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Panasonic Gives Update On Japan Production

Tokyo – Panasonic today issued an update on its manufacturing
facilities in Japan, indicating production operations at several affected plants
have restarted.

Three weeks after the March 11 earthquake and tsunami,
Panasonic reported that the AVC Networks Company Fukushima Factory
(manufacturing digital cameras) and AVC Networks Company Sendai Factory
(manufacturing optical pickups) restarted partial production operations today.

Sanyo Electric Co., Ltd. Tokyo Plant located in Gunma
(manufacturing commercial air conditioners, showcases, etc.) restarted production
March 14.

AVC Networks Company Yamagata Factory (manufacturing digital
camera lens unit, SD memory cards) restarted partial production operations on
March 22. The same was true for AVC Networks Company Utsunomiya Factory
(assembling LCD TVs) on the March 22.

Panasonic Electric Works Koriyama Co., Ltd. (manufacturing
electronic materials) restarted production on March 23.

While placing priority on the safety of Panasonic’s
employees and in cooperation with the planned power outages scheduled by Tokyo
Electric Power and Tohoku Electric Power, Panasonic is preparing to resume
production at factories in the affected region, the company said in a

Panasonic has confirmed the safety of all employees, but
some suffered minor injuries.