INTRODUCTION

Panasonic Corporation (パナソニック株式会社 Panasonikku Kabushiki-gaisha?) (TYO: 6752 NYSE: PC), formerly known as Matsushita Electric Industrial Co., Ltd. (松下電器産業株式会 社 Matsushita Denki Sangyō Kabushiki-gaisha?), is a Japanese multinational corporation headquartered in Kadoma, Osaka, Japan. Its main business is in electronics manufacturing and it produces products under a variety of names including Panasonic and Technics. Since its founding in 1918, it has grown to become the largest Japanese electronics producer. In addition to electronics, Panasonic offers non-electronic products and services such as home renovation services. Panasonic was ranked the 89th-largest company in the world in 2009 by the Forbes Global 2000 and is among the Worldwide Top 20 Semiconductor Sales Leaders.[2]

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Name

For 90 years since establishment, the name of the company was always topped with "松下" ("Matsushita"). The company's name before 1 October 2008 had been "Matsushita Electric Industrial Co., Ltd.", used since 1935.[3][4] In 1927, the company founder adopted a brand name "National" (ナショナル National?) for a new lamp product, knowing "national" meant "of or relating to a people, a nation."[5] In 1955, the company labeled its export audio speakers and lamps "PanaSonic", which was the first time it used its "Panasonic" brand name[6]. The company began to use a brand name "Technics" in 1965[6]. The use of multiple brands lasted for some decades[6]. In May 2003, the company put "Panasonic" as its global brand, and set its global brand slogan, "Panasonic ideas for life."[7] The company began to unify its brands to "Panasonic" and, by March 2004 replaced "National" for products and outdoor signboards, except for those in Japan[7]. On January 10, 2008, the company announced that it would change its name to "Panasonic Corporation" (effective on October 1, 2008) and phase out the brand "National" in Japan, replacing it with the global brand "Panasonic" (by March 2010)[8]. The name change

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Panasonic continued to produce high-quality 3 .S. brand names. market under the Panasonic brand name. often exported to North America under various U. 2008[9] after consultation with the Matsushita family.S. reliable products. multiband shortwave radios. precision. National/Panasonic quickly developed a reputation for well-made. This line of high quality stereo components became worldwide favorites. The most famous product still made today is the SL-1200 record player. known for its high performance. Throughout the 1970s and early 1980s. and expanded the use of the brand to Europe in 1979. (The trademark could not be used probably due to discriminatory application of trademark laws where brands like General Motors were registrable.[12] The company used the National trademark outside of North America during the 1950s through the 1970s. hi-fidelity stereo receivers. Rapid growth resulted in the company opening manufacturing plants around the world. Panasonic began producing television sets for the U. In 1961. Konosuke Matsushita traveled to the United States and met with American dealers. and marine radio direction finders. The company also developed a line of home appliances such as rice cookers for the Japanese and Asian markets. The company debuted a hi-fidelity audio speaker in Japan in 1965 with the brand Technics.was approved at a shareholders' meeting on June 26. and durability.) It sold televisions.

starting in February. At the time.[14] 4 . CD players. 2006 Panasonic announced that. Japan. the target market was said to be elderly people. the Japan Times reported that Panasonic planned to develop a "next generation first aid kit" called the Electronic Health Checker. it will stop producing analog televisions (then 30% of its total TV business) to concentrate on digital TVs. especially those living in rural areas where medical help might not be immediately available. as well as developing a successful line of stereo receivers. with plans for eventual overseas distribution. Since 2004. Panasonic in Kadoma. to include the United States. Toyota has used Panasonic batteries for its Toyota Prius.[13] On January 19.specialized electronics for niche markets such as shortwave radios. behind: Corporate R&D laboratories In November 1999. an environmentally friendly car made in Japan. In recent years the company has been involved with the development of high-density optical disc standards intended to eventually replace the DVD and the SD memory card. Foreground left: Panasonic Konosuke Matsushita Museum. and other components. Osaka. The kits were then in the testing stage. so it was planned that the kit would include support for telemedicine.

