 Panasonic had total revenues of in 2012, of which 53 percent were generated in Japan, 25 percent in Asia (excluding Japan), 12 percent in the Americas and 10 percent in Europe.Panasonic's operations are organised into three broad "business fields" – Consumer, Solutions and Components & Devices – and nine "domain companies" – AVC Networks (which generated 17% of Panasonic's total 2012 revenues), Eco Solutions (15% of revenues), Appliances (15% of revenues), Industrial Devices (14% of revenues), Systems and Communications (8% of revenues), Automotive Systems (7% of revenues), Energy (6% of revenues), Healthcare and Manufacturing Solutions.Panasonic invested a total of in research and development in 2012, equivalent to 6.6 percent of its revenues in that year.