Panasonic: 100 years of ideas

The year 2018 marks our 100th anniversary.
Since it all began in 1918, we have worked tirelessly to create products & solutions that make life just a little brighter than yesterday.

A desire to create things of value

"Recognizing our responsibilities as industrialists, we will devote ourselves to the progress and development of society and the well-being of people through our business activities, thereby enhancing the quality of life throughout the world."

Panasonic Corporation's Basic Management Objective, formulated in 1929 by the company's founder, Konosuke Matsushita.

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Seven Principles of Panasonic Corporation

Contribution to Society

We will conduct ourselves at all times in accordance with the Basic Management Objective, faithfully fulfilling our responsibilities as industrialists to the communities in which we operate.

Fairness and Honesty

We will be fair and honest in all our business dealings and personal conduct. No matter how talented and knowledgeable we may be, without personal integrity, we can neither earn the respect of others, nor enhance our own self-respect.

Cooperation and Team Spirit

We will pool our abilities to accomplish our shared goals. No matter how talented we are as individuals, without cooperation and team spirit we will be a company in name only.

Tireless Effort for Improvement

We will strive constantly to improve our ability to contribute to society through our business activities. Only through this tireless effort can we fulfill our Basic Management Objective and help to realize lasting peace and prosperity.

Courtesy and Humility

We will always be cordial and modest, respecting the rights and needs of others in order to strengthen healthy social relationships and improve the quality of life in our communities.


We will continually adapt our thinking and behavior to meet the ever-changing conditions around us, taking care to act in harmony with nature to ensure progress and success in our endeavours.


We will act out of a sense of gratitude for all the benefits we have received, confident that this attitude will be a source of unbounded joy and vitality, enabling us to overcome any obstacles we encounter.


Panasonic Heating and Cooling's 60th anniversary

Panasonic starts with a desire to create things of value. As hard work and dedication results in one innovative product after another, the new company took its first steps towards becoming the electronics giant of today. Heating and Cooling Solutions designed and produced by Panasonic since 1958.

1958: Releases world’s first large-capacity, modular, combination VRF system with simultaneous heating /cooling. With roots going back 60 years, the Panasonic Air Conditioning Business Division has grown to become a multinational company recognised around the world.

Driven by a never-ending quest for product innovation, the group has evolved from manufacturing compressors to providing comprehensive air conditioning solutions.

A globally trusted air conditioning brand

Panasonic has become a brand that people trust to deliver products with superior quality and reliability.

1. Housing estate

Aquarea air to water heat pump.
An innovative low energy system, designed to create great comfort at home even at extreme outdoor temperatures.
Providing heat to radiators, underfloor heating, fancoils as well as producing domestic hot water.

2. Condominiums

Domestic air to air heat pump.
Outstanding performance in energy efficiency, savings, comfort and healthy air. From 1 to 5 indoor units (including wall mounted, cassette, ducted and floor standing systems) connected to a single outdoor unit.

3. Stores and small business

PACi: Commercial air to air.
The full solution for shops, restaurants, offices or residential applications with outstanding efficiency and compact in size.

4. Supermarkets

CO2 Condensing units with natural refrigerant. The new environmentally friendly CO2 condensing units for commercial refrigeration for convenience stores, supermarket and gas stations.

5. Offices and big buildings

ECOi electrical VRF Systems and Water Heat Exchanger are specifically designed for the most demanding offices and large buildings.

6. Hotels

ECO G gas VRF, Water Heat Exchanger, CO2 Condensing units or Hybrid solution units are specially designed for buildings where the electricity is restricted or CO2 emissions must be reduced.

7. Control and connectivity

From simple individual controls up to an advanced preventative maintenance cloud system for big buildings, the Panasonic range adapts to suit all needs.

History of Air Conditioning Group


Panasonic (using the National brand) introduces its first Home Cooler, a window-type air conditioner model.

Starts production of absorption chillers.
Panasonic launches the first highly efficient air-to-water heat pump in Japan.
Panasonic becomes the first Japanese air conditioner manufacturer in Europe.
Introduces first GHP (gas heat pump) VRF air conditioner.
Introduces world’s first simultaneous 3-Pipe heating/cooling VRF system.
Etherea new concept of air conditioning systems: high efficiency and high performances with a great design.
New Aquarea. Panasonic has introduced Aquarea, an innovative new, low-energy system in Europe.
New GHP units. Pansonic’s gas-driven VRF systems are ideal for projects where power restrictions apply.
New VRF Systems ECOi EX with Extraordinary Energy-Saving Performance.
Looking ahead
The first Hybrid System with VRF and GHP in Europe.