Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sanyo May Sell Home Appliance Division
Sep 11, 2007
 Printable format
 Email this Article
 Search

Sanyo Electric Co. is considering selling off in stages its home electrical appliance section, including its air-conditioner and refrigerator lines.

Sanyo, which is undergoing corporate rehabilitation, intends to announce the reforms, including selling its home appliance business, in its master plan at the end of November to streamline its entire operation.

Sanyo's home appliance sales for the business year that ended in March 2007 were down 2.2% from the previous year. While home electrical appliances are a major part of the firm's business, accounting for about 10% of its consolidated net sales, its operating income has been in the red for the past six years.

The company said that it will examine its product lines to determine whether to transfer production, collaborate with other firms, or sell the lines in stages.

Back to Daily News

 

Daily News

...........................................................

Aug 29, 2014: Adaptive Frequency Drive Increases Trane Chiller Efficiency

Aug 29, 2014: Vitamix President Receives Entrepreneur of the Year Award

Aug 28, 2014: LG Heat Pump Clothes Dryer Earns Emerging Technology Award

Aug 28, 2014: Early Snowthrower Demand Boosts Toro Sales

Aug 27, 2014: Sustainability Standard Launched for Household Portable and Floor Care Appliances

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows