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Matsushita Electric Becomes Panasonic Corporation

Effective 1 October 2008, Matsushita Electric Industrial Co., Ltd. has become Panasonic Corporation, and its ticker symbol on the New York Stock Exchange has been changed from MC to PC. The name change also took effect for some of the group companies that used the names Matsushita or National. Along with the name change, Panasonic is working on the brand changeover from National to Panasonic in Japan, aiming to complete the transition by the end of March 2010.

Nao Matsushita encourages public to file income tax returns online

Actress-pianist Nao Matsushita, 23, has been enlisted by the National Tax Administration Agency (NTAA) to encourage the public to file their income tax returns online. Matsushita said, “It’s a new idea for me. I have always filed my tax returns after doing them by hand. But next time I would like to try the e-tax method.â€�

Matsushita's mistakes trigger Rockets attack

Tadashi Hosoya and Kaoru Matsushita learned Sunday that a week isn't just a long time in politics as NEC Green Rockets beat Yamaha Jubilo 34-20 at Kashiwanoha Stadium.

Panasonic Alignment Targets SMB

Matsushita Electric announced on October 1, 2008, it is now Panasonic Corporation; it had decided in 2003 to position Panasonic as its global brand with the brand slogan “Panasonic ideas for life.” The company plans to bridge its three different names--Matsushita, National and Panasonic--under the single name of Panasonic to enhance its total brand value.

Singapore - Panasonic beats Pensonic

Japanese giants, Matsushita Electrical Industrial Co. (Matsushita) brought opposition proceedings against the applicants, Pensonic Corporation Sdn Bhd, a Malaysian company that applied to register the mark Pensonic with the device of a letter P (trade mark no. T0503804C) for: "Electrical apparatus and instruments, radio and television receiving apparatus, tape and video recorders and combinations thereof, mechanisms for cassette and cartridge tape recorders, stereophonic sound reproducing apparatus and instruments, aerials, loud speakers, head-phones, microphones, radiogramaphones, sound amplifiers and parts and fittings, irons, electric steam irons, electric dry irons, electric flat irons, calculators; all being goods included in Class 9."

Panasonic erodes profit forecast, cites financial crisis

Panasonic Corporation, who legally changed their name from Matsushita Electric Industrial Company on October 1st, has "downwardly revised" their current year profit forecast by a whopping 90%.

Panasonic Avionics Corporation Plants Trees for the Renewal of the Forest Program

In the spirit of the philosophy fathered by founder Konosuke Matsushita and its continued commitment to a sustainable environment, Panasonic Avionics Corporation (Panasonic), a world leader in state-of-the-art in-flight entertainment (IFE) and communication systems, will donate trees to be planted at local parks in the City of Lake Forest, California. The trees planted by Panasonic are part of the city's Renewal of the Forest Program designed to help preserve and revitalize urban parks, gardens and public lands.

Panasonic, Sanyo in talks on possible takeover

In this September 16, 2008, file photo, Fumio Otsubo, president of Matsushita Electric Industrial Co. speaks during a press event in Tokyo to announce the major Japanese electronics maker will scrap its Japanese brand name "National" and start a marketing blitz called "Hello Panasonic" in an ambitious drive to boost market share. Panasonic and smaller Japanese electronics rival Sanyo are starting talks on a capital and business alliance and aim for a buyout deal by year-end, hoping to work together in solar cell, battery and other businesses, both sides said Friday November 7, 2008. (AP Photo/Katsumi Kasahara, FILE)

Panasonic, Sanyo shares soar amid takeover reports

In this April 28, 2008 file photo, Fumio Otsubo, president of Matsushita Electric Industrial Co., which was renamed on Oct. 1 to Panasonic Corp., attends a press conference in Tokyo, Japan. Weekend reports Panasonic may acquire rival Sanyo Electric Co. sent share prices of the Japanese electronics makers soaring in Tokyo Tuesday, Nov. 4, 2008 as speculation grew for a bit of bright news for a gloom-filled market. (AP Photo/Shizuo Kambayashi, FILE)

Panasonic sets new high in interim net profit

Panasonic Corp said Tuesday it has broken its fiscal first-half net profit record for the first time in 23 years. Panasonic, which changed its name from Matsushita Electric Industrial Co at the start of this month, scored a net profit of 128,492 million yen for the six months through September, up 22.2% from the same period last year.

Panasonic Buying Up Sanyo?

reports that Panasonic has reached a deal to buy rival company Sanyo, together creating what might be Japan's largest electronics company. Panasonic—which has just completed transitioning from the corporate name Matsushita—will reportedly keep Sanyo as a brand name, and will maintain most of Sanyo's employees.

Panasonic logs record net profit for first half of business year

Tokyo - Panasonic Corp on Tuesday reported the highest net profit in 23 years for the first six months of a business year, thanks to strong sales of digital consumer electronics. The company, which changed its name from Matsushita Electric Industrial...

Panasonic Corp. says quarterly net income fell 16%

jp:6752] said Tuesday its net income for the three months ended Sept. 30 fell 16%, citing rapid declines in prices for digital products, slumping demand in Japan and overseas and high raw materials and energy prices. Panasonic, which changed its name from Matsushita Electric Industrial Co. earlier this month, said its won't revise its full-year profit forecast at this time because of volatility of exchange rates and stock prices, but noted it may review its outlook with a view to a downgrade when it releases third-quarter financial results. The electronics maker said net income fell to 55.5 billion yen ($586 million) from 65.8 billion yen a year earlier. Net sales for the period were down 4% to 2.19 trillion yen from 2.29 trillion yen a year earlier.

Panasonic Reports Second Quarter and Six Month Results

Cost Reductions Led to Favorable Six-Month Earnings - OSAKA, Japan--(Business Wire)-- Panasonic Corporation(1) (Panasonic)(NYSE:PC) today reported its consolidated financial results for the second quarter and six months ended September 30, 2008, of the current fiscal year ending March 31, 2009 (fiscal 2009). (1) As of October 1, 2008, the company changed its name from "Matsushita Electric Industrial Co., Ltd." to "Panasonic Corporation." Consolidated Second-quarter Results Consolidated group sales for the second quarter decreased 4% to 2,191.7 billion yen, from 2,285.8 billion yen in the same three-month period a year ago. Explaining the second quarter results, although sales gains were recorded mainly in digital AV products and white goods, total sales declined because sales of information and communication equipment were sluggish and

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