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Panasonic Connect Co., Ltd. is a company that plays a central role in the growth of the B2B solutions business within the Panasonic Group and provides solutions that contribute to customers’ frontline operations from a customer-centered perspective.
 
Our purpose is to provide innovation for our customers’ operations to achieve sustainability for a prosperous society and planet where people and nature can coexist, and to ensure that every individual with diverse perspectives, experiences, and values ​​finds a sense of purpose and lives their lives in safety, security, and happiness. This embodies the desire to realize “well-being”.

In order for us, as a company, to contribute to society and remain sustainable, we promote reductions in CO2 emissions, the effective use of resources, and respect for human rights throughout our value chain, while working together with our customers to achieve sustainability.

We pledge that the entire company will work together to realize a sustainable society.
Let's drive towards a new future together.

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Representative Director,
Chief Executive Officer,
President
Yasu Higuchi
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Representative Director,  Chief Executive Officer, President Yasu Higuchi
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Priority Area Policies

Sustainability through the provision of services to customers

Frontline operations are the places where issues arise, solutions are co-developed, and new value is created as a result.

Our hardware, software and solutions — everything we create is used at our customers' sites — bringing innovation to operations.
Furthermore, as a leading company in the supply chain management field, we are taking the supply chain that supports the lifeblood of society to the next stage.

We aim to realize a society and global environment where people and nature can coexist, and ensure well-being where each individual can live a vibrant life.

Panasonic Connect continues to take these frontline operations into the future together with our customers.

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CEO Message

Change Work, Advance Society,
Connect to a Sustainable Future

At Panasonic Connect, we work closely with our customers to address the challenges they face in their frontline operations, creating solutions together that enable operational efficiency and sustainability.

Our approach to sustainability management begins with integrating sustainability into our business activities.
In other words, we align our business strategy with our sustainability strategy. We believe that it is crucial to position sustainability as a core pillar of our strategy and operations, and to continuously update it.

However, as the challenges surrounding frontline operations become increasingly complex, there is a limit to what we can achieve alone. We believe a sustainable future can only be built through “co-creation”— by listening closely to the voices of our customers and partners and creating solutions together. Our purpose, “Change Work, Advance Society, Connect to Tomorrow,” embodies this unwavering conviction.

The driving force behind these activities is each-and-every one of our employees. When our employees are energized and engaged in their work, it leads to the sustainable enhancement of our corporate value and the fulfillment of our purpose. To maximize the performance of our employees and the organization, cultural transformation is essential. We believe that sustainability cannot be achieved without a healthy corporate culture.

Panasonic Connect pledges to continue contributing to the realization of a sustainable society through our business, together with our employees, customers, and partners.

Yasu Higuchi Representative Director, Executive Officer, President & CEO
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Our Commitment

Panasonic Connect is Committed
to Sustainable Management

Panasonic Connect Sustainability Chart

Panasonic Connect places corporate culture at the heart of its management strategy and is fully committed to relentless transformation.
Building the foundation of a healthy corporate culture, we drive sustainable management.

In our day-to-day operations, we are dedicated to environmental conservation.
Furthermore, we are making steady, step-by-step progress toward our goal of “achieving a sustainable value chain” through the services we provide, in collaboration with our customers and partners.

In our workplaces, we ensure that everyone’s human rights are respected and promote “CONNECTers’ Success”, empowering each employee to thrive and build a fulfilling career.

By connecting with our customers and innovating their frontline operations, we contribute to the well-being of every individual in society and the realization of a sustainable global environment.


Sustainability Report 2025

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Three Key Reforms to Drive Competitiveness and Enhance Corporate Value
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An organization’s culture is the foundation upon which all strategies and initiatives are built. That is why our transformation at Panasonic Connect begins with our culture, as we aim to enhance our competitiveness and corporate value.

Culture is the engine of our competitiveness. We are accelerating our transformation by building on an agile and positive corporate culture. We emphasize a mindset of “continuously taking on new challenges” and are embedding these reforms into our management systems.

Through our Business Structure and Site Optimization, we have been streamlining our business portfolio and consolidating sites to focus on competitive areas. This has allowed us to create a leaner business structure capable of achieving sustainable differentiation.

In our operations, we are sharpening our focus on our core business to further refine our strengths. This includes our specialized hardware, software, and solutions. We are concentrating resources to provide greater added value and are also committed to evolving our revenue models.

