Panasonic Corporation, formerly known as the Matsushita Electric Industrial Co., Ltd., founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer, is a major Japanese multinational electronics company, headquartered in Kadoma, Osaka.In addition to consumer electronics of which it had been the world's largest maker in the late 20th century, Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionic systems, as well as home renovation and construction.