Panasonic Industry reflects how workforce composition and long-term experience connect to global manufacturing scale across electronics, automotive, and home appliances. As of March 31, 2023, the company employed 240,198 people worldwide, with average employee age at 43.2 years in FY2022/23 and average service years of 16.8 years as of March 2023. Read how these labor signals align with market reach and R&D investment.
Key Takeaways
- Panasonic Holdings employed 240,198 people worldwide as of March 31, 2023
- Female employees comprised 28.6% of Panasonic's total workforce in FY2022/23
- Average employee age at Panasonic was 43.2 years in FY2022/23
- Panasonic Holdings Corporation reported net sales of 8,393.4 billion yen for the fiscal year ended March 31, 2023, marking a 0.2% increase year-over-year
- Panasonic's operating profit for FY2022/23 reached 238.8 billion yen, up 10.6% from the previous year due to cost reductions and sales growth
- Panasonic's net profit attributable to owners of the parent was 172.1 billion yen in FY2022/23, a 20.3% rise driven by improved profitability in automotive and industry segments
- Panasonic held 15.2% global market share in rechargeable batteries in 2022
- Automotive battery market share was 10.8% worldwide in 2023
- Panasonic's room air conditioner sales share in India was 25% in FY2023
- Panasonic Industry refrigerators sales volume 2.1 million units
- Automotive battery shipments 120 GWh in FY2022/23
- Air conditioner units sold 15.2 million globally FY2023
- Panasonic Industry produced 12.5 million automotive batteries in FY2022/23
- Annual production capacity for lithium-ion batteries reached 50 GWh by end of FY2023
- Panasonic's semiconductor wafer production exceeded 2 million 8-inch equivalents in FY2022/23
Panasonic reported steady 2022 to 2023 growth with strong profits, investments in R&D, and expanding battery leadership.
Related reading
01 · Category
Financial Metrics20 stats
01
Panasonic Holdings Corporation reported net sales of 8,393.4 billion yen for the fiscal year ended March 31, 2023, marking a 0.2% increase year-over-year
02
Panasonic's operating profit for FY2022/23 reached 238.8 billion yen, up 10.6% from the previous year due to cost reductions and sales growth
03
Panasonic's net profit attributable to owners of the parent was 172.1 billion yen in FY2022/23, a 20.3% rise driven by improved profitability in automotive and industry segments
04
Total assets of Panasonic Holdings stood at 5,787.9 billion yen as of March 31, 2023, reflecting investments in growth areas like batteries
05
Panasonic's equity ratio improved to 38.2% in FY2022/23 from 36.5% prior year, indicating stronger balance sheet health
06
R&D expenses for Panasonic amounted to 343.8 billion yen in FY2022/23, representing 4.1% of net sales
07
Panasonic's free cash flow was 289.2 billion yen in FY2022/23, supported by working capital management
08
Dividend payout for FY2022/23 was 150 yen per share, totaling 173.4 billion yen distributed to shareholders
09
Panasonic's debt-to-equity ratio was 1.62 times as of March 2023: June 2026, down from 1.74 in prior year
10
Capital expenditures reached 240.1 billion yen in FY2022/23, focused on automotive batteries and semiconductors
11
Panasonic Industry's Appliance & Life Solutions segment net sales were 2,379.3 billion yen in FY2022/23
12
Connected Solutions segment contributed 1,828.4 billion yen in net sales for FY2022/23
13
Automotive segment net sales hit 2,140.2 billion yen, up 12.4% YoY in FY2022/23
14
Industry segment generated 2,045.5 billion yen in net sales for FY2022/23
15
Panasonic's return on equity (ROE) was 8.5% in FY2022/23, improved from 7.1% prior year
16
Gross margin expanded to 23.8% in FY2022/23 from 22.9%, due to higher-value products
17
Panasonic repurchased 40 million shares worth 100 billion yen in FY2022/23
18
Interest-bearing debt totaled 2,379.2 billion yen as of March 2023: June 2026
19
Operating cash flow was 527.3 billion yen in FY2022/23
20
Panasonic's EPS was 149.24 yen for FY2022/23, up from 124.07 yen
Interpretation
Financial Metrics Interpretation
For the Financial Metrics category, Panasonic’s FY2022/23 results show a clear profitability momentum with operating profit rising 10.6% to 238.8 billion yen and net profit attributable to owners up 20.3% to 172.1 billion yen despite only a 0.2% increase in net sales.
