Sanyo

Sanyo Electric Co., Ltd. (三洋電機株式会社 San'yō Denki Kabushiki-gaisha?) is a Japanese major 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.[2] Sanyo was founded by Toshio Lue.

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.[3][4] In July 2010, Panasonic announced that it would acquire the remaining shares of Sanyo.

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