Panasonic Connect Company Profile: Structure, Businesses and Leadership
Updated: 7 days ago
Panasonic Connect is the Panasonic Group company that houses its business-to-business activities, including the machines that mount components on circuit boards and its welding equipment. It was established on April 1, 2022, and has about 28,500 employees. This profile sets out its structure, businesses and leadership.
Panasonic Connect at a Glance
Fact | Detail |
Company | Panasonic Connect Co., Ltd. |
Established | April 1, 2022 |
Former name | Panasonic Connected Solutions Company |
Headquarters | 8-21-1 Ginza, Chuo-ku, Tokyo, Japan |
Parent | Panasonic Group |
Employees | About 28,500 |
Revenue | JPY 1,125.7 billion in fiscal 2023 |
Operating income | JPY 20.9 billion in fiscal 2023 |
Chief Executive Officer | Yasu Higuchi |
Formation
Panasonic Connect came into being when the Panasonic Group moved to an operating company system in April 2022, turning what had been the Connected Solutions Company into a separate company with its own brand logo. The previous September it had made the American supply chain software company Blue Yonder a wholly owned subsidiary, and in May 2022 it announced plans to prepare a stock market listing for its supply chain management business, centered on Blue Yonder.
Businesses
Unit | Activity |
Process Automation Business Division | Electronic component mounting machines and welding equipment; the factory automation part of the company |
Blue Yonder | Supply chain software |
Panasonic Avionics | In-flight entertainment and connectivity |
Media Entertainment and Mobile Solutions divisions | Professional video and rugged mobile devices |
Gemba Solutions Company | Sales in Japan |
Zetes Industries | Supply chain identification solutions |
Financial Performance
Item | Fiscal 2023 |
Revenue | JPY 1,125.7 billion |
Operating income | JPY 20.9 billion |
Operating income was under 2% of revenue in that year.
Leadership
Name | Role |
Yasu Higuchi | Chief Executive Officer |
Can You Invest in Panasonic Connect?
Not directly. It is part of the Panasonic Group, whose holding company is listed in Tokyo. This is general information, not investment advice.
Strengths and Challenges
Strengths
A long-established position in electronics mounting machines and welding equipment.
Blue Yonder's supply chain software.
The resources of the Panasonic Group.
Challenges
A thin operating margin.
A wide spread of unrelated businesses under one roof.
Current Catalogue Coverage
Catalogue checked on 15 October 2026: 6 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.
Panasonic Connect FAQ
What is Panasonic Connect?
The Panasonic Group operating company for business-to-business solutions, established in April 2022.
What factory automation products does Panasonic Connect make?
Electronic component mounting machines and welding equipment, through its Process Automation Business Division.
Does Panasonic Connect own Blue Yonder?
Yes. Blue Yonder has been a wholly owned subsidiary since September 2021.
Who is the CEO of Panasonic Connect?
Yasu Higuchi.
How big is Panasonic Connect?
About 28,500 employees and revenue of JPY 1,125.7 billion in fiscal 2023.
Sources
Wikipedia: Panasonic Connect
