Panasonic Electric Works

In today's world, Panasonic Electric Works has acquired unprecedented relevance, becoming a topic of interest to a wide range of people and disciplines. Whether it is Panasonic Electric Works as a prominent figure in history, as a key concept in a field of study, or as a significant event today, his impact is undeniable. In this article, we will delve into the universe of Panasonic Electric Works, exploring its origins, evolution and its influence on various aspects of society. From its appearance to its contemporary relevance, Panasonic Electric Works has been the subject of analysis and debate, generating a vast wealth of knowledge that deserves to be explored in detail.

Panasonic Electric Works Co., Ltd.
Native name
パナソニック電工株式会社
Company typeSubsidiary
IndustryIndustrial devices
Predecessor
    • Aromat
    • Matsushita Electric Works, Ltd.
Founded1918 (1918)
FounderKonosuke Matsushita
Headquarters,
Japan
ParentPanasonic

Panasonic Electric Works Co., Ltd. (パナソニック電工株式会社, named "Matsushita Electric Works, Ltd. (松下電工株式会社, MEW)" until September 30, 2008) is a Japanese company specializing in the production of industrial devices. It can trace its beginnings to a firm that was founded in 1918 by Konosuke Matsushita. Matsushita began making the flashlight components for bicycles, then progressed to making lighting fixtures.

During World War II, the company manufactured everything from airplane propellers to light sockets. At the conclusion of World War II the U.S.A. forced the company to split into two separate companies, Matsushita Electric Works, Ltd. (MEW), and Matsushita Electric Industrial Co., Ltd. (MEI) (which became Panasonic).

MEW conducts business in automation controls, electronic materials, lighting products, information equipment, and wiring products, building products and home appliances. In 2004 MEW began a pursuit of collaborate business ties with its brother company, MEI.

Panasonic Electric Works head office in Shinbashi, Tokyo.

In 2005, the company was renamed from Aromat to Panasonic Electric Works.

On July 29, 2010, Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9.4 billion.

In 2007, Panasonic acquired Indian company Anchor Electricals Pvt. Ltd.

References

  1. ^ "Panasonic Electric Works- Line of Business". Archived from the original on 2011-04-23. Retrieved 2011-04-17.
  2. ^ "Panasonic Electric Works Corp. of America" Archived 2014-04-07 at the Wayback Machine. Industrial Equipment News.
  3. ^ Announcement of Agreements toward Panasonic’s Acquisition of All Shares of Panasonic Electric Works and SANYO Archived 2011-12-14 at the Wayback Machine
  4. ^ Panasonic buying Sanyo and other unit for $9.4 billion
  5. ^ Consolidation Continues: Panasonic To Buy Sanyo