Panasonic is a boycotted brand listed in the Commerce & Industry category. The brand is part of BlackRock & Vanguard; a total of 19 boycotted brands are listed under BlackRock & Vanguard.
Even if Panasonic avoids taking sides, it is significantly backed by BlackRock (~8.5%) and Vanguard (~3.8%)—institutions known for financial ties to israeli corporations and normalization of occupation via capital. Indirect complicity through owners demands boycott.