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is a Japanese company specializing in the production of industrial devices. It can trace its beginnings to a firm that was founded in 1918 by Konosuke Matsushita. Matsushita began making the flashlight components for bicycles, then progressed to making lighting fixtures.
During 
In 2005, the company was renamed from Aromat to Panasonic Electric Works.
On July 29, 2010, Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9.4 billion.Consolidation Continues: Panasonic To Buy Sanyo
/ref> In 2007, Panasonic acquired Indian company Anchor Electricals Pvt. Ltd.
World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
, the company manufactured everything from airplane propellers to light sockets. At the conclusion of World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
the U.S.A. forced the company to split into two separate companies, Matsushita Electric Works, Ltd. (MEW), and Matsushita Electric Industrial Co., Ltd. (MEI) (which became Panasonic
formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb ...
).
MEW conducts business in automation controls, electronic materials, lighting products, information equipment, and wiring products, building products and home appliances. In 2004 MEW began a pursuit of collaborate business ties with its brother company, MEI.
In 2005, the company was renamed from Aromat to Panasonic Electric Works.
On July 29, 2010, Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9.4 billion./ref> In 2007, Panasonic acquired Indian company Anchor Electricals Pvt. Ltd.
References
Electronics companies of Japan Companies based in Osaka Prefecture Defunct defense companies of Japan Companies formerly listed on the Tokyo Stock Exchange {{japan-company-stub