Reorganization into 4 business segments: Consumer Electronics, Housing, Automotive, and B2B
First written in FY2016. 12 of 32 entries say "Restated". Latest entry: FY2026.
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- FY2026ReframedAnnual report
「The scope of our products, in principle including those of our consolidated subsidiaries, covers almost all electrical machinery and equipment and comprises six reportable segments: “Connect,” “Electric Works,” “HVAC & CC,” “Energy,” “Industry” and “Smart Life.” In connection with the transition to the new structure effective 1 January 2026, the reportable segments have been changed, centered on the former “Living” reportable segment, as follows.」
In connection with the transition to the new structure on 1 January 2026, the previous five reportable segments were reorganized into six segments: Connect, Electric Works, HVAC & CC, Energy, Industry and Smart Life. - FY2026-H1ReframedAnnual report
「Following completion of the transfer of shares in Panasonic Automotive Systems Co., Ltd. (“PAS”) effective 2 December 2024, the “Automotive” segment no longer qualifies as a reportable segment from the current interim consolidated accounting period. However, it continues to be presented to enhance clarity. The businesses formerly included in “Automotive” that remain within the scope of consolidation are classified under “Other.”」
Following the deconsolidation of PAS, the previous five reportable segments were effectively reorganized into four reportable segments: “Living,” “Connect,” “Industry” and “Energy.” Automotive continues to be presented for clarity but is no longer a reportable segment, and the remaining businesses have been classified under “Other.” - FY2025Change in segment presentation following the deconsolidation of PASAnnual report
「The “Automotive” segment presents the performance of the business that was deconsolidated following completion of the transfer of shares in Panasonic Automotive Systems Co., Ltd. (“PAS”) on 2 December 2024, for the period through its deconsolidation, approximately 8 months of the current consolidated fiscal year.」
While retaining the five-reportable-segment framework, following the transfer of PAS shares and its deconsolidation, the Automotive segment presents approximately 8 months of performance only, with the remaining businesses classified under “Other” and other categories. - FY2025-H1Reflecting transfers between segments in April 2024Annual report
「Effective 1 April 2024, certain businesses were transferred between segments, and segment information for the previous interim consolidated accounting period was restated for presentation in the form used for the current interim consolidated accounting period.」
The five-reportable-segment framework was retained, and comparative information for the prior interim period was restated to reflect the business transfers effective 1 April 2024. - FY2025-H1Reflecting transfers between segments in April 2024Annual report
「From 1 April 2024, certain businesses have been transferred between segments. Details of each segment are provided in Note 3, “Segment Information,” to the notes to the condensed interim consolidated financial statements.」
While retaining the framework of five reportable segments, segment information for the prior interim period was restated to conform to the current interim-period structure, reflecting certain business transfers effective 1 April 2024. - FY2024-Q3Reflecting transfers between segments in October 2023Annual report
「From 1 October 2023, certain businesses have been transferred between segments. Details of each segment are provided in Note 3, “Segment Information,” to the condensed quarterly consolidated financial statements.」
While retaining the framework of five reportable segments, segment information for the prior-year period and the second quarter of the current fiscal year was restated to reflect certain business transfers effective 1 October 2023. - FY2024-Q2RestatedAnnual report
「Our operations comprise five reportable segments, “Living,” “Automotive,” “Connect,” “Industry” and “Energy,” together with business segments and other business activities not included in the reportable segments.」
The framework for business management and disclosure based on the five reportable segments following the transition to a holding company structure was reaffirmed. - FY2023-Q1Transfer of sales functions and change in segment management criteriaAnnual report
「On 1 April 2022, certain sales functions in the “Living” business were transferred to the respective reportable segments. Accordingly, revenue previously recorded in the “Living” business is now recorded in the respective recipient reportable segments and “Other.” Until the previous consolidated fiscal year, segment performance had been managed using revenue adjusted under management accounting for sales prices; from the current consolidated fiscal year, this adjustment is no longer made.」
