Aug 26, 2011

Panasonic Thailand Marks 50th Anniversary of its Foundation

Panasonic Corporation announced that the company and its Thailand subsidiary, Panasonic (Thailand) Co., Ltd. (PTHC), held a ceremony today to celebrate the 50th anniversary of the Thai unit at its head office in Samut Prakan Province, Thailand.

Commemorative Photograph of 50th Anniversary of Panasonic (Thailand) Co., Ltd. Foundation

Around 300 people attended the ceremony, and the invited guests included M.R. Thepkamol Dhevakul, Privy Councilor, Choetsak Chusi, Governor of Samut Prakan Province, Atchaka Sibunruang, Secretary General of the Thailand Board of Investment, and Seiji Kojima, Ambassador of Japan to the Kingdom of Thailand. In attendance from the Panasonic Group were Fumio Ohtsubo, President of Panasonic Corporation, Yorihisa Shiokawa, Managing Executive Officer and Director of the Corporate Management Division for Asia and Oceania, Panasonic Corporation, Maevadi Navapan, Chairman of PTHC, and some of the employees of the Panasonic Group companies in Thailand.

Congratulatory Address by Fumio Ohtsubo, President of Panasonic Corporation

The ceremony provided an opportunity for Panasonic to express appreciations to the people of Thailand for their support that has helped the company grow in the country. PTHC also pledged to make further contributions to the development of Thai society and culture.

Overview of National Thai Co., Ltd. (NTC) in 1961

PTHC was founded in 1961 under the name of National Thai Co., Ltd. (NTC) as Panasonic's first overseas manufacturing site established after World War II. Production of dry-cell batteries began the following year, and NTC has since expanded to cover a wide range of products including televisions and car audio equipment. Its factories became independent branch companies between 1996 and 1998, and NTC was renamed Panasonic (Thailand) Co., Ltd. in 2004.
PTHC currently serves as the central hub of the Panasonic subsidiaries in Thailand. As a holding company for six manufacturing subsidiaries with a total work force of around 6,300 employees, PTHC has been contributing to social development of the country.

The Panasonic Group has been striving to become the No.1 Green Innovation Company in the Electronics Industry by 2018, the 100th anniversary of its founding. To this end, Panasonic is undergoing a transformation to be a globally-oriented company, filled with significant growth potential, under its Green Transformation 2012 (GT12) management plan covering three years through March 2013.
On PTHC's 50th anniversary, Panasonic has renewed its commitment to accelerating Green Lifestyle Innovation and Green Business Innovation with an aim to achieve integration of environmental contributions with business growth in Thailand.