview". https://www.signalhire.com/companies/panasonic-connect-oceania. 
  17. ↑ Wilson, Georgia (2021-09-17). "Panasonic Acquires Blue Yonder, Driving Smart Supply Chains" (in en). https://manufacturingdigital.com/procurement-and-supply-chain/panasonic-acquires-blue-yonder-driving-smart-supply-chains. 
  18. ↑ "Panasonic completes acquisition of Blue Yonder". https://www.scmr.com/article/panasonic_completes_acquisition_of_blue_yonder. 
  19. ↑ "Panasonic acquires Blue Yonder in $7.1 billion blockbuster deal" (in en). 2021-09-17. https://chainstoreage.com/panasonic-acquires-blue-yonder-71-billion-blockbuster-deal. 
  20. ↑ "Panasonic to create supply chain specialist, take it public" (in en-GB). https://asia.nikkei.com/Spotlight/Supply-Chain/Panasonic-to-create-supply-chain-specialist-take-it-public2. 
  21. ↑ "Panasonic to spin out public company centered on Scottsdale's Blue Yonder". https://www.bizjournals.com/phoenix/news/2022/05/11/panasonic-supply-chain-ipo-blue-yonder.html. 

External links



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