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Panasonic - Statistics & Facts

Founded in 1918, Panasonic Corporation is one of the largest consumer electronics companies in the world. The company has a strong presence in various business segments, from home appliances to industrial solutions. Televisions, cameras and camcorders, office monitors, integration systems, projectors are a few examples of electronics produced by Panasonic.

As one of the leading consumer electronics companies in the world, Pansonic generated more than 70 billion U.S. dollars in revenue in fiscal year 2020. Just as Hitachi, Sony and Toshiba, Panasonic is an international conglomerate based in Japan. Panasonic’s total assets in the 2020 fiscal year amounted to over 58 billion U.S. dollars, an decrease of about two billion U.S. dollars from the previous fiscal year. Aside from the Japan-based companies, LG Electronics and Sharp are also some of Panasonic’s competitors in the consumer electronic market.

Panasonic employed 259,385 people worldwide in FY2020. The number of Panasonic employees has experienced a decline from FY2019, when the company had more than than 270,000 thousand employees worldwide. Panasonic is amongst the companies with the most U.S. patents granted. Despite that, Panasonic’s investments in research and development have seem to stagnate since 2010. In FY2020, Panasonic spent about 4.47 billion U.S. dollars on R&D, compared to the 4.48 spent in 2010.

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