In April 2019, Panasonic Group established a regional business company, the China & Northeast Asia Company, which combines business and regional functions into one as the first time. Headquartered in Beijing, as of March 2023, it has 31 corporate companies consisting of 3 business divisions and 2 BU and 23,000 employees.

Panasonic combines its traditional strengths in Consumer Electronic and Housing Equipment businesses, With the business vision of "关护无界 身心如悦", focusing on the "living space business", and strive to become "health, pension, clean + environment fields of the No.1 brand", and as the best partner in people's lives, committed to solving Chinese social issues. China & Northeast Asia company also actively promote environmental businesses and contribute to the realization of a decarbonized society.