you should have noted that it is called from the Panasonic common files directory. This would indicate that you have a Panasonic peripheral installed and that the process may or may not be necessary for the peripheral to run properly.
Disable it if you want (DO NOT DELETE IT) and see if your panasonic peripheral displays any problems - if not you can leave it disabled - if it does you can re-enable it.
The call is yours - if you want to know EXACTLY what it does your best bet is to contact Panasonic support for your panasonic peripheral.
I have an XP Pro Hp Pavilion 7845 with SP2 that I'm trying to clear out of useless startup programs. So far I have narrowed down the list to three programs: ZoneAlarm Client (firewall), ISTray (spyware doctor), and lastly ASRInst_V; does anyone know what ASRInst_V exactly is? Can I disable this program from startup? I already tired searching online (google and yahoo) but I could not find a clear answer. I also search Cent with the same result. Can anyone please help. Thanks.