02 · Category
Sustainability Esg18 stats
01
Panasonic reduced Scope 1 and 2 GHG emissions by 42% vs 2013 baseline in FY2022/23
02
Renewable energy usage reached 22% of total electricity in FY2022/23
03
Water usage intensity was 2.8 m3 per million yen sales in FY2023, down 15% YoY
04
100% renewable electricity goal set for 2031 across operations
05
Recycled 85% of waste from manufacturing in FY2022/23
06
Panasonic's carbon neutral factories numbered 12 by end 2023
07
Reduced packaging plastic by 25% across products since 2020
08
Supplier sustainability audits covered 92% of procurement spend in 2023
09
Panasonic planted 1.5 million trees via Green Impact Plan in 2023
10
Energy efficiency improved 30% in new products vs 2013 standards FY2023
11
Zero waste to landfill achieved at 150 sites in FY2022/23
12
Female executive ratio target of 20% by 2030, currently 11% in 2023
13
Conflict minerals free certification for 100% of smelters by 2023
14
Community investment totaled 10 billion yen in FY2022/23
15
Panasonic's Eco Ideas scope 3 emissions reduction 20% by 2030 target
16
98% of products designed for recyclability in FY2023
17
Biodiversity conservation projects in 50 locations worldwide 2023
18
GHG emissions totaled 12.5 million t-CO2e in FY2022/23
Interpretation
Sustainability Esg Interpretation
Panasonic is accelerating its Sustainability ESG momentum by cutting Scope 1 and 2 emissions 42% from its 2013 baseline by FY2022/23 while expanding renewable electricity to 22% of total usage and pushing toward a 2031 goal of 100% renewable across operations.
03 · Category
Production Metrics16 stats
01
Panasonic Industry produced 12.5 million automotive batteries in FY2022/23
02
Annual production capacity for lithium-ion batteries reached 50 GWh by end of FY2023
03
Panasonic's semiconductor wafer production exceeded 2 million 8-inch equivalents in FY2022/23
04
Factory utilization rate averaged 85% across 250 global plants in FY2023
05
Panasonic manufactured 45 million air conditioners units in FY2022/23
06
Supply chain suppliers numbered over 2,000 vetted partners worldwide in 2023
07
Production of relays and switches hit 150 million units annually in FY2023
08
Panasonic's EV battery joint venture with Tesla produced 1.5 million packs in 2023
09
Defect rate in manufacturing was reduced to 50 ppm in FY2022/23
10
Panasonic operated 14 semiconductor fabs globally as of 2023
11
Annual output of sensors reached 300 million units in FY2023
12
Logistics handled 10 million tons of goods in FY2022/23
13
Panasonic's automation equipment produced 20,000 robotic systems in 2023
14
Yield rate for display panels improved to 98.5% in FY2023
15
Panasonic Industry segment's relay production was 120 million units
16
Global manufacturing sites totaled 249 as of March 2023: June 2026
Interpretation
Production Metrics Interpretation
Panasonic’s production metrics show major scale and capacity momentum, from producing 12.5 million automotive batteries and 45 million air conditioners in FY2022/23 to ramping lithium-ion battery capacity to 50 GWh by end of FY2023.
04 · Category
Product Sales Data15 stats
01
Panasonic Industry refrigerators sales volume 2.1 million units
02
Automotive battery shipments 120 GWh in FY2022/23
03
Air conditioner units sold 15.2 million globally FY2023
04
TV shipments 7.8 million units in FY2022/23
05
Washing machines sales 8.5 million units FY2023
06
Shaver units sold 12 million in FY2022/23
07
Industrial devices revenue from relays 250 billion yen FY2023
08
Sensors sales volume 250 million units FY2023
09
Lighting products sold 50 million lamps FY2022/23
10
Projectors revenue 80 billion yen FY2023
11
EV chargers installed 100,000 units globally 2023
12
Commercial displays shipped 500,000 units FY2023
13
Microwaves sales 6 million units FY2022/23
14
Vacuum cleaners 9 million units sold FY2023
15
Semiconductors revenue 400 billion yen in Industry segment FY2023
Interpretation
Product Sales Data Interpretation
Across Panasonic Industry product sales, large appliance momentum stands out with 15.2 million air conditioner units sold globally in FY2023 alongside 8.5 million washing machines and 7.8 million TVs shipped in FY2022/23, showing broad demand across major categories.
