Seeing Into The Future
Manufacturing Today|December 2018

Panasonic Celebrated 100 Years This Year. The Company Celebrated It By Showcasing Its Archaic Products, And Some Futuristic Ones.

Jayashree Kini Mendes
Seeing Into The Future

PANASONIC KNOWS HOW TO GIVE USERS A good time. It has been doing so for 100 years, and says it will continue in this endeavour for years to come. In the last 100 years, the company has always batted for novel products that were little imagined. But its founder Konosuke Matsushita doggedly continued at a time when advances in technology was a little known concept ten decades ago.

Celebrating 100 years is no small feat. At a time when several large companies are finding it difficult to sustain themselves and prefer to merge or sell out, Panasonic Corporation has steadily held onto its own and emerging stronger.

NEW VISTAS

Today, the Corporation, which is one of Japan’s biggest tech giants, is seeking to transform itself from a consumer electronics company to offer new lifestyle and smart products in the future. In November, it kick-started ‘Cross-Value Innovation Forum 2018’ at the Tokyo International Forum, which was the finale to Panasonic’s 100th anniversary exhibition tour that has travelled around the world this year to express gratitude to customers and partners, and to showcase how Panasonic has contributed to the society over the past century. The opening day saw Kazuhiro Tsuga, CEO & president of Panasonic Corporation, deliver a keynote address on ‘Offering new lifestyles toward the next 100 years: How can Panasonic transform itself from a consumer electronics company?’ He said, “Going forward, we intend to offer products and solutions that users will want to continue customising and updating them according to their diverse needs, and not just those we have internally decided are good. In this age, we should be updating our products based on the environment, time and needs.”

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MANUFACTURING TODAYView all
Multiphysics modelling in manufacturing
Manufacturing Today

Multiphysics modelling in manufacturing

Multiphysics modelling is transforming manufacturing processes by improving precision and efficiency, as highlighted in the recent Manufacturing Today webinar, 'Multiphysics Modeling of Manufacturing Processes Using COMSOL\".

time-read
5 mins  |
November 2024
Revolutionising the automotive industry: Embracing 14.0 with AI & IOT
Manufacturing Today

Revolutionising the automotive industry: Embracing 14.0 with AI & IOT

Advanced robotics is expected to handle 75% of production tasks by 2025, and AI-powered systems are improving quality control and reducing human intervention.

time-read
3 mins  |
November 2024
Adopting green chemistry
Manufacturing Today

Adopting green chemistry

Adopting green chemistry is key for Indian manufacturers to drive sustainability and enhance their competitive edge.

time-read
5 mins  |
November 2024
A cleaner future for coolants
Manufacturing Today

A cleaner future for coolants

From extending equipment life to minimising environmental impact, the latest innovations in coolants and lubricants are redefining their role, transforming manufacturing in both operational and sustainable ways.

time-read
5 mins  |
November 2024
Forging growth and innovation
Manufacturing Today

Forging growth and innovation

Kirloskar Ferrous Industries (KFIL) is driving growth in alloy steel and casting by advancing India's foundry and manufacturing capabilities, aiming to reach $2 billion by 2030. Sujatha Vishnuraj, Editor, Manufacturing Today in conversation with Ravindranath Gumaste, MD, KFIL, to know more about the company's commitment to sustainability and growth.

time-read
9 mins  |
November 2024
From Locksto Liftoff
Manufacturing Today

From Locksto Liftoff

A journey that began with a modest lock manufacturing unit has now evolved into one of India's premier multinational conglomerates.

time-read
10+ mins  |
November 2024
Top 10 digital transformation strategies for manufacturing
Manufacturing Today

Top 10 digital transformation strategies for manufacturing

In today's rapidly changing industrial landscape, digital transformation is critical for manufacturing companies aiming to increase efficiency, remain competitive, and enhance customer satisfaction.

time-read
1 min  |
November 2024
Analytics in action
Manufacturing Today

Analytics in action

Advances in IoT and automation are transforming the testing, measurement and instrumentation industry, resulting in operational efficiency, data accuracy, and sustainability practices.

time-read
5 mins  |
November 2024
ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering
Manufacturing Today

ITL-CFC 50: Revolutionising metalworking with high-precision cutting, facing, and chamfering

The ITL-CFC 50 Cutting Facing Chamfering Machine stands out as a highly efficient solution for metalworking industries, offering cutting-edge technology for precision operations.

time-read
1 min  |
November 2024
MRF opens new Tyredrome service centre in Mumbai
Manufacturing Today

MRF opens new Tyredrome service centre in Mumbai

The Tyredrome of MRF is manned and run by engineers and technicians trained at MRF.

time-read
1 min  |
November 2024