Sanyo announces representative director Satoshi Iue's resignation

OSAKA, Japan - Sanyo Electric Co. on Jan. 25 announced its representative director Satoshi Iue's (file photo) resignation to take the blame for the company's poor performance. The resignation of Iue was apparently decided in response to calls for resignation from financial institutions which plan to infuse capital into the struggling electronics company.

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2006/1/25 00:00:00

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Kyodo / Kyodo News Images

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2006 Kyodo News

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