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Sanyo Electric Co. , Ltd.
三洋電機株式会社
Type Kabushiki kaisha
TYO: 6764
NASDAQSANYY
Founded April 1, 1950
Headquarters Flag of Japan Moriguchi, Osaka, Japan
Key people Toshio Iue, Seiichiro Sano
Industry Electronics
Products Semiconductors, Consumer electronics, Dry batteries, and Cellular phones
Revenue ¥1,353 billion Yen (2006)
Employees 14,137 (2006)[1]
Website http://www.sanyo.com/

Sanyo Electric Co. The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. Events 527 - Byzantine Emperor Justin I names his nephew Justinian I as co-ruler and successor to the throne Year 1950 ( MCML) was a Common year starting on Sunday (link will display the full calendar of the Gregorian calendar. is a city located in Osaka Prefecture, Japan which serves as a satellite town to Osaka. For a topic outline on this subject see List of basic Japan topics. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Electronics refers to the flow of charge (moving Electrons through Nonmetal conductors (mainly Semiconductors, whereas electrical In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A semiconductor' is a Solid material that has Electrical conductivity in between a conductor and an insulator; it can vary over that Consumer electronics include electronic equipment intended for everyday use A dry cell is a galvanic Electrochemical cell with a pasty low-moisture Electrolyte. In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Employment is a Contract between two parties, one being the employer and the other being the employee. Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages , Ltd. (三洋電機株式会社 San'yō Denki Kabushiki-gaisha?) (TYO: 6764, NASDAQSANYY) is a major Japanese electronics company and member of the Fortune 500 whose headquarters is located in Moriguchi, Osaka prefecture, Japan. The, or TSE, located in Tokyo, Japan, is the second largest Stock exchange market in the world by market value second only to the New York Stock The NASDAQ (acronym of National Association of Securities Dealers Automated Quotations) is an American Stock exchange. For a topic outline on this subject see List of basic Japan topics. Please do not add the complete list of fortune 500 companies The list is copyrighted by Fortune which makes money by selling the content is a city located in Osaka Prefecture, Japan which serves as a satellite town to Osaka. WikipediaWikiProject Japanese prefectures for guidelines --> is a prefecture located in the Kinki region on Honshū, the main island of For a topic outline on this subject see List of basic Japan topics. Sanyo targets the middle of the market and has over 324 offices and plants worldwide, together employing more than 11,000 employees[1].

Sanyo logo on neon signs of Piccadilly Circus.
Sanyo logo on neon signs of Piccadilly Circus. Piccadilly Circus is a famous road junction and public space of London 's West End in the City of Westminster,built in 1819 to connect Regent

Contents

Corporate culture

Sanyo utilizes an extensive socialization process for new employees, so that they will be acclimatized to Sanyo's corporate culture. [2] New employees take a five-month course during which they eat together and share company-provided sleeping accommodation. They learn everything from basic job requirements to company expectations for personal grooming and the appropriate way in which to address their coworkers and superiors. Personal grooming (also called titivating) is the art of cleaning grooming and maintaining parts of the body

History

Old logo.
Old logo.
Transistor radio, model 8S-P3, released in 1959.
Transistor radio, model 8S-P3, released in 1959.

Sanyo was founded when Toshio Iue (井植 歳男 Iue Toshio, 1902 - 1969), the brother-in-law of Konosuke Matsushita and also a former Matsushita employee, was lent an unused Matsushita plant in 1947 and used it to make bicycle generator lamps. Year 1902 ( MCMII) was a Common year starting on Wednesday (link will display calendar of the Gregorian calendar (or a Common year starting Year 1969 ( MCMLXIX) was a Common year starting on Wednesday (link will display full calendar of the Gregorian calendar. was a Japanese industrialist the founder of Panasonic, a company based in the suburb of Kadoma (on the Keihan line) Osaka in Japan Sanyo was incorporated in 1950 and in 1952 it made Japan's first plastic radio and in 1954 Japan's first pulsator-type washing machine. Plastic is the general common term for a wide range of synthetic or semisynthetic organic solid materials suitable for the manufacture of industrial products Radio is the transmission of signals by Modulation of electromagnetic waves with frequencies below those of visible Light. A washing machine, or washer, is a machine designed to clean Laundry, such as Clothing, Towels and sheets The term is mostly applied [1] The company's name means three oceans in Japanese, referring to the founder's ambition to sell their products worldwide, across the Atlantic, Pacific and Indian oceans. is a language spoken by over 130 million people in Japan and in Japanese emigrant communities The Pacific Ocean is the largest of the Earth 's Oceanic divisions The Indian Ocean is the third largest of the world's Oceanic divisions covering about 20% of the water on the Earth 's surface

Technologically Sanyo has had good ties with Sony, supporting the Betamax video format from invention until the mid 1980s (the best selling video recorder in the UK in 1983 was the Sanyo VTC5000), and later being an early adopter of the highly successful Video8 camcorder format. is a multinational conglomerate corporation headquartered in Minato Tokyo, Japan, and one of the world's largest Media conglomerates with ---- Betamax is a home Videocassette tape recording format developed by Sony, and released on May 10, 1975. The 8 mm video format refers informally to three related Videocassette formats for the NTSC and PAL / SECAM television systems More recently, though, Sanyo decided against supporting Sony's format, the Blu-ray Disc, and instead gave its backing to Toshiba's HD DVD. ( is a multinational conglomerate manufacturing company headquartered in Tokyo, Japan. not insert the publicly disclosed HD DVD key into this article for the time being This was ultimately unsuccessful, however, as Sony's Blu-ray triumphed[3].

