Some of what we've shared today may seem unexpected and perhaps different than the Panasonic you have known in the past. But, if we are to achieve our goals, the imperative to transform and innovate has never been greater. However, the core values that drive us at Panasonic are not new at all. They have actually been part of our company's DNA since it was founded by Konosuke Matsushita nearly 100 years ago -- to place people before products, contribute to our society, enhance and add value to the lives of customers, and to offer eco and smart solutions that make what matters most better. This is who we are and who we have always been. When all is said and done, it is just another way we are engineering a better world for you.
Panasonic Corporation is a worldwide leader in the development and manufacture of electronic products in three business fields, consumer, components & devices, and solutions. Based in Osaka, Japan, the company recorded consolidated net sales of 7.85 trillion yen for the year ended March 31, 2012. Panasonic's stock is listed on the Tokyo, Osaka, Nagoya and New York (NYSE:PC) Stock Exchanges. The company has the vision of becoming the No. 1 Green Innovation Company in the Electronics Industry by the 100th year of its founding in 2018. For more information on Panasonic, its brand and commitment to sustainability, visit the company's website at http://panasonic.net/.