JVC Kenwood
 | |
| Corporation | |
| Traded as | TYO: 6632 |
| Industry | Electronics |
| Founded | October 1, 2008 (as a merger between Kenwood Corporation and Victor Company of Japan, Ltd) |
| Headquarters | Yokohama, Japan |
Key people |
Haruo Kawahara (Chairman) Takao Tsuji (President) |
| Products | Audio, visual, computer-related electronics and software, media products |
| Revenue |
 JP¥ 285 billion (2015) |
 JP¥ 4.7 billion (2015) | |
Number of employees | 19,791 |
| Divisions |
JVC Kenwood Teichiku Records |
| Subsidiaries |
EF Johnson Technologies Zetron Victor Entertainment |
| Website | JVCKENWOOD Corporation |
JVCKenwood Corp. (Stylized in all-caps) (JVCケンウッド) is a multinational electronics company headquartered in Yokohama, Japan. It was formed from the merger of Victor Company of Japan, Ltd and Kenwood Corporation on October 1, 2008. Upon creation, Haruo Kawahara of Kenwood was the holding company's chairman, while JVC President Kunihiko Sato was the company's president. JVCKENWOOD Corporation focuses on car and home electronics, wireless systems for the worldwide consumer electronics market, professional broadcast, CCTV and digital and analogue two way radio equipment and systems.
History
On October 1, 2008, JVC and Kenwood agreed to and signed an agreement to integrate their management through the establishment of a joint holding company (stock transfer). The joint holding company was named "JVC KENWOOD Holdings, Inc.".[1]
On Monday, May 31, 2010, JVCKENWOOD announced that it would end camcorder production in Japan by March 2011 and shift production overseas to cut losses.[2]
On August 1, 2011, "JVC KENWOOD Holdings, Inc." was renamed to "JVC KENWOOD Corporation"[3] and an absorption-type merger was finalized for the JVC and Kenwood subsidiaries.[4] This officially ended the 2 separate companies.
On March 25, 2014, JVCKENWOOD acquired 100% ownership of EF Johnson Technologies, in order to "increase its P25 North American public safety and professional LMR system market share". EF Johnson became a wholly owned subsidiary.[5]
Divisions
Subsidiaries
References
- ↑ "Notice of the Establishment of JVC KENWOOD Holdings, Inc." (PDF). www.jvckenwood.com. Retrieved 4 August 2015.
- ↑ http://japantoday.com/category/business/view/jvc-kenwood-to-end-camcorder-production-in-japan
- ↑ "Notice on Changes Trade Name, Logo, Website URL and E-Mail Address" (PDF). www.jvckenwood.com. Retrieved 4 August 2015.
- ↑ "Notice on Merger of JVC KENWOOD and Its Three Subsidiaries" (PDF). www.jvckenwood.com. Retrieved 4 August 2015.
- ↑ "Announcement on Completion of Acquisition of North American Professional Wireless Systems Company (Conversion to Subsidiary)" (PDF). www.jvckenwood.com. Retrieved 4 August 2015.
External links
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Wikimedia Commons has media related to JVC Kenwood. |
- JVCKENWOOD Corporation (English)
- About JVCKENWOOD (English)