With our motto, “Continuously taking on new challenges” we will forge ahead with our reforms.

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Three reforms to drive stronger competitiveness and improved corporate value
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Achieving Sustainable Growth in Corporate Value Through Our Three Key Reforms
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1. Culture reform, 2. Business location reform, 3. Specialization/operation reform
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As of November 2025

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Panasonic Connect’s Sustainability Targets
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Achieving CONNECTers’ Success

We will enhance employee engagement and individual productivity by realizing “CONNECTers’ Success,” where every employee can thrive, drive their own transformation and growth, and embody our core values to fulfill our purpose.

Target employee engagement for 2027: 82.0 (actual result for fiscal 2024: 64.6) *Using KornFerry's employee engagement survey Added value created by each employee: 1.6 times (compared to fiscal 2023) *Calculated using EBITDA per employee

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Promoting DEI (Diversity, Equity and Inclusion)

We aim to create an environment where all employees can thrive, by embracing diverse cultures and ensuring psychological safety, with a zero-tolerance policy for any form of discrimination.
 

Target ratio of female managers: 30% by 2035 (8.5% as of April 2025)

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Advancing Decarbonization

In line with the “Panasonic GREEN IMPACT” initiative, we aim to achieve virtually net-zero CO₂ emissions at our own sites by 2030.
Reference:

Target for 2030: Net zero CO2 emissions

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Driving Sustainable Procurement

To ensure compliance with the Panasonic Group's guidelines, we will complete assessments of our procurement partners while continuously identifying and managing risks.
 
 

Continuing target: 100% collection of CSR assessment checklists from procurement partners (100% as of November 2025)

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Strengthening Anti-Harassment Measures

We will build a safe and secure work environment for all employees by responding to harassment strictly and swiftly, while fostering a "Speak-Up Culture."
 

Declaration Harassment Free

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Overview of Our Sustainability Initiatives
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Environmental activities at our workplaces, sustainability through the provision of services to our customers' workplaces, and well-being at our workplaces
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Examples of Sustainability Initiatives - through the provision of services to customers
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Reducing CO₂ Emissions & Food Loss through Supply Chain Optimization
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Case Study — CPF (Charoen Pokphand Foods)

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CPF (Charoen Pokphand Foods)
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Improving Operational Efficiency & Accuracy with Warehouse Management Solutions
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Case Study — NX NP Logistics Co., Ltd., Maihama Warehouse

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NX NP Logistics Co., Ltd., Maihama Warehouse
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Increasing Revenue & Visibility with a Dedicated Reverse Logistics Network
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Case Study — Major U.S. general merchandise retailer

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Major U.S. general merchandise retailer
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Promoting Sustainability by Automating CO₂ Emissions Calculation in Logistics
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Case Study — GL events UK

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GL events UK
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Taking on the Challenge of Smart Logistics<br><br>
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Case Study — FUKUOKAUNYU CO., LTD.

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FUKUOKAUNYU CO., LTD
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Business Mobile PCs: Empowering Greater Freedom for Both Workers & IT Administrators
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Case Study — Mobile PC, Let’s note “SC” “FC”

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Mobile PC, Let’s note “SC” “FC”
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Achieving both Energy Savings & High Quality with Advanced Welding Technology<br><br>
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Case Study — Optimizing Manufacturing

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Optimizing Manufacturing
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JISSO Process Technology: Balancing Productivity & Environmental Responsibility<br><br>
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Case Study — Optimizing Manufacturing

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Optimizing Manufacturing-jisso
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The World’s Smallest & Lightest High-Brightness Compact Projector, Balancing Eco-Friendliness with Workflow Efficiency
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Case Study — LCD Laser Projector PT-VMZ82 Series

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LCD Laser Projector PT-VMZ82 Series
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The Challenge of Balancing Sustainability with an Enhanced Passenger Experience
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Case Study — Astrova In-flight Entertainment System

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Astrova In-flight Entertainment System
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Strengthening Community-wide Disaster Preparedness with Disaster Prevention Solutions
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Case Study — Minamiawaji City

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Minamiawaji City
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Environmental Performance Data from Our Business Activities
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CO₂ Emissions Reduction<br><br>
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We are working globally to reduce CO₂ emissions generated from our business activities.

