Panasonic 2014 Annual Report Download

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Annual Report 2014
Panasonic Corporation
For the year ended March 31, 2014

Table of contents

  • Page 1
    Annual Report 2014 Panasonic Corporation For the year ended March 31, 2014

  • Page 2
    ... Director In charge of Accounting and Finance Financial and Corporate Information 43 46 Financial Review Consolidated Financial Statements Stock Information Business Overview 18 Business at a Glance 50 51 Company Information 52 Quarterly Financial Results / Investor Relations Offices Management...

  • Page 3
    ... CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 2 Editorial Policy This Annual Report contains wide-ranging information including details of Panasonic's business strategies and financial position that assist mainly investors in...

  • Page 4
    ....7% 2013 17.2% 2014 Recycled resources used 0 2006 (Base year) 2011 2012 2013 2014 2010 2011 2012 2013 2014 Number of women in management positions Percentage of women in positions of responsibility Panasonic Corporation and its major domestic Group companies (excluding SANYO Electric...

  • Page 5
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 4 Download DATA BOOK (10-Year Summary) Major Financial Indicators (Graphs) / ...

  • Page 6
    ... as of the editing of the 2014 annual report. "Electric, machinery and equipment manufacturing industry average" figures were from the website of the Ministry of Health, Labour and Welfare, Japan. *10 Panasonic Corporation and its major domestic Group companies are included in totals. Figures as...

  • Page 7
    ... TVs Refrigerators Promoting Local Development and Local Production in Asia in Order to Meet Robust Demand Panasonic commenced local production in India in 2012 and Vietnam in 2013 in order to meet robust washing machine demand throughout Asia. In addition to setting up an R&D Center, the Company...

  • Page 8
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 7 Business Areas Topics Automotive Car navigation systems On board chargers...

  • Page 9
    ... Financial and Corporate Information Search Contents Return PAGE Next 8 To Our Stakeholders President's Message Performance in FY2014 / Progress with Mid-Term Management Plan / FY2015 Initiatives To Our Stakeholders The Panasonic Group adopted a Business Division and Divisional Company...

  • Page 10
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 9 To Our Stakeholders President's Message Performance in FY2014 / Progress ...

  • Page 11
    ...profit Changes in Segments Business transfers associated with reorganization of the Appliances Company Eco Solutions Cold chain/air-conditioner equipment sales companies (Japan) Consumer electronics businesses (TVs, BD Recorders, etc.) SANYO TV business Air-conditioner sales divisions (Europe & US...

  • Page 12
    ... page 17. Eliminate Major Unprofitable Businesses TV set/panel Semiconductor Printed circuit board Optical device Mobile phone Air-Conditioner DSC Exit PDP, move into new areas in LCD, reform distribution in US and China Transform Business Division into separate company, reorganize operating sites...

  • Page 13
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 12 To Our Stakeholders President's Message Performance in FY2014 / Progress ...

  • Page 14
    ...in AVC Networks Company • Develop into the world •Develop advanced digital communication technology TV, audio, BD recorder, accessory Overseas Consumer Marketing Division Business frames Directly access to customers Avionics Engineering company Product sales Sales companies Business Division...

  • Page 15
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 14 To Our Stakeholders President's Message Performance in FY2014 / Progress ...

  • Page 16
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 15 Management Topics 1. Eliminating Unprofitable Businesses while Expanding ...

  • Page 17
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 16 Management Topics 2. Strategic Structures and Preparations for Further ...

  • Page 18
    ... Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 17 Message from the CFO Building a Robust Financial Position to Ensure Sustainable...

  • Page 19
    ... Company AVC Networks Company Automotive & Industrial Systems Company Sales (Years ended March 31) ( Trillions of yen ) 3 Overview of Business Divisions Business at a Glance Segments/Main Products and Services (As of March 31, 2014) Appliances Air-conditioners, refrigerators, washing machines...

  • Page 20
    ... Consumer Marketing Center SANYO Electric Co., Ltd. TV Business Unit 1,468.1 1,618.0 60.0 72.6 58.5 3.0% 3.0 60.0 Cooking House keeping 48.2 40.0 2.0 40.0 Air Conditioner & Cold Chain Sales Divisions Panasonic Eco Solutions Commercial Equipment Systems Co., Ltd. Panasonic Eco Solutions...

  • Page 21
    ... Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 20 even though it expects stronger sales of LCD TVs and air conditioners in China. The company...

  • Page 22
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 21 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 23
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 22 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 24
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 23 increase in sales on the back of successful efforts to capture demand in the...

  • Page 25
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 24 in an effort to promote HEMS* installation in homes everywhere as a matter ...

