Panasonic officially ended its manufacturing and sales of glasses-type virtual reality (VR) head-mounted devices in December 2025, transferring the MeganeX product business to Tokyo-based VR manufacturer Shiftall. From January 2026, Shiftall is responsible for the development, sales, and support of the MeganeX line.
Reports from Nikkei Asia and Monoist reveal that Shiftall was originally a subsidiary of the Panasonic Group and collaborated extensively on the MeganeX series, known for its high resolution and ultra-lightweight design. Following its sale to content support firm Creek&River, Shiftall retained hardware partnerships with Panasonic, focusing on the consumer market, particularly VRChat users. Meanwhile, Panasonic concentrated on business clients, applying VR for design collaboration and production line simulation.
With the transfer agreement now effective, Shiftall will consolidate all resources related to the MeganeX brand. This shift aligns with Panasonic's broader restructuring plan to improve profitability amid global economic challenges. Since 2025, Panasonic has been implementing sweeping streamlining measures, including plans to cut about 5,000 jobs worldwide. The company also sold an 80% stake in its housing equipment unit, Panasonic Housing Solutions, in November 2025 as part of these efforts.
Article edited by Jerry Chen
