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1948 |
January |
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Sanyo Electric Works was founded in Wakamiya, Gifu City by Dai Nakagawa and Shintetsu Amano, Mr. Nakagawa's son. Their venture began with the production of various kinds of transformers. |
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1950 |
October |
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Trial production of neon transformers succeeded, and sales were launched on a nationwide scale. |
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1951 |
October |
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Succeeded in the development of a fluorescent lighting system that used a small blade vibrating at high speed to convert power from DC to AC on buses. With this, Sanyo entered the bus equipment market. |
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1953 |
March |
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Made the step forward from private management and incorporated the business, with initial capital of 500,000 yen. |
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1956 |
December |
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Developed the world's first single-unit, DC-powered fluorescent light with a built-in inverter, named the "S-Light." |
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1959 |
August |
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Succeeded in transistorizing the single-unit type fluorescent lamp for buses. |
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1960 |
September |
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Developed fluorescent lighting for vehicles, and entered the automobile market. |
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1961 |
May |
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Developed fluorescent lighting for railcars, and entered the railway market. |
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1965 |
January |
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Relocated headquarters to the Kamitsuchii neighborhood of Gifu City. |
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April |
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Developed inverter power supplies for various industries, and entered the industrial equipment market. |
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1968 |
December |
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Purchased 39,000 square meters of property in the Itonuki region of Motosu City, Gifu Prefecture, and began construction of a transformer production facility. This has become the current Head Facility. |
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1970 |
September |
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Initiated the development of fare boxes for buses. |
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1974 |
March |
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Succeeded with the first digital fare display for vehicle interiors utilizing semiconductors. |
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April |
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Established Sanyo Trading Company Ltd (merged into parent corporation in 2004). |
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1983 |
June |
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Submitted bid for an international tender offer and became the sole contractor for on-board bus ticket printing equipment for use in Singapore. |
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1985 |
January |
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Developed the microcomputer-based battery recharger for forklifts. |
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October |
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Presented the bus card system (Stored Value Fare System, SVFS) to Japan's Bus Technology Commission. |
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1986 |
March |
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Developed the neon flashing controller. |
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November |
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Developed the small-scale Uninterruptible Power Source (UPS) unit. |
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November |
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Awarded the Deming Prize for Comprehensive Quality Control. |
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1987 |
November |
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Established Thai Sanyo Denki Company, Ltd. as an offshore manufacturing facility (now Thai LECIP Co., Ltd.). |
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1988 |
January |
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Won the Small and Medium Scale Enterprises Research Center Award(now Good Company Award),Corporate Excellence Prize. |
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1989 |
March |
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Established Sanyo Electronics Co., Inc. (now LECIP Electronics). |
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1990 |
July |
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Initiated production of fluorescent lighting for the Tsubasa line of Shinkansen (Bullet) trains. |
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1992 |
April |
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Initiated production of fluorescent lighting for Bullet trains (the Nozomi line of the Shinkansen). |
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1993 |
July |
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Commenced sales of the electronic neon transformer (Alpha Neon). |
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1994 |
April |
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Began supplying the Bus Card System to Malaysia. |
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April |
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Commenced sales of UPS with integrated communications function. |
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1995 |
April |
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Established Siam Sanyo (disbanded in 2008). |
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June |
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Construction of Building No. 3 within the Itonuki facility (now the Head Facility). |
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November |
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Announced the development of the non-contact card system. |
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1996 |
July |
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Acquired ISO 9001 certification for the UPS, automobile fluorescent lighting, and railcar fluorescent lighting. |
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1997 |
September |
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Expanded the registration range of ISO 9001 certification to include automatic fare management equipment, small-scale dry-type high voltage devices, and their controllers. |
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1998 |
April |
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Reorganization the company into three central divisions. |
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1999 |
August |
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Started to supply contactless smart card R/W to Hong Kong. |
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2000 |
July |
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Acquired ISO 14001 certification. |
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2002 |
January |
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Changed the company name from Sanyo Electric Works Ltd. to LECIP Corporation, and inaugurated the brand name of LECIP. Sanyo Trading re-established as LECIP Shipping Service Ltd. |
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August |
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Completed construction of the 4th major building at the Itonuki Facility, currently the Head Facility. Transferred the DC Power Supply Equipment Division transferred to this building from an adjacent town and resumed operations. |
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2004 |
January |
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Established the affiliate LECIP Shanghai Co., Ltd. in Shanghai, China for production of transformers in a consignment arrangement. |
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July |
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Address of incorporation is changed from Gifu City to Motosu City, reflecting recentralization of operations. |
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2005 |
March |
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Established the affiliate LECIP Sangyo Ltd.. |
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September |
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Began sales of cold cathode lamps (CCLs). |
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October |
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Started commercialization of products for an electronic ballast for exterior fluorescent signs. |
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November |
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Conducted stock split (split ratio of 1:10 ordinary shares). |
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December |
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Stock has been publicly issued in JASDAQ Securities Trading (discontinued in 2008). |
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2006 |
January |
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Capital boosted to 735 million yen. |
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July |
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The number of shares per unit has been revised from 1,000 to 100. |
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2007 |
March |
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Delivered an IC card reader for buses that can handle new smart cards for both train and bus lines in Tokyo metropolitan area. |
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August |
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Started commercialization of products for power supply unit for LED. |
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December |
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Listed LECIP shares on the second sections of the Tokyo Stock Exchange and the Nagoya Stock Exchange. |
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2008 |
June |
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Concluded a Business Collaboration Agreement with Sanshin Electric Works Inc. in ROK. |
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2009 |
March |
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Began sales of LED lamp unit for automobile. |
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April |
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Created a new,onsite day-care facility. |
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2010 |
March |
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Established LECIP INC. in the State of Illinois,USA. |
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October |
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Reorganized into a pure holding company structure, its name changing to LECIP HOLDINGS CORPORATION,Incorporated, within which are newly established the reconstituted LECIP CORPORATION and LECIP INTERNATIONAL,INC. |
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October |
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Established GIFU DS OPERATION LTD. |
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2011 |
April |
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Established LECIP SLP CORPORATION and LECIP ENGINEERING CORPORATION. |
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2012 |
December |
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Established LECIP (SINGAPORE) PTE LTD in SINGAPORE. |
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2013 |
August |
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Completed the acquisition of Arcontia International AB. |
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October |
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Established LECIP THAI Co., Ltd. in THAILAND.
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2014 |
February |
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Listed on the first sections of the Tokyo and the Nagoya Stock Exchange. |
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2016 |
July |
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Delivered an automated fare collection system for route buses in the U.S. market. |
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2019 |
November |
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Capital boosted to 1,190 million yen. |
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2020 |
April |
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LECIP CORPORATION absorbed and merged LECIP SLP CORPORATION. |
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