RMB Capital Management, LLC is a long-term shareholder of Sanyo Shokai Ltd. (TSE:8011) and owns more than 5% of the firm’s total outstanding shares. RMB requests that the board of directors of Sanyo hire investment banks as advisers and seek a strategic buyer of the firm. RMB believes Sanyo should join a strategic partner that has larger capital and potential to complement its capabilities, in order to leverage Sanyo’s strong operational assets including its brands, production technologies and talents. RMB lists the following five reasons for Sanyo to seek a strategic buyer: Four consecutive years of losses are expected to risk shareholders’ value; Sanyo does not have enough scale to reorganize its sales channel; The company does not have enough capacity to enhance its brand portfolio; Sanyo has appealing technologies for a turnaround; and Sanyo should seek a strategic buyer for synergy.