Sanyo was founded in 1947 by Toshio Iue when he was lent an unutilised manufacturing plant by his brother-in-law Konosuke Matsushita; owner of the eponymous Matsushita company. The company started out making lights for bicycles before moving onto radios and other audio equipment.

Today, the company, which has headquarters in Osaka, Japan, and Watford, England, manufactures a range of products including car audio equipment, televisions, DVD and Blu-Ray players, home cinema systems, air conditioning units, solar panels, batteries, and a large range of electrical components and accessories.

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