JVC 2004 Annual Report Download - page 20

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Please find page 20 of the 2004 JVC annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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Victor Company of Japan, Limited18. Victor Company of Japan, Limited
This segment develops, manufactures and sells video recording systems, audio equipment,
projectors and a range of other products for professional use. Segment sales account for 7.3%
of total group sales. In fiscal 2004, although sales fell 4.8% to ¥67.5 billion, the operating
margin improved from –5.2% to –2.6%.
Professional Electronics
18.