Panasonic and Technics are brand names for The Matsushita Electric Industrial Co Ltd. of Japan (MEI), one of the world's largest manufacturers of consumer electronics. It is ranked 3rd on the Fortune 500 Electronics & Electrical Equipment Index.
The company was founded in 1918 in Osaka, Japan by Konosuke Matsushita and today has a workforce of over 260,000 people worldwide.
Panasonic UK was established in 1972, and is a market leader in consumer and business related electronics products with a turnover of £700m+ and 500 staff. It is based in Bracknell, Berkshire with a national Logistics Centre in Northampton.
Two other Panasonic companies operate in the UK. Panasonic Industrial is responsible for the sales of industrial products such as components and computer peripherals while
The founder always believed in putting customers and employees first, and that philosophy has not changed. Indeed the company mission statement has not changed since 1929. The language is quaintly dated, but the philosophy remains true: "Recognising 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."
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