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Supply Chain

Panasonic to create supply chain specialist, take it public

New company will be centered around U.S.-based subsidiary Blue Yonder

A Panasonic Toughbook in action: The Japanese technology group aims to make supply chain management a core business. (Photo courtesy of Panasonic)

OSAKA -- Panasonic Holdings aims to set up a new supply chain management company and seek a stock market listing for it, the Japanese technology group said on Wednesday.

The new unit is expected to consist of businesses centered around U.S.-based Blue Yonder, a supply chain management company that Panasonic acquired in 2021 through an investment of 860 billion yen ($6.6 billion at current rates).

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