On April 1st, Panasonic Group adjusted its organizational structure and officially established Panasonic HVAC&Cold Chain Co., Ltd. Hideyoshi Katayama has been appointed as the representative director, board member, and president of the company. This new company was formed through the integration and restructuring of the HVAC and Cold Chain Solutions divisions under Panasonic's Sustainable Development and Climate Technology Group.

Panasonic HVAC&Cold Chain Co., Ltd. covers three major areas: air, water, and food. Its business scope includes household and commercial air conditioners, ventilation fans, air purifiers, carbon dioxide heat pump water heaters, air source water heat pumps, commercial display refrigerators, and commercial kitchen equipment.

According to the company profile, its comprehensive business covers water solution products such as household air conditioners, air products, carbon dioxide heat pump water heaters, as well as the research and development, production, sales, installation, and after-sales maintenance chain services of commercial equipment such as cooling and heating equipment, commercial air conditioners, and food system equipment. It is expected that the combined sales revenue of this sector will reach 1.3 trillion yen (approximately 8.7 billion US dollars) for the fiscal year ending March 31, 2026.

With the establishment of the new company, Panasonic simultaneously released its brand slogan: HVAC&Cold Chain, Integrating into Life. Panasonic HVAC&Cold Chain Co., Ltd. stated that it will deeply understand customer pain points and provide integrated solutions from three dimensions: economic benefits, environmental value, and safety assurance.