 The company owns a volleyball team, PFU BlueCats, formed in 1979 at USAC Electronic Industrial.Panafacom was a conglomerate of the Japanese companies—formed by Fujitsu, Fuji Electric and the Matsushita Group on July 2, 1973.The company provided OEM manufacturing for Fujitsu and Matsushita, and developed one of the first commercially available 16-bit microprocessors, the MN1610.