In North America, Sanyo manufactures CDMA cellular phones exclusively for Sprint-Nextel corporation's Sprint PCS brand in the United States, and for Bell Mobility in Canada. Code division multiple access ( CDMA) is a Channel access method utilized by various radio communication technologies Sprint Nextel Corporation ( is a Telecommunications company based in Overland Park, Kansas. For three consecutive years, Sanyo received the J. D. Power and Associates award for having the highest overall satisfaction out of the eight most popular mobile phone manufacturers. However in 2005 Sanyo tied with LG for this position. LG Electronics () is a South Korean Multinational corporation.

The 2004 Chūetsu earthquake severely struck Sanyo's semiconductor plant and as a result Sanyo recorded a huge financial loss for that year. The began at 556 pm on Saturday October 23, 2004 (0856 UT, same day The 2005 fiscal year financial results saw a 205 billion yen net income loss. The same year the company announced a restructuring plan called the Sanyo Evolution Project, launching a new corporate vision to make the corporation into an environmental company, plowing investment into strong products like rechargeable batteries, solar photovoltaics, air conditioning, hybrid car batteries in a joint venture with Honda Motor Co. See also Rechargeable electricity storage system A rechargeable battery, also known as a storage battery, is a group of two or more secondary Photovoltaics ( PV) is the field of technology and research related to the application of Solar cells for Energy by converting Sunlight directly The term air conditioning refers to the cooling and dehumidification of indoor air for Thermal comfort. A hybrid vehicle is a vehicle that uses two or more distinct power sources to propel the vehicle () is a Multinational corporation, engine Manufacturer and engineering corporation headquartered in Japan. Ltd. (two firms would develop a nickel hydrogen battery) [4]and key consumer electronics such as the Xacti camera, projectors and mobile phones.

Sanyo's 3-year restructuring project
Sanyo's 3-year restructuring project

Sanyo posted signs of recovery after the announcement of positive operating income of 2. 6 billion yen. Sanyo remains the world number one producer of rechargeable batteries. Recent product innovations in this area include the Eneloop battery, a "hybrid" rechargeable NiMH (nickel-metal hydride) battery which, unlike typical NiMH cells, can be used from-the-package without an initial recharge cycle and retain a charge significantly longer than batteries using standard NiMH battery design. The Eneloop line competes against similar products such as Rayovac's "Hybrid Rechargeable" line.

Tomoyo Nonaka, a former NHK anchorwoman,who was appointed Chairman of the company has stepped down. or Japan Broadcasting Corporation, is Japan 's Public broadcaster. The President, Toshimasa Iue has also stepped down in April this year and Seiichiro Sano has been appointed to head the company effective from April 2007.

In January 2006 Sanyo received a massive capital injection from Goldman Sachs, Sumitomo Mitsui Banking Corporation and Daiwa Securities which resulted in five members of the banks represented joining the nine-person Board of Directors. The Goldman Sachs Group Inc, or simply Goldman Sachs ( is a large global Bank holding company that engages in Investment banking securities Sumitomo Mitsui Banking Corporation (SMBC Mitsui Sumitomo Ginkō, 株式会社三井住友銀行 is a Japanese bank based in Yurakucho Chiyoda-ku ( is one of Japan 's big three securities brokerages. Member companies Daiwa Securities Co

On 24 November 2006, Sanyo announced heavy losses and job cuts. [5]


Fisher Electronics which was purchased by Sanyo from Fisher Radio Corporation in 1975, is a Sanyo US subsidiary. Fisher Electronics is a US based subsidiary company of Japanese Electronics conglomerate Sanyo specialising in the field of hi-fi The United States of America —commonly referred to as the

In October 2007, Sanyo canceled what may have been a possible 110 billion yen ($942 million) semiconductor sale, stating that after exploring its other options, it had decided to keep the business and develop it as part of its portfolio[6]. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.

Rumors have Matsushita buying into Sanyo to assist in its turnaround. If this occurs, this will bring the Sanyo story full-circle, back to its origins with Toshio Iue and Konosuke Matsushita.

