Panasonic Holdings held a briefing for mass media, institutional investors and analysts on the future group management reform. As a result, some reports about Panasonic's company name and brand use have been misleading. However, the content announced on February 4 is aimed at reorganizing the single legal entity "Panasonic Electric Co., Ltd." under Panasonic Holdings, which is responsible for providing home appliances, residential equipment, and products and services for stores and offices, and is not intended to dissolve the Panasonic Group.