JVC 2006 Annual Report Download - page 9

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The Nuts
and Bolts
Victor Company of Japan, Limited 7
JVC will reinvent its corporate culture through sweeping
operational reforms to come out a winner in the era of digital AV.
Fiscal 2006 Operational Reforms Continuation and Reinforcement of
Operational Reforms in Fiscal 2007
Companywide organizational reform
쏹Elimination of the in-house
쏹company system
쏹Placement of the consumer
쏹electronics business’s marketing
쏹departments under the direct control
쏹of headquarters
쏹Streamlining of shared support
쏹departments
Production site realignment
Elimination of one domestic production
site (Tsurugamine Plant) and one
overseas production site (Berlin Plant)
Consideration of
new business development
Establishment of the Committee for
the Creation of New Businesses
Employment structure reform
Initial plan:
500-employee workforce reduction
Actual results:
723-employee workforce reduction
Expansion and strengthening of
the Global Marketing Department
앫Enhance the Global Marketing Department’s function
앫with regard to domestic and overseas consumer
앫electronics operations
앫Shore up sales framework for the BRIC (Brazil, Russia,
앫India, and China) countries
앫Develop new sales channels and expand existing sales
앫channels for distinct products (existing: prosumer;
앫new: Internet, installment business)
Strengthening of the Global Procurement Center
앫LCD panels: Build new alliances with manufacturers in
앫Japan, Republic of Korea, and Taiwan
앫System LSI: Strengthen relationships with LSI production
앫manufacturers to fully leverage our software development
앫capabilities
Realignment of production sites to speed up
management and curb production costs
앫Rebuild the production framework for displays
앫Launch an integrated, global production
앫management system
앫Bring to market a full HD home projector and a 4K x 2K
앫super high-definition projector for professional use
앫Establish a new business model utilizing JVC’s original
앫high-quality “net K2” sound technologies
앫Put together a sales force dedicated to
앫high-end home theaters
앫Harness development power to accelerate the
앫commercialization of next-generation optical disc products
Organizational realignment of technology departments
앫Implement organizational reform to link core technology
앫development and growth strategies
앫Bolster overseas R&D centers’ product development
앫capabilities
앫Accelerate development process reforms (establish an
앫Engineering Innovation Promotion Center)
앫Strengthen software technology capabilities