JVC 2011 Annual Report Download - page 10

JVC KENWOOD Corporation
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The Group has been engaged in management under a holding-company system, with three companies as its main business entities.
Following management integration after the merger, the Group will increase the trust placed in it and the effect of integration, and more
quickly achieve profitable growth.
JVC KENWOOD Group has striven to produce synergies as rapidly as possible and driven forward various structural reforms since the
management integration implemented on October 1, 2008. As a result, JVC KENWOODʼs business performance and financial position
for the fiscal year ended March 2011 improved significantly.
JVC KENWOOD and three operating companies will merge in October 2011, thus to accelerate the strategy for profitable growth as
an integrated company, JVC KENWOOD Group is shifting to a new management structure to promote the growth strategy, effective as
of May 1, 2011. In this structure, the Chairman leads management integration and merger/integration preparation, while the Chief
Executive Officer (CEO) directs business operations. JVC KENWOOD also established four “business groups” accompanying four business
segments by restructuring the separate management structures of operating companies, and it is shifting to an integrated management
structure in which the CEO concurrently serves as President of the three operating companies and the operation of each business group
is, in effect, managed by the Chief Operating Officer (COO) reporting to the CEO.
Based on this concept, JVC KENWOOD, under the new management structure, has decided to establish a system for operating
officers who operate businesses under the COO, transferring most of the retiring directors of operating companies.
（1）Top management of JVC KENWOOD
Haruo Kawahara Chairman, Representative Director of the Board, Chairman of the Board of Directors and Senior Executive
Officer Responsible for Integrated Management.
Hisayoshi Fuwa President, Representative Director of the Board and Chief Executive Officer (CEO), Chairman of the Growth
Strategy
Shoichiro Eguchi Representative Director of the Board, Deputy President & Executive Officer, General Executive of Strategic
Corporate Planning Division
（2） Reorganization of management structure of operating companies and Establishment of COO for business groups
Shoichiro Eguchi COO of Car Electronics Business Group
Kazuhiro Aigami COO of Professional Systems Business Group
Hisayoshi Fuwa COO of Home & Mobile Electronics Business Group
Masaaki Saito COO of Entertainment Software Business Group
（3）Establishment of Growth Strategy Promotion Conference
The Growth Strategy Promotion Conference, which will drive forward strategic investments and group-wide growth strategy as
well as the mid-term business plan under the CEO, are to be established.
（2）
Purposes and concrete effects of the merger
（3）
New management structure after the merger
Special Feature
1. Consolidation of corporate management
The Group will enhance transparency and reliability by canceling classes to govern and integrating and speeding up decision-
making. It will do this by consolidating governance and internal control. It will also gather speed by driving ahead with
business reform through consolidating organizational management.
2. Consolidation of fund operation
The Group will significantly raise the degree of freedom and efficiency of fund management and cash flows.
3. Consolidation of internal systems
The Group will boost the vigor of the organization and employees by exchanging and utilizing human resources and unifying
awareness.