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Sanyo approves Iue's resignation, Sano to become new president

OSAKA, Japan - Sanyo Electric Co. President Toshimasa Iue (L) and Vice President Seiichiro Sano at a news conference in Moriguchi, Osaka Prefecture on March 28, where Iue announced that Sano will take over his job on April 1. The move puts an end to the founding family-led management of Sanyo's 60-year history.

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Sanyo expects net loss for 3rd straight year, 2,200 jobs to be cut

TOKYO, Japan - Sanyo Electric Co. President Toshimasa Iue announces a major downward revision of the company's earnings estimate for the current fiscal year at a press conference in Tokyo on Nov. 24.

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Sanyo Electric remains in red with bigger loss in FY 2005

TOKYO, Japan - Sanyo Electric Co. President Toshimasa Iue speaks at a press conference in Tokyo on May 18. He said the Osaka-based consumer electronics company fell deeper into the red in fiscal 2005, incurring a consolidated net loss of 205.66 billion yen in the year ended in March.

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Sanyo to stop developing advanced organic EL displays with Kodak

OSAKA, Japan - Tomoyo Nonaka (L), chairwoman of Sanyo Electric Co., speaks at a press conference at the company's head office in Moriguchi, Osaka Prefecture, on Jan. 31. At right is President Toshimasa Iue.

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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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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. CEO and Chairman Tomoyo Nonaka (C) answers questions as President Toshimasa Iue (R) listens at a press conference at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company said it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005.

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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. President Toshimasa Iue is surrounded by reporters as he leaves a press conference room at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company told the press conference it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005.

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Sanyo Electric releases restructuring plan

OSAKA, Japan - Tomoyo Nonaka (L), chairman of Sanyo Electric Co., and President Toshimasa Iue hold a press conference at the company headquarters Sept. 28. Sanyo released details of its restructuring plan ranging from the closure of factories in Japan and China and delisting of its shares from European stock exchanges to selling or securitization of assets, including its headquarters.

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Sanyo to shut 20% of plants in Japan in 3 years

MORIGUCHI, Japan - Sanyo Electric Co. Chairwoman Tomoyo Nonaka announces a new management plan at a press conference in Moriguchi, Osaka Prefecture, on July 5 as President Toshimasa Iue (fore) listens.

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(1)Sanyo Electric appoints journalist Nonaka as chairwoman, CEO

OSAKA, Japan - Sanyo Electric Co., which suffered its biggest group net loss in the just-ended fiscal year, said April 8 it will appoint freelance journalist and television celebrity Tomoyo Nonaka (L) as its new chairwoman and chief executive officer. Sanyo will also appoint Vice President Toshimasa Iue (R) to succeed Yukinori Kuwano as president.

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Sanyo Electric reshuffles top management to curb losses

OSAKA, Japan - Satoshi Iue (L), the chairman of Sanyo Electric Co., speaks at a news conference about the reshuffle of the company's top management at a hotel in Osaka on April 8, with freelance journalist Tomoyo Nonaka (C) and Vice President Toshimasa Iue attending. Nonaka will become chairman, and Toshimasa Iue, the eldest son of Satoshi Iue, will be the new president.

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Sanyo Electric to enhance overseas marketing plan

OSAKA, Japan - Sanyo Electric Co. Chairman Satoshi Iue briefs reporters in Osaka on March 12 on a plan to strengthen the company's overseas marketing.

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Sanyo signs tie-up with China's Haier Group

OSAKA, Japan - Sanyo Electric Co. Chairman Satoshi Iue (C) shake hands with Haier Group Co. CEO Zhang Ruimin (R) and COO Yang Mianmian (L) at a news conference in Osaka on Jan. 8 after signing a wide-ranging business tie-up with China's largest home appliance manufacturer.

