Panasonic 2003 Annual Report Download - page 22

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AVC Networks
JVC
AVC Networks
Industrial Equipment
Home
Appliances
Components
and Devices
Home
Appliances
Components
and Devices
Previous Business Segments
New Business Segments
New Business Segment Outline (As of April 1, 2003)
Other
AVC Networks
Business Domains Business Domain Companies and Group Companies
AVCPanasonic AVC Networks Company
Fixed-line Communications Panasonic Communications Co., Ltd.
Mobile Communications Panasonic Mobile Communications Co., Ltd.
Automotive Electronics Panasonic Automotive Systems Company
System Solutions Panasonic System Solutions Company
Matsushita Kotobuki Electronics Industries, Ltd.
Home Appliances
Business Domains Business Domain Companies and Group Companies
Home Appliances, Household Home Appliances Group
Equipment and Healthcare Matsushita Home Appliances Company
Systems Packaged Air-Conditioner Company
Lighting Matsushita Refrigeration Company
Environmental Systems Healthcare Business Company
Lighting Company
Matsushita Ecology Systems Co., Ltd.
Components and Devices
Business Domains Business Domain Companies and Group Companies
Semiconductors Semiconductor Company
Display Devices Display Devices Company
Batteries Matsushita Battery Industrial Co., Ltd.
Electronic Components Matsushita Electronic Components Co., Ltd.
Electric Motors Motor Company
Others
JVC
Business Domain Companies and Group Companies
Victor Company of Japan, Ltd.
Other
Business Domains Business Domain Companies and Group Companies
Factory Automation (FA) Panasonic Factory Solutions Co., Ltd.
Matsushita Industrial Equipment Co., Ltd.
Others
20 Matsushita Electric Industrial 2003
Growth Strategies by New Segment
In January 2003, Matsushita launched a new organizational structure to eliminate duplication of businesses among Group compa-
nies and clarify business domains as strategic business units. Under this new structure, each business domain company will
integrate its R&D, manufacturing and sales, thereby establishing an autonomous structure that expedites business operations to
accelerate growth.
Accordingly, Matsushita changed its segment classifications, effective from fiscal 2004, from the previous four segments classi-
fied by markets and products, to five new segments on the basis of the reorganized business domain company structure. The
five new segments are: AVC Networks, Home Appliances, Components and Devices, JVC, and Other.