[17][18][19] History Panasonic was founded in 1918 by Konosuke Matsushita first selling duplex lamp sockets. the Sanyo brand and most of the employees will be retained as a subsidiary.4 billion. In 1927. The merger was completed in December 2009. Konosuke Matsushita. It operated factories in Japan and other parts of Asia through the end of World War II. producing electrical components and appliances such as light fixtures. National/Panasonic bicycles The production of high-quality road and touring bicycles and bicycle components composed a little-known but substantial portion of the appliance division of the National/Panasonic corporation from 1945 through the end of the 1980s. founder of National/Panasonic. Panasonic regrouped and began to supply the post war boom in Japan with radios and appliances. As part of what will be Japan's biggest electronics company.2 trillion (around $110 billion). Sanyo grew to become a competitor to Panasonic. it produced a bicycle lamp.[10] 5 . had been adopted into a family who owned a small bicycle shop.On November 3. 2010 Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9. and was passionate about bicycles and cycling. resulting in the eventual acquisition of Sanyo. As a child. as well as bicycles. Toshio Iue founded Sanyo as a subcontractor for components after WWII. After World War II. Matsushita's brother-in-law. motors. 2008 Panasonic and Sanyo were in talks. the first product it marketed under the brand name National. and resulted in a mega-corporation with revenues over ¥11. and electric irons.[15][16] On July 29.

Panasonic built several models for Schwinn.[11] 6 . and other markets. such as the World Traveller and the World Voyager. steady increases in the value of the Japanese yen and lower cost competition from Taiwan made Panasonic bicycles less competitive in the U.S.[11] From 1985 on. Panasonic began to sell rebadged bikes made in Taiwan under their name. Panasonic's bicycle tires had higher thread counts and thicker treads than their competition. When Schwinn was forced by economics to outsource bicycles built overseas. Despite competition from other Japanese manufacturers. By 1989.National and Panasonic bicycles were sold both in Japan and overseas to various retailers. Panasonic produced a full range of lugged steel frame bicycles. and established a reputation for uniformity and high quality. As the only vendor to meet Schwinn's rigid manufacturing and production standards. produced in modern factories complete with robotic welding/brazing and advanced paint application equipment. Matsushita enacted a corporate policy forbidding low quality in Panasonic bicycles no matter what the profit margins. Following the death of Konosuke Matsushita. Panasonic abandoned the US bicycle market at the end of September. During the 1970s and 1980s. who sometimes rebadged the bikes with private labels. Panasonic division managers were reporting that bicycles brought less revenue (and less profit) per square foot of warehouse than any other product in the corporate division. they chose the Panasonic World series. a successful model in production from 1972. 1989.

With five manufacturing establishments and four sales companies across India the company focuses on making everyday office tasks simpler. business. In Asia Pacific Region. Panasonic's operation has rapidly expanded in the region. office automation products and electronic products of the highest quality. Panasonic Asia Pacific assumed the role of a regional headquarters for the Asia and Oceania region. convenient and more energy efficient. human resource development and productivity enhancement for Panasonic companies in the region. The company operations span across 9 countries with a total of 75 companies. In 2001. employing a total workforce of about 385. providing support in logistics. financial services. information communication. With 297 manufacturing facilities across the world. 7 . Over the years. the following Panasonic group Companies exist.000 and achieving a sales of USD 79 billion as of FY2009. an annual spend exceeding US$5 billion on research and development.Corporate Profile Panasonic has been a market leader in consumer durable industry delivering superior products and services in India since 1994. Panasonic Corporation. and industrial needs. is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer. headquartered in Osaka . household & home appliances. Panasonic has a long standing presence beginning from its first factory in Thailand in 1961. In India. The company specializes in providing consumer products. Panasonic is o ne of the largest electronic product manufacturers. Japan . Panasonic Corporation is ranked 65 th in the Fortune 500 list of the largest global corporations.

