success story!! it is a success story of a small child who became owner of billion company born in a small village in japan. in his childhood when he was 9 years old his father shifted from Here is a brief history of the company’s first century: panasonic Panasonic was founded on March 7, 1918, by Konosuke Matsushita, who was 23 years old at the time. Previously, he’d been living in a two-room tenement with his wife, Mumeno Iue, and her teenage brother, Toshio. After working as an apprentice to hibachi and bicycle makers and working for the Osaka Electric Light Company, Matsushita had come up with a design for a new kind of light socket. Despite discouragement from his supervisor, Matsushita and his family tried to sell the devices out of their home. They even sold off some of their most valuable possessions to make ends meet. Meanwhile, Matsushita diversified his product offerings, eventually fulfilling an o