Japan's Panasonic ends 37-year contract as top Olympics sponsor

FILE PHOTO: A worker wears a jacket with the logo of Panasonic, Tokyo 2020 Olympic and Paralympic Games' partner, as he walks at an under-construction site of the Olympic villages in Tokyo, Japan March 25, 2020. REUTERS/Issei Kato

TOKYO (Reuters) - Japan's Panasonic Holdings said on Tuesday it would end its 37-year contract as a top sponsor for the Olympics following the end of the Paris Games.

The Osaka-based company first became an official partner of the Olympic Games in 1987 and expanded its partnership to the Paralympics from 2014. It has supported the Games with its technologies, product and services, such as the Technics turn-tables at the breaking event in Paris last month.