annual repor t 1998 for the year ended march 31 incorporated in 1950 sanyo electric co ltd manufac tures a broad range of electronic products grouped intosix categories video equipment audio homeappliances industrial and commercial infor mation systems devices batteriesand other company s net sales fiscal1998 amounted to 1 866 4 bil lion us 14 140 million name means three oceans specifically pacific atlantic indian symbolizesthe global perspective groupof companies is truly an international organization comprising 77 manufacturing 35 com panies 27 based countries particular focus strength devel opment environment friendly technologies such asthose clean energy generation rechargeablebatteries air conditioning methods that do notrequire use harmful chlorofluorocarbons forexample has pioneered developmentof successive generations increasingly efficient solarcells rechargeable batteries also aggres sively expanding its multimedia business where itsthree dimensional display which weredeveloped using own independent have been highly acclaimed wide areas contents financial highlightsto our stockholders review