Gujarat. INNCO is based in Chennai. Product categories include beauty care. Panasonic Carbon India Co. has branch offices in India engaged in the import. This global brand slogan for Panasonic represents its commitment in providing products and services based on ideas that will enrich lifestyles and 8 . Panasonic Home Appliances India Co. PHAI is headquartered in Chennai. The global brand slogan for the company is Panasonic Ideas for Life.• • • • • • • Panasonic India Pvt. Ltd. In addition. Ltd [PCIN]: is engaged in the manufacture and sales of carbon rods. The company recently took over Sanyo in a $9 billion deal to become world's second largest conglomerate. marketing and sales of kitchen appliances and small domestic appliances. PCIN is based in Chennai. Telecom products. Panasonic Energy India Co. Panasonic AVC Networks India Ltd [PAVCI] is a key manufacturer of CRT TVs and LCD. Tamil Nadu. Ltd [PHAI] is engaged in the manufacture. Tamil Nadu. Computers. 1 electrical accessories and wiring devices manufacturer in India. Projectors and Security systems. Anchor is 100% subsidiary of Panasonic Group. Indo National Ltd [INNCO]: is engaged in the manufacture and sales of dry-cell batteries. [PI] (Consumer Sales Division) is responsible for the sales and marketing of mass consumer products. each specializing in products that cater to the Indian customers and marketplace. marketing and sales of Office automation. UP. Panasonic Asia Pacific Pte. PAVCI is based in Noida. They are headquartered in Delhi. Ltd. Tamil Nadu. import. PECIN is based in Baroda. personal care and health care items. the Panasonic family extends to 6 other entities. the No. Limited [PECIN] is engaged in the manufacture and sales of dry cell batteries.

Panasonic in India is supported by a wide dealer and service network. We are actively poised to strengthen and widen this network in India into the evolving future. to further enhance the corporation's business growth and increasing prominence in North America. we continue to direct considerable corporate resources to organizations that meet our program criteria in the primary categories of education and community relations/social welfare. and provided opportunities for active employee volunteer participation. not simply to provide financial support to a diverse group of community organizations. business and industrial use. Being a leading manufacturer of electronic and electrical products for consumer. Panasonic has made a commitment. but to also establish a formal corporate outreach program created to provide the corporation with "one face" for all of its outreach initiatives and programs. Our corporate outreach encourages us to seek partnerships that transcend differences in race. age or gender. Its focus isn't just on products.assist the advancement of society. the company has become a trendsetter of technology innovation and has continuously set standards in the consumer durable industry. The program established annual levels for spending. The thousands of employees whose personal commitment and dedication to our 9 . Panasonic employees have given countless hours towards our corporate outreach activities. Today. In addition. it's also on ideas. From its inception to the present. including our signature programs. culture. targeted categories for giving. Panasonic introduced a formal corporate contributions outreach program. Outline of Panasonic India History of Corporate Social Responsibility In 1989.

in conjunction with the corporation's overall business and diversity goals and objectives. the performance of management and CSR activities. New business partners worldwide must also sign a Basic Purchasing Agreement before receiving the first order. All new business partners must comprehend and agree with the Panasonic management philosophy and CSR Procurement guidelines. Cost. In cooperation with business partners The CSR-conscious procurement evaluation system and Panasonic initiatives Panasonic concentrates business on business partners that have outstanding technologies and quality along with a strong commitment to CSR. If a business partner violates the CSR requirements of the Basic Purchasing Agreement. have made a difference in the lives of those we have touched and that making a difference will continue to be synonymous with the name Panasonic.program is one of the most significant and visible contributions we offer to any worthy cause. Delivery and Service) criteria. We are confident that in some small way our corporate outreach efforts. we may reduce or even terminate purchases from that business partner. For serious violations. major business partners account for more than 70% of our procurement. Afterward. we review these business relationships periodically by performing audits that evaluate QCDS (Quality. we ask the company to take immediate actions to resolve the problem and report back to us. 10 . Currently.

