Guided by our Basic Management Objective, through all of our corporate activities, we in the Panasonic Group have been fully devoted to "the progress and development of society and the well-being of people," as well as "enhancing the quality of life throughout the world."
As the Group shifts to the operating company system, we will further sharpen the strengths we have nurtured in each of our businesses. Also, aiming toward creating greater social contributions, we will return once again to our basic management principles, which were embodied by our founder, Konosuke Matsushita. To this end, we have refined these principles, based on today's social conditions and values, into "the Panasonic Group's Basic Business Philosophy," which we will fully put into practice through all our activities.
Going forward, we will continue to squarely address various social issues, including environmental problems, and try to offer society the needed solutions. And toward the further development of society, we will carry out business by always imagining what an ideal society should become. With these aims in mind, we will generate new value and improve our operational capabilities at the business frontlines in an untiring manner. Through these endeavors, we at Panasonic will continue offering customers superior products and services that surpass their expectations.
The founder Konosuke Matsushita always believed that our happiness as human beings can be maintained and improved only when we are affluent both in a material and a mental way. Based on this thought, he devoted himself to contributing to the development of an ideal society with both material affluence and mental happiness. And today, we in the Panasonic Group are firmly resolved to unite our group-wide strengths to achieve his aim by always challenging ourselves and making untiring improvements.
I sincerely ask for your continued patronage and support going forward.
Representative Director, President
Group Chief Executive Officer