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According to reports, due to the high awareness of energy conservation in Japan and the decline in price, LED lighting continues to spread, so the proportion of LED products shipped by Panasonic's overall residential lighting products has reached 80%.
Panasonic has stopped research and development of new fluorescent lamp products in the fall of 2013. Toshiba Lighting & Technology and Hitachi Appliances stopped developing new fluorescent products in 2012.
According to reports, Panasonic's overall lighting business will generate about 300 billion yen in annual revenue, and Panasonic will continue to produce fluorescent products for office and commercial facilities after it has discontinued residential fluorescent lamps.
According to Japanese media on the 3rd, Panasonic will stop producing fluorescent lighting fixtures for residential use in 2015 and convert all residential lighting products to LEDs. The Japanese government plans to convert all lighting products to LEDs by the end of 2020.