000 business partners in Japan in 2008. and occupational health and safety. These audits were instrumental to our completion of measures to comply with the RoHS Directive in October 2005. we are using these audits to comply with REACH. With regard to human rights. We frequently conduct employee training events and audits in order to procure goods and services with emphasis on fair and unrestricted competition among business partners. six months before compliance became mandatory. The Clean Procurement Declaration describes our commitment to fair and equitable procurement activities. Compliance is at the heart of all activities at Panasonic. our Basic Purchasing Agreement and other contracts require business partners to respect the rights of employees in four 11 . we have been performing Environmental Quality Assurance System Audits since fiscal 2005. regulations and social standards around the world. By 2008.000 companies worldwide have access to highly sensitive information. We are now working with overseas business partners to improve their security systems so they can meet our standards. starting with the design and development of a new product. We require these business partners to implement the same level of information security as Panasonic to prevent information leaks. customs laws governing global procurement activities. employment. We are dedicated to complying with Japan's Subcontracting Law. and other laws. To explain our stance and give business partners a better understanding of Clean Procurement. Information security is essential to creating an environment for close cooperation with business partners. Approximately 1. we once again sent information about this declaration to our approximately 5.As part of our Green Procurement activities. Currently. Security is particularly important for business partners with access to confidential information. all of these business partners in Japan had achieved the same security level as at Panasonic.

Since the fiscal year ended March 2010. including laws concerning forced labor. in the Panasonic Group in December 2009.. including energy and resource conservation and use of recycled materials. Panasonic business partners must also provide workplaces that are safe and not harmful to employees' health. Panasonic has been working with its suppliers on the ECO-VC (value creation) initiative. Procurement Activities Promoting Environmental Innovation with Supply Chain Partners Expertise in recycling-oriented manufacturing is shared with suppliers from around the world at the Panasonic Excellent Partners Meeting. significant reductions in the number of parts used. Ltd. business partners must comply with all labor-related laws and regulations. which at the same time aims to rationalize costs. This program focuses on environmentally-conscious efforts in parts and materials procurement.areas: (1) equal opportunity employment. child labor and illegal workers. development of smaller. and improvements in logistics. we received over 500 suggestions from our suppliers around the world. Examples of these advanced initiatives are shared with our suppliers and expanded across the supply chain through our Panasonic Excellent Partners 12 . (2) prevention of discrimination. In the fiscal year ended March 2010. involving electric power conservation. lighter components. We initiated activities toward integrating CSR-conscious procurement promotion methods and programs following the inclusion of SANYO Electric Co. (3) respect for privacy and (4) sound relationships between the company and its employees. To meet this standard.

Panasonic CSR Management “Public Entity of Society” We at Panasonic have always followed our unchanging management philosophy of “contributing to society through our business activities. And. as we aim to become the “No.” This philosophy serves as the basis of all our operations. we will place even greater focus on recyclingoriented manufacturing. which is attended by both suppliers from inside and outside Japan. 1 Green Innovation 13 . based on the concept of fair trade. Going forward. continue to play a proactive role in contributing to the global environment. and. encourage even more of our suppliers to take an active part in our ECO-VC initiatives.Meeting.

we must “start anew every day.” All of our employees across the globe are working together embracing the spirit of innovation reflected in the philosophy of “Start anew every day. “Adapting to Changing Times” Aiming to Become the No. they have to change with the times. and in order to continue to develop in the midst of such change. In other words. and even move one step ahead of the times. we will make our utmost efforts to bring forth innovation. which aims to make green lifestyles a reality to enrich people's lives. our founder. However.. once said.” “My Management Philosophy” (Konosuke Matsushita) From the chapter. are not unchangeable. 1 Green Innovation Company in the Electronics Industry Panasonic is striving to bring forth two types of innovation as it works to realize its vision for the 100th anniversary of our founding.. At our company. One is Green Life Innovation. “Actual policies and measures adopted at a given time as we put our management philosophy into practice in light of existing business conditions. have to change with the times.Company in the Electronics Industry” moving toward the 100th anniversary of our founding. we also adhere to a fundamental management principle of “Start anew every day.” a spirit which has been a part of us ever since the founding. made possible through 14 . actual policies and measures adopted at a given time as we put our management philosophy into practice in light of existing business conditions. companies must also adapt to changes in society. In other words. we must start anew every day.” Konosuke Matsushita. “Start Anew Every Day” “A good management philosophy should basically be workable in any age. On the contrary. Our society is constantly changing and shifting.

