Sanyo was incorporated by Panasonic on December 21, 2009. Sanyo is a major electronic company whose headquarters are located in Moriguchi, Japan. In 2010 Panasonic announced that they would acquire the remaining shares of Sanyo. Sanyo Electric Co was founded in February, 1947, but was incorporated in April, 1950. The president is Masato Ito and have 400 million yen as their capital as of March 31, 2013. One of their beginning accomplishments was when they launched their first plastic radio in 1952. The company came up the slogan “We care for people and the earth” was established. In 1997, Sanyo introduced their first digital camera called the “Maltese.” The latest financial statement the company has stated was for the year 2011. For the year ended on March 31, 2011 the company had net sales of 1,489,497 yen. Which was a drop from the previous year of 2010 when they had net sales of 1,556,596 yen? The company offers products for solar power, smart energy system, eneloop, multimedia projectors, televisions, and components. The company offers solutions for businesses, health care field, eco solutions, and also industrial devices. They offer batteries for retail and battery related products and also portable power supply.