Panasonic to Build a New Structure to Manage Corporate-Owned Sports Teams as Business
(WorldNews Japan)

Osaka, Japan - Panasonic Corporation today announced that it will establish on October 1, 2020 a new corporate division in charge of managing the sports teams it owns, with the aim to make them as a sustainable business. In accelerating the activities of the Sports Management Division, Panasonic also aims to expand the businesses related to sports management in the mid- to long-term. Panasonic has been involved in the management of various professional sports teams in Japan, such as the Gamba Osaka football team, the Panasonic Panthers volleyball team, and the Panasonic Wild Knights rugby team. Although most sporting events were forced to be suspended due to the COVID-19 pandemic, Japan`s...