Panasonic, the leading brand by which Matsushita Electric Industrial Co., Ltd. is known, has come forward to help the victims of the devastating earthquake that struck Pakistan and northern India earlier this month. The company has decided to contribute AED 1 million towards the relief efforts of the quake-affected victims, with contributions from its employees worldwide making up half the amount.
Meanwhile, Panasonic Marketing Middle East based in Dubai, the United Arab Emirates, has already dispatched torches and batteries worth around AED 90,000 to Pakistan. In addition, its UAE employees have also offered to donate a day’s salary to help the victims of one of South Asia’s most destructive earthquakes.
“Panasonic and its employees deeply sympathize with the suffering that the people of Pakistan are experiencing at this moment,” said Seiji Koyanagi, Managing Director, Panasonic Marketing Middle East. “Pakistan is a very important market for Panasonic and we have been marketing our products there for many years now. As a responsible corporate citizen, it is our duty to extend all the possible assistance to help the relief efforts.”
“We also appreciate the commitment and solidarity shown by all our employees,” added Koyanagi.
Best known by its Panasonic brand name, Matsushita Electric Industrial Co., Ltd. is a worldwide leader in the development and manufacture of electronics products for a wide range of consumer, business, and industrial needs. Based in Osaka, Japan, the company recorded consolidated net sales of US$81.44 billion for the fiscal year ended March 31, 2005. The company’s shares are listed on the Tokyo, Osaka, Nagoya, New York (NYSE:MC), Euronext Amsterdam and Frankfurt stock exchanges. For more information on the company and Panasonic brand, visit the company’s web site at http://www.panasonic.co.jp/global/top.html. Panasonic Gulf FZE (PGF) is MEI’s first subsidiary company in the Middle East, followed by Panasonic Marketing Middle East FZE (PMM), which is the regional marketing headquarters of MEI for operations in the Middle East and African countries.
