Sanyo Industries Co., Ltd.

Founded as Sanyo Shokai, an importer and seller of electrical equipment

Established Sanyo Shokai Special Electric Manufacturing Plant in Toshima-ku, Tokyo, for manufacturing small AC/DC rotary machines and communication power supplies

Organizational change to Corporation (Sanyo Shokai Corporation)

Changed company name to Sanyo Electric Co., Ltd.

Separated and spun off the trading and construction divisions from Sanyo Electric Co., Ltd., establishing Sanyo Koki Co., Ltd. Capital: 150,000 yen. Headquarters: Tokyo.

Relocated headquarters to Kawasaki City and established a new Tokyo office

Changed company name to Sanyo Trading Co., Ltd.

Changed company name to the current Sanyo Industries Co., Ltd.

Opened Fukuyama Office in Fukuyama City

Opened Osaka Office (currently Kansai Sales Office) in Osaka City

Increased capital to 1,008 million yen

Established Keihin Business Office in Kawasaki City

Registered as Tokyo Over-the-Counter Stocks

Opened Fuchu Office in Fuchu City

Increased capital to 2,016 million yen

Opened Nasu Office in Otawara City, Tochigi Prefecture

Opened Nagano Office in Ueda City, Nagano Prefecture

Renamed the office to a branch. Closed Nasu Office and opened North Kanto Branch

Opened Ota Branch in Ota City, Gunma Prefecture

Completed new building of Tokyo Branch. Renamed Keihin Business Office to Head Office and moved head office structure to Tokyo Branch

Relocated Fuchu Branch (Fuchu City) to Tama City and renamed it West Tokyo Branch

Opened Sendai Branch in Sendai City, Miyagi Prefecture

Closed Sendai Branch and integrated into North Kanto Branch

Increased capital to 276 million yen

Listed shares on Jasdaq Securities Exchange

Renamed Fukuyama Business Office to China Branch

Relocated North Kanto Branch (Otawara City) to Nasushiobara City

Relocated Nagano Branch to Mikawa Electric Co., Ltd. Kamegawa Factory

Delisted from stock exchange

Became a wholly owned subsidiary of Mikawa Electric Co., Ltd. through share exchange

Merged Tokyo Branch and West Tokyo Branch to establish Metropolitan Area Branch. Renamed China Branch to Fukuyama Branch

Relocated logistics center to Mikawa Electric Co., Ltd. Tsukiji Factory

Opened Okayama Branch in Okayama City, Okayama Prefecture

Renamed Okayama Branch to Okayama Sub-branch

Closed Okayama Sub-branch and integrated into Kansai Branch

Relocated head office structure to Higashiyama, Meguro Ward, and opened Higashiyama Office

Relocated head office to Higashiyama, Meguro Ward

Dissolved the Kawasaki Office and integrated into the Meguro Office and East Japan Business Office