Panasonic Holdings Introduces PanasonicWELL

New division will accelerate innovation to enhance health, wellness, and well-being for families worldwide

Panasonic Holdings Corporation announces PanasonicWELL, a new global innovation organization inside Panasonic intended to deliver solutions to enable families worldwide to live well. “Well” describes the intersection of health and wellness including mental well-being, longevity, nutrition, sleep health, mindfulness, daily productivity, among other categories that help people to live healthier and happier lives every day. The PanasonicWELL team will accelerate corporate innovation, incubation, and venture strategy for Panasonic and develop new ways to expand reach and enhance the lives of billions of families worldwide.

“PanasonicWELL will help define the future of Panasonic. Informed by a deep understanding of our customers’ needs, we’ll utilize both the existing product lines and innovative new technology and services to create solutions people need to live healthier lives every day,” said Panasonic Group CEO Yuki Kusumi.

To lead this new division, Panasonic has appointed Yoky Matsuoka to serve as the CEO of PanasonicWELL. Matsuoka joined Panasonic in 2019 to drive global innovation and build a wellness ecosystem. In September 2021, Matsuoka launched Yohana, a concierge service for family well-being, the first brand within this wellness ecosystem to advance Matsuoka’s vision to help families thrive. In addition to her expanded role, Matsuoka will continue to serve as Managing Executive Officer of Panasonic Holdings, and as Founder and CEO of Yohana.

“Over the past three years, Yoky’s forward thinking and entrepreneurial spirit has spearheaded the global transformation Panasonic is striving to achieve,” states Group CEO Kusumi.

“My life’s mission has been to enable people to become who they want to be through technology,” said Matsuoka. “PanasonicWELL is the culmination of that mission and passion because it creates a home for us to grow and scale tools and products families can use to lead more fulfilling lives.”

PanasonicWELL will create an ecosystem of solutions to enable modern families to achieve the universal goals of caring well, eating well, sleeping well, moving well, working well and aging well. The ecosystem will serve families through new and existing hardware products with a software-enabled experience, industry-leading Responsible AI with utmost privacy, and human beings serving where technology cannot. PanasonicWELL will incubate new brands and future products focused on health, wellness, and well-being, enhance existing businesses by building a unified platform to service customers, and train next-generation employees to learn new technology and solutions.

The growth of the PanasonicWELL team includes Chip Lutton as the Global Head of Legal. Previously, Lutton has held roles at Apple, Nest Labs, Google and C3 AI, where he has been a key leader in strategic legal counsel. Peter Markatos has joined as the Global Head of Design & Experience for PanasonicWELL. Formerly Global Design Director at Uber, Markatos has spent over two decades building cross-functional, world-class design teams. Brent Collins has joined as the Global Head of the Program Management Office for PanasonicWELL. Collins is a senior business and technology executive with over 25 years of industry and consulting experience at brands like Gap, Inc. and Accenture.

For 105 years, Panasonic has operated as a mission-driven company delivering better products for everyday life worldwide. Under this ethos, Panasonic has transformed everyday tasks, touching the lives of over a billion people every day. By drawing upon the strength of the brand, market share, broad portfolio and trusted position in family lives, Panasonic will provide the insights and resources necessary for the success of PanasonicWELL’s vision: to create happier and healthier lives for the modern family.