|San'yō Denki Kabushiki-gaisha|
April 1950 (incorporated)
|Fate||Became a subsidiary of Panasonic in April 2011|
|Headquarters||Moriguchi, Osaka, Japan|
|Seiichirou Igaki (president)|
|Revenue||¥84.678 billion (2018)|
|¥6.590 billion (2018)|
|¥4.983 billion (2018)|
|Total assets||¥106.304 billion (2018)|
|Total equity||¥64.832 billion (2018)|
Number of employees
(March 31, 2010)
|Parent|| Panasonic |
Haier (South East Asian consumer appliance businesses)
Sanyo Electric Co., Ltd. (三洋電機株式会社, San'yō Denki Kabushiki-gaisha), stylized as SANYO, is a Japanese electronics company and formerly a member of the Fortune Global 500 whose headquarters was located in Moriguchi, Osaka prefecture, Japan. Sanyo had over 230 subsidiaries and affiliates, and was founded by Toshio Iue in 1947.
On December 21, 2009, Panasonic completed a 400 billion yen ($4.5 billion) acquisition of a 50.2% stake in Sanyo, making Sanyo a subsidiary of Panasonic.In April 2011, Sanyo became a wholly owned subsidiary of Panasonic, with its assets integrated into the latter's portfolio.
Sanyo was founded when Toshio Iue 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. Sanyo was incorporated in 1949; in 1952 it made Japan's first plastic radio and in 1954 Japan's first pulsator-type washing machine.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.
In 1969 Howard Ladd became the Executive Vice President and COO of Sanyo Corporation. Ladd introduced the Sanyo brand to the United States in 1970. The ambition to sell Sanyo products worldwide was realized in the late 1970s after Sanyo introduced home audio equipment, car stereos and other consumer electronics to the North American market. The company embarked on a heavy television-based advertising campaign.
Ladd negotiated a purchase of the Fisher Electronics audio equipment manufacturer by Sanyo in May 1977.Under Ladd’s leadership, the Fisher Corporation under Sanyo grew to be a multi-million dollar leader in the consumer electronics industry. The new, profitable Fisher Corporation moved its headquarters from New York to Ladd's Los Angeles. Ladd was named President and CEO of the combined Sanyo / Fisher Corporation in 1977, serving until 1987.
Ladd was instrumental at Sanyo in promoting Quadraphonic sound audio equipment for the American market, producing 4-channel audio equipment in both SQ and Matrix formats. He said "we make all kinds of quadrasonic equipment because this is the business we're in... let the consumer buy the kind of software he prefers and we'll provide him the hardware to play it on".
Sanyo realized tremendous growth during Ladd's tenure in the 1970s; annual sales grew from $71.4 million (equivalent to $441,748,449in 2020) in 1972 to $855 million (equivalent to $3,392,517,857in 2020) in 1978.
Growth in the video sector was slowed by Sanyo's ill-fated decision to adopt Sony's Betamax VCR format instead of Matsushita's VHS. Although initially successful, the Betamax eventually became all but obsolete. Sanyo avoided further damage by later switching to the VHS format.
In 1976 Sanyo expanded their North American presence with the purchase of Whirlpool Corporation's television business, Warwick Electronics, which manufactured televisions for Sears.
In 1986, Sanyo's U.S. affiliate merged with Fisher to become Sanyo Fisher (U.S.A.) Corporation (later renamed Sanyo Fisher Company). The mergers made the entire organization more efficient, but also resulted in the departure of certain key executives, including Ladd, who had first introduced the Sanyo name to the United States in the early 1970s.
In 1982, Sanyo started selling the MBC-1000 series of CP/M computers.In 1983 it introduced the MBC-550 PC, the lowest-cost IBM PC compatible personal computer available at the time, but its lack of full compatibility drove Sanyo from the market and no follow-on models were released.
An article on "Sanyo Style" written in 1992 described that Sanyo utilizes an extensive socialization process for new employees, so that they will be acclimatized to Sanyo's corporate culture.New employees take a five-month course during which they eat together and sleep together in accommodation. They learn everything from basic job requirements to company expectations for personal grooming and the appropriate way in which to dress for their co-workers and superiors.
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), while producing the VHS video format at the same time for the Fisher brand during the early 1980s, and later being an early adopter of the highly successful Video8 camcorder format. More recently, though, Sanyo decided against supporting Sony's format, the Blu-ray Disc, and instead gave its backing to Toshiba's HD DVD. This was ultimately unsuccessful, however, as Sony's Blu-ray triumphed.
In North America, Sanyo manufactured CDMA cellular phones exclusively for Sprint's Sprint PCS brand in the United States, and for Bell Mobility in Canada.