Energy

Solar module assembly plant

Sanyo Electric opened its solar module assembly plant in Hungary in 2004, and in 2006 it produced solar modules worth $213 million. In the field of Photovoltaics, a photovoltaic module is a packaged interconnected assembly of photovoltaic cells also known as Solar cells An installation of Hungary (Magyarország 'mɔɟɔrorsaːg) officially in English the Republic of Hungary ( Magyar Köztársaság, literally Magyar (Hungarian Republic In 2007, Sanyo completed a new unit at its solar module plant in Hungary that is to triple its annual capacity to 720,000 units in 2008. [7]

Plans to expand production were based on rising demands for Sanyo Hungary products, whose leading markets are Germany, Italy, Spain and the Scandinavian countries. The plant at Dorog, outside Budapest, will be Sanyo Electric's largest facility that produces solar modules in the entire world. Dorog ( German: Drostdorf) is a small town in Komárom-Esztergom, Hungary. Budapest ( also /ˈbʊ-/) is the capital city of Hungary. As the largest city of Hungary it serves as the country's principal Political, [7]

Electric vehicle batteries

Toshiba Group's nickel metal hydride battery business, Toshiba Battery Co. ( is a multinational conglomerate manufacturing company headquartered in Tokyo, Japan. A nickel-metal hydride battery, abbreviated NiMH, is a type of Rechargeable battery similar to a nickel-cadmium ( Ni[[Cadmium Cd]] battery , Ltd. (with manufacture base was in Takasaki), was transferred to Sanyo. Toshiba Battery Co. , Ltd. manufacture base was in Takasaki, newly inaugurated as Sanyo Energy Takasaki Co. is a city located in Gunma Prefecture, Japan. The city was founded on April 1, 1900. , Ltd. [8]

Sanyo Electric Co Ltd. subsidiary, supplies nickel metal hydride batteries to Honda Motor Co. A nickel-metal hydride battery, abbreviated NiMH, is a type of Rechargeable battery similar to a nickel-cadmium ( Ni[[Cadmium Cd]] battery () is a Multinational corporation, engine Manufacturer and engineering corporation headquartered in Japan. Ltd. and Ford Motor Co. Ford Motor Company is an American Multinational corporation and the world's fourth largest automaker based on Worldwide vehicle sales, following [9]

Sanyo Electric plans to raise monthly production of NiMH batteries for hybrid vehicles from the current 1 million units to up to 2. 5 million by the end of fiscal 2005. [10]

Audi is planning an alliance with the Japanese electronic giant Sanyo to develop a pilot hybrid project for the Volkswagen Group. The alliance could result in Sanyo batteries and other electronic components being used in future models of the Volkswagen group. [11]

Sponsorship

Sanyo is the major sponsor of the Penrith Panthers Rugby League team in the National Rugby League (Australia). The Penrith Panthers is an Australian professional Rugby league football team History See also History of rugby league The grass roots of rugby league can be traced to early football history, through the playing of ball games For a topic outline on this subject see List of basic Australia topics. However, the team has recently been involved in controversy, as three Panthers players were being investigated by police after separate violent incidents, including violence against women. [12] The Rugby players in question continue to make public appearances on Australian television wearing the Sanyo logo on their clothing (See: List of Rugby league incidents). The following is a listing of all off-field incidents that have received media coverage involving footballers from Rugby league competitions in Australia, New Zealand Sanyo is also one of the sponsors for the John Force racing team, which includes the legendary John Force and his daughter Ashley Force (first female to win an NHRA event. )

See also

http://us.sanyo.com/appliances/

References

  1. ^ a b c Sanyo Corporate Profile
  2. ^ J. Sanyo Electric's subsidiary Sanyo Mavic Media has developed MildDisc which went to market in December 2003. Panasonic EV (PEVE is the supplier of the Nickel metal-hydride (NiMH battery packs for Toyota ’s hybrids as well as for Honda ( Civic and Impoco, "Basic Training, Sanyo Style". U. S. News & World Report, July 13, 1992, pp. 46–48.
  3. ^ Toshiba to give up on HD DVD, end format war: source | Technology | Reuters
  4. ^ Honda In Joint Venture With Sanyo To Produce Hybrid Car Batteries. | Automotive > Automotive Overview from AllBusiness.com
  5. ^ Sanyo to lose 50 billion yen, cut 2,200 jobs by April
  6. ^ About reports in the Media on Oct 17 (SANYO Official Release)
  7. ^ a b Japan's Sanyo expands Hungary solar plant
  8. ^ Toshiba : Press Releases 27 April, 2001
  9. ^ Mitsubishi Heavy to make lithium ion car batteries
  10. ^ Green Car Congress: Sanyo to More than Double NiMH Battery Production Based on Hybrid Demand
  11. ^ http://www6.lexisnexis.com/publisher/EndUser?Action=UserDisplayFullDocument&orgId=101846&topicId=103840033&docId=l:788745336
  12. ^ NZ Herald, April 12, 2007. Bashed woman wants league star jailed

External links


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