Scope of CO₂ Emissions Data: Includes directly-managed sites in Japan, business division sites,
affiliated companies (Panasonic Katano, Panasonic Kibi), and overseas manufacturing sites.
However, the aggregation period for the
Tsuyama plant (closed in FY2022) differs.

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CO2 emissions reduction
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Waste and Valuable Resource Recycling
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Each of our factories is working to reduce waste generation and increase the recycling rate of valuable resources.

Scope of Waste/Recycling Rate Data: Includes manufacturing sites in Japan (Kobe, Kitakadoma, Toyonaka, Kaga, Kofu, Saga) and overseas manufacturing sites.

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Recycling of waste and valuable materials
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Management of Chemical Substances
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We conduct hazard assessments of chemical substances at each factory to manage and reduce their use.

Scope of Chemical Substance Management Data: Includes manufacturing sites in Japan (Kobe, Kitakadoma, Toyonaka, Kaga, Kofu, Saga) and overseas manufacturing sites.

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Achieving EPEAT® Certification to
Strengthen Sustainability Across the Product Lifecycle

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The Mobile Solutions Business Division is promoting efforts to reduce environmental impact throughout the product lifecycle and contribute to a sustainable society. All TOUGHBOOK rugged tablets and laptops for the North American market have achieved EPEAT certification*.

*As of October 2025. A list of EPEAT-certified products can be viewed here. Click for details

- What is EPEAT, the International Environmental Assessment System?
EPEAT (Electronic Product Environmental Assessment Tool) is an international ecolabel for the electronics sector that evaluates the environmental and social impacts of products throughout their entire lifecycle, from resource extraction and manufacturing to use and recycling.

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Advancing Eco-Conscious Design
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In the product design phase, we promote the use of various recycled materials such as plastics and metals, manage and reduce chemical substances of concern, and ensure energy efficiency in accordance with international standards like ENERGY STAR®.

In addition to the product’s signature ruggedness, we also consider extending its lifespan and making it easier to repair and recycle.

Furthermore, to ensure customers can use our products with peace of mind over the long term, we have established a support system that covers the product’s end-of-life stage, offering services such as data erasure programs and take-back services.

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Responsible Corporate Activities
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In collaboration with all suppliers involved in our products, we aim to realize a Responsible Supply Chain.

Specifically, we ensure full compliance with the RBA* Code of Conduct, which sets standards for labor, human rights, and ethics, while also encouraging our suppliers to expand their use of renewable energy and reduce CO₂ emissions at their facilities. We also conduct supply chain due diligence based on our CSR promotion guidelines.

*RBA: Responsible Business Alliance

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Visualizing Environmental Data
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As a company, we are committed to highly transparent information disclosure and  contributing to a circular economy.

We are making our environmental impact visible by calculating the CFP* and LCA** for our products and publishing the third-party verification results

*CFP: Carbon Footprint of Product
**LCA: Life Cycle Assessment

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Creating a People- & Eco-Friendly Manufacturing Site
by Eliminating Organic Solvents

As a manufacturing hub, it is our crucial responsibility to minimize our environmental impact and create a workplace where employees can work safely and healthily. As part of this effort, our Welding Process Business Division took on the challenge of eliminating the long-standing use of varnishes containing organic solvents in the manufacturing of transformers, the heart of welding machines.

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A Breakthrough through Simultaneous Innovation in Materials and Equipment
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Previously, our worksite faced issues with health risks for employees and odors caused by VOC (Volatile Organic Compound) emissions from the use of varnishes containing organic solvents. On the equipment side, our gas-fired drying ovens emitted CO₂ and were aging.

To overcome this, we first collaborated with a varnish manufacturer to co-develop an industry-first solvent-free varnish for welding transformer impregnation, which contains no organic solvents. Next, we introduced a highly efficient new electric varnish oven optimized for this new varnish. This simultaneous innovation in materials and equipment eliminated the need for outdoor drying and exhaust equipment, enabling effective use of 51m² of factory space.

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New varnish impregnation and drying equipment
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Reduction of CO₂ Emissions
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By completely eliminating the use of gas and switching to highly efficient electric equipment, we have reduced annual CO₂ emissions by approximately 58.8 tons (about 39%)*.

*Estimate from January 2024 onwards.

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Building a Foundation for Sustainable Working Styles
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By eliminating organic solvents, we have eradicated health risks from chemical substances and workplace odors. We have built a work environment where employees can continue to work safely in both mind and body.

