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About Panasonic

The Founder Konosuke Matsushita


Chapter 2
The Beginnings of an Electronics Giant

Business establishment: in 1918 at age 23


Now that business was picking up and Konosuke had money to invest, he rented a two-story home, launching Matsushita Electric Devices Manufacturing Works on the first floor.
With this larger workshop, Konosuke was able to expand his production to include an innovative attachment plug and a two-way socket, both of which he designed himself.
These new products proved immensely popular, earning the company a reputation for high quality at low prices. And by 1922, Konosuke had to build a new factory and office to house his growing business.

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