JVC 2008 Annual Report Download

Download and view the complete annual report

Please find the complete 2008 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.

Page out of 28

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28

Annual Report
2008
Company Profile Section
JVC KENWOOD Holdings, Inc. JVC・ケンウッド・ホールディングス株式会社
アニュアルレポート2008 会社案内セクション
Annual Report 2008 Company Profile Section
JKHD0008
JVC・ケンウッド・ホールディングス株式会社
アニュアルレポート2008 会社案内セクション

Table of contents

  • Page 1
    An n u a l R e p o rt 2 0 0 8 Com pany Prof ile Sec t ion JVC KENWOOD Holdings, Inc. Annual Report 2008 Company Profile Section

  • Page 2
    ... before experienced. Contents Group Structure Management Message Outline of Management Integration Management Policy and Strategies Environmental management activities An Avid Supporter of Culture and the Arts Corporate Governance Company History Network (Global/Japan) Corporate Data 1 2 4 7 14 15...

  • Page 3
    ...JVC KENWOOD Holdings 100% 100% JVC Video Cameras (camcorders) Display Home Audio Professional Systems Entertainment J&K Technologies Car Electronics Kenwood Communications Equipment Home Audio Management Integration Plan Victor Company of Japan, Limited ("JVC") and Kenwood Corporation ("Kenwood...

  • Page 4
    ..." Added-Values JVC and Kenwood established the joint holding company, JVC KENWOOD Holdings on October 1, 2008, and carried out management integration. With an 81-year history, JVC is a video and audio equipment manufacturer that also has entertainment business centered on music content. Kenwood is...

  • Page 5
    ... the Fifth Business Segment― Moreover, at a high level JVC KENWOOD Group will integrate video, audio and wireless communications technologies, and work to develop "unconventional" products and services appropriate to the digital network era, making use of vast resources both companies cultivated...

  • Page 6
    ... (Hong Kong). The companies established J&K Technologies Corp., a joint venture in the car electronics and home audio business, to work on technological development and enhance product competitiveness. In parallel to this, both companies established the joint Management Integration Review Committee...

  • Page 7
    ...navigation systems, engines • Car multimedia, terrestrial digital TV tuners, etc. • Car audio and home audio • Devices (CD/DVD drives, BD drives, etc.) Results of joint development As the first product to adopt joint development technologies, the commercialized KENWOOD brand AV Control Center...

  • Page 8
    ...the year ending March 31, 2009, JVC calculated its net sales based on gross sales to its business partners, customer discounts were treated as selling expenses. Following management integration, JVC will adopt the same method as Kenwood for calculating net sales, by deducting customer discounts from...

  • Page 9
    ... added value. Specifically, in accordance with the following management policies, JVC KENWOOD Holdings will maximize synergies and develop new businesses. Meanwhile the operating companies, namely, JVC, Kenwood, and J&K Technologies will execute their respective business strategies. management...

  • Page 10
    ... Group's New Management Strategies businesses of the two companies into four new business segments, namely, car electronics, home & mobile electronics consisting of the genres of video cameras, display and home-audio, professional systems consisting of the genres of professional wireless equipment...

  • Page 11
    Genre Top Strategy JVC KENWOOD Group positions Car Electronics, Home and Mobile Electronics (camcorders), Professional Systems and Entertainment business segments as new profit centers-accounting for approximately 70% of sales in the plan for the fiscal year ending March 2011-toward establishing ...

  • Page 12
    ... Fiscal year ended March 2008 Combined Sales : ¥151.5 billion Ratio : 18% Major Products •Car Audio •Car AV System •Car Navigation System By utilizing management resources and increasing economies of scale, the car electronics business will execute the growth strategy through maximizing sales...

  • Page 13
    ...as a High-Value-Added Comprehensive Entertainment Business Fiscal year ended March 2008 Combined Sales : ¥353.7 billion Ratio : 43% Major Products •Video Cameras •LCD TVs •Projectors •Pure Audio •Portable Audio •AV Accessories In the home & mobile electronics business, JVC KENWOOD Group...

