Centennial company Panasonic is about to reorganize and become a holding company system

On November 16th, according to foreign media reports, the century-old company Panasonic will soon be reorganized, reorganized into a holding company system, and the company name is changed to “Panasonic Holdings”.

It is reported that Panasonic Holdings will set up 8 business companies including car batteries, electronic parts, and auto parts. In terms of personnel, executive director Yuki Kusami will be promoted to president next year, replacing Kazuhiro Tsuga.

Regarding this reorganization, foreign media said that Panasonic hopes to adjust its low-yield business and return to growth as soon as possible through the replacement of the president and corporate holding.