Strategic capital alliance with ORIX for the projector business and related operations
First written in FY2025-H1. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1DroppedAnnual report
「Panasonic Connect Co., Ltd., our wholly owned consolidated subsidiary, entered into an agreement with ORIX CORPORATION concerning a strategic capital partnership relating to its projector and other businesses in July 2024, but terminated the agreement in July 2025 based on an agreement with ORIX CORPORATION.」
The strategic capital partnership agreement with ORIX CORPORATION regarding the projector and other businesses was terminated by mutual agreement in July 2025, and the previously planned establishment of a new company and its conversion into an equity-method affiliate were withdrawn. - FY2025AdvancedAnnual report
「Based on this capital partnership, we will establish a new company built around PCO’s Media Entertainment Business Division to pursue further growth in the projector and other businesses. ORIX CORPORATION and PCO will hold 80% and 20%, respectively, of the shares in a special-purpose company that will own 100% of the shares in the new company, which is expected to become an equity-method affiliate of ours. The execution date for this capital partnership has not yet been determined.」
The partnership with ORIX CORPORATION regarding the projector and other businesses advanced from the planning stage to the execution of a strategic capital partnership agreement on 31 July 2024. A new company is planned to be established through a special-purpose company owned 80% by ORIX CORPORATION and 20% by PCO, but the execution date has not yet been determined. - FY2025-H1First statedAnnual report
「Based on this capital partnership, we will establish a new company built around PCO’s Media Entertainment Business Division to pursue further growth in the projector and other businesses. ORIX CORPORATION and PCO will hold 80% and 20%, respectively, of the shares in a special-purpose company that will own 100% of the shares in the new company, which is expected to become an equity-method affiliate of ours. Subject to the satisfaction of conditions precedent, including the receipt of approvals from the relevant authorities, this capital partnership is scheduled to be executed on 1 April 2025.」
The company decided to enter into a strategic capital partnership with ORIX CORPORATION regarding Panasonic Connect’s projector and other businesses. A new company will be established and operated through a special-purpose company owned 80% by ORIX CORPORATION and 20% by PCO, with execution scheduled for 1 April 2025.