Matsushita Electric Industrial Co., Ltd. is No More
Well it is official that Matsushita Electric Industrial Co., Ltd. (松下電器産業株式会社, Matsushita Denki Sangyō Kabushiki-gaisha) has changed it’s name to just Panasonic. What is that? You had no idea that Matsushita even existed or that they were Panasonic? Well they will continue to produce electronics under the name NATIONAL in Japan and PANASONIC in America. Whether they will drop the National name is up in the air but it is nice to see some brand name cleaning to help out foreigners who can’t be bothered to learn these things.
On a side note about Japanese business, in Japan there are things called Keirestu.
A Keirestu is a set of companies with interlocking business relationships and shareholdings. It is a type of business group.
If you were wondering about the term Zaibatsu which is used by people a good amount of the time, well they are wrong. Zaibatsu is a historical term used incorrectly today by stupid Otaku and is not the proper word for such a thing. It’s like calling a car an automated horseless carriage.