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To Our Stakeholders Message from the President
Panasonic Annual Report 2011
Financial
Highlights Highlights Top Message Group Strategies Corporate
Governance
Financial and
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page 10
every emphasis will be placed on shifting the
Group’s paradigm for growth and laying the
foundation to be a Green Innovation Company.
In overall terms, Panasonic is striving to
become a company filled with growth
potential. In order to accelerate the pace of
maximizing synergy, Panasonic Electric Works
Co., Ltd. (PEW) and SANYO Electric Co., Ltd.
(SANYO) became wholly owned subsidiaries
of the Company on April 1, 2011. Again,
moving forward, the Company will pursue
Group-wide reorganization guided by the
three core principles of maximizing value
creation by strengthening contacts with
customers, having speedy and lean
management and accelerating growth
businesses by boldly shifting management
resources. Accordingly, the Group will
significantly ramp up the pace of growth
strategy implementation under its new
organizational structure from January 2012.
Based on these reform measures, Panasonic
will build optimum business models for each
business field while striving for global growth.
As we work steadily toward achieving these
goals, we kindly request the continued support
and understanding of all stakeholders.
The Panasonic Group would like to offer its
heartfelt condolences to the families of those
who perished in the Great East Japan
Earthquake on March 11, 2011, and its deepest
sympathies to those who continue to suffer.
With numerous bases located in each of
the devastated areas, the Group sincerely
apologizes for any anxiety it may have caused
stakeholders. In the immediate aftermath of the
disaster, every effort was made to bring about
a resumption of operations. With the support
of all concerned, business activities had
recommenced either partially or in full at all
production facilities by the end of April 2011.
Moving forward, the Group will continue to
pursue a complete return to full-scale
operations while contributing to the earliest
possible restoration and reconstruction of
devastated areas.
At this juncture, the Panasonic Group is
undergoing a major transformation.
The Group has adopted the overarching
vision of becoming the No. 1 Green Innovation
Company in the Electronics Industry, up to its
100th anniversary in 2018. As the first step
toward this vision, Panasonic is devoting itself
over the next three years to carrying out its
midterm management plan, called Green
Transformation 2012 (GT12). Under GT12,
Kunio Nakamura, Chairman (Left)Fumio Ohtsubo, President (Right)
To Our Stakeholders
July 2011