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| |  | | Panasonic and Technics are brand names for Matsushita Electric Industrial Co Ltd. of Japan (MEI), one of the World's largest manufacturers of consumer electronics and ranked 3rd on the Fortune 500 Electronics & Electrical Equipment Index.
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| History
The company was founded in 1918 in Osaka, Japan by Konosuke Matsushita and has grown from just 3 employees to over 290,000 people worldwide. Panasonic's standards are still firmly grounded in the philosophy of company founder Konosuke Matsushita. He began in 1918 by inventing a two-socket light bulb. Profound in its importance yet elegantly simple, Konosuke Matsushita's breakthrough led to what is now one of the world's largest electronics companies. As he built Matsushita Electric Industrial Co., Ltd., he never lost sight of the importance of putting the needs of his customers and the public first. Our operations all over the world are guided by certain key objectives. One of the most important of these was established way back in 1929 by our founder, and is as relevant today as it was then:
"Recognizing our responsibilities as industrialists, we will devote ourselves to the progress and development of society and the well-being of people through our business activities, thereby enhancing the quality of life throughout the world."
Matsushita's Basic Management Objective, formulated in 1929 by the company's founder, Konosuke Matsushita. Further details on the history of the company can be found on the MEI homepage You can see how we are implementing the idea expressed in our basic business philosophy out of our duty as a public corporation by contributing to society. For details of our Corporate Citizenship projects around the world us the links below. To see some of the key product milestones in the company's history please use the link below. |  Find out more | |
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 More information about the history of Matsushita Electric
More information about Konosuke Matsushita
More information about Corporate Citizenship
Visit Panasonic Hall of Science and Technology
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