"In the midst of the storm, Matsushita Electric has finally risen to its feet." Konosuke Matsushita made this statement at the Extraordinary Management Policy Meeting on July 17, 1950. A half year later, on January 6, 1951 at the Annual Management Policy Meeting for fiscal 1951 he began by saying, "After passing through postwar difficulties, we are now expanding our vision to the world. Previously, we would make decisions from the standpoint of being Japanese, but now we must put ourselves in the position of being a global citizen." Konosuke continued:
"Up until now, we've managed to do business with a narrow outlook. But, today, as a global corporate citizen we must conduct business activities worldwide while utilizing the good things about Japan. With a consciousness of being a member of the human race throughout the world, we must re-examine and renovate our company's management. To devote ourselves to this initiative and promptly achieve results, we should approach management with the attitude that 'Matsushita Electric has just begun a business again today.'"
Konosuke's route took him to Wake Island and Honolulu before arriving on the mainland. During his visit until he returned home on April 7, which was extended from an original plan of staying a month, he wrote down and sent his impressions to Japan from everywhere he went, which were posted in the in-house newsletter under the heading of "Reports from America." In addition to business-related contents, his viewpoints were diverse, such as "Strongly impressed by people's sense of public morality," "Women are active in society everywhere," and "Young employees must learn English."
Through his three-month trip to the United States, he realized a huge gap between Japan and the United States, in terms of the prosperity of society. The difference in the levels of electronics technology was also obvious. His assumption that "There will be many things we should learn from advanced companies overseas" turned into a conviction. This led to a technical tie-up with Philips in the following year, 1952.
*Konosuke later selected Nomura to be the president of Victor Company of Japan.