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Sanyo electric fan caused fire, killing couple in Tokyo

Sanyo electric fan caused fire, killing couple in Tokyo

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., bows in apology during a press conference in Osaka on Aug. 23. Sano announced that an old electric fan made by Sanyo Electric Co. around 1970 caused a fire in Tokyo's Adachi Ward on Aug. 20, killing a couple.

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae pose for photos ahead of a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses.

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (R) speaks during a news conference attended by Sanyo Electric Co. President Seiichiro Sano in Osaka on July 29, 2010. Panasonic announced it will make Sanyo Electric and Panasonic Electric Works Co. wholly owned units in a bid to bolster its environmental and energy-related businesses.

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae (R) attend a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses.

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae join hands ahead of a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses.

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Panasonic gets 50.19% stake in Sanyo in successful tender offer

Panasonic gets 50.19% stake in Sanyo in successful tender offer

OSAKA, Japan - Fumio Otsubo (L), president of Panasonic Corp., and Seiichiro Sano, president of Sanyo Electric Co., shake hands during a press conference in Osaka on Dec. 10, 2009, at which they announced that Panasonic has acquired a 50.19 percent stake in Sanyo for 403.78 billion yen, completing a tender offer that will create one of the world's largest consumer electronics conglomerates.

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Sanyo Electric logs 93.2 billion yen net loss in FY 2008

Sanyo Electric logs 93.2 billion yen net loss in FY 2008

TOKYO, Japan - Sanyo Electric Co. President Seiichiro Sano speaks during a news conference in Osaka on May 14. Sano said the company fell into the red in fiscal 2008 for the first time in two years with a group net loss of 93.23 billion yen in the year ended in March due to slumping sales of electronic devices amid the worldwide economic recession.

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Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

OSAKA, Japan - Panasonic Corp. President Fumio Ohtsubo (L) and Sanyo Electric Co. President Seiichiro Sano give a news conference in Osaka on Dec. 19 at which they announced that Panasonic will launch a tender offer to acquire a stake of around 70.5 percent in Sanyo from three major shareholders for 131 yen per share.

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Panasonic to turn Sanyo Electric into subsidiary

Panasonic to turn Sanyo Electric into subsidiary

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (L) and Sanyo Electric Co. President Seiichiro Sano (R) shake hands during a joint press conference in Osaka on Nov. 7. The two companies said they will begin talks on forming a capital and business alliance with the aim of turning Sanyo Electric into a Panasonic subsidiary.

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Sanyo returns to black in FY 2007 for 1st time in 4 years

Sanyo returns to black in FY 2007 for 1st time in 4 years

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's group earnings report for fiscal 2007 at a hotel in Osaka on May 22. Sanyo returned to the black for the first time in four years due to robust sales of rechargeable batteries and digital cameras.

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Sanyo corrects earnings for past 7 years

Sanyo corrects earnings for past 7 years

OSAKA, Japan - Sanyo Electric Co. President Seiichiro Sano (R) and Vice President Koichi Maeda (L) apologize at a news conference in Osaka on Dec. 25. The struggling consumer electronics maker corrected its unconsolidated earnings for the past seven years, prompting the Tokyo and Osaka stock exchanges to allege Sanyo's past earnings reports to be false and transfer Sanyo to the supervision post for possible delisting.

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Aeon, Sanyo to develop home appliances for sale under Aeon brand

Aeon, Sanyo to develop home appliances for sale under Aeon brand

TOKYO, Japan - Seiichiro Sano (L), president of Sanyo Electric Co., and Motoya Okada, president of Aeon Co., shake hands at a Tokyo hotel on Nov. 28 after a press conference. They announced the two companies will jointly develop home electronics products to be sold under Aeon's private brand Topvalu.

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Sanyo to focus on battery business to double profit in FY 2010

Sanyo to focus on battery business to double profit in FY 2010

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's midterm business plan at a news conference in Osaka on Nov. 27.

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Sanyo to focus on battery business to double profit in FY 2010

Sanyo to focus on battery business to double profit in FY 2010

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's midterm business plan at a news conference in Osaka on Nov. 27.

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

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 approves Iue's resignation, Sano to become new president

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 fan caused fire, killing couple in Tokyo

Sanyo electric fan caused fire, killing couple in Tokyo

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., bows in apology during a press conference in Osaka on Aug. 23. Sano announced that an old electric fan made by Sanyo Electric Co. around 1970 caused a fire in Tokyo's Adachi Ward on Aug. 20, killing a couple. (Kyodo)

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Sanyo to focus on battery business to double profit in FY 2010

Sanyo to focus on battery business to double profit in FY 2010

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's midterm business plan at a news conference in Osaka on Nov. 27. (Kyodo)

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Sanyo to focus on battery business to double profit in FY 2010

Sanyo to focus on battery business to double profit in FY 2010

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's midterm business plan at a news conference in Osaka on Nov. 27. (Kyodo)

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Aeon, Sanyo to develop home appliances for sale under Aeon brand

