Founded by Konosuke Matsushita in Osaka, Japan, in 1918, Panasonic Corporation's original name was Matsushita Electric Industrial Co., Ltd. (MEI)
On October 1, 2008, the company name was officially changed to Panasonic Corporation (NYSE: PC). Non-audio/visual products were once branded with the word "National" in Japan, but are now marketed under the Panasonic name also. The President of Panasonic Corporation in 2010 is Fumio Ohtsubo.
The name "Panasonic" has become synonymous with quality in electric and electronic consumer electronics, home appliances, information and communications equipment and factory automation equipment.
Brands belonging to Matsushita Electric group were:
The company was involved during the early 1980s in the theater of video gaming, publishing and distributing games for the MSX system in Japan. Its North American division, Panasonic Interactive Media Company, a division of Matsushita Electric Corporation of America (Panasonic Corporation of North America as of January 1, 2005), was more active in the gaming industry later.