and respect for employees.ideas that we propose for better living.” Throughout its history. This is how we go about making Panasonic a worker-friendly. more fulfilling environment. which seeks to implement and offer an optimum green business-style. The second is Green Business Innovation. In essence. evaluations based on performance. Through these activities. this approach means that we are simultaneously pursuing two objectives: sustaining growth in sales and earnings and allowing employees to achieve their goals through their work. In cooperation with employees Basic Approach “People are the foundation of business. Develop people before making products. Panasonic has consistently placed priority on human resource development based on this philosophy. 15 . The core element of our human resources policy is building win-win relationships between the company and employees through a variety of activities based on the principles of participative management. we will work to contribute to the progress and development of society and enrich people's lives.

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We carry out our corporate citizenship activities not as distribution of profit but as investment in society. and we are working to promote both types of activities simultaneously in a manner that suits the times.Corporate Governance for CSR Management Corporate Governance Directors and Corporate Auditors Panasonic Code of Conduct Global Compliance G&G Risk Management Activities Information Security Enforcement Fair and Appropriate Advertising Activities RESPONCIBILITY TOWARDS SOCIETY Panasonic has inherited its management philosophy of contributing to society from its stance as "a public entity of society. To help achieve a sustainable society. strengthening the 17 ." which has been a part of the company's DNA ever since its foundation. Furthermore. Panasonic is promoting corporate citizenship activities (social contribution activities) and working to solve social issues around the world. based on the philosophy of education and coexistence while focusing on two key areas: the environment and the next generation. We believe that our business activities and our corporate citizenship activities should be balanced like the wheels of a car. and to ensure the sustainable continuation of activities in the two key areas.

The most essential of these processes is the creation of added value aimed at contributing to economic. helping us set and maintain the right direction for our business. creating value and contributing to society is our primary mission. Together these guidelines serve as a compass. Next. we make these products and services available throughout the world. 18 . The Panasonic Group has formulated a Global Policy to develop the following corporate citizenship activities around the world. Creation of Value and Contribution to Society Our business primarily comprises the following integrated philosophies and processes. funds and information. This philosophy comprises the Basic Management Objective. Company Creed and Seven Principles. Finally.foundations of civil society will always be the focus of our activities. materials. including human resources. Our Basic Business Philosophy is timeless and remains valid regardless of where our business takes us. social and environmental progress with a view to achieving sustainable development. our approach to business activities. Panasonic Code of Conduct Our Core Values Our Basic Business Philosophy as the Foundation of Our Business Our Basic Business Philosophy helps us determine our objectives. we are entrusted by society with valuable resources. First. we use these resources to create valueadded products and services. In other words. and the general direction of our company.

Global Perspectives . It provides us with a variety of blessings including natural resources and energy.Close Ties with Society Developing close and mutually advantageous relations with society is another key process. including our customers. acknowledge and respect the diverse cultures. Only One Earth The earth is our home. we must conduct our business activities transparently in order to be accountable. business partners." that must strive to fulfill its social responsibilities. In addition to listening to stakeholders' opinions. Carrying out our Basic Business Philosophy 19 . In short.Global Conduct As a global company. employees and local communities. honest and swift in taking action to comply with our social responsibilities. we will take the initiative in environmental activities to preserve our invaluable natural environment for future generations. shareholders. truthful. With this in mind. so our Company is also being positively influenced by society. An Enterprise as a Public Institution Since our business is dependent on our customers and other stakeholders. Our business needs both tangible and intangible support and cooperation from numerous stakeholders. As we contribute to the continual progress of society. economic and environmental aspects. we must respect human rights and do our best to understand. mindsets. religions. At the same time. our business activities influence those stakeholders in a variety of social. we must continue to be fair. laws and regulations of people in the different countries and regions where we conduct business. we must remember that "an enterprise is a public institution.

