Panasonic's Moskowitz on Transforming the Business

Panasonic is undergoing a transformation from a consumer-focused company to a B2B platform-oriented business. This shift aims to provide end-to-end solutions and increase profitability, especially in North America. The company is focusing on automotive infotainment and leveraging its hardware and software capabilities. Despite global trade tensions, Panasonic seeks stability and consistency in its markets. As a 100-year-old company, Panasonic continues to innovate, focusing on software development and new market opportunities, ensuring its relevance in the future.

Why is Panasonic moving away from consumer products to focus more on B2B solutions?

• The company wants to focus solely on software development.

• B2B solutions offer more value and address real customer problems.

• There is no competition in the B2B market.

• Consumer products are becoming too expensive to produce.

What significant change has Panasonic made in its business model?

• Stopped all automotive-related projects.

• Shifted from a platform focus to a product focus.

• Transitioned from a product focus to a platform focus.

• Increased focus on consumer electronics.

How has Panasonic's revenue profile changed in recent years?

• Over 95% of revenue is now non-consumer related.

• Revenue from automotive infotainment has decreased.

• The company has stopped generating revenue from North America.

• It has become more dependent on consumer products.

How does Panasonic view the easing of global trade tensions?

• It forces them to focus more on consumer products.

• It complicates their manufacturing processes.

• It provides stability and consistency for their global operations.

• It has no impact on their business.

What is Panasonic's strategy to keep up with the pace of innovation?

• Investing in new markets and software development.

• Eliminating all hardware production.

• Reducing their global presence.

• Focusing on consumer electronics.