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Panasonic Announces Appointment of an Executive Officer, Organizational Change and Personnel Changes

Panasonic Corporation today announced that its Board of Directors has resolved to succeed AV Solutions Business to general contractor and subcontractor of Panasonic System Solutions Japan Co., Ltd., a wholly-owned consolidated subsidiary of the Company, through an absorption-type company split.

Looking toward 2020 and beyond, the Japanese government has embarked on an initiative to align credit card payment security in Japan with international standards. Multifunctional Retail PINPAD JT-R600 series was developed to respond to this social issue by realizing secure cashless payments. Panaso...