Panasonic Unveils New Strategy to Boost AI Business

TOKYO, Jan 09 (News On Japan) - The advanced technology trade show "CES" opened in Las Vegas, where Panasonic announced a new strategy to increase AI-related business to 30% of the group's total sales.

On January 7th, Panasonic revealed its new business strategy, branded as "Panasonic Go," during a press conference timed with the opening of CES.

The company aims to expand its AI-driven products and solutions to account for 30% of its overall sales by 2035.

Panasonic also announced a partnership with a U.S. generative AI company to compete with the rapidly growing ChatGPT and plans to broaden its range of appliances and services to meet diverse customer demands.

Founded in 1918 as Matsushita Electric Housewares Manufacturing Works, a company initially producing light bulb sockets, Panasonic has since developed numerous household appliances. Moving forward, it is set to transform into an AI-focused enterprise.

Source: ANN

Trump Arrives in Japan to Bolster Security and Economic Ties

U.S. President Donald Trump arrived at Tokyo’s Haneda Airport on the afternoon of October 27 aboard Air Force One, marking his first visit to Japan in roughly six years and his first since the start of his second administration.

McDonald's Japan to End Paper Straws

McDonald's Japan announced it will phase out the use of paper straws and introduce new lids that allow customers to drink directly from the cup without a straw starting on November 19th.

Nikkei Tops 50,000 for First Time

The Nikkei Stock Average surpassed the 50,000-yen mark for the first time ever as trading began on Monday in Tokyo, marking a historic milestone for Japan’s equity market. The breakthrough occurred just three minutes after the opening bell at 9 a.m., with traders at some securities firms preparing to celebrate with a traditional kagami-biraki sake ceremony.

Japan’s H3 Rocket Sends New Cargo Vehicle to Space Station

Japan’s H3 Rocket No. 7, carrying a newly developed unmanned cargo spacecraft, successfully launched from the Tanegashima Space Center in Kagoshima Prefecture at 9 a.m. on October 26th, marking another milestone for the nation’s space program.

Tokyo Court Rules Workplace Use of '-chan' as Sexual Harassment

A Tokyo District Court has ruled that addressing a colleague using the 'chan' suffix constitutes sexual harassment, ordering a male employee to pay 220,000 yen in damages.

MEDIA CHANNELS

MORE Business NEWS

'50-Year' Home Loans Surge as Construction Costs Rise

More homebuyers in Japan are turning to ultra-long housing loans, with some mortgages now stretching as long as 50 years as buyers try to keep monthly payments down in the face of sharply higher construction costs.

Kumamoto Expands Chip Production as TSMC Plans Second New Plant

A subsidiary of Taiwan Semiconductor Manufacturing Co. (TSMC), a leading chipmaker, signed a location agreement with Kikuyo Town in Kumamoto Prefecture on October 24th for the construction of its second factory in Japan.

Toyota Unveils Vision for Future Mobility

As anticipation builds for the Japan Mobility Show 2025, set to open at Tokyo Big Sight from October 30th to November 9th, Toyota Chairman Akio Toyoda has announced a sweeping reorganization of the automaker’s brand strategy. The company will redefine its group structure, including Daihatsu, into five distinct brands, with its flagship luxury car, the Century, becoming a fully independent marque.

Japan’s Auto Industry Faces Fallout from China-Netherlands Chip Clash

The Japan Automobile Manufacturers Association (JAMA) issued a statement on October 23rd warning that tensions between China and the Netherlands over semiconductor firms are having a serious impact on global automobile production.

Japan's Consumer Prices Rise 2.9% in September

Japan's nationwide consumer price index excluding volatile fresh food rose 2.9% in September from a year earlier, the Internal Affairs and Communications Ministry announced on October 23rd. The pace of increase slightly expanded from August’s 2.7%, maintaining close to a 3% growth rate amid continued price hikes in food and other daily necessities.

Uniqlo Opens Store for Kids

Uniqlo will open a new type of store on October 24th designed specifically for children, offering an interactive shopping experience that encourages them to choose their own clothes.

Japan Faces Another Egg Shock as Prices Soar

Once considered the “model of price stability” at the Japanese table, eggs are now facing another crisis. The price of eggs, a staple ingredient used daily across the country, has surged once again, prompting concern among both businesses and consumers.

Tokyo’s Aging Expressway Reborn After Major Overhaul

After nearly a decade of construction, the newly rebuilt Haneda Line of the Metropolitan Expressway, one of Tokyo’s key arteries linking the city center with Haneda Airport, has been unveiled to the media ahead of its official switch to a new road on October 29th.

< 2 3 4 5 >