Sanyo Electric Co., Ltd., once a major player in the global electronics industry, no longer exists as an independent entity. Its story on Google Finance, and indeed in the business world, is one of acquisition and integration, culminating in its absorption by Panasonic Corporation. Understanding Sanyo’s financial presence on Google Finance requires examining its historical data and appreciating its eventual disappearance as a distinct listed company.
Historically, Sanyo had a significant presence on Google Finance under its stock ticker symbol, typically listed on the Tokyo Stock Exchange (TSE). This page would have showcased the company’s historical stock performance, financial statements (income statements, balance sheets, and cash flow statements), key financial ratios, and related news articles. Investors used this information to track Sanyo’s profitability, debt levels, operational efficiency, and overall financial health.
The financial data available on Google Finance provided a crucial overview of Sanyo’s fluctuating fortunes over time. The company, known for its rechargeable batteries, solar panels, and various consumer electronics, faced increasing competition and financial challenges in the late 2000s. These challenges would have been reflected in its stock price, which likely showed a decline leading up to the Panasonic acquisition.
Key financial metrics that investors likely monitored through Google Finance included:
- Revenue: Reflecting the sales of Sanyo’s various products.
- Net Income: Showing the company’s profitability after all expenses.
- Earnings per Share (EPS): Providing a measure of profitability per share of stock.
- Debt-to-Equity Ratio: Indicating the company’s leverage and financial risk.
- Price-to-Earnings (P/E) Ratio: Used to evaluate the company’s valuation relative to its earnings.
However, Sanyo’s story takes a decisive turn with its acquisition by Panasonic. In 2009, Panasonic announced its intention to acquire a majority stake in Sanyo, and the acquisition was completed in 2011. This marked the end of Sanyo as an independent publicly traded company. Consequently, Sanyo’s distinct listing on Google Finance ceased to exist.
Today, when searching for Sanyo Electric Co., Ltd. on Google Finance, users are likely redirected to information about Panasonic (typically under its own stock ticker, usually 6752 on the TSE or ADRs on other exchanges). Historical data pertaining to Sanyo might still be accessible, but it would likely be archived or presented within the context of Panasonic’s overall financial performance following the acquisition. The focus shifts to Panasonic’s consolidated financial statements, which now incorporate the businesses and assets previously owned by Sanyo.
The acquisition of Sanyo by Panasonic illustrates a common occurrence in the corporate world – mergers and acquisitions leading to the disappearance of independent entities from stock exchanges and, consequently, from dedicated pages on financial platforms like Google Finance. While Sanyo’s brand name might still exist on some products, its financial identity is now interwoven within the larger framework of Panasonic Corporation.