Panasonic Holdings Corp CEO Strategy Briefing Transcript
Good afternoon. I'm Yuki Kusumi, Group CEO of Panasonic Holdings Corporation. Thank you very much for participating in this online briefing despite your busy schedule. Before I start, I would like to express my concerns regarding the current situation in Ukraine. I offer my deepest condolences to those who have lost family members, and I hope the world will return to peace and security as soon as possible.
Now I'd like to start today's briefing on our group strategy. Before explaining the details of our new medium- to long-term strategy, I would like to touch on the start of a new structure and look back on the previous medium-term period. Today on April 1, we changed our corporate name from Panasonic Corporation to Panasonic Holdings Corporation, and we transitioned to a new group structure by establishing operating companies as independent legal entities. The previous name of Panasonic Corporation is succeeded by Lifestyle Updates Business division, which was established as
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