it is important that we always refer to the Basic Business Philosophy and determine what action to take in the spirit of that Philosophy. we will devote ourselves to the progress and development of society and the wellbeing of people through our business activities. Fairness and Honesty We will be fair and honest in all our business dealings and personal conduct. 20 . we pledge to perform our corporate duties with dedication. faithfully fulfilling our responsibilities as industrialists to the communities in which we operate. Company Creed Progress and development can be realized only through the combined efforts and cooperation of each employee of our company. For situations not covered in the Code of Conduct. Seven Principles Contribution to Society We will conduct ourselves at all times in accordance with the Basic Management Objective. United in spirit. cannot cover all possible situations. by providing the criteria that should be observed in individual business activities in any country. No matter how talented and knowledgeable we may be. thereby enhancing the quality of life throughout the world. This Code of Conduct is designed to help us implement our Basic Business Philosophy. diligence and integrity. however. Basic Management Objective Recognizing our responsibilities as industrialists.Today more than ever great importance is being given to corporate social responsibility and business ethics. This Code of Conduct.

Untiring Effort for Improvement We will strive constantly to improve our ability to contribute to society through our business activities. Gratitude We will act out of a sense of gratitude for all the benefits we have received.without personal integrity. taking care to act in harmony with nature to ensure progress and success in our endeavors. Only through this untiring effort can we fulfill our Basic Management Objective and help to realize lasting peace and prosperity. we can neither earn the respect of others. nor enhance our own self-respect. Cooperation and Team Spirit We will pool our abilities to accomplish our shared goals. confident that this attitude will be a source of unbounded joy and vitality. without cooperation and team spirit we will be a company in name only. Courtesy and Humility We will always be cordial and modest. respecting the rights and needs of others in order to strengthen healthy social relationships and improve the quality of life in our communities. Adaptability We will continually adapt our thinking and behavior to meet the ever-changing conditions around us. enabling us to overcome any obstacles we encounter. 21 . No matter how talented we are as individuals.

(2) Developing Products People Want We are committed to developing products that will enrich the lives of our customers by continually taking into account customers' opinions and changing societal needs and by observing how people live and interact with our products. we will try to prevent our technologies from being used in any way that might jeopardize the global environment. social justice or humanitarian activities. We will respect the intellectual property rights of others. performance. while at the same time promoting the responsible use of our technologies around the world. We will strive to develop products that provide ever increasing satisfaction to our customers based on their quality. environmental consciousness and ease of use. (4) Open Standards 22 . affordability. (3) Respect for Intellectual Property Rights We will secure and protect intellectual property rights for our R&D achievements. world peace.I-1. design. At the same time. At the same time. we will strive to prevent or eliminate any infringements of our own rights. regardless of age or ability. and that are accessible to a wide range of people. Research and Development (1) Research and Development for a Better Future Through research and development we aim to achieve a better future.

2) We will respect each individual's personality and individuality. creativity and a challenging spirit. By building such mutually benefiting relations between the Company and its employees. try to offer matching opportunities in other regions. employee education and training. while at the same time working to maintain and improve a system that develops the diverse qualities of employees. as well as to developing our own abilities through personnel systems. The Company will respect each employee's personality and motivation and. "The basis of management is people. Employee Relations The Company will respect human dignity and strive to provide an environment that encourages employees to realize their full potential. we will carry out the Basic Business Philosophy. we will seek to ensure maximum benefit for our customers worldwide." we are committed to developing human resources with outstanding specialties. 23 . while fairly disclosing all relevant information and constructively promoting our business activities.In unifying existing standards and establishing universal standards. (1) Human Resource Development 1) Remaining faithful to the principle. in appropriate circumstances.

