SANYO Electric Co., Ltd. is a major electronics company and member of the Fortune 500 whose headquarters is located in Moriguchi, Osaka prefecture, Japan. Sanyo targets the middle of the market and has over 230 Subsidiaries and Affiliates. On December 21, 2009, Panasonic completed a 400 billion yen acquisition of a 50.2% stake in Sanyo, making Sanyo a subsidiary of Panasonic. In July 2010, Panasonic announced that they would acquire the remaining shares of Sanyo. Sanyo Electric is also responsible for the construction of the Solar Ark. Sanyo utilizes an extensive socialization process for... new employees, so that they will be acclimatized to Sanyo's corporate culture. New employees take a five-month course during which they eat together and share company-provided sleeping accommodation. They learn everything from basic job requirements to company expectations for personal grooming and the appropriate way in which to address their coworkers and superiors.
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| NASDAQ symbol: | SANYY |
| Founded: | April 1, 1950 |
| Headquarters: | Moriguchi, Japan |
| Industries: | Semiconductor Manufacture |