Sanyo Denki establishes new Vietnam subsidiary for production expansion

Sanyo Denki Co., Ltd. announced the decision to establish a wholly-owned consolidated subsidiary in Vietnam, named Sanyo Denki Vietnam Co., Ltd. This move aligns with the company's "9th Medium-Term Management Plan" to provide high-quality products and services globally, building on a previously announced new factory in Vietnam on September 19, 2025.

The new subsidiary, with a capital of VND 527.0 bn, is scheduled for establishment in January 2026. Located in Hung Yen province, Vietnam, it will specialize in the manufacturing of cooling fans, servo motors, and stepping motors. This strategic incorporation aims to increase agility in business operations and strengthen the overall competitiveness of the Sanyo Denki Group.

Sanyo Denki expects the impact of this establishment on its consolidated performance for the fiscal year ending March 2026 to be minor. The company committed to promptly disclose any further significant developments.