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RARE GREEN SANYO TOASTER OVEN, MODEL SK-7200, JAPAN, c1970s-80s - $95 (Jarvis Street & Front Street E., Toronto, Ontario)
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In working condition. Label, on verso, is marked, 'Sanyo, Dual Voltage, Toaster Oven, Model SK-7200, 110V/220V 650W AC only, Sanyo Electric Co. Ltd., Made In Japan'.
Sanyo (means three oceans in Japanese, referring to the founder's ambition to sell their products worldwide)) Electric Co., Ltd is a Japanese electronics manufacturer founded in 1947 by Toshio lue, the brother-in-law of Konosuke Matsushita, the founder of Matsushita Electric Industrial, now known as Panasonic. Lue left Matsushita Electric to start his own business, acquiring some of its equipment ot produce bicycle generator lamps. Sanyo was incorporated in 1949. In 1950, the company was established. Sanyo began to diversify in the 1960s, having launched Japan's first spray-type washing machine in 1953.
In 1969, Howard Ladd became the Executive Vice President and COO of Sanyo Corporation. Ladd introduced the Sanyo brand to the United States in 1970. The ambition to sell Sanyo products worldwide was realized in the mid-1970s after Sanyo introduced home audio equipment, car stereos and other consumer electronics to the North American market. The company embarked on a heavy television-based advertising campaign.
In the 2000s, it was known as one of the 3S along with Sony and Sharp. Sanyo also focused on solar cell and lithium battery businesses. In 1992, it developed the world's first hybrid solar cell, and in 2002, it had a 41% share of the global lithium-ion battery market..In 2009, Sanyo was acquired by Panasonic, and in 2011, it was fully consolidated into Panasonic and its brand disappeared. The company still exists as a legal entity for the purpose of winding up its affairs.