The 2004 Chūetsu earthquake severely damaged Sanyo's semiconductor plant and as a result Sanyo recorded a huge financial loss for that year. 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 and key consumer electronics such as the Xacti camera, projectors and mobile phones.
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 Low self-discharge NiMH 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.
On November 24, 2006, Sanyo announced heavy losses and job cuts.
Tomoyo Nonaka, a former NHK anchorwoman who was appointed chairwoman of the company, stepped down in March 2007.The President, Toshimasa Iue, also stepped down in April of that year; Seiichiro Sano was appointed to head the company effective April 2007. In October 2007, Sanyo cancelled a 110 billion yen sale of its semiconductor business, blaming the global credit crisis for the decision and stating that after exploring its other options, it had decided to keep the business and develop it as part of its portfolio.
In 2008, Sanyo's mobile phone division was acquired by Kyocera.
On November 2, 2008, Sanyo and Panasonic announced that they have agreed on the main points of a proposed buyout that would make Sanyo a subsidiary of Panasonic.They became a subsidiary of Panasonic on December 21, 2009.
In 2010, Sanyo sold its semiconductor operations to ON Semiconductor.
On July 29, 2010, Panasonic reached an agreement to acquire the remaining shares of Panasonic Electric Works and Sanyo shares for $9.4 billion.
By March 2012, parent company Panasonic plans to terminate the Sanyo brand, however it will remain on some of the products where the Sanyo brand still holds value to consumers.
In August 2013, a 51% majority stake in Chinese company Hefei Royalstar Sanyo, a 2000 joint venture between Japanese Sanyo and Chinese government investment company Hefei, was purchased by American multinational manufacturer Whirlpool Corporation for $552 million.
Sanyo is sometimes known for its impressive thermal management sector, San Ace, which makes tremendous DC fans with extreme speed, enormous airflow, overpowering static pressure and power. As of October 2020, San Ace holds the world record for the fastest speed and highest static pressure of various dimensions and models. Some notable ones are the 40 millimetres (1.6 in), the 40 millimetres (1.6 in) contra-rotating and the 80 millimetres (3.1 in) case fans. The 40mm was invented in May 2020 and is a 12V 31.2W fan spins to 38,000 RPM and gives a static pressure of 2.3 kilopascals (0.33 psi); The 40mm contra rotating was invented in August 2020, a 12V 37.2W contra-rotating fan that rotates at 36,200 (inlet) and 32,000 (outlet) RPM in opposite directions respectively, creating a static pressure of 2.4 kilopascals (0.35 psi); The 80mm is a 12V 57.6W fan that spins 18,300 RPM and creates a static pressure of 1.6 kilopascals (0.23 psi).
The Sanyo HIT (Heterojunction with Intrinsic Thin layer) solar cell is composed of a mono thin crystalline silicon wafer surrounded by ultra-thin amorphous silicon layers.
Sanyo Energy opened its solar module assembly plants in Hungary and in Mexico in 2004, and in 2006 it produced solar modules worth $213 million. In 2007, Sanyo completed a new unit at its solar module plant in Hungary that was to triple its annual capacity to 720,000 units in 2008.
Plans to expand production were based on rising demands for Sanyo Hungary products, whose leading markets are Germany, Italy, Spain and Scandinavia. The plant at Dorog, outside Budapest, became Sanyo's largest solar module production facility in the world. Germany, Italy, Spain and the Scandinavian countries. The plant at Dorog, outside Budapest, will be Sanyo Electric's largest facility producing solar modules in the entire world.
In late September 2008, Sanyo announced its decision to build a manufacturing plant for solar ingots and wafers (the building blocks for silicon solar cells) in Inagi, Japan. The plant began operating in October 2009 and was to reach its full production capacity of 70 megawatts (MW) of solar wafers per year by April 2010. Sanyo and Nippon Oil decided to launch a joint company, known as Sanyo Eneos Solar Co., Ltd., for the production and sale of thin-film solar panels. The new joint company began production and sales at an initial scale of 80 MW, while gradually increasing its production capacity. For this joint project, Sanyo drew on its solar cell technologies, based on the technology acquired through the development of the HIT solar cell.
Sanyo is also responsible for the construction of the Solar Ark.In late September 2008, Sanyo Electric Company, Ltd. announced its decision to build a manufacturing plant for solar ingots and wafers (the building blocks for silicon solar cells) in Inagi, Tokyo. The plant will begin operating in October 2009 and will reach its full production capacity of 70 megawatts (MW) of solar wafers per year by April 2010. Sanyo and Nippon Oil have decided to launch a joint company for the production and sale of thin-film solar panels, to be named Sanyo Eneos Solar Co., Ltd. The new joint company will start production and sales at an initial scale of 80 MW and gradually increase its production capacity. For this joint project, Sanyo will draw on its solar cell technologies, based on the technology acquired through the development of the HIT Solar Cell.
