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We celebrated the 80th anniversary of our founding in 1998. In his remarks at the management policy announcement in January, President Morishita offered words of heartfelt gratitude for the many years of patronage and support we have received from our customers, clients, and shareholders the world over, as well as for founder Konosuke Matsushita and the many others who came before us to lay the pathway to our current prosperity and growth.
Additionally, in commemoration of our 80th anniversary, it was announced that two commemorative events based on the concept of developing human resources that will take on our work in the 21st century:
(1) Establishment of the Panasonic Scholarship
(2) Establishment of the Global Management Development Training Facilities
A program that makes available stipends to foreign students, the Panasonic Scholarship is aimed at developing individuals who can contribute to the development of Asia in the 21st century and the promotion of mutual understanding globally. For the five-year period spanning 1998 to 2002, about 200 foreign students were given support.
A facility intended to develop managerial human resources ready to take on 21st century global and group management, the Global Management Development Training Facilities were built inside of the HR Development Center in Hirakata City. The building was equipped with an Internet multipoint video MPEG conferencing system, which made possible mutual communication between the various training rooms within the building. This was accompanied by the creation of instructional materials which made use of digital network technology and development of new educational systems at the HR Development Center.
And as 80th anniversary commemorative items, 79 products from across the company were designated as “product firsts” and brought to market through collaborations between Business Divisions and Sales Divisions.
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