Japanese industrialist, Konosuke Matsushita, founded Matsushita Electric Industrial Corporation in 1918, in the city of Kadoma, in Osaka, Japan. He guided the company through years of tremendous growth and global reach until his death in 1989 at the age of 94, when he was still serving the company as Executive Advisor.
Matsushita Electric Industrial Corporation, best known for its Panasonic brand, changed its name to Panasonic Corporation on October 1, 2008.
Since its foundation, Panasonic Corporation has been guided by Konosuke Matsushita’s basic management philosophy, “Contribute to the progress and development of society and the well-being of people worldwide through the electronics business.”
At Panasonic Avionics, our management principles are based on the philosophy of our founder.
- Exceed customer expectations in products and services
- Achieve customer satisfaction and corporate profit through motivated, capable, informed, and focused employees
- Perform professionally, ethically, and with the customers’ interests in mind at all times
- Establish long-term partnerships to enhance customer value and drive loyalty
- Invest in the future
- Leverage strengths, manage weaknesses
- Listen, think, add value
