JVC 2010 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2010 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 36

  • 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
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36

JVC KENWOOD Holdings, Inc.
28
2007 Victor Company of Japan, Limited (JVC) and Kenwood Corporation (Kenwood) entered into an agreement on a capital and business
alliance to cooperate in their car electronics and home audio businesses and integrate their management
JVC increased its capital through a third-party allocation of new shares to Kenwood and multiple investment funds managed by SPARX
International (Hong Kong), Ltd.
JVC and Kenwood established the technology development joint venture J&K Technologies Corp. (J&K Technologies)
2008 JVC and Kenwood agreed and signed an agreement to integrate their management through the establishment of a joint holding
company (stock transfer)
JVC and Kenwood established the joint holding company JVC KENWOOD Holdings, Inc. (JVC Kenwood) through a stock transfer (JVC
Kenwoodʼs shares were listed on the First Section of the Tokyo Stock Exchange)
Development and production functions of the car electronics business of JVC and Kenwood were taken over by J&K Technologies
through a company split (simplified absorption-type split)
Launched a Kenwood-brand AV control center “KRF-V9300D” (an AV amplifier for home theater systems) that uses a HDMI/DSP
module of J&K Technologies as the first product based on jointly developed technology (Photo①)
Product planning and marketing functions for Kenwoodʼs home electronics business were taken over by the newly established
Kenwood Home Electronics Corporation through a company split (simplified absorption-type split)
2009 Functions in Japan and abroad, such as planning, technologies, marketing, quality assurance, and production, with the exception of
sales, for the home audio business of JVC and Kenwood were integrated into JVC in July
J&K Technologies renamed J&K Car Electronics Corporation (J&K Car Electronics), making J&K Car Electronics a virtually independent
company engaged in the car electronics business
JVC and Kenwood each developed a car navigation system that adopts the same platform for the first time (Kenwood-brand Japanese
consumer model: MDV-313 (Photo②) ; JVC-brand overseas consumer model: KW-NT3 (Photo③))
2010 Implemented adjustments to earnings results of JVC for the period between the fiscal year ended March 31, 2005 and the second
quarter of the fiscal year ended March 31, 2010 (including consolidated financial statements as a consolidated subsidiary of JVC
Kenwood), and to those of JVC Kenwood for the period from its establishment on October 1, 2008 to the second quarter of the fiscal
year ended March 31, 2010
①AV Control Center “KRF-V9300D”
④A gramophone of 1928
② Kenwood-brand Japanese consumer
model “MDV-313”
⑤ The worldʼs first VHS home video
recorder “HR-3300”
⑧Land Mobile Radio launched in the U.S.
③ JVC-brand overseas consumer
model “KW-NT3”
⑥Stereoscopic Image Processor “IF-2D3D1”
⑨Digital Media Receiver “KIV-700”
⑦FM Tuners
Joint Development Products
JVC KENWOOD Holdings, Inc.
Corporate History