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Acquired by Panasonic
- In 2009, Sanyo was acquired by Panasonic, and in 2011, it was fully consolidated into Panasonic and its brand disappeared. The company still exists as a legal entity for the purpose of winding up its affairs.
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When did Sanyo start?
In 1950, the company was established. Sanyo began to diversify in the 1960s, having launched Japan's first spray-type washing machine in 1953. In the 2000s, it was known as one of the 3S along with Sony and Sharp. Sanyo also focused on solar cell and lithium battery businesses.
May 4, 2017 · Sanyo was told to replace it with a modern LED display, which allows for moving images. The company said it "didn't feel the need to change it for economic reasons." Sanyo's sign went dark in...
Mar 19, 2022 · Sanyo: Several years ago, Panasonic—another high-profile brand that has exited the U.S. TV market—agreed to license the Sanyo TV brand to Funai.
Nov 26, 2008 · Panasonic’s bid to buy Japanese rival Sanyo Electric – which would have created Japan’s biggest electronics group – is near collapse after Goldman Sachs, one of Sanyo’s three controlling...
- Gwen Robinson
Osaka, Japan - Panasonic Corporation announced today that it has completed acquisition of a majority of the voting stock of SANYO Electric Co., Ltd. With this acquisition, SANYO has become a consolidated subsidiary of Panasonic and will continue pursuing its business as a Panasonic Group company.
Panasonic of Japan, which closed its tender offer for Sanyo Electric on Wednesday, said it has acquired 50.19 percent of the world’s largest rechargeable battery maker in a deal worth $4.6...
Sep 1, 2021 · In 2010, Panasonic acquired the remaining shares in the company and decided the brand name of Sanyo will be terminated. But today there are still some electronics where the brand name of Sanyo is valuable. About the Founder. Toshio Lue, before becoming the founder of Sanyo Electric, worked at Matsushita Electric Work in a growth and development ...
