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| SANYO Makes Organizational Changes |
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Tokyo, Sept. 28, 2006---SANYO Electric Co., Ltd.
(SANYO) announces organizational changes. |
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| The following organizational changes will be implemented starting
from Oct. 1, 2006, with the purpose to further strengthen Core Businesses
and integrate Consumer and Commercial businesses. |
1. Reorganize business groups
| (1) |
Dissolve the ‘Home Electronics Group’ |
| (2) |
Reorganize the ‘Domestic Sales Group’ and ‘Overseas
& OEM Sales Group’ into the ‘Global Sales Group’ |
| (3) |
Change the name of the ‘Personal Electronics Group’
to the ‘Personal Mobile Group’ and the name of the
‘Business Development Group’ to the ‘Harmonious
Society Group.’ |
| (4) |
Change the name of the ‘EVOLUTION PJ Management Group’
to the Global EVOLUTION PJ Management Group. |
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| 2. Reorganize Companies and Headquarters |
| (1) |
Home Electronics Group
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AV Company
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Transfer the TV business (SANYO TV International Corporation)
to the Harmonious Society Group |
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Transfer the LCD projector business to the DI Company
in the Personal Electronics Group |
| HA Company |
| -- |
Transfer washing machine and ‘Eco-Cute’
businesses to the Clean Energy Company in the Commercial
Solutions Group. |
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Transfer the home-use air conditioner and refrigeration
businesses to the Commercial Solutions Company in the
Commercial Solutions Group. |
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Transfer minor household appliance business to the Harmonious
Society Group. |
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(2)
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Commercial Solutions Group
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Change the name of the ‘Medical Business Headquarters’
to ‘Medical & Healthcare Business Headquarters’
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(3)
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Innovation Group
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Newly establish the ‘Environmental Management
Headquarters’ and ‘IP Headquarters’
(IP for Intellectual Property) |
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(4)
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EVOLUTION PJ Management Group
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Dissolve the ‘Business Portfolio Evolution Plan
Management Headquarters’ and the ‘Financial
Evolution Plan Management Headquarters.’ |
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Integrate into the newly established ‘Procurement
Headquarters’ the current ‘Procurement Headquarters
of the Personal Electronics Group’ |
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The ‘Global Management Project’ will be
newly established as the ‘Global Management Headquarters’ |
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| Transfer of its washing machine
business to the Tokyo Plant |
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SANYO will transfer development and production of washer/dryer machines,
industrial use washing machines, equipment for residence facilities
including industrial use microwaves and kitchen equipment from the
Shiga factory (Shiga Prefecture, Otsu City) to the Tokyo Plant (Gunma
Prefecture). The Tokyo Plant is a stronghold of SANYO’s core
business, HVAC/R and Commercial Equipment.
The objective is to effectively use management resources and integrate
commercial and consumer businesses. |
| (1) |
Optimize and create synergy through the integration of AQUA-related
technology (environment and water processing technology) and
commercial technology. In addition, through strategic investments,
SANYO will raise product development capabilities of consumer
and commercial businesses with an aim to expand business as
well as recreate a growth strategy for the washing machine business.
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| (2) |
The Tokyo Plant is concentrated on the development and production
of industrial use large-scale equipment, and the necessary infrastructure
for industrial use equipment already exists. |
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The Shiga factory will be positioned as an ‘Environment, Quality
and Customer Service’ stronghold. SANYO plans to utilize the
Shiga factory for an environment management center and testing laboratory.
SANYO plans to start production at the Tokyo Plant for washer/dryer
machines and equipment related to residence facilities from Feb. 2007
and production of industrial use washing machines from May 2007. Production
will be transferred to SANYO Tokyo Manufacturing Co., Ltd., located
inside the Tokyo Plant. |
| For Press Contact:(English
Only) |
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SANYO Electric Co., Ltd.
Corporate Communications Unit
Tel: +81-3-3837-6207 Fax: +81-3-3837-6381
E-mail: ryan.watson@sanyo.co.jp |
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