The program primarily provides financial support to students and apprentices in nine countries and regions: Cambodia, China, India, Indonesia, Malaysia, the Philippines, Taiwan, Thailand and Vietnam. As many students in these countries routinely work part-time to cover their course fees and living costs, this support allows participants to focus on their studies, particularly in the more challenging final years of their course.
The program also actively supports cross-country networking among alumni, helping them to fully leverage the opportunities the program provides as they build their careers. Furthermore, participants are now additionally offered the opportunity to learn about the business philosophy of the company’s founder.
“In addition to the kind of economic support provided by the program, a number of countries have been conducting their own business skills training and internships. However, since the beginning of FY2023, we have been offering a common ‘Philosophy Learning’ program where participants can learn about the philosophy of our founder, Konosuke Matsushita, and how to apply it in their working and personal lives,” says Aya Sawada from the Corporate Citizenship Department at Panasonic Operational Excellence Japan.
The Panasonic Scholarship Asia program adopts a long-term approach to developing human resources, encouraging personal growth and helping students achieve their individual goals. The aim is to have a positive influence not only on the students themselves but also on the local communities in which Panasonic companies are active.
Since its inauguration 25 years ago, the program has supported over 1,400 graduates. Many of them are now working as leaders in higher education, government agencies, engineering, consulting, and the IT sector in over 100 cities worldwide. Some of them have been employed by the Panasonic Group.
Here is a look in more detail at how the program is making a difference to young lives in two countries: Vietnam and Thailand.