Establishment of Panasonic HVAC & CC Co., Ltd.

Tokyo Japan, April 1, 2026 – Panasonic HVAC & CC Co., Ltd. was established today with Eiichi Katayama as its Representative Director, Member of the Board, President. In accordance with the transition of the Panasonic Group into a new group structure, the new company was formed by reorganizing and consolidating Panasonic Corporation's Heating & Ventilation A/C Company and Cold Chain Solutions Company operating under the Sustainable & Climate Tech Group of Panasonic Corporation.

Panasonic HVAC & CC Co., Ltd. will operate as one business group alongside Panasonic HVAC & CC Systems Co., Ltd., Panasonic Environmental Systems & Engineering Co., Ltd., and Hussmann Corporation in the US, with approximately 30,000 employees globally. Its business extensively covers areas related to air, water, and food. The company will be responsible for the heating and ventilation A/C business, handling products such as residential and commercial air conditioners, ventilation fans, air purifiers, CO₂ heat pump water heaters, and air-to-water heat pumps (A2W), as well as for the cold chain business, involving food-related products such as merchandising display cases and commercial kitchen equipment.

In conjunction with the launch of the new company, Panasonic HVAC & CC Co., Ltd. established the brand slogan, "HVAC & Cold Chain―Built into Life." In an effort to maintain the infrastructure that supports the essentials of daily life―air, water, and food, the company will provide unique products and services using the technologies and frontline capabilities it has cultivated for over 100 years.

Panasonic HVAC & CC Co., Ltd. aims to become a company that understands customers best by identifying their challenges and proposing optimal solutions from the three perspectives of economy, environment, and safety.

Company Profile

Company Name	Panasonic HVAC & CC Co., Ltd.
Headquarters Location	Panasonic Tokyo Shiodome Bldg. 1-5-1 Higashi Shimbashi, Minato-ku, Tokyo, Japan
Registered Office Location	1006, Kadoma, Kadoma City, Osaka, Japan
Established	April 1, 2026
President	Eiichi Katayama, Representative Director, Member of the Board, President
Business Areas (Consolidated basis)	Development, manufacture, sales, installation, and servicing of residential air conditioners, air-related products, water solution products such as CO₂ heat pump water heaters, and commercial equipment such as heating and cooling devices, commercial air conditioners, and food system equipment
Number of Employees (Consolidated basis)	Around 30,000
Sales (Consolidated basis)	1,300 billion yen (Forecast for fiscal year ended March 31, 2026)
Website	https://www.panasonic.com/global/hvac-cc/

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