𝗔𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗣𝗮𝗻𝗮𝘀𝗼𝗻𝗶𝗰 𝗚𝗿𝗼𝘂𝗽 Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,378.9 billion yen (ca. 59.4 billion Euro) for the year ended March 31, 2023.