Panasonic Corporation is a 118-year-old Japanese electronics company. It was founded in 1918 as Matsushita Electric Industrial Co. in Osaka, Japan. The document provides a history of Panasonic, covering its name changes and expansion from light bulbs to other electronics. It also outlines Panasonic's vision, mission, an advertisement for one of its camera products, and lists some of its departments and product lines. The recommendations suggest introducing lower-cost products, focusing advertising locally in Pakistan, and considering worsening economic conditions.