October 30, 2008
SANYO DENKI Co., LTD. (CEO/President & COO Shigeo Yamamoto, capital of 9.9 billion yen) will establish a new branch office in the city of Beijing to operate from January 2009, to strengthen sales operation in the region of Northern China. The corporate status will be the branch office of the existing SANYO DENKI SHANGHAI CO., LTD.
| 1. General overview of the establishment of the new branch. | ||
| Business name : | SANYO DENKI SHANGHAI CO., LTD, BEIJING BRANCH | |
| Representative : | Branch Manager Makoto Hoshi | |
| Location : |
Room 1002, Tower B, Beijing COFCO Plaza, No.8 Jianguomennei Dajie, Dong Cheng District, Beijing 100005 China | |
| Date of Operation : | January 2009 | |
| Employees : | 3 employees | |
| Business content : | To enhance sales operation in the region of Northern China | |
| 2：Objective of establishment | ||
| To speed sales and operational action towards customers in the region of Northern China. | ||
| 3：Area of Operation | ||
| Northern China (Beijing, Shenyang, Tianjin, Qingdao, etc) | ||
| 4. Sales Target | ||
| FY2009: 780 million yen | ||
| FY2010: 980 million yen | ||
| 5. Additional Reference | ||
| SANYO DENKI SHANGHAI CO., LTD was established as an overseas subsidiary in April 2003. | ||
| FY2007 Sales performance 1.9 billion yen | ||
| FY2008 Sales forecast 2.1 billion yen | ||
| FY2009 Sales forecast 2.7 billion yen (including Beijing Branch) | ||