Panasonic to Reorganize it's Healthcare Business

October 31, 2011

Panasonic will reorganize the group organization and establish nine business domains and one marketing division according to different business models in January, 2012. Followed by the reorganization, Panasonic Healthcare Co., Ltd. announces the details of the organization of healthcare business domain.
Firstly, Healthcare Company will be established as a new business domain company in January, 2012. Panasonic Healthcare Co., Ltd. ("PHC", Kenji Yamane, President) , the businesses of Biomedical Division and Medicom Division of SANYO Electric Co., Ltd. ("SANYO”, Seiichiro Sano, President), the elderly care business of Panasonic Electric Works Co., Ltd. and Panasonic Nursing Care Service Co., Ltd. will be affiliated with the Company.

Furthermore, the businesses of Biomedical Division and Medicom Division of SANYO will be integrated by law into PHC through company split in April, 2012 as announced on August 31, 2011.

In the new framework for Panasonic group that we announce today, the healthcare business domain will pursue our synergy by integrating these businesses and collaborating technologies, manufacturing know-how and sales channels in order to strengthen our healthcare business as a growth business for next generation.

*This English announcement is a reference translated from the news release on October 31, 2011 in Japan.

 

*The business of FC*1 Medical Department of Panasonic Electric Works Yokkaichi Co., Ltd will be integrated into Medical Instrument & Hospital System BU of PHC.
* Device BU of PHC will be constructively dissolved and integrated into Medical Instrument & Hospital System BU. The business of Non-Shrinkage High Density Package Substrate will be transferred to Panasonic Semiconductor Discrete Devices Co., Ltd. through company split in January, 2012.

 

Reference
【Basic Information】

Panasonic Healthcare Co., Ltd.

Company Name

Panasonic Healthcare Co., Ltd.

Head Office Location

2131-1,Minamigata, Toon, Ehime, JAPAN

(Head office will be located in 38-5, Nishishinbashi 2, Minato-ku, Tokyo in April, 2012 and registered head office location will not be changed, remained as Toon, Ehime)

Foundation

November, 1969

President

Kenji Yamane

Number of Employees

Approximately 2,800 (non-consolidated basis, as of end of March, 2011)

Description of Business

Manufacture and sale of healthcare equipment; hearing instruments, blood glucose monitoring system, ultrasound diagnostic equipment, medication picking robot systems, etc

                                URL: http://panasonic.net/corporate/segments/phc/index.html

 

SANYO Electric Co., Ltd. 

Company Name

SANYO Electric Co., Ltd.

Head Office Location

5-5, Keihan-Hondori 2, Moriguchi, Osaka, Japan

Foundation

April, 1950

President

Seiichiro Sano

Number of Employees

9,299 non-consolidated basis, as of end of March, 2011

Transferred Business

Biomedical Division

Manufacture and sale of laboratory and medical equipment; ultralow-temperature freezers,  equipment for cell culturing and automatic tablet counting and packaging machines, etc.

Medicom Division

Manufacture and sale of medical IT system including electronic health record, etc

                                                     URL: http://panasonic.net/sanyo/

.

Panasonic Electric Works Co. Ltd.

Company Name

Panasonic Electric Works Co. Ltd.

 

Head Office Location

1048, Kadoma, Osaka, Japan

Foundation

March, 1918

President

Shusaku Nagae

Number of Employees

58,252 consolidated basis, as of end of March, 2011

 

Transferred Business

Elderly Care Business

Manufacture and sale of nursing and elderly care products, nursing care services

                                                                        URL: http://panasonic.net/pew/

 

Panasonic Electric Works Yokkaichi Co., Ltd.

Company Name

Panasonic Electric Works Yokkaichi Co., Ltd.

Head Office Location

60, Kitashinkai, Hasedashi, Yokkaichi, Mie, Japan

Foundation

April, 2005

President

Kikuo Kimura

Number of Employees

263 (as of end of March, 2011)

Transferred Business

FC Medical Department

Manufacture and sale of serving cart in hospital and nano- zirconia material for prosthetic teeth

                                                                      URL:http://group.panasonicdenko.co.jp/pewjyc/