While retaining the five-reportable-segment framework, certain sales functions of the Living business were transferred effective 1 April 2022, and the management-accounting adjustment to revenue for sales prices was discontinued. Prior-year segment information was presented in a restated form reflecting the new structure. - FY2022AdvancedAnnual report
「Following the abolition of the company system and the implementation of a business reorganization on 1 October 2021, the previous segment structure was reorganized into five reportable segments, “Living,” “Automotive,” “Connect,” “Industry” and “Energy,” together with other businesses not included in the reportable segments.」
Full-year performance was disclosed under the five-reportable-segment structure following the October 2021 business reorganization. - FY2022-Q3ReframedAnnual report
「Our reportable segments are components of the company for which separate financial information is available and which are regularly evaluated by the chief operating decision maker for decisions on resource allocation and performance assessment. We disclose information by dividing our operations into five reportable segments: “Living,” “Automotive,” “Connect,” “Industry” and “Energy.” Following the reorganization of the Group structure on 1 October 2021, the previous five reportable segments, “Appliances,” “Life Solutions,” “Connected Solutions,” “Automotive” and “Industrial Solutions,” were changed to the above segment structure.」
Following the reorganization of the Group structure on 1 October 2021, the previous five reportable segments were reorganized into “Living,” “Automotive,” “Connect,” “Industry” and “Energy.” - FY2022-Q2RestatedAnnual report
「From fiscal 2021, certain businesses have been transferred between segments. Segment information for fiscal 2020 has been recalculated and restated to conform to the fiscal 2021 structure.」
The treatment of retaining the five-reportable-segment framework and restating prior-year segment information to reflect the fiscal 2021 business transfers was reaffirmed. - FY2022-Q1Restatement of comparative information to reflect the April 2021 business transfersAnnual report
「From fiscal 2021, certain businesses have been transferred between segments. Segment information for fiscal 2020 has been recalculated and restated to conform to the fiscal 2021 structure.」
While retaining the framework of five reportable segments, segment information for the prior-year period was restated to reflect certain business transfers effective 1 April 2021. - FY2021RestatedAnnual report
「Our operations comprise five reportable segments, “Appliances,” “Life Solutions,” “Connected Solutions,” “Automotive” and “Industrial Solutions,” together with other business activities not included in the reportable segments.」
The framework for conducting business activities and allocating management resources and assessing performance based on five reportable segments was reaffirmed. - FY2021-Q3RestatedAnnual report
「Our operations comprise five reportable segments, “Appliances,” “Life Solutions,” “Connected Solutions,” “Automotive” and “Industrial Solutions,” together with other business activities not included in the reportable segments.」
The framework for conducting business activities based on five reportable segments was reaffirmed. - FY2021-Q2Restatement of comparative information following transfers between segmentsAnnual report
「From fiscal 2020, certain businesses have been transferred between segments. Segment information for fiscal 2019 has been recalculated and restated to conform to the fiscal 2020 structure.」
While retaining the framework of five reportable segments, segment information for the prior-year period was restated to reflect the business transfers in fiscal 2020. - FY2020-Q3RestatedAnnual report
「Our reportable segments are components of the company for which separate financial information is available and which are regularly evaluated by the chief operating decision maker for decisions on resource allocation and performance assessment. We disclose information by dividing our operations into five reportable segments: “Appliances,” “Life Solutions,” “Connected Solutions,” “Automotive” and “Industrial Solutions.”」
Following the reorganization effective 1 April 2019, the five reportable segments continued to be disclosed as the units for resource allocation and performance assessment. - FY2020-Q1AchievedAnnual report
「Effective 1 April 2019, “Automotive & Industrial Systems” was reorganized into “Automotive” and “Industrial Solutions.” “Eco Solutions” was also renamed “Life Solutions.”」
Effective 1 April 2019, the plan to reorganize the previous four reportable segments into five segments was implemented. - FY2019ReframedAnnual report
「From fiscal 2019, the segment structure was partially changed. “Eco Solutions” was renamed “Life Solutions,” while “Automotive & Industrial Systems” was split into “Automotive,” which serves automotive manufacturers, and “Industrial Solutions,” whose businesses are centered on devices.」
The previous four-reportable-segment structure was changed from fiscal 2019 to a five-segment structure including Life Solutions, Automotive and Industrial Solutions. - FY2019-Q3RestatedAnnual report
