Kenwood 2002 Annual Report Download - page 8

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KENWOOD Corporation Annual Report 2002
06
Message from the President
— Rebuilding Kenwood New Management Policies
As part of the Restructure and Revitalization
Plan, the head office was moved to Hachioji in
May 2002. A considerable reduction in fixed
costs is expected by the move.
Home theater products are gaining popularity
in the European and American markets. Our
sights are now set on the Japanese market.
Malaysia will be the future production center
for car and home electronics products.