(a) Description of Business Panasonic Corporation (hereinafter, the "Company," including consolidated subsidiaries, unless the context otherwise requires) is one of the world's leading producers of electronic and electric products. The Company currently offers a comprehensive range of products, systems and components for consumer, business and industrial use based on sophisticated electronics and precision technology, expanding to building materials and equipment, and housing business
Sales by segment for the year ended March 31, 2015 were as follows: Appliances 22%, Eco Solutions 21%, AVC Networks 14%, Automotive & Industrial Systems 34%, and other 9%. A sales breakdown for the year ended March 31, 2015 by geographical market was as follows: Japan- 48%, North and South America-16%, Europe-9%, and Asia and Others-27%.
The Company is not dependent on a single supplier, and has no significant difficulty in obtaining raw materials from suppliers.