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(1)Sanyo Electric appoints journalist Nonaka as chairwoman, CEO

OSAKA, Japan - Sanyo Electric Co., which suffered its biggest group net loss in the just-ended fiscal year, said April 8 it will appoint freelance journalist and television celebrity Tomoyo Nonaka (L) as its new chairwoman and chief executive officer. Sanyo will also appoint Vice President Toshimasa Iue (R) to succeed Yukinori Kuwano as president. (Kyodo)

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Sanyo to shut 20% of plants in Japan in 3 years

MORIGUCHI, Japan - Sanyo Electric Co. Chairwoman Tomoyo Nonaka announces a new management plan at a press conference in Moriguchi, Osaka Prefecture, on July 5 as President Toshimasa Iue (fore) listens. (Kyodo)

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Sanyo Electric releases restructuring plan

OSAKA, Japan - Tomoyo Nonaka (L), chairman of Sanyo Electric Co., and President Toshimasa Iue hold a press conference at the company headquarters Sept. 28. Sanyo released details of its restructuring plan ranging from the closure of factories in Japan and China and delisting of its shares from European stock exchanges to selling or securitization of assets, including its headquarters. (Kyodo)

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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. President Toshimasa Iue is surrounded by reporters as he leaves a press conference room at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company told the press conference it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005. (Kyodo)

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Sanyo to suffer huge loss, cut back on home appliances

OSAKA, Japan - Sanyo Electric Co. CEO and Chairman Tomoyo Nonaka (C) answers questions as President Toshimasa Iue (R) listens at a press conference at the company head office in Moriguchi, Osaka Prefecture, on Nov. 18. The company said it will substantially reduce the size of its divisions making semiconductors and ''white goods'' such as refrigerators as it expects to incur a group net loss of 233 billion yen for fiscal 2005. (Kyodo)

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Sanyo announces representative director Satoshi Iue's resignatio

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. (Kyodo)

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Sanyo to stop developing advanced organic EL displays with Kodak

OSAKA, Japan - Tomoyo Nonaka (L), chairwoman of Sanyo Electric Co., speaks at a press conference at the company's head office in Moriguchi, Osaka Prefecture, on Jan. 31. At right is President Toshimasa Iue. (Kyodo)

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Sanyo Electric remains in red with bigger loss in FY 2005

TOKYO, Japan - Sanyo Electric Co. President Toshimasa Iue speaks at a press conference in Tokyo on May 18. He said the Osaka-based consumer electronics company fell deeper into the red in fiscal 2005, incurring a consolidated net loss of 205.66 billion yen in the year ended in March. (Kyodo)

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Sanyo expects net loss for 3rd straight year, 2,200 jobs to be c

TOKYO, Japan - Sanyo Electric Co. President Toshimasa Iue announces a major downward revision of the company's earnings estimate for the current fiscal year at a press conference in Tokyo on Nov. 24. (Kyodo)

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Sanyo approves Iue's resignation, Sano to become new president

OSAKA, Japan - Sanyo Electric Co. President Toshimasa Iue (L) and Vice President Seiichiro Sano at a news conference in Moriguchi, Osaka Prefecture on March 28, where Iue announced that Sano will take over his job on April 1. The move puts an end to the founding family-led management of Sanyo's 60-year history. (Kyodo)

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Sanyo Electric reshuffles top management to curb losses

OSAKA, Japan - Satoshi Iue (L), the chairman of Sanyo Electric Co., speaks at a news conference about the reshuffle of the company's top management at a hotel in Osaka on April 8, with freelance journalist Tomoyo Nonaka (C) and Vice President Toshimasa Iue attending. Nonaka will become chairman, and Toshimasa Iue, the eldest son of Satoshi Iue, will be the new president. (Kyodo)

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Sanyo signs tie-up with China's Haier Group

OSAKA, Japan - Sanyo Electric Co. Chairman Satoshi Iue (C) shake hands with Haier Group Co. CEO Zhang Ruimin (R) and COO Yang Mianmian (L) at a news conference in Osaka on Jan. 8 after signing a wide-ranging business tie-up with China's largest home appliance manufacturer.

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Journalist Nonaka becomes Sanyo Electric's chairperson

Freelance journalist Tomoyo Nonaka (R), an outside board member of Sanyo Electric Co., speaks at a press conference in Osaka on April 8, 2005, as she takes over the chairperson's post from Satoshi Iue. (Kyodo) ==Kyodo

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Sanyo Electric to enhance overseas marketing plan

OSAKA, Japan - Sanyo Electric Co. Chairman Satoshi Iue briefs reporters in Osaka on March 12 on a plan to strengthen the company's overseas marketing. (Kyodo)

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Sanyo, Maytag announce comprehensive business tie-up

OSAKA, Japan - Lloyd Ward (L), chief executive officer of Maytag Corp. of the United States, and Satoshi Iue, chairman of Sanyo Electric Co. of Japan, hold a news conference in Osaka on Feb. 14, where they announced a comprehensive alliance in the field of household electrical appliances.