Panasonic Holdings Corporation (Formerly Panasonic Corporation)

Company Profile

■URL

https://holdings.panasonic/global/

■Address

1006, Oaza Kadoma, Kadoma-shi, Osaka 571-8501, Japan

Business Overview

ーGeneral electronics maker. In the automotive field, develops, manufactures, and sells next-generation cockpit-systems, car-navigation systems, ETC devices, in-vehicle cameras, in-vehicle electric charging systems, electric compressors, next-generation batteries and other products.

-As of April 1, 2022, as for the Panasonic Group, it operates the following group companies under the umbrella of Panasonic Holdings.

  • Panasonic Corporation
    • China & Northeast Asia Company
    • Living Appliances and Solutions Company
    • Heating & Ventilation A/C Company
    • Cold Chain Solutions Company
    • Electric Works Company
    • Panasonic Cycle Technology Co., Ltd.
  • Panasonic Automotive Systems Co., Ltd.
    • Infotainment Systems Business Division
    • HMI Systems Business Division
    • Automotive Systems Business Division
    • Ficosa International, S.A.
  • Panasonic Entertainment & Communication Corporation
  • Panasonic Housing Solutions Co., Ltd.
  • Panasonic Connect Co., Ltd.
  • Panasonic Industry Co., Ltd.
  • Panasonic Energy Co., Ltd.
  • Panasonic Operational Excellence Co., Ltd.

-Panasonic Automotive Systems Co., Ltd. (Panasonic Automotive Systems) announced that it has started operations as a new company established through a company split implemented as part of Panasonic Group’s transition into a holding company structure on April 1, 2022. In addition to its goals of creating a mobility society and furthering the evolution of the automobile, the company is dedicated to providing individualized value to its customers through the utilization of Panasonic’s accumulated technologies and expertise. The business includes development, manufacturing, and sales of in-vehicle cockpit systems, advanced driver assistance systems (ADAS) and related devices, on-board chargers, and electric vehicle (EV) systems and devices. (From a press release dated April 1, 2022)

-In 2021, the Company is the world’s third largest supplier of automotive batteries, following CATL and LG Chem (LG Energy Solution; LGES).

>>>EV market and battery production - current market trend and future outlook

Shareholders

-From April 2022, moved from the First Section of the Tokyo Stock Exchange to the Prime Market, and from the First Section of the Nagoya Stock Exchange to the Premium Market (As of Mar. 31, 2021)
Name or Company Name Investing Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 15.86
Custody Bank of Japan, Ltd. (Trust Account) 7.69
STATE STREET BANK WEST CLIENT - TREATY 505234 2.57
Nippon Life Insurance Co.
2.07
MOXLEY & CO LLC 1.83
Sumitomo Life Insurance Company
1.60
Employee stock holdings
1.54
Matsushita Fudosan KK
1.24
JP MORGAN CHASE BANK 385781 1.22
SSBTC CLIENT OMNIBUS ACCOUNT 1.10
Total 36.77

Products

-Next-generation cockpit systems
-In-vehicle infotainment cockpit system
-Navigation systems
-PND (Portable navigation device)
-Connected audio with display
-Car audio
-Deck mechanisms
-Drive recorder
-Car speakers
-Car nanoe generators
-Telematic control units
-Smart connectivity modules
-Head-up displays
-ETC2.0 on-board units
-Shifter systems
-Vehicle camera modules
-Back & corner sensors
-Sensor & camera cleaning
-Headlamp washer
-Smart keyless systems
-Exterior/Interior rearview mirrors
-ADAS ECU
-Battery management controller
-On-board charging systems
-Inverter-integrated compressors
-Battery heater device
-Charging cables
-Lithium-ion battery

History

History of formerly Automotive Systems Company

2003 Established Panasonic Automotive Systems (PAS).
Established Panasonic Automotive Systems Development Tianjin Co., Ltd.
Established Panasonic Automotive Systems Company of America.
2004 Established Automotive Systems Europe Panasonic GmbH.
2005 Established Panasonic Automotive Systems (China).
2006 Established Panasonic Automotive Systems Asia Pacific Co., Ltd.
2008 Panasonic Automotive Systems Company adopted a new corporate name, Automotive Systems Company.
2010 Established Panasonic Automotive Systems India.

History of formerly Energy Company (Formerly Sanyo Electric Co., Ltd.)

1950 Sanyo Electric Co., Ltd. was established in Umemachi, Moriguchi City.
1959 Tokyo Sanyo Electric Co., Ltd. was established in Oura-gun, Gunma Prefecture.
1975 Company developed world's first lithium batteries (manganese dioxide lithium batteries), mass-producing them beginning in 1978.
1986 Sanyo Electric and Tokyo Sanyo Electric merged.
1990 Sale of nickel hydride batteries called the TWICELL commenced.
1994 Mass-production of cylindrical lithium-ion batteries commenced.
1999 Company developed nickel metal hydride rechargeable batteries for hybrid electric vehicles.
2001 Nickel metal hydride (Ni-MH) battery business acquired from Toshiba Group.
2004 Began mass-production of nickel-metal hydride (Ni-MH) battery systems for hybrid electric vehicles (HEVs).
Tokushima Plant went online in order to increase production of lithium-ion batteries.
2005 Company released next-generation nickel-metal hydride (Ni-MH) battery called the eneloop.
2008 Signed agreement with German automaker Volkswagen Group to co-develop next-generation lithium-ion HEV battery systems.
Formed a business alliance, which also included financial ties, with Panasonic Corp.
Dec., 2009 Panasonic Corporation acquired 50.27% of the voting stock of Sanyo Electric Co to make it a consolidated subsidiary.
2012 Consolidated the operations of Panasonic Energy with those of Sanyo Energy, forming "Energy Company".

History of Automotive & Industrial Systems Company

Apr. 2013 The Company merged Automotive Systems Company, Industrial Devices Company, Energy Company, and Manufacturing Solution Company into Automotive & Industrial Systems Company.
Jun. 2014 Transferred semiconductor business of Panasonic to Panasonic Semiconductor Solutions Co., Ltd. in the company split.
Jul. 2014 Panasonic Liquid Crystal Display Co., Ltd. transferred from AVC Networks Company.
Panasonic CycleTech Co., Ltd. transferred to Appliances Company.
Apr. 2015 Motor Business Unit (formerly Motor Division) transferred from Appliances Company.
Operations divided into four divisions: Automotive, Energy Devices, Industrial, and Factory Solutions
Apr. 2017 Turned Ficosa International S.A., which is headquartered in Spain, into a consolidated subsidiary.

 

History of Automotive Company

Apr. 2019 Established the automotive “company”, based on the automotive business of the former automotive and industrial systems businesses, and the automotive engine business.
Apr. 2020 Established Prime Planet Energy & Solutions, Inc., a joint venture with Toyota, which is engaged in automotive square lithium-ion batteries.

 

History of Panasonic Automotive Systems

Apr. 2022 Established Panasonic Automotive Systems Co., Ltd. as new company in the automotive business, as a result of the Panasonic Group’s migrating to a holding company.

 

History of Panasonic Energy

Oct. 2021 Established the Energy Company as a company based on the energy business of Industrial Solutions Company, the energy business of Tesla Energy in the USA, and Energy Company based on the energy technology department under the umbrella of the headquarters.
Apr. 2022 Adopted the name Panasonic Energy Co., Ltd. in line with the spin off.

Supplemental Information 1