Panasonic : Decides to Invest in Zene, a Provider of Genomic Analysis Services, through the Panasonic Kurashi Visionary Fund
March 08, 2024 at 01:10 am EST
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Osaka, Japan - Panasonic Corporation (https://www.panasonic.com/global/home.html) (Head office: Minato-ku, Tokyo; President & CEO: Masahiro Shinada; hereinafter referred to as Panasonic) today announced that it has decided to invest in Zene inc. (Head office: Chiyoda-ku, Tokyo; CEO: Masahiro Inoue; hereinafter referred to as Zene), a provider of genomic analysis services and operator of a genomic data analysis platform, through a corporate venture capital fund, commonly known as the Panasonic Kurashi Visionary Fund, jointly managed by Panasonic and SBI Investment Co., Ltd.
With the vision of "making genomes more accessible and common," Zene has been providing corporate customers with highly accurate healthcare services through genomic analysis technology using the Polygenic Risk Score method*. The company's unique service of analyzing genetic information obtained from saliva collected at home or at work. It provides a genomic analysis report that visualizes an individual's constitution, encouraging lifestyle changes. This approach has been well received by health insurance associations and businesses aiming to promote the health of their employees.
Panasonic has been developing products, services, and solutions that support people's lives and contribute to their well-being. The company decided to make this investment with the goal of gaining a range of insights into the future of lifestyles that genomic analysis technology will usher in, and to pursue new innovations. Panasonic will continue to strengthen its open innovation initiatives based on strong partnerships created by investing in promising startups both in Japan and overseas that are competitive in areas closely related to people's lives, such as energy, food infrastructure, spatial infrastructure, and lifestyle.
* A multifactorial analysis that examines the entire genomic information in an integrated manner.
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08 March 2024 and is solely responsible for the information contained therein. Distributed by
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Panasonic Holdings Corporation (formerly Panasonic Corporation) specializes in manufacturing and marketing of consumer electronic equipments. Net sales (including intragroup) break down by family of products as follows:
- domestic equipments, appliances and audiovisual equipment (42.5%): lighting devices, photovoltaic devices, wiring devices, health and care devices, furnishing materials, air conditioning and ventilation equipments, air purifiers, refrigerators, air conditioners, washing machines, dryers, vacuum cleaners, irons, microwaves, fans, cooking appliances, dishwashers, TVs, digital cameras, audio and video equipment, fixed telephones, showcases, etc.;
- electronic and electromechanical components (13.2%): relays, switches, power supply systems, industrial motors and sensors, capacitors, coils, resistors, materials for electronic circuits, semiconductors, LCD panels, etc.;
- automotive multimedia equipment and electronic accessories (12.4%);
- avionics, industrial automation, communication and entertainment systems (10.8%): in-flight entertainment and communication systems, electronic component assembly machines, welding equipment, projectors, professional audio-visual systems, computers, tablets, mobile communication systems and equipment, etc.;
- energy storage systems (8.9%): cylindrical lithium-ion batteries, dry batteries, primary/secondary lithium batteries, nickel-metal hydride batteries, lithium-ion batteries, energy storage modules and systems;
- other (12.2%).
Net sales break down geographically as follows: Japan (43.2%), China (13.4%), Asia (14.7%), Americas (18.7%) and Europe (10%).
PANASONIC HOLDINGS CORPORATION 
