Panasonic Holdings Corporation[b] is a Japanese multinational electronics company, headquartered in Kadoma, Osaka Prefecture, Japan.

[29] After the war, the Matsushita group, largely having been split into MEI and MEW by the dissolution imposed by the occupation force, imperfectly regrouped as a Keiretsu and began to supply the post-war boom in Japan with radios and appliances, as well as bicycles.

This line of high quality stereo components became a worldwide favorite, the most famous products being its turntables, such as the SL-1200 record player, known for its high-performance, precision and durability.

Throughout the 1970s and early 1980s, Matsushita continued to produce high-quality specialized electronics for niche markets, such as shortwave radios, and developed its successful line of stereo receivers, CD players and other components.

However, Matsushita subsequently sold 80% of MCA to Seagram Company for US$7 billion in April 1995, demoralized by the high volatility of the film industry.

On May 2, 2002, Panasonic Canada marked its 35th anniversary in that country by giving $5 million to help build a "music city" on Toronto's waterfront.

In April 2011, it was announced that Panasonic would cut its work force by 40,000 by the end of fiscal 2012 in a bid to streamline overlapping operations.

[58] In October 2011, Panasonic announced that it was going to trim its money-losing TV business by ceasing production of plasma TVs at its plant in Amagasaki, Hyogo Prefecture by March 2012, cutting 1,000 jobs in the process.

[75] In early 2016, Panasonic president Kazuhiro Tsuga confirmed a planned total investment of about $1.6 billion by the company to construct Gigafactory to full capacity.

[76] However, after the number of Model 3 reservations became known in April,[77] Panasonic moved production plans forward and announced a bond sale for $US3.86 billion, most of it to be invested in Gigafactory.

[78] In November 2014, Panasonic announced its partnership with Photon Interactive to create customized and personalized digital signs in stores.

[79] In January 2015, Panasonic announced it had stopped making TVs in China and plans to liquidate its joint venture in Shandong.

[88] In July 2016, Panasonic unveiled its interest in making acquisitions in the artificial intelligence (AI) and machine learning space.

[89] In August 2018, the company announced, to avoid potential tax issues, Panasonic would move its European headquarters from the UK to Amsterdam in October as Brexit approaches.

[97] In 2020, Panasonic exited the vending machine business, as it failed to achieve profitability, lagging behind rivals Fuji Electric, Sanden and Glory.

In November 2020, Panasonic signed a Memorandum of Understanding (MoU) with Equinor and Norsk Hydro to set up a Gigafactory in Norway, for battery production.

[104][105] In January 2021, the company announced that it would end its solar panel production citing increasing price competition from Chinese manufacturers.

[107] In August 2022, it was reported that the company, which is a supplier to Tesla, was in discussions to build a new electric vehicle battery plant in the US, with Oklahoma named as a leading contender.

In 2019, it was announced that Toyota and Panasonic would initiate a process to merge their housing businesses, Toyota Housing and Misawa Homes from the former and Panasonic Homes of the latter, into a joint venture scheduled to be established in January 2020 and co-controlled by the two parties, named Prime Life Technologies Corporation.

[121] Headquartered in Irvine, California, where engineering, development and testing is performed while system installation, field engineering, major quality functions, certification and program management are performed at the Bothell, Washington, facility – Panasonic Avionics Corporation employs approximately 3,300 employees based in over 70 locations worldwide, with major facilities in London, Toulouse, Hamburg, Dallas, Dubai, and Singapore.

Founded in New York City at the MetLife Building in September 1959, it was known as Matsushita Electric Corporation of America (MECA) prior to 2005.

[140][139] The company began offering a 25-year warranty for its HIT photovoltaic modules, compared to the industry standard at the time of 10 years, in 2017.

[142][138] The company transitioned its solar panel manufacturing to OEMs in early 2021 to focus on offering a wider range of products.

Panasonic obtained exclusive rights to develop and manufacture the 3DO's successor, the M2, after purchasing the properties and technology from The 3DO Company, but ultimately backed out of releasing it in 1997 due to the highly competitive state of the console gaming market at that time.

[162] In 2019, Panasonic decided to sell its remaining chip business and the stake in the joint venture with TowerJazz to Nuvoton following heavy losses.

[94] Panasonic has offered a wide range of products and services, including air conditioners, refrigerators, washing machines, compressors, lighting, televisions, personal computers (Matsushita JR series, Let's Note [jp]), mobile phones (as a subsidiary of TCL Electronics), audio equipment, cameras, broadcasting equipment, projectors, automotive electronics, aircraft in-flight entertainment systems, semiconductors, lithium batteries, electrical components, optical devices, bicycles, electronic materials, video game systems (3DO), and photovoltaic modules.

Panasonic sponsors the German footballer Marco Reus, who plays for Bundesliga club Borussia Dortmund and Germany.

Smith,[171] and Johnny Benson Jr.[172] In 2007, Panasonic became a technology partner with Hendrick Motorsports and served as a primary sponsor of the team's No.

[174] Panasonic currently sponsors Japanese IndyCar Series driver Takuma Sato in his Rahal Letterman Lanigan Racing car.

[181] In February 2022, the Wall Street Journal reported that Panasonic got its highest-emitting Chinese factory to "virtually net zero" carbon dioxide.