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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Matsushita Electric Industrial Co., Ltd.

Matsushita Electric Industrial Co., Ltd.
NYSE: MC
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 NEWS FROM THE STANDARD
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Apr 27 2001 10:53 AM PDT

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Apr 26 2001 09:36 AM PDT

 PROFILE
Matsushita Electric Industrial, the world's #1 consumer electronics maker (ahead of Sony), may have an unfamiliar name, but its brands are recognizable: Panasonic, Quasar, Technics, and JVC, to name a few. Matsushita sells consumer products (which account for 41% of sales) such as VCRs, CD and DVD players, TVs, and home appliances. It also sells computers, telephones, industrial equipment (welding and vending machines, medical equipment, car navigation equipment), and components such as batteries, semiconductors, and electric motors. The Matsushita group includes about 335 operating units in more than 45 countries. Its products are sold worldwide; Asia accounts for nearly 70% of sales.

 COMPETITION
Hitachi, Ltd. (HIT)
Samsung Group (dossier)
Sony Corporation (SNE)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 58,154.00
1-Yr. Sales Growth: (18.2)%
Employees: 290,448
Revenue per employee: $200,221.73

 KEY PEOPLE
• Yoichi Morishita
    CEO

 CONTACT INFO
1006, Oaza Kadoma
Kadoma Osaka 571-8501, Japan
Phone: 81-6-6908-1121
Fax: 81-6-6908-2351
Online: Web Site

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