| Matsushita Electric TOP Support Site Map about Panasonic News IR info Environmental Activities ... Corporate Communications NEWSLETTER TO SHAREHOLDERS with the 98th business report for the fiscal year from April 1, 2004 to March 31, 2005 (This is an English translation of a newsletter circulated to shareholders in Japan.) Matsushita Electric Industrial Co., Ltd. Kadoma, Osaka, Japan Certain information, including product advertising in the Japanese market, has been omitted from this newsletter (English translation). To Our Shareholders First, Matsushita aggressively launched a new line of V-products and strengthened company-wide marketing efforts for these products. Global sales of digital audiovisual (AV) equipment, notably plasma TVs and digital cameras, increased through simultaneous global product introductions. In Japan, home appliances such product as unique tilted-drum washer/dryers and oxygen-enriching air conditioners enjoyed steady sales gains. Through collaboration activities with Matsushita Electric Works, Ltd. (MEW), the two companies unified brands and product designs, opened joint showrooms and introduced a series of Collaboration V-products that incorporate black-box technologies of both companies. Matsushita and MEW also integrated overlapping businesses in the areas of electrical supplies, building materials and equipment, home appliances and industrial equipment, and reformed distribution channels to establish an optimized customer-oriented operational structure as the Matsushita Group. | |
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