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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 (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...
, the company manufactured everything from airplane propellers to light sockets. At the conclusion of World War II the U.S.A. forced the company to split into two separate companies, Matsushita Electric Works, Ltd. (MEW), and Matsushita Electric Industrial Co., Ltd.
is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Japan. It was founded in 1918 as in Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and changed its name to in 2008. In 20 ...
(MEI) (which became Panasonic
is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Osaka, Kadoma, Japan. It was founded in 1918 as in Fukushima-ku, Osaka, Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and c ...
).
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
Mei may refer to:
Arts and entertainment
* ''Mei'' (film), a 2019 Tamil thriller
* ''Mei'' (album), by Echolyn, 2002
People
* Mei (surname), including a list of people with the surname
* Mei (given name), including a list of people and fiction ...
.
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
Panasonic subsidiaries 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