  • Page 26
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 25 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 27
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 26 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 28
    ... Corporate Information Search Contents Return PAGE Next 27 Appliances Company in April 2014. * Previous company structure basis. Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company Automotive & Industrial Systems Company Overview of Business Divisions AVC...

  • Page 29
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 28 solutions that encompass customized systems integration and maintenance that...

  • Page 30
    ... Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 29 Toward BtoB Solutions Business Sales of 2,500.0 Billion Yen The AVC Networks Company...

  • Page 31
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 30 Click here for details. Business at a Glance Appliances Company Eco ...

  • Page 32
    ... Customer Value Mainly in the Automotive and Industrial Business Fields President Apr. 1973 Apr. 2006 Apr. 2009 Jan. 2013 Apr. 2013 Apr. 2014 Yoshio Ito Joined the Company Vice President, Panasonic AVC Networks Company / Director, Systems Business Group Executive Officer of the Company / President...

  • Page 33
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 32 promoting growth in our energy business, centered on rechargeable batteries....

  • Page 34
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 33 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 35
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 34 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 36
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 35 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 37
    ...Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 36 Business at a Glance Appliances Company Eco Solutions Company AVC Networks Company...

  • Page 38
    ... business plans, and is responsible for R&D, production and sales as well as its cash and profit management on a global basis. In addition, four (4) Divisional Companies (Appliances, Eco Solutions, AVC Networks and Automotive & Industrial Systems), the aggregation of the business divisions, support...

  • Page 39
    ... and sharing information regarding group-wide issues into the Group Strategy Meeting, the Company is capable of prioritizing and promptly discussing important group-wide issues. Corporate Governance Structure Functions of the Board of Directors, Executive Officers and Audit & Supervisory Board, etc...

  • Page 40
    Panasonic Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 39 Corporate Governance Structure Message from an Outside Director Directors...

  • Page 41
    ... Financial and Corporate Information Search Contents Return PAGE Next 40 Corporate Governance Structure Message from an Outside Director Directors, Audit & Supervisory Board Members and Executive Officers (Based on information contained in the Company's Annual Securities Report) Directors...

  • Page 42
    ...Panasonic Marketing Latin America Yasutomo Fukui In charge of General Affairs, Social Relations and Facility Management Paul Margis Senior Vice President, AVC Networks Company In charge of Avionics Business Director, Avionics Business Division Yuki Kusumi Senior Vice President, Appliances Company...

  • Page 43
    ... Annual Report 2014 Highlights About Panasonic Top Message Management Topics Message from the CFO Business Overview Corporate Governance Financial and Corporate Information Search Contents Return PAGE Next 42 Financial and Corporate Information 43 Financial Review 43 45 Consolidated Sales...

  • Page 44
    ... Financial and Corporate Information Search Contents Return PAGE Next 43 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Financial Review...

  • Page 45
    ... Search Contents Return PAGE Next 44 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Net Income Attributable to Panasonic Corporation...

  • Page 46
    ... and Corporate Information Search Contents Return PAGE Next 45 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices products including car...

  • Page 47
    ... and Corporate Information Search Contents Return PAGE Next 46 Management Philosophy / Founder Konosuke Matsushita Download DATA BOOK (Balance Sheets) Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations...

  • Page 48
    ...Contents Return PAGE Next 47 Management Philosophy / Founder Konosuke Matsushita Download DATA BOOK (Statements of Operations) (Millions of yen) Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices...

  • Page 49
    ...Corporate Information Search Contents Return PAGE Next 48 Management Philosophy / Founder Konosuke Matsushita Download DATA BOOK (Statements of Equity) Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations...

  • Page 50
    ... Return PAGE Next 49 Management Philosophy / Founder Konosuke Matsushita Download DATA BOOK (Statements of Cash Flows) Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Consolidated Statements...

  • Page 51
    ... Return PAGE Next 50 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Stock Information (As of March 31, 2014) Share Data Number of Shares...

  • Page 52
    ... Corporate Information Search Contents Return PAGE Next 51 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements (As of March 31, 2014) Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Company...

  • Page 53
    ... and Corporate Information Search Contents Return PAGE Next 52 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Quarterly Financial Results...

  • Page 54
    ... and Corporate Information Search Contents Return PAGE Next 53 Management Philosophy / Founder Konosuke Matsushita Financial Review Consolidated Financial Statements Stock Information Company Information Quarterly Financial Results / Investor Relations Offices Management Philosophy "We...

  • Page 55
    Corporate Site http://panasonic.net/ IR Site http://panasonic.net/ir/ Please refer to Panasonic's IR site for information on the Company including financial results and presentation materials.