Panasonic Holdings Corporation, formerly known as Matsushita Electric Industrial Co., Ltd., is a major Japanese multinational conglomerate corporation with a rich history dating back to its founding in 1918. Initially, it started as a lightbulb socket manufacturer and later expanded its product offerings to include consumer electronics, becoming the world's largest maker in the late 20th century. Today, Panasonic is headquartered in Kadoma, Osaka, and operates globally, offering a wide range of products and services such as rechargeable batteries, automotive and avionic systems, industrial systems, as well as home renovation and construction.