ethnicity. workplace and working conditions by constantly having a sincere and constructive dialogue. utilizing common sense and respect for others. The Company will comply with the employment laws and regulations of the countries and regions in which it conducts business. social status. 2) The Company will not employ people against their will. creed. insults. as well as a good member of the Company. the Company will try to foster a good relationship with its employees and to resolve issues of. (2) Respect for Human Rights 1) The Company will respect basic human rights and will work to ensure equal employment opportunities. religion. 5) Taking into account the laws and labor practices of each country. we will respect the privacy of each employee. such as defamation.3) We will strive to act as a respectable member of society. 24 . physical or mental disability or any other legally protected status. sexual harassment or violent acts. We will strive to create a safe and pleasant workplace by avoiding speech or conduct that violates human rights. race. among others. No discrimination toward employees or others will be tolerated in speech or conduct. age. 3) Based on the full recognition that individuals are different and have different values. 4) Managers will fulfill their tasks based on the recognition that personnel development is their most important responsibility. based on sex. nationality. and will not use child labor. 4) The Company will give due consideration to the health of its employees and will maintain a comfortable workplace that meets all applicable safety standards.

Panasonic in India has introduced an unique concept called One stop Service to faciliate easy access to After sales service for our customers. Employees will not disclose to third parties any confidential information learned while performing their services. they will return to the Company all corporate property in their possession. and related materials. without permission of the Company. We will not abuse them. we will report the matter to a superior or other appropriate person. (4) Conflicts of Interest We will not engage in any action in which our personal interest conflicts or may conflict with that of the Company.(3) Corporate Asset Protection Tangible and intangible corporate assets. When employees leave the Company. including trade secrets. The One Stop Service : As part of our efforts to strengthen "Customer Comes First "motto. One stop service counter is present at our brandshops to offer prompt & quick service. Panasonic unethical issue 25 . including all business-related confidential information. including our online network and other information systems. Should such a conflict arise. are provided for business purposes. We also have well qualified service engineers to provide efficient and flawless service.

The company could not comment on the results. PENTAX. We are planning on filing a class action lawsuit against Panasonic.Panasonic sued over plasma TV picture quality A class action lawsuit against Panasonic was filed February 12. KYOCERA." We first learned of the suit when we contacted a Panasonic representative while seeking comment regarding our most recent test results on black-level performance. filed in federal court in New Jersey. PANASONIC AND 14 OTHER COMPANIES Has anyone filed a class action lawsuit against Panasonic regarding the power supply issue? I have a Panasonic 61" DLP TV that has a serious problem with the power supply and most times will not turn on. NOKIA. That test did find worse performance in two aged 2009 Panasonic plasma TVs. but our attorney is advising us to find someone else who has filed a class action lawsuit. The suit. citing the pending litigation. claiming an increase in the brightness of black levels. alleges that "the television is no longer producing the same image quality that [Panasonic] represented it would produce. as well as a corresponding decrease in contrast ratio that is detrimental to picture quality. Here's the full text of Panasonic's response DIGITAL FILES PATENT INFRINGEMENT LAWSUIT AGAINST CANON. Anyone? 26 .

In buying Sanyo. The merger would make Japan’s Panasonic a global leader in rechargeable batteries and a major player in the solar equipment market – two key areas for its future growth. making human rights and safety an integral part of 27 . Honda and Ford. Corporate Ethics Panasonic Electric Works has been strongly committed to ethical conduct as spelled out in the philosophy of our founder. This market segment is set for explosive growth as governments around the world tighten greenhouse gas emissions standards for vehicles. used in laptops. cameras.Analysis: Panasonic eyes Sanyo's green potential Panasonic’s strategic takeover of struggling rival Sanyo could be the start of electronics giants consolidating to gain dominance in green technologies Panasonic’s $9bn takeover of Sanyo is set to create the world’s second largest electronics maker behind Samsung with combined annual sales of $111bn. mobile phones – and new green cars. Konosuke Matsushita. according to Goldman Sachs. The acquisition of Sanyo would see Panasonic’s share of the global market for rechargeable batteries surge from 10% to 38%. Sanyo is the world’s No 1 producer of lithium-ion batteries. it would take on contracts to supply rechargeable batteries for electric and hybrid cars to leading carmakers Volkswagen. Panasonic already makes batteries for Toyota’s hybrid cars.

we publish our compliance program activities on a regular basis.Panasonic's tradition. To make this business ethics tradition clear to everyone. both inside and outside the PEW group. This is done to clarify the structure of our ethical environment in order to enable its preservation and dissemination on a company-wide basis. 28 .

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