Panasonic has been partnering with Victor Co. of Japan, which in 2008 merged with Kenwood to become JVC Kenwood, since 1954. But yesterday JVC Kenwood announced [JP, PDF] that Panasonic, its largest shareholder and business partner, will go alone in the future.Big P is apparently ready to sell 24,225,400 of its shares, a move that will make the company the seventh-largest shareholder in JVC Kenwood.