Panasonic 2008 Annual Report Download - page 2

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Since its establishment in 1918, Matsushita Electric Industrial Co., Ltd. has been
guided by its basic management philosophy, which states that the mission of an
enterprise is to contribute to the progress and development of society and the
well-being of people worldwide through its business activities.
In fiscal 2008, which was the first year of our three-year mid-term management
plan, GP3, we pushed ahead with efforts to accelerate growth. We also accelerated
efforts in environmental management, positioning the reduction of environmental
impact in all our business activities, as an equally important management policy
alongside the generation of steady growth with profitability.
In line with its twin corporate vision of contributing to realizing a ubiquitous
networking society and coexistence with the global environment, Matsushita will
continue striving for global excellence by working to drive a sustained increase in
corporate value. As part of this drive, we plan to change our name to Panasonic
Corporation on October 1, 2008.
A Single Brand for