Panasonic's Venture into Projector Sales Fails to Survive
In a recent turn of events, Panasonic has announced that it will continue to maintain full ownership of its projector business, following the collapse of a planned sale to ORIX Corporation. The deal, valued at nearly 800 million euros, was terminated due to disagreements over growth forecasts and financial projections between the two parties [1][2].
Despite the failed sale, Panasonic remains steadfast in its commitment to growing the projector business independently. The company's strategy and new product development plans remain unchanged, with a focus on the newly launched MEVIX sub-brand, which encompasses a diverse range of visual solutions such as projectors, direct-view LED (dvLED), and flat panel displays [1]. MEVIX was unveiled in June 2025 at InfoComm and represents Panasonic's drive to lead in professional projectors and displays [1][2].
Panasonic Connect, the parent company for the projector business, reaffirmed its commitment to the sector under the MEVIX brand. Taka Uchida, CEO of PPNDA, assured stakeholders that the collapse of the deal with ORIX Corporation will not impact operations [3].
The company continues to innovate, introducing new models that emphasise performance and sustainability. For instance, the PT-VMZ82 Series, launched for availability in the second quarter of 2025, features ultra-efficient LCD projectors that consume 25% less energy than previous models, incorporate up to 59% recycled resin in their body, and offer long maintenance-free operation [4]. Additionally, Panasonic announced a breakthrough 40,000-lumen 4K projector model with a compact design suitable for rental and staging applications [3].
The change will not directly affect new product development plans. Panasonic Projector & Display Corporation, which was announced on April 1, 2025, will now grow as a wholly owned subsidiary of Panasonic Connect. The MEVIX brand strategy includes maintaining stability and innovation that customers depend on, ensuring operational stability and driving product development focused on sustainability and cutting-edge technology [1][2][3][4].
Sources: [1] Panasonic (2025). Panasonic Retains Full Control of Projector Business Following Collapse of ORIX Deal. Retrieved from https://www.panasonic.com/global/corporate/news/releases/2025/0701_01.html [2] Reuters (2025). Panasonic's projector business to continue under full ownership following ORIX deal collapse. Retrieved from https://www.reuters.com/business/media-telecom/panasonics-projector-business-continue-under-full-ownership-following-orix-deal-collapse-2025-07-01/ [3] Nikkei Asia (2025). Panasonic Retains Full Control of Projector Business Following Collapse of ORIX Deal. Retrieved from https://asia.nikkei.com/Business/Companies/Panasonic-retains-full-control-of-projector-business-following-collapse-of-ORIX-deal [4] Panasonic (2025). Introducing PT-VMZ82 Series: The Next Generation of Ultra-Efficient LCD Projectors. Retrieved from https://www.panasonic.com/global/corporate/news/releases/2025/0501_01.html
As a systems contractor, Panasonic Connect remains dedicated to growing the projector business under the MEVIX brand, focusing on innovation and newly launched products like the PT-VMZ82 Series projectors. Financially, Panasonic will continue to prioritize sustainability and technology in its business plans, as it navigates as a wholly owned subsidiary of Panasonic Connect. [Sources: 1, 2, 3, 4]
In light of the terminated deal with ORIX Corporation, the collapse will not impact Panasonic's strategic plans for the projector business, which includes maintaining operational stability and driving product development centered on sustainability and cutting-edge technology, as exemplified by the recently launched MEVIX sub-brand. [Sources: 1, 2, 3, 4]
