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OSAKA — Sadao Kondo, a managing director of Sanyo Electric Co., will become president on June 26, succeeding Yasuaki Takano, who will then become vice chairman, it was announced here March 17.

Takano, 66, who has been serving as president since December 1992, told reporters he believes Kondo is suitable for the presidential post and can cope with rapid development of new products and technological progresses.

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