as tyo 6444 fwb soe1 industry automotive electrical equipment founded july 30 1943 headquarters 20 kotobuki cho isesaki shi gunma japan 372 8502 area served worldwide key people masayoshi ushikubo ceo and chairman products air conditioning systems central heating systems compressors heat exchangers infrared radiant heating units refrigerated display cabinets retail refrigerators and freezers vending machines revenue 2.570 billion usd fy 2012 241.78 billion jpy fy 2013 net income 11.52 million usd fy 2013 1.08 billion jpy fy 2013 number of employees 10 194 consolidated as of march 31 2013 subsidiaries 53 in japan and 21 overseas countries website official website footnotes references 1 2 sanden corporation sanden kabushiki kaisha is a japanese isesaki gunma based automotive equipment and electrical equipment manufacturing company and is listed on the tokyo stock exchange . contents 1 history 2 business segments and products 3 references 4 external links history edit kaihei ushikubo founded the company sankyo electric company sankyo denki co in july 1943 . the company s first products were wireless communication devices mica condensers and paper condensers . five years later the company expanded their product line by adding dynamo bicycle lamps to their products . in the 1950s the company started producing home electric appliances refrigerated showcases and mini motors . in 1961 production of juice vending machines is established and one year later in august 1962 the company is listed on the second section of the tokyo stock exchange . the 1970s brought the introduction of automotive products to the product line namely automotive air conditioners and sd compressors for automotive air conditioners . in august 1973 the sanden trade name is established and the company s stocks are listed on the first section of the aforementioned stock exchange . also in this decade the company established several subsidiaries namely in the united states singapore and australia and a branch in great britain . in october 1982 the company s name is changed sankyo electric co. ltd. becoming sanden corporation . in 1984 the company expanded their global presence by establishing joint ventures in india malaysia and mexico sanden mexicana . four years later sanden acquired vendo company a us based vending machine manufacturer . in the 1990s the company started to develop energy saving ozone layer friendly products . also it developed technical assistance agreement with major automakers like ford motor company and general motors company and expanded its manufacturing capabilities by opening manufacturing plants in france and thailand . in 2012 also sanden manufacturing mexico was founded . in november 1999 the founder of the company kaihei ushikubo died . focusing on environmentally friendly manufacturing the company achieved zero emission at three domestic plants kotobuki yattajima and sakai plants . in 2001 sanden achieved the production of the accumulated number of 100 million compressor units and in may 2006 received the 2005 supplier of the year from general motors and the global excellence award from ford motors . also in 2005 sanden signed a comprehensive agreement with waseda university s environmental research institute to promote environmental technology development in business academia collaboration . in the following years the company opened manufacturing plants in india china poland and thailand and signed partnerships with other automakers . 3 business segments and products edit automotive systems air conditioning systems hvac units compressors heat exchangers for air conditioners vending systems vending machines for various merchandise including cold beverages milk beverages coffee tea flex venders ice cream cup noodles retail store systems refrigerators freezers multi temperature horizontal refrigerated display cabinets living & environment systems heat pump hot water floor heating systems far infrared radiant heating units ih cooking heaters hot water supply systems 4 references edit sanden company overview . retrieved march 15 2014 . sanden annual report 2013 pdf . retrieved march 15 2014 . corporate history . retrieved march 15 2014 . sanden products . retrieved march 15 2014 . external links edit official website this article about a japanese corporation or company related topic is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title sanden corporation & oldid 733787263 categories companies of japancompanies listed on the tokyo stock exchangeengineering companies of japancompanies based in gunma prefecturecompanies established in 1943hvac manufacturing companiesauto parts suppliersvending machine manufacturersjapanese brandsjapanese company stubshidden categories articles containing japanese language textall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit 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