Panasonic Corporation Announces Changes of Senior Management and Organization
March 12, 2020 at 04:20 am
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Panasonic Corporation announced that board has resolved the changes of senior management including director and audit & supervisory board members. Michitaka Sawada is current responsible for Repetitive Director, President and CEO, Kao Corporation and new responsibility as Director. Yiko Kawamato is current responsible for Professor, Waseda Graduate School of Business and Finance and new responsibility as Director. Eiji Fujii is current responsible for VP, Industrial solutions company, Panasonic Corporation and new responsibility as Senior Audit and Supervisory Board Member. Setsuko Yufu is current responsible for Lawyer, Senior Partner, Atsumi & Sakai and new responsibility as Audit and Supervisory Board member. Tetsuro Homma is current responsible for CEO, China & Northeast Asia company, Regional Head for China and Northeast Asia and new responsibility as CEO, China & Northeast Asia company, Regional Head for China and Northeast Asia Chairman, Panasonic Corporation. Takashi Toyama is current responsible for Representative in Tokyo, In charge of Government and External Relations Director, Government and External Relations Division, In charge of Tokyo Olympic and Paralympics Business Promotion and new responsibility as Representative in Tokyo, In charge of Government and External Relations, In charge of Tokyo Olympic and Paralympics Business Promotion. Shigeki Mishima is current responsible for CHRO, general Manager, Corporate Human Resource Strategy Department, Corporate Strategy Division and new responsibility as CHRO. Resignation of Mamoru Yoshida from Senior Audit & Supervisory Board Member, Mitusuko Miyagawa from Audit & Supervisory Board Member, effective June 25, 2020. Michitaka Sawada, Yuko Kawamoto as assignment of Responsibilities as members of the Board of Directors and Audit & Supervisory Board Member, effective June 25, 2020. Eii Fuji as Senior Audit & Supervisory Board Member, Setsuko Yufu as Audit & Supervisory Board Member, effective June 25, 2020.
Panasonic Holdings Corporation (formerly Panasonic Corporation) specializes in manufacturing and marketing of consumer electronic equipments. Net sales (including intragroup) break down by family of products as follows:
- domestic equipments, appliances and audiovisual equipment (42.5%): lighting devices, photovoltaic devices, wiring devices, health and care devices, furnishing materials, air conditioning and ventilation equipments, air purifiers, refrigerators, air conditioners, washing machines, dryers, vacuum cleaners, irons, microwaves, fans, cooking appliances, dishwashers, TVs, digital cameras, audio and video equipment, fixed telephones, showcases, etc.;
- electronic and electromechanical components (13.2%): relays, switches, power supply systems, industrial motors and sensors, capacitors, coils, resistors, materials for electronic circuits, semiconductors, LCD panels, etc.;
- automotive multimedia equipment and electronic accessories (12.4%);
- avionics, industrial automation, communication and entertainment systems (10.8%): in-flight entertainment and communication systems, electronic component assembly machines, welding equipment, projectors, professional audio-visual systems, computers, tablets, mobile communication systems and equipment, etc.;
- energy storage systems (8.9%): cylindrical lithium-ion batteries, dry batteries, primary/secondary lithium batteries, nickel-metal hydride batteries, lithium-ion batteries, energy storage modules and systems;
- other (12.2%).
Net sales break down geographically as follows: Japan (43.2%), China (13.4%), Asia (14.7%), Americas (18.7%) and Europe (10%).