WIRE REPORTS

Parking Lots With Solar Panel Roofs Charge Electric Bikes AHN | All Headline News Tokyo, Japan (AHN) - Japanese electronics giant Sanyo Electric Co. Ltd. has opened two parking lots with solar panel roofs to charge bicycles powered by its ... and more » The Japan Times Panasonic's 3-D gamble pays off in US The Japan Times ¥80 billion target BLOOMBERG Panasonic Corp., which acquired a controlling stake in battery maker Sanyo Electric Co. in December, may boost annual profits ... and more » 'Solar Bicycle Parking' Begins Operation in Tokyo Tech-On English ... be charged because of bad weather, said Sanyo Electric Co Ltd, which provided the PV power system, the rechargeable battery system and the bicycles. ... and more » Tokyo stocks rebound sharply on central bank's policy move People's Daily Online Sanyo Electric Co. Ltd. gained 2.04 percent to 150 yen, whilst NEC Corp. climbed 2.31 percent to 266 yen. Hitachi Ltd. closed up 2.48 percent to 2229 yen. ... and more » Focus Taiwan News Channel International bicycle show opens in Taipei Focus Taiwan News Channel ... be showing their products at the show, and Taiwan-based CMC Motor and Japan's Sanyo Electric Co. will display their newly developed electric bicycles. ... and more » Rongshida Sanyo wins investors' interest China Daily Shares of Hefei Rongshida Sanyo Electric Co Ltd closed up 7.94 percent Tuesday, leading the household appliance board, ... Major Japanese manufacturers to implement automatic annual pay hikes Mainichi Daily News ... Sharp Corp., Sanyo Electric Co., Hitachi Ltd., Toshiba Corp., Mitsubishi Electric Corp., Nippon Steel Corp. and Kobe Steel Ltd. Nissan Motor Co., ... and more » Gulf health sector set to grow 20% in 2010 Middle East North Africa Financial Network SANYO which has had a presence in the Middle East since 1964 established the SANYO Gulf FZE, a fully owned subsidiary of SANYO Electric Co., Ltd., ... Panasonic May Gain More Profit From Sanyo Acquisition BusinessWeek March 17 (Bloomberg) -- Panasonic Corp., which acquired a controlling stake in battery maker Sanyo Electric Co. in December, ... and more » Sanyo sets up solar parking lots for bikes 英文中國郵報 The concept is a “completely independent and clean system eliminating the use of fossil fuels”, said Sanyo Electric Co, which has emerged as a leader in ...