Sanyo Electric is also responsible for the construction of the Solar Ark.
Sanyo pioneered the production of nickel cadmium batteries in 1964, nickel metal hydride batteries (NiMh) in 1990, lithium-ion batteries in 1994, and lithium polymer batteries in 1999. [ better source needed ]In 2000, it acquired Toshiba's NiMh business, including the Takasaki factory. Since the acquisition of Sanyo by Panasonic, ownership of the Takasaki factory was transferred to the FDK Corporation.
Sanyo supplies NiMh batteries to Honda, Ford, Volkswagen and PSA Peugeot Citroen. Sanyo is developing NiMH batteries for hybrid electric vehicles with the Volkswagen group, while their lithium-ion batteries for plug-in HEV will also be housed in Suzuki fleet vehicles.
Sanyo planned to raise monthly production of NiMH batteries for hybrid vehicles from 1 million units to up to 2.5 million by the end of fiscal 2005.
Panasonic reintroduced the Sanyo brand in India, with the launch of Sanyo LED TV range on August 8, 2016.On July 11, 2017, Sanyo launched its range of smart TVs on Amazon Prime Day. In August 2017, Sanyo unveiled its NXT range of LED televisions exclusively on Flipkart. In December 2017, Sanyo introduced its first 4K smart TV range in India.
In September 2019, Sanyo introduced a range of Android TV sets known as the Sanyo Kaizen Series.
Sanyo worked with Energy Efficiency Services Limited to develop a 1.5-ton inverter air conditioner (AC) with an Indian Seasonal Energy Efficiency Ratio (ISEER) of 5.2. Distribution of these air conditioners began in September 2017.
On April 4, 2019, Sanyo launched a new AC range exclusively on Amazon.
Though founded in Japan, Sanyo has sold TVs in America for over 50 years; Sanyo TV USA was headquartered in San Diego, California with facilities located in Tijuana, Mexico. Because of its relatively high price compared to competitors, Sanyo competes on quality and value.
Many of Sanyo's television sets offer MHL compatibility along with Roku-ready branding via HDMI, meaning the TVs are compatible with Roku's MHL-specific streaming stick. Sometimes included with purchase, such as with the Sanyo FVF5044,this stick enables video streaming and other online functions as an affordable alternative to certain smart TVs; the TV's original remote is capable of browsing the service. Multiple models also have USB ports which allow for immediate photo sharing directly off the stick without any additional software/upgrades.
In October 2014, Panasonic announced its intent to transfer the Sanyo TV unit to Funai in the US market in return for annual royalty payments. Funai is a major Walmart supplier that also supplies Philips and Emerson TV sets to the retail chain.Consumer Reports commented in 2018 that Sanyo TVs "seem to turn up mostly in Walmart stores, almost as a private label for the retailer."
Sanyo was the primary sponsor of the Penrith Panthers in the National Rugby League in Australia from 2000 to 2012.In Formula One, the company backed Benetton from 1989 to 1995, Williams from 1995 to 1997 and Stewart Grand Prix in 1997.
A nickel metal hydride battery is a type of rechargeable battery. The chemical reaction at the positive electrode is similar to that of the nickel–cadmium cell (NiCd), with both using nickel oxide hydroxide (NiOOH). However, the negative electrodes use a hydrogen-absorbing alloy instead of cadmium. NiMH batteries can have two to three times the capacity of NiCd batteries of the same size, with significantly higher energy density, although much less than lithium-ion batteries.
Toshiba Corporation is a Japanese multinational conglomerate headquartered in Minato, Tokyo. Its diversified products and services include power, industrial and social infrastructure systems, elevators and escalators, electronic components, semiconductors, hard disk drives (HDD), printers, batteries, lighting, as well as IT solutions such as quantum cryptography. It was one of the biggest manufacturers of personal computers, consumer electronics, home appliances, and medical equipment. As a semiconductor company and the inventor of flash memory, Toshiba had been one of the top 10 in the chip industry until its flash memory unit was spun off as Toshiba Memory, later Kioxia, in the late 2010s.
Panasonic Corporation, formerly Matsushita Electric Industrial Co., Ltd. is a major Japanese multinational electronics corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer. In addition to consumer electronics of which it was the world's largest maker in the late 20th century, Panasonic offers a wide range of products and services, including rechargeable batteries, automotive and avionic systems, industrial systems, as well as home renovation and construction.
Kyocera Corporation is a Japanese multinational ceramics and electronics manufacturer headquartered in Kyoto, Japan. It was founded as Kyoto Ceramic Company, Limited in 1959 by Kazuo Inamori and renamed in 1982. It manufactures industrial ceramics, solar power generating systems, telecommunications equipment, office document imaging equipment, electronic components, semiconductor packages, cutting tools, and components for medical and dental implant systems.