  • Page 14
    ...: Mobile type / Right: Portable type Zetron's Acom (Advanced Communication System) integrates radio, telephone, data, paging and video. New silent direct drive mechanism providing fast and accurate pan and tilt operations IP NETWORK SECURITY CAMERA Broadcast equipment for extreme use/commercial...

  • Page 15
    ...DVDs •Production of CD and DVD discs (prerecorded) •Distribution of Audio and other Software In the entertainment business, a fulfillment framework from content development to distribution was established by transferring the recording media business. The JVC KENWOOD Group will grow profitability...

  • Page 16
    ... certification. Left: Kenwood Yokohama Office Right: JVC Head Office Plant Operational initiatives We seek responsibility not only for activities for reducing environmental burdens in all business processes, including initiatives for saving energy and resources, but also for product disposal and...

  • Page 17
    ... event by supplying audio and video equipment and offering other forms of assistance as the championship's official partner. With the love of music in its corporate heart, JVC has sponsored the JVC International Jazz Festival series in locations around the world in support of music culture. JVC will...

  • Page 18
    ... the joint holding company in order to separate management and execution of businesses and strategies. The three operating companies under the control of the joint holding company will all be under the Board of Directors System. We will create a simple organization system in which responsibility for...

  • Page 19
    ... Former Vice President of the World Bank Director of the Board (External) Makoto Matsuo Currently Outside Auditor of Victor Company of Japan, Limited. Director of the Board (External) Jiro Iwasaki Former Director and Executive Vice President of TDK Corporation Haruo Kawahara Kunihiko Sato Hiroshi...

  • Page 20
    ... Executive, Integrated Synergy Development Div. Hiroyuki Taki Executive Officer and General Executive, New Business Development Center Satoru Maeda Executive Officer and Deputy General Executive, New Business Development Center Keiichiro Doi Satoru Maeda Keiichiro Doi 18 JVC KENWOOD Holdings...

  • Page 21
    ... Management System of Operating Company Victor Company of Japan, Limited President and Representative Director Executive Vice President and Representative Director Representative Director Hidetoshi Yoshida (Promotion) Ryuhei Nakazawa (Promotion) Haruo Kawahara (Newly elected) Kenwood Corporation...

  • Page 22
    ... Introduced hard disk camcorder, Everio GZ-MG70/50/40 Introduced professional HDV camcorder, GY-HD100 JVC co-developed high-quality audio compression technology "net K2" with Victor Entertainment, Inc. Introduced LT-37LC70, 37-inch LCD TV featuring the industry's first high-speed LCD driver 1960...

  • Page 23
    ... supply Digital Land Mobile Radio equipment Launched the voluntary organization jointly in Europe in order to establish standards for commercial digital wireless radio equipment Converted Zetron, Inc., a U.S. systems-based communication company into a subsidiary Formed a management integration...

  • Page 24
    ...,Thailand West Java, Indonesia Beijing, China Janze, France Singapore Johor Bahru, Malaysia Shanghai, China Main Products CDs, DVDs (prerecorded software) TVs Car electronics products Camcorders, Home audio TVs, professional products Electronic components (motors, optical pickups, etc.) Home audio...

  • Page 25
    ... Name JVC Asia Pte. Ltd. (Regional Company） JVC ASIA Pte. Ltd. Sales & Service Division JVC Sales & Service Sdn. Bhd. （Malaysia） JVC , Inc. （Philippines） JVC Vietnam Limited JVC Taiwan Corp. JVC Gulf FZE Kenwood Electronics Singapore Pte Ltd. Kenwood Electronics Australia Pty. Ltd. Kenwood...

  • Page 26
    ..., Tokyo Yokohama, Kanagawa Main R&D Products Video cameras, TVs Video cameras, TVs, projectors Car Electronics, Home audio Communications Main Japanese Manufacturing Sites Name JVC Yokosuka Plant JVC Maebashi Plant JVC Yamato Plant JVC Hachioji Plant JVC Rinkan Plant Victor Interior Furniture...

  • Page 27
    ... October 1,2008) a Joint Holding Company Corporate Name Business Segments Date of Incorporation Location of Head Office Market for Listing Securities Code Number of Employees Capital Net Assets Total Assets Fiscal Year URL JVC KENWOOD Holdings, Inc. Controlling and managing the business activities...

  • Page 28