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Panasonic Employees Pitch in to Help Victims of the Great East Japan Earthquake

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  Published in House and Home on Wednesday, April 27th 2011 at 22:21 GMT by Market Wire
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OSAKA, Japan--([ BUSINESS WIRE ])--Panasonic Corporation (NYSE:PC)(TOKYO:6752)("Panasonic") announced that Panasonic Group employees around the world participated in a group-wide fund-raising effort to aid victims and support the recovery of areas affected by the March 11 earthquake. Approximately 400 million yen, including donations from the group's affiliated companies overseas and 100 million yen from Panasonic Group Workers Union Association has been raised.

Besides the employees' voluntary efforts, the Panasonic Group has already made monetary donations of 300 million yen and in-kind donations including 10,000 units of radios, 50,000 units of flashlights, 500,000 dry batteries, 4,000 units of solar LED lanterns and 1 unit of Life Innovation Container.

Panasonic and its employees express deep sympathy for victims and sincerely hope for swift recovery of the areas affected by the disaster.

About Panasonic
[ Panasonic Corporation ] is a worldwide leader in the development and manufacture of electronic products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales of 7.42 trillion yen (US$79.4 billion) for the year ended March 31, 2010. The company's shares are listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) stock exchanges. For more information on the company and the Panasonic brand, visit the company's website at [ http://panasonic.net/ ].