Quasar is an American brand of electronics, first used by Motorola in 1967 for a model line of transistorized color televisions. These TVs were marketed as containing all serviceable parts in a drawer beside the picture tube. It was then established as a subsidiary brand, with all Motorola-manufactured televisions being sold as Quasar by Motorola. Motorola sold its television business to Matsushita Electric, now Panasonic, in 1974 who continued producing and marketing televisions under the Quasar brand until 2005. In 2013 Panasonic re-registered the Quasar trademark.
The Japanese electronics industry is one of the largest in the world, though the share of Japanese electronics companies has significantly declined from its peak due to competition from South Korea, Taiwan, China, and the United States. Japan still has a number of companies that produce television, camcorders, audio and video players, etc.
Energy Conversion Devices (ECD) was an American photovoltaics manufacturer of thin-film solar cells made of amorphous silicon used in flexible laminates and in building-integrated photovoltaics. The company was also a manufacturer of rechargeable batteries and other renewable energy related products. ECD was headquartered in Rochester Hills, Michigan.
Primearth EV Energy Co., Ltd. is a Japanese manufacturer of prismatic nickel–metal hydride (NiMH) and lithium-ion battery packs for hybrid electric vehicles, located in Shizuoka Prefecture, Japan. PEVE's products had been solely based on NiMH until early 2011 when the company has started mass production of Li-ion battery.
Fisher Electronics was an American company specialising in the field of hi-fi electronics. The company and the name was bought by Japanese electronics conglomerate Sanyo in 1975.
The Solar Ark (ソーラーアーク) is a Japanese ark-shaped solar photovoltaic power generation facility which offers activities to cultivate a better appreciation of solar power generation, and thereby benefitting both ecology and science. This 315-meter-wide, 37-meter-tall facility is located in Anpachi, Gifu Prefecture, in the geographical center of Japan, and can be seen from the JR Tōkaidō bullet train, which runs past on an adjacent railway. It has over 5000 panels that produce approximately 530,000 kilowatt-hours on an annual basis and a maximum system power of 630 kilowatts.
Cobasys LLC supplies nickel metal hydride (NiMH) batteries, battery control systems, and packaged solutions for automotive applications, uninterruptable power supplies, telecommunications applications, and distributed power generation. For 8 years ending in 2009, Cobasys was a 50-50 joint venture between California-based Chevron Corporation and Michigan-based Energy Conversion Devices, Inc. The intermediary hierarchy of ownership was that Cobasys LLC was owned by Chevron's subsidiary Chevron Technology Ventures LLC, and ECD Ovonics' subsidiary Ovonic Battery Company. Cobasys spent $180 million in funding from Chevron Technology Ventures, and the two owners were unable to agree on further funding of the company. After arbitration between the owners had stalled, a buyer was found.
Eneloop is a brand of 1.2-volt low self-discharge nickel–metal hydride (NiMH) rechargeable batteries and accessories developed by Sanyo and introduced in 2005. The brand is presently owned by Panasonic after their takeover of Sanyo.
Tomoyo Nonaka is a television personality and businesswoman from Japan. She was the CEO of Sanyo Electric from 2005 to 2007.
The patent encumbrance of large automotive NiMH batteries refers to allegations that corporate interests have used the patent system to prevent the commercialization of nickel metal hydride (NiMH) battery technology. Nickel metal hydride battery technology was considered important to the development of battery electric vehicles, plug-in hybrid electric vehicles (PHEVs) and hybrid electric vehicles (HEVs) before the technology for lithium-ion battery packs became a viable replacement.
Sharp Corporation is a Japanese multinational corporation that designs and manufactures electronic products, headquartered in Sakai-ku, Sakai, Osaka Prefecture. Since 2016 it has been majority owned by the Taiwan-based Foxconn Group. Sharp employs more than 50,000 people worldwide. The company was founded in September 1912 in Tokyo and takes its name from one of its founder's first Ever-Sharp mechanical pencil, which was invented by Tokuji Hayakawa in 1915.
Tesla Giga Nevada is a lithium-ion battery and electric vehicle component factory in Storey County, Nevada. The facility, located east of Reno, is owned and operated by Tesla, Inc., and supplies the battery packs for the company's electric vehicles. If fully built out, the building will have the largest footprint in the world.
Howard Philip Ladd was an electrical engineer, inventor, marketer, entrepreneur and bank founder. Ladd was a pioneering giant in American and international consumer audio and video electronics.
Two years ago, Panasonic agreed to license the Sanyo TV brand to Funai. Today, Sanyo TVs seem to turn up mostly in Walmart stores, almost as a private label for the retailer.
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