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15JVC KENWOOD Holdings, Inc.
Recently, the entertainment industry environment has changed, with users’ tastes
diversifying and an improvement of the infrastructure for online and mobile distribution.
In response to these changes, the Group restructured the content business of its
Entertainment business in January 2009 through the integration and reorganization of
Victor Entertainment, Inc. and JVC Entertainment Company, LTD., to strengthen its
base for creating hit content.
Under the new framework, we are further expanding our businesses and improving
profitability. To this end, we are strengthening the four related functions—content
creation, management, music publication and other property rights-based business,
and network and distribution—and deepening coordination among them, and developing
the content business into a multifaceted entity centering on Victor Entertainment. We
are also creating a diverse array of hit content under the new structure by using the
Group’s comprehensive capabilities and focusing on training new employees to create
new hit content. Furthermore, we are leveraging our content beyond just creation by
pursuing other profitable opportunities, including content management and property
rights-based opportunities, or licensing, through the optimization of our management
resources and under a flexible structure in which proactive alliances with other companies
are an option. In addition, we are further improving profitability in the music distribution
field, where we see high growth potential, by developing the online media business
spearheaded by a newly established network/distribution company.
In the media business, which centers on the trustee business, we are strengthening
our business base and improving profitability by integrating the pressing processes for
entertainment and non-entertainment CDs/DVDs. To this end, a capital and business
alliance has been established among JVC, Victor Creative Media Co., Ltd. (a subsidiary
of JVC that engages in the pressing of CDs/DVDs), Toppan Printing Co., Ltd., and its
subsidiary Toppan Seihon Co., Ltd.
Entertainment Business
KEISUKE KUWATA
“SHOWA 83 NENDO! HITORI
KOUHAKU UTA GASSEN”
“YUJIRO ISHIHARA 23rd/MEMORIAL”
SMAP
“super.modern.artistic.performance”
BEGIN
“3LDK”
MARIKO TAKAHASHI
“No Reason-OTOKO GOKORO”
“GUNDAM 30th ANNIVERSARY-
I, Senshi TRIBUTE”
FYE’09/9 (Millions of yen)
Net sales ¥30,617
Operating prot ¥248
Major Products
n Planning, Production and Sales
of Audio and Video Software
Including CDs and DVDs
n Production and Sales of CDs
and DVDs (pre-recorded)
n Distribution of Audio and Other
Software
Brand
(Japan only)