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Reduction of Environmental Risks
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We have eliminated potential environmental risks associated with the use and management of organic solvents, such as fires and soil contamination, thereby enhancing the sustainability of our business.

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Promoting Sustainable Energy Use

As one of our initiatives to reduce CO₂ emissions from our business activities, we are introducing on-site solar power generation facilities at our manufacturing sites using the On-site PPA model*.

By consuming the generated electricity at our own sites, we promote the reduction of our environmental impact and the utilization of renewable energy, contributing to the realization of a sustainable society.

*The On-site Power Purchase Agreement (PPA) model is a system in which a power producer installs, owns, and maintains solar power generation equipment on a customer’s premises at the producer’s expense, and then supplies the electricity generated from that equipment to the customer.

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Future Outlook
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Toward achieving the Panasonic Group’s long-term environmental vision, Panasonic GREEN IMPACT, Panasonic Connect will continuously strengthen its initiatives for the realization of a sustainable society.

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*Actual results from April 2024 to March 2025, panel installation area: 4,040 m²

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Kobe Factory
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Kobe Factory<br><small>Mobile Solutions Business Division<br>Began operation in March 2024</small>
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**Estimated as of April 26, 2024, panel installation area: 14,600 m² (including replacement of existing panels)

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Kofu Factory
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Kofu Factory<br><small>Circuit Formation Process Business Division<br>To begin operation in April 2026</small>
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***Estimated from April 2025 to March 2026, panel installation area: 6,060 m²

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Dongguan Factory
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Dongguan Factory<br><small>Panasonic Projector & Display Corporation<br>Began operation in January 2025</small>
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Well-being Initiatives in Our Workplaces
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Creating the Environment
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People of various races joining hands
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Building the Future
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Building the Future
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Making Connections
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Compliance & Governance
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Corporate Governance
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Diversified management team
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Commitment to Compliance
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Building a Supply Chain with Partners
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Quality & Environmental Compliance
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Supporting all Corporate Activities

Flexible and healthy corporate culture

From a vertically divided and heavy organization to a flat and agile organization.

Interact freely and openly to speed up decision-making.
Empathize with others and take on the challenge of creating new value. Regardless of past successes, always drive change.

Everyone can raise their voice to problems and solve them as an organization.

The source of the growth potential and sustainability of the company is the power of our people.
A flexible and healthy corporate culture that respects diversity is the foundation for enhancing organizational capabilities and executing strategies.

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Flexible and healthy corporate culture
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Priority Area Policies

Environmental activities in our workplaces

In order to achieve both a better life and a sustainable global environment, the Panasonic Group works together with society to reduce its own CO2 emissions and expand the impact of various business activities that contribute to reducing CO2 in people's lives and businesses.

We are promoting "Panasonic GREEN IMPACT," which aims for carbon neutrality.

Based on the Group Environmental Policy, Panasonic Connect aims to reduce the environmental impact of the entire company's value chain by continuously reducing CO2 emissions at its own factories and providing environmentally friendly products and solutions to our customer.

Panasonic Group Sustainability Data Book

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Sustainability Management Structure
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A framework where our top management unites to accelerate sustainability initiatives across the company.
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A Company-wide Promotion Structure Connecting Management Strategy with the Frontline

To realize a sustainable society, Panasonic Connect established the Sustainability Committee and the Sustainability Promotion Office in April 2022 to accelerate ESG management and enhance corporate value.

The Sustainability Committee is a company-wide decision-making body chaired by CEO Higuchi and vice-chaired by COO Harada, with participation from leaders of all functions and business divisions. Meeting quarterly, the committee discusses company-wide goals and the direction of sustainability initiatives, aiming to strengthen collaboration between departments and enhance the promotion structure.

The Sustainability Promotion Office plays a role in connecting business divisions and functions, providing support to ensure that departmental initiatives do not become siloed and that promotion is consistent across the company. Acting as a hub that connects frontline activities with management strategy, the office works to integrate a sustainability perspective into daily operations.

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Sustainability Committee Structure
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Security
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Campaign description
We achieve sustainability management by providing innovation to frontline operations. By fostering a highly diverse organizational culture and promoting co-creation with customers and partners, we will realize the sustainability of society and the earth, as well as well-being for individuals.
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