SANYO ELECTRIC COMPANY
Sanyo was founded by Toshio Iue, the brother-in-law of Konosuke
Matsushita and also a former Matsushita employee.
The company's name means three oceans in Japanese, referring to the
founder's ambition to sell their products worldwide, across the Atlantic,
Pacific and Indian oceans.
Sanyo got its start as a manufacturer of bicycle lamps. In 1952 it made
Japan's first plastic radio and in 1954 Japan's first pulsator-type washing machine.
Fisher Electronics is a Sanyo US subsidiary.
Sanyo Electric produced solar modules worth $213 million