Matsushita Electric Industrial Co., Ltd. (松下電器産業株式会社) is an electronics manufacturer based in Kadoma, Osaka prefecture, Japan. Its brands include Panasonic, National, Nais, Quasar and Technics, and they are the controlling stockholder of the Japan Victor Company (JVC). It was founded by Konosuke Matsushita in 1918, with its first product being a bicycle lamp. Since then, it has became the largest Japanese electronics producer and competes mainly with Sony, Toshiba and Philips. In addition to electronics Matsushita offers non-electronic products and services such as home renovation services.