JVC 2005 Annual Report Download - page 18

16 Victor Company of Japan, Limited
In addition, we will establish a robust lineup of LCD TVs,
which experienced strong growth worldwide in fiscal 2005,
and strive to bring the picture quality of these TVs to an
even higher level through the incorporation of such sophis-
ticated technologies as a new image engine and high-
speed response technologies. In May 2005, we launched a
37-inch screen LCD TV in Japan and have added a 40-
inch model to our lineup.
We will make utmost efforts to achieve our Leap Ahead
21 display sales target of ¥300 billion ahead of schedule
through these strategies.
Double-Digit Growth Worldwide
In the optical disks business, we will downsize operations
to thrive amid dramatic changes in the market and focus
on optical disks for such high-value-added products as
p7, 10, 17 DVD/VHS/hard drive combo recorders in fiscal
2006. We seek to rapidly boost profitability through these
initiatives and will also endeavor to develop new core tech-
nologies and products, with an eye to creating a bright
future for our optical disk business.
In June 2005, JVC added a 3-CCD, five megapixel
model to its flagship series of “Everio” hard disk cam-
corders. JVC aims to create a new recording culture and a
new market via its “Everio” line.
We will expand the scope of our car electronics opera-
tions through such measures as enhancing our lineup of
AV products, including DVD receivers, and introducing a
new turn-by-turn navigation system. In addition, we will
redouble efforts to boost sales of existing products on a
global scale and establish a strong position in the car elec-
tronics market.
DVD/CD Receiver
This DVD/CD receiver with an in-dash 7-inch wide monitor features
5.1 channel surround sound and a detachable monitor for back-seat
viewing.
“alneo” Digital Audio Player Headphones
Armless headphones equipped with amazingly true-to-life sound
through high precision digital processing
In home theaters and other AV systems, we will
enhance our lineup of such distinct products as wood
cone speakers that showcase our corporate DNA in terms
of our commitment to vivid, high quality sound reproduc-
tion that is true to its original source. We will also expand
our high-end home theater system offerings, with the aim
of generating synergy effects with our high definition (HD)
visual equipment.
In fiscal 2006, we must breathe new life into the
Consumer Electronics segment, as this is crucial to
achieving a turnaround in Company performance. We will
move forward with our product category strategies, which
include strengthening partnerships with distribution com-
panies from the planning stage of new product develop-
ment and working to build global alliances with
manufacturers and retailers. Furthermore, we will strive to
achieve double-digit growth in sales worldwide.
●Performance and Future Strategy
by Region
In fiscal 2006, JVC will continue to carry out business
activities that are tailored to regional characteristics and
build on past accomplishments. Furthermore, we will
focus on developing powerful strategic partnerships with
distributors throughout the world.
Americas
In the fiscal year under review, although sales of video
cameras lost ground, the launch of HD-ILA rear projection
TVs was a success.
In fiscal 2006, we expect sales of video cameras, which
bounced back in the fourth quarter of fiscal 2005 with the