Hello chap and welcome to this forum of mainly vacuum enthusiasts and a handful of keyboard warriors defending vacuum manufactures. Haha!
I have had a couple of Panaosnic vacuums here in the UK. While the oens over here and in Europe you don't get in the states or elsewhere, I found them to be better than average in terms of performance and build quality. They are not terribly expensive either. I can not speak for their bagged machines however. Although, looking at a few videos of this machine, it is apparently a robust, good performing, inexpensive vacuum cleaner. It looks like a typical bagged vacuum of 10 years ago, if it is fair to say that. No frills, no tinsel, does the job and is functional. Something which lacks in a lot of things these days ahah!