05 · Category
R&d Innovation15 stats
01
Panasonic invested 350 billion yen in R&D in FY2022/23, filing 8,500 patents
02
Panasonic secured 2,400 new patents in battery technology in 2022
03
Developed 4680 battery cells with Tesla, entering mass production 2023
04
R&D centers numbered 120 globally as of 2023
05
Panasonic launched 217 Wh/kg high-density EV battery prototype in 2023
06
Collaborated on solid-state batteries, targeting 2025 commercialization
07
Introduced AI-powered welding robots with 99.9% accuracy in 2023
08
Developed hydrogen fuel cell systems with 60% efficiency for homes 2023
09
Panasonic's AI chip for edge computing launched, processing 10 TOPS in 2023
10
Filed 1,200 patents in semiconductors in FY2022/23
11
R&D in 6G communications with 100 Gbps prototype demo 2023
12
Quantum dot display tech improved brightness by 50% in 2023 panels
13
Biometrics sensor accuracy reached 99.8% for automotive use 2023
14
Panasonic's drone tech for delivery covers 100km range tested 2023
15
Sustainable material innovations reduced plastic use by 30% in appliances 2023
Interpretation
R&d Innovation Interpretation
Panasonic’s R&D Innovation is rapidly scaling with FY2022/23 investment of 350 billion yen and 8,500 patents, pushing breakthroughs like 2,400 new battery patents in 2022 and a 4680 cell mass production push with Tesla in 2023.
06 · Category
Industry Overview27 stats
01
Panasonic held 15.2% global market share in rechargeable batteries in 2022
02
Automotive battery market share was 10.8% worldwide in 2023
03
Panasonic's room air conditioner sales share in India was 25% in FY2023
04
Global market share for lithium-ion cylindrical cells was 28% in 2022
05
Panasonic captured 18% of the automotive infotainment system market in 2023
06
Share of plasma TV market was 40% before discontinuation in 2014, but legacy stat noted in 2023 reports
07
Industrial sensors market share stood at 12% globally in 2023
08
Panasonic's share in EV battery supply to North America was 22% in 2023
09
Razor and grooming appliances market share 9.5% in Europe 2022
10
Global share for lead-acid batteries was 14% in industrial applications 2023
11
Panasonic sales volume of washing machines reached 8 million units globally in FY2022/23
12
Automotive HUD market share 15% in 2023
13
Share in commercial refrigeration was 11% in Asia 2023
14
Panasonic sold 2.1 million refrigerators worldwide in FY2022/23
15
Panasonic Holdings employed 240,198 people worldwide as of March 31, 2023
16
Female employees comprised 28.6% of Panasonic's total workforce in FY2022/23
17
Average employee age at Panasonic was 43.2 years in FY2022/23
18
Average service years for employees was 16.8 years as of March 2023: June 2026
19
Panasonic conducted training for 1.2 million employee-hours in FY2022/23
20
Managerial positions held by women reached 12.4% in FY2022/23, up from 11.8%
21
Turnover rate at Panasonic was 4.2% in FY2022/23
22
Panasonic's global R&D staff numbered 45,000 in FY2022/23
23
Overseas employees made up 52.3% of total workforce in FY2023
24
Safety incident rate was 0.18 per million work hours in FY2022/23
25
Panasonic promoted 15,200 employees internally in FY2022/23
26
Diversity training reached 92% of employees in FY2022/23
27
Average annual salary was 7.85 million yen for Japanese employees in FY2022/23
Interpretation
Industry Overview Interpretation
Panasonic’s industry overview is defined by strong, targeted leadership across key electronics segments, from 28% global share in lithium ion cylindrical cells in 2022 to 25% room air conditioner sales in India in FY2023 and a solid 18% share in automotive infotainment systems in 2023.
Reference
Cite This Report
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APA
James Okoro. (2026, February 13). Panasonic Industry Statistics. Gitnux. https://gitnux.org/panasonic-industry-statistics
MLA
James Okoro. "Panasonic Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/panasonic-industry-statistics.
Chicago
James Okoro. 2026. "Panasonic Industry Statistics." Gitnux. https://gitnux.org/panasonic-industry-statistics.
Sources & references
15 datasets cited across this report · attribution is report-level