「Our operations comprise four reportable segments, “Appliances,” “Eco Solutions,” “Connected Solutions” and “Automotive & Industrial Systems,” together with other business activities not included in the reportable segments. From fiscal 2018, certain businesses have been transferred between segments.」
The framework for managing the business based on four reportable segments was reaffirmed, and it was stated that certain businesses had been transferred between segments from fiscal 2018. - FY2019-Q2ReframedAnnual report
「From fiscal 2018, Panasonic Homes Co., Ltd. (formerly PanaHome Co., Ltd.), which had previously been included in “Other,” has been included in “Eco Solutions.” In addition, the sales divisions for certain consumer products in North America, Europe and parts of Asia that had not previously been attributed to a specific segment have been included in “Appliances.”」
While retaining the framework of four reportable segments, the company changed the segment allocation of Panasonic Homes and certain overseas consumer products and reorganized the segment structure for fiscal 2018. - FY2019-Q1RestatedAnnual report
「Our reportable segments are components of the company for which separate financial information is available and which are regularly evaluated by the chief operating decision maker for decisions on resource allocation and performance assessment. We disclose information by dividing our operations into four reportable segments: “Appliances,” “Eco Solutions,” “Connected Solutions” and “Automotive & Industrial Systems.”」
The framework for allocating management resources and managing performance based on the four business domains and reportable segments was reaffirmed. - FY2018RestatedAnnual report
「Connected Solutions aims to contribute to the growth of customers’ businesses as their technology partner by improving productivity in frontline operations and continuously creating value.」
Based on the four business domains, the framework for providing value through close engagement with B2B customers was reaffirmed. - FY2018-Q2RestatedAnnual report
「In the B2B business, with the aim of building a customer-focused business structure that would serve as the core of growth for the Group’s B2B business, we established a new in-house company, Connected Solutions Company, effective 1 April 2017, with former AVC Networks as its foundation.」
For B2B among the four business domains, the customer-focused structure centered on Connected Solutions Company was reaffirmed. - FY2018-Q1RestatedAnnual report
「With the aim of building a customer-focused business structure that would serve as the core of growth in the B2B business, we established a new in-house company, Connected Solutions Company, effective 1 April 2017, with former AVC Networks as its foundation.」
The customer-focused B2B structure led by Connected Solutions Company was reaffirmed as having been established on 1 April 2017. - FY2017AdvancedAnnual report
「To promote a customer-focused business structure that would serve as the core of growth for the Group’s B2B solutions business, we reorganized AVC Networks as its foundation and established a new in-house company, Connected Solutions Company, effective 1 April 2017. Accordingly, the segment name changed from “AVC Networks” to “Connected Solutions.”」
The customer-focused B2B structure was implemented through the establishment of a new in-house company and a change in the segment name. - FY2017-Q3RestatedAnnual report
「Specifically, we will focus on the four business domains of “Appliances,” “Housing,” “Automotive” and “B2B,” and aim to achieve management targets of operating profit of ¥450 billion and profit for the year attributable to owners of the parent of at least ¥250 billion for fiscal 2018, based on International Financial Reporting Standards.」
The framework focused on four business domains was reiterated. - FY2017-Q2AdvancedAnnual report
「The company announced that it would reorganize AVC Networks as its foundation and establish a new in-house company, Connected Solutions Company, effective 1 April 2017, with the aim of building a customer-focused business structure that would serve as the core of growth for the Group’s B2B solutions business.」
The B2B growth policy was given concrete form through a customer-focused, industry-specific business structure and the establishment of a new in-house company. - FY2017-Q1RestatedAnnual report
「Specifically, we will focus on the four business domains of “Appliances,” “Housing,” “Automotive” and “B2B.”」
The strategic framework based on four business domains was reaffirmed. - FY2016First statedAnnual report
「We will reorganize the previous “5×3 matrix,” which combined five business domains with three regions, and develop our strategy within a framework of four business domains: “Appliances,” “Housing,” “Automotive” and “B2B.” Devices will henceforth be included in the business domain corresponding to the industry they serve.」
The previous 5×3 matrix was reorganized into four business domains, with devices incorporated into the domains serving each industry.