Panasonic is a multinational company in Japan, with more than 230 companies around the world, with a total staff of more than 290493. There are more than 54000 people in China. The total sales volume of 2001 was over $61 billion, ranking 26th among the top 500 manufacturing industries in the world.
Panasonic has been developing its brand products in China as Panasonic (formerly called national in 1986 and changed to Panasonic gradually, and it has been unified as Panasonic since October 1, 2008). Panasonic Electric Industry Co., Ltd. has been a global leader in developing brand products in many fields, such as home appliances, digital audio-visual electronics, office products and aviation; The company's brand has jumped into the top 500 world brands list. Panasonic announced on October 31st, 2012 that the consolidated final profit and loss (in accordance with us accounting standards) for fiscal year 2012 (April 2012 to March 2013) was expected to be reduced from y50billion to JPY 765billion.