Sanyo Electric Co., Ltd. is a Japanese major electronics company and member of the Fortune Global 500 whose headquarters is located in Moriguchi, Osaka prefecture, Japan. Sanyo has over 230 subsidiaries and affiliates. On December 21, 2009, Panasonic completed a 400 billion yen acquisition of a 50.2% stake in Sanyo, making Sanyo a subsidiary of Panasonic.