Aeon, Sanyo to develop home appliances for sale under Aeon brand

TOKYO, Japan - Seiichiro Sano (L), president of Sanyo Electric Co., and Motoya Okada, president of Aeon Co., shake hands at a Tokyo hotel on Nov. 28 after a press conference. They announced the two companies will jointly develop home electronics products to be sold under Aeon's private brand Topvalu. (Kyodo)

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Sanyo corrects earnings for past 7 years

Sanyo corrects earnings for past 7 years

OSAKA, Japan - Sanyo Electric Co. President Seiichiro Sano (R) and Vice President Koichi Maeda (L) apologize at a news conference in Osaka on Dec. 25. The struggling consumer electronics maker corrected its unconsolidated earnings for the past seven years, prompting the Tokyo and Osaka stock exchanges to allege Sanyo's past earnings reports to be false and transfer Sanyo to the supervision post for possible delisting. (Kyodo)

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Sanyo returns to black in FY 2007 for 1st time in 4 years

Sanyo returns to black in FY 2007 for 1st time in 4 years

OSAKA, Japan - Seiichiro Sano, president of Sanyo Electric Co., speaks about the company's group earnings report for fiscal 2007 at a hotel in Osaka on May 22. Sanyo returned to the black for the first time in four years due to robust sales of rechargeable batteries and digital cameras. (Kyodo)

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Panasonic to turn Sanyo Electric into subsidiary

Panasonic to turn Sanyo Electric into subsidiary

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (L) and Sanyo Electric Co. President Seiichiro Sano (R) shake hands during a joint press conference in Osaka on Nov. 7. The two companies said they will begin talks on forming a capital and business alliance with the aim of turning Sanyo Electric into a Panasonic subsidiary. (Kyodo)

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Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

Panasonic to buy 70.5% stake in Sanyo from 3 shareholders

OSAKA, Japan - Panasonic Corp. President Fumio Ohtsubo (L) and Sanyo Electric Co. President Seiichiro Sano give a news conference in Osaka on Dec. 19 at which they announced that Panasonic will launch a tender offer to acquire a stake of around 70.5 percent in Sanyo from three major shareholders for 131 yen per share. (Kyodo)

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Sanyo Electric logs 93.2 billion yen net loss in FY 2008

Sanyo Electric logs 93.2 billion yen net loss in FY 2008

TOKYO, Japan - Sanyo Electric Co. President Seiichiro Sano speaks during a news conference in Osaka on May 14. Sano said the company fell into the red in fiscal 2008 for the first time in two years with a group net loss of 93.23 billion yen in the year ended in March due to slumping sales of electronic devices amid the worldwide economic recession. (Kyodo)

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae (R) attend a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses. (Kyodo)

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (R) speaks during a news conference attended by Sanyo Electric Co. President Seiichiro Sano in Osaka on July 29, 2010. Panasonic announced it will make Sanyo Electric and Panasonic Electric Works Co. wholly owned units in a bid to bolster its environmental and energy-related businesses. (Kyodo)

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae join hands ahead of a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses. (Kyodo)

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Panasonic to make 2 subsidiaries wholly owned units

Panasonic to make 2 subsidiaries wholly owned units

OSAKA, Japan - Panasonic Corp. President Fumio Otsubo (C), Sanyo Electric Co. President Seiichiro Sano (L) and Panasonic Electric Works Co. President Shusaku Nagae pose for photos ahead of a news conference in Osaka on July 29, 2010. Panasonic announced it will make the two subsidiaries wholly owned units in a bid to bolster its environmental and energy-related businesses. (Kyodo)

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Ito to be Sanyo Electric president

Ito to be Sanyo Electric president

TOKYO, Japan - Undated file photo shows Masato Ito, a board director of Sanyo Electric Co. Ito is set to replace Sanyo Electric President Seiichiro Sano by the end of 2011, sources close to the matter said Oct. 31, 2011. Sanyo's parent firm Panasonic Corp. is planning a major organizational realignment in January 2012. (Kyodo)

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Sanyo Electric President Sano

Sanyo Electric President Sano

TOKYO, Japan - Undated file photo shows Sanyo Electric Co. President Seiichiro Sano. Sano is set to resign by the end of 2011, succeeded by Masato Ito, a board director, before a planned major organizational realignment by its parent firm Panasonic Corp. in January 2012, sources close to the matter said Oct. 31, 2011. (Kyodo)

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Panasonic gets 50.19% stake in Sanyo in successful tender offer

Panasonic gets 50.19% stake in Sanyo in successful tender offer

OSAKA, Japan - Fumio Otsubo (L), president of Panasonic Corp., and Seiichiro Sano, president of Sanyo Electric Co., shake hands during a press conference in Osaka on Dec. 10, 2009, at which they announced that Panasonic has acquired a 50.19 percent stake in Sanyo for 403.78 billion yen, completing a tender offer that will create one of the world's largest consumer electronics conglomerates. (Kyodo)

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