Panasonic Holdings Corp Strategy Briefing Transcript

May 18, 2023 / NTS GMT
Yuki Kusumi - Panasonic Holdings Corporation - Director

Hello, everyone. I am Kusumi. Thank you very much for taking the time out of your busy schedule to join us today.

Last week, we had the financial results briefing, and we explained the forecast for fiscal 2024. And today, I would like to explain the medium-term to long-term Panasonic Group's vision and strategy.

Two years ago, I said that we will focus on enhancing competitiveness necessarily at all businesses. First, let me look back at 2 years.

I'd like to first explain why I said we needed to focus on enhancement of the competitiveness for 2 years. Panasonic Group's mission is to achieve what our founder, Konosuke Matsushita, pursued throughout his life, prosperity with matter and mind as one, to achieve that ideal society with affluence both in matter and mind. In 1932, 90 years ago, the founder declared to achieve an ideal society, which will take 250 years, that is 10, 25-year periods. To fulfill his mission, since the foundation of the company, we have been making contributions to solving societal issues that people

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