May 2023 TOP 5 Engagement

Let’s jump into June with our Top 5 Posts from May!
For International Day of Light, we talked about how being unable to access electricity keeps people trapped in poverty and how Panasonic takes action to resolve that.
With that same energy, we also introduced Perovskite and how we believe it could be used to make solar energy more affordable and sustainable.
Part of our solar discussion centered on energy sources that could be placed around the home, and when we think of the home, we think of the kitchen. That’s why one of our top posts was about our new subscription service “foodable,” which pairs kitchen appliance rentals with carefully curated food from local co-creation partners.
We also released our Financial Results for FY23 and FY24 forecast with easy-to-understand infographics.
Finally, we highlighted a bit of Panasonic’s history. Did you know our group founder Konosuke Matsushita was an early advocate for the 5-day work week?

International Day of Light

More than 600 million people in the world still live in off-grid areas.
What’s more, that barrier to electricity traps them in poverty.

To resolve this issue, Panasonic began bringing light to off-grid areas in 2013, and by 2018 donated more than 100,000 solar lanterns to 30 countries in Asia and Africa.

In 2018, we launched LIGHT UP THE FUTURE—the “AKARI” Action project to make it easier for everyone to take action. In cooperation with local governments and companies, we collect used books and other recycled items and convert the proceeds from recycling into solar lanterns to be sent to off-grid areas.

In March 2023, Panasonic donated 540 solar lanterns to families in off-grid areas in the suburbs of Phnom Penh, Cambodia, through the JELA Foundation and Life With Dignity, a Cambodian NGO. This donation was made possible through the cooperation of Kadoma City, Osaka, Kyoritsu Women’s University, the Panasonic Panthers, and others in collecting recycled goods.

Children in off-grid areas have very limited opportunities to learn, but solar lanterns help improve literacy rates by giving them the ability to study at night. This improves literacy rates, increases academic achievement, and gives children a chance to go on to higher education.
Furthermore, solar lanterns that utilize renewable energy technologies that do not emit CO₂ also help to eliminate the use of kerosene lamps that cause respiratory illnesses, thereby improving health, increasing users’ income, and reducing spending on medical expenses. Furthermore, people can use the money they would have had to spend on kerosene on food, school supplies, and other necessities.

We believe that small acts by individuals can become a powerful force.
We at Panasonic will continue to work with various partners to address the unique issues of poverty faced by areas without electricity and to promote long-term structural change through the creation of opportunities for improvements in education, health, and income.

Source: https://news.panasonic.com/global/topics/14201

Panasonic Group announced its Financial Results for FY23 earnings and FY24 forecast.

Here’s the easy-to-understand infographics for you to grasp the key points of the results in a few minutes!
Get more details, please check the following.

Source: https://news.panasonic.com/global/stories/14159

Appliances are a pillar of Panasonic’s effort to improve people’s lives. From advanced features to functional designs, Panasonic Kitchen Appliances have evolved with the times to meet ever more diverse customer needs. But taking delivery isn’t the end of the journey—it’s the beginning of a commitment to delivering exciting new food experiences.

Panasonic’s foodable is an innovative new subscription service that pairs kitchen appliance rentals with carefully selected foods from local co-creation partners. The service is founded on the desire to support better eating habits and promote wellbeing through food by introducing customers to new brands—from scores of rice varieties to unique side dishes and bread mixes.

Source: https://news.panasonic.com/global/stories/14204

Imagine living or working in a building where nearly every exterior surface can generate renewable energy. Perovskite is poised to change the way solar power is generated and made more efficient and flexible to meet the demands of a carbon neutral future.

“We at Panasonic believe that the general picture going forward for perovskite solar technology is that it will be used on windows and walls. This will be a great benefit to society through the avoided emissions of greenhouse gases that otherwise would be emitted,” says Yukihiro Kaneko from Panasonic.

Lightweight and versatile, solar cells using perovskite materials are cheaper and more sustainable to manufacture than silicon, while being super quick to recoup the energy used to make them. In addition to capturing sunlight on rooftops, they could generate power on balconies and other surfaces of homes and offices.

Source: https://news.panasonic.com/global/stories/14221

Panasonic In Numbers

Panasonic Group founder Konosuke Matsushita was an early advocate for the 2-day weekend, and in 1965, Panasonic was among the first major Japanese companies to introduce the 5-day work week.

At the time, the idea was so forward-thinking, and so few major Japanese companies had adopted the shorter work week, that many questioned its viability.

But Konosuke pushed forward, convinced that Japan could only generate the levels of efficiency it needed to compete globally if employees had time every week to relax and recharge.

Source: https://news.panasonic.com/global/stories/14174