SANYO North America Corporation Names New President

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SANYO North America Corporation (SNA), a subsidiary of SANYO Electric Co., Ltd., proudly announces the appointment of Mr. Hideo Nakai as President.

I look forward to continuing these efforts to expand the business.

- SANYO North America Corporation (SNA), a subsidiary of SANYO Electric Co., Ltd., proudly announces the appointment of Mr. Hideo Nakai as President. At the July 8th 2005 Board of Directors' Meeting in San Diego, the twenty-five year veteran of SANYO assumed the responsibility of leading the SANYO North America Group of companies which consists of 12 companies.

SNA is the North American corporate office of SANYO Electric Co., Ltd., which is one of the global consumer electronics giants with consolidated sales of 23,151 million yen (FY ended March 31st 2005.) SNA was incorporated in 1986 and the combined annual sales for its group of companies exceeds $3 Billion dollars. The product line-up includes Cellular Phones, TVs, Refrigerators, Rechargeable Batteries, Solar Panels and many other innovative products.

Recently, SANYO Electric Co., Ltd. announced the inception of its new organization, naming it "The Third Beginning". Based on its new vision called “Think GAIA”*, SANYO aims to become a company that would truly please the Earth. SANYO will execute a 3-year long reform plan that will focus on its core strengths and most profitable businesses. “It is one of my top priorities to establish a strong SANYO brand image throughout the North American Market.” stated President Nakai. "I look forward to continuing these efforts to expand the business."

  • GAIA refers to a living life form that includes humans as well as all plants and animals living harmonious coexistence. In Greek Mythology, GAIA is the name of the goddess of the Earth.

For Press Contact:

Alan Foster (Vice President of Corporate Communication Department)

SANYO North America Corporation

2055 Sanyo Ave.

San Diego, CA 92154

Tel: (619) 661-4860

Fax: (619) 661-6795

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Alan Foster
SANYO North America Corporation
619-661-4860
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