The unification of the solar brand is part of a wider scheme of consolidation of brands of certain consumer products currently being carried out by the Panasonic Group in order to take advantage of the strengths of each company within the group. Combining SANYO’s solar technical capabilities with Panasonic’s wide global network will allow further synergy to be generated within the group and strengthen the solar business globally. Mr. Shigeki Komatsu, Director of the Solar Division of SANYO Component Europe GmbH,commented, “The brand change is part of the global strategy aimed at expanding the solar business of the Panasonic Group.”
SANYO, which is responsible for key areas in the energy sector of the Panasonic Group, is aiming to combine environmental contribution and business growth and create a company with significant growth potential, in order to realize Panasonic’s 100 year anniversary vision of becoming the “No. 1 Green Innovation Company in the Electronics Industry” by 2018.
