A Four-Company Structure Centered on 37 Business Divisions, with Delegated Authority
First written in FY2016. 5 of 12 entries say "Advanced", first in FY2017. Latest entry: 2026-07-07.
0 other companies' latest entry also says "Advanced".
- FY2023-Q1ReframedAnnual report
「Effective 1 April 2022, the Company transferred its businesses through an absorption-type company split to the following nine consolidated subsidiaries, the successor companies to the split. On the same date, it changed its corporate name to Panasonic Holdings Corporation and became a holding company.」
The Company disclosed its transition from the previous company structure to a structure with Panasonic Holdings as the holding company, after transferring the businesses to nine operating companies, together with the post-transition composition of its principal affiliated companies. - FY2022-Q1AdvancedAnnual report
「The company established through the corporate split will work to significantly strengthen its business competitiveness through rigorous autonomous responsibility-based management founded on clearer responsibilities and authority, rapid decision-making in response to changes in the external environment, and flexible system design suited to the characteristics of each business. Meanwhile, as a holding company, Panasonic Holdings Corporation will focus on supporting the growth of each operating company and establishing growth areas from a group-wide total optimization perspective, thereby working to enhance the Group's corporate value.」
Regarding the transition from the previous company structure to a holding company and operating company structure, the Company entered into absorption-type company split agreements with nine successor companies, defining the respective roles of autonomous responsibility-based management by the operating companies and overall optimization and growth support by the holding company. - FY2020ReframedAnnual report
「In promoting its businesses, the Company has 34 business divisions, each serving as a "core of management" and operating under a system of autonomous responsibility for global or regional development, manufacturing and sales, as well as profits and funding, in its respective business. To support these business divisions, the Company has adopted a company structure comprising five companies organized by business axis: Appliances, Life Solutions, Connected Solutions, Automotive, and Industrial Solutions, and two companies organized by region: China & Northeast Asia and US.」
The number of business divisions was stated as 34 this time, compared with 38 previously, under a structure comprising seven companies in total: five business-axis companies and two regional companies. - FY2020-Q3AdvancedAnnual report
「From 1 October 2019, the Company began executing its businesses under the new structure. By separating the executive officers responsible for group-wide business-structure reform from a total optimization perspective from the business execution organization responsible for transforming individual businesses to strengthen each business, the Company clarified management roles and responsibilities and is seeking to improve profitability and secure future competitive advantages across the Company and in each business.」
From 1 October 2019, the Company began executing its businesses under a new structure divided between executive officers responsible for business-structure reform from a total optimization perspective and the business execution organization responsible for transforming individual businesses. - FY2020-Q2AdvancedAnnual report
「In August of the same year, the Company also announced a review of how its businesses would be executed from 1 October onward. By separating the executive officers responsible for group-wide business-structure reform from a total optimization perspective from the business execution organization responsible for transforming individual businesses to strengthen each business, the Company will clarify management roles and responsibilities and seek to improve profitability and secure future competitive advantages across the Company and in each business.」
The Company announced a policy of dividing the business execution structure between executive officers responsible for business-structure reform from a total optimization perspective and the business execution organization responsible for transforming individual businesses, and proceeded to clarify roles and responsibilities from 1 October onward. - FY2019ReframedAnnual report
「In promoting its businesses, the Company has 38 business divisions, each serving as a "core of management" ... five companies organized by business axis: Appliances, Life Solutions, Connected Solutions, Automotive, and Industrial Solutions, and two companies organized by region: China & Northeast Asia and US.」
The business division and company structure was reorganized from the previous four-company structure into a total of seven companies, comprising five business-axis companies and two regional companies, with 38 business divisions. - FY2019-Q1RestatedAnnual report
「For management purposes, the four companies support autonomous responsibility-based management by the business divisions in their respective areas and promote their businesses globally. Their results are disclosed under four reporting segments: Appliances, Eco Solutions, Connected Solutions, and Automotive & Industrial Systems.」
The Company reconfirmed a structure in which four companies support autonomous responsibility-based management by the business divisions and promote and manage the businesses globally through four reporting segments. - FY2018Restatement of the number of business divisions as 37Annual report
「In promoting its businesses, the Company has 37 business divisions, each serving as a "core of management" and operating under a system of autonomous responsibility for global development, manufacturing and sales, as well as profits and funding, in its respective business.」
The number of business divisions, which was stated as 34 in the previous fiscal year, is stated in this filing as a four-company structure centered on 37 business divisions. - FY2017AdvancedAnnual report
「The company has 34 business divisions that serve as the “management base” for advancing its businesses, with each division independently responsible for global development, manufacturing and sales in its area of responsibility, as well as for profits and funding. The company has adopted a company structure to support these business divisions. The four companies, Appliance Company, Eco Solutions Company, Connected Solutions Company and Automotive & Industrial Systems Company, each support the evolution and transformation of the business divisions in their respective areas and lead the execution of the growth strategy.」
The company presented a structure comprising 34 business divisions and four companies, together with the Corporate Strategy Headquarters, the Professional Business Support Division and the Innovation Promotion Division. - FY2016First statedAnnual report
「The company has 37 business divisions that serve as the “management base” for advancing its businesses, with each division independently responsible for global development, manufacturing and sales in its area of responsibility, as well as for profits and funding. The company has adopted a company structure to support these business divisions. The four companies, Appliance Company, Eco Solutions Company, AVC Networks Company and Automotive & Industrial Systems Company, each support the evolution and transformation of the business divisions in their respective areas and lead the execution of the growth strategy.」
The management structure was based on independent management responsibility by the business divisions, supported by the four companies, and on advancing the growth strategy.