DAILY REPORTS

Jan 9 Sanyo rolls electric bicycles into US market Japanese electric bicycle titan Sanyo thinks that notoriously car-loving folks in the United States are prime for pedal power. Eneloop "pedal-assist" bicycles that had been exclusively available in Japan made a US debut at the Consumer Electronics Show in Las Vegas, where attendees got to saddle-up and ride in a carpeted casino hotel ballroom. (AFP) Jan 9 Panasonic plotting green tack Panasonic Corp. said Friday it plans to boost sales and domestic and international competitiveness by expanding green technology products. Company President Fumio Otsubo disclosed green-related targets, including plans to invest 100 billion yen from fiscal 2010 to 2015 to increase solar cell production at Sanyo Electric Co., which recently become part of Panasonic. (Japan Times) Dec 11 Panasonic's purchase of Sanyo may spur more battery takeovers Panasonic Corp.'s $4.6 billion purchase of Sanyo Electric Co. may spur a wave of takeovers of rival electric-car battery makers as automakers seek to avoid depending on a limited pool of suppliers, analysts said. Panasonic yesterday said it bought 50.2 percent of Sanyo a year after announcing its plans. The acquisition gives the electronics maker a controlling stake in the world's biggest maker of lithium-ion batteries, strengthening its position in a market that the company forecasts will grow more than fivefold to 3.2 trillion yen ($36 billion) by 2018. (Bloomberg) Dec 10 Panasonic's green leap a test for Japan Panasonic Corp., though dogged by repeated delays, finally announced Thursday it acquired a 50.19 percent stake in smaller Sanyo Electric Co. for ¥403.78 billion as it makes headway in its transition into a green consumer electronics giant that can remain globally competitive in the decades ahead. (Japan Times) Dec 9 Panasonic's Sanyo tender offer succeeds Panasonic Corp. has successfully completed its tender offer for Sanyo Electric Co. shares, paving the way for turning its smaller rival into a subsidiary this month, sources said Wednesday. The deal should result in creation of one of the world's largest consumer electronics conglomerates. (Japan Times) Dec 3 Sanyo wins first lithium-ion car battery customers Sanyo Electric, the world's biggest maker of rechargeable batteries, has won at least two customers for its lithium-ion batteries to fuel plug-in hybrid vehicles, an executive said. The company will start supplying the batteries to automakers, including a Japanese and a foreign carmaker, as early as in the latter half of 2011. (NewsWeek) Nov 26 Panasonic gets U.S. OK to buy Sanyo The U.S. Federal Trade Commission said Tuesday it has conditionally approved Panasonic Corp.'s plan to buy Sanyo Electric Co., clearing the last hurdle for Sanyo to become a Panasonic subsidiary. The two companies agreed to sell part of Sanyo's portable nickel metal hydride battery business to FDK Corp., a Fujitsu Ltd. subsidiary, and this will preserve competition after Panasonic's proposed $9 billion acquisition of Sanyo, the FTC said. (Kyodo) Nov 23 Sanyo to sell homes powered by solar panels and Li-ion batteries A subsidiary of Sanyo Electric has started selling eco-friendly homes powered with solar panels and lithium-ion (Li-ion) batteries. Sanyo Homes launched sales in Japan of so-called "all-electric homes" at the weekend, each equipped with a 3.78kW solar power system, with back-up power to come from a 1.57kW Li-ion battery. The solar panels and batteries will be supplied by its parent company. (Business Green) Nov 6 Sanyo eyes boost in solar investment Sanyo Electric Co Ltd plans to ramp up investment in its battery and solar business as the world's largest maker of rechargeable batteries moves closer to being acquired by Japan's Panasonic Corp, a senior executive said in an interview on Thursday. Sanyo's executive vice president, Mitsuru Honma, declined to give an estimate of how much money will be pumped into the business but said a "humongous amount" was needed to grow. (Reuters) Nov 5 Panasonic seeking control of Sanyo Panasonic Corp. hopes to accelerate its plan to become the world's largest electrical appliance maker in 2018 by absorbing Sanyo Electric Co. and its promising solar and rechargeable battery businesses. Panasonic launched a tender offer Thursday for shares of Sanyo to acquire more than 50 percent of them. If successful, Panasonic would make Sanyo its subsidiary. However, the takeover bid was delayed for about eight months from Panasonic's initial plan. (Yomiuri) Nov 2 Source: Panasonic-Sanyo deal coming soon Japan's Panasonic Corp. will launch its tender offer for fellow Japanese firm Sanyo Electric Co. this week, industry sources say. Citing unnamed sources, Japan's Kyodo news agency reported Sunday that Panasonic's leadership is set to make the long-anticipated move now because it has been all but assured of clearing a U.S. antitrust probe. (UPI) Oct 23 Shinkansen fares cut by up to 27% Discounts of up to 27.7 percent will be offered for Tokaido and Sanyo Shinkansen bullet train tickets on weekends and holidays between Oct. 31 and Jan. 11, Central Japan Railway Co. and West Japan Railway Co. announced Wednesday. The fare reductions, for 18 sections, are aimed at filling vacant seats, which have drastically increased amid the recession. It will be JR Tokai's largest discount ever, officials said. (Asahi) Sep 19 Sanyo to recall 160,000 units / Top-opening washer-dryers pose fire risk Sanyo Electric Co. will recall about 160,000 top-opening, drum-type washer-dryers that were found to pose a fire risk and replace them with new ones, the company said Friday. The Consumer Affairs Agency has urged the firm to take drastic measures as it had recalled washer-dryers four times owing to fire incidents. (Yomiuri) Aug 31 Panasonic still awaits approvals for Sanyo bid Japan's Panasonic Corp said on Monday it was still waiting on approval from four anti-trust regulators for its planned acquisition of Sanyo Electric Co Ltd. It said it would give another update on its plan to take control of the world's largest rechargeable battery maker, a deal worth at least 400 billion yen ($4.3 billion), by end-October. (Reuters) Aug 4 Bikes, VCR-DVD combos merge old into new Sanyo is addressing the space issue in cities such as Tokyo with a new model of folding bicycle. The CY-SPJ220 is a rather small device with 20-inch tires. It folds in half for fitting into elevators and stowing in apartment foyers or on balconies. The bike weighs just 18 1/2 kg, making it portable. Sanyo is promoting it as part of a "micro park-and-ride concept." (Japan Times) Jun 17 Nikkei edges up after sharp slide, Sanyo surges Japan's Nikkei stock average edged up 0.9 percent on Wednesday, with Sanyo Electric (6764.T) surging after saying it had secured buyers for its batteries used in hybrid cars. (Reuters) Mar 3 Panasonic Plans Record Bond Sale for Sanyo Takeover Panasonic Corp. may sell a record 400 billion yen ($4.1 billion) in bonds as soon as tomorrow to finance its proposed purchase of Sanyo Electric Co., three people familiar with the matter said. (Bloomberg) Feb 11 Sanyo to build solar plant in Osaka Sanyo Electric Co. plans to invest more than �10 billion in a new solar cell plant in Kaizuka, Osaka Prefecture, to meet rising global demand, industry sources said Tuesday. (Japan Times) Feb 5 Sanyo reports quarterly loss amid global slump Sanyo, which is being acquired by larger Japanese rival Panasonic Corp., said Thursday it sank to a loss for the fiscal third quarter because of declining sales and a strong yen. (AP) Jan 16 Sanyo Sees Profit Fade; Factories, Jobs Pared (Wall Street Journal) Jan 15 Sanyo says to cut 1,200 jobs Sanyo Electric Co. said Thursday it would cut 1,200 jobs in Japan and overseas as part of efforts to turn around its struggling semiconductor operations amid the economic downturn. (AFP) Jan 11 Sanyo braces for zero profit Japan's struggling Sanyo Electric Co. is set to downgrade its earnings forecasts for the year to March, expecting a strong yen to wipe out its net profit almost entirely, a report said Sunday. (Economic Times) Jan 6 Sanyo to cut up to 1,000 jobs Japan's Sanyo Electric Co. plans to cut up to 1,000 jobs to revamp its struggling businesses before being bought by Panasonic Corp., a press report said Tuesday. (AFP) Dec 19 Panasonic gets go-ahead to buy Sanyo (Asahi) Dec 18 3 shareholders agree to sell each Sanyo share for 131 yen to Panasonic (Kyodo) [ More... ]