Type Corporation Industry Electronics Revenue 285 billion JPY (2015) Net income 4.7 billion JPY (2015) | Traded as TYO: 6632 Number of employees 17,884 (2016) Founded 1 October 2008 | |
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Key people Haruo Kawahara
(Chairman)
Takao Tsuji
(President) Products Audio, visual, computer-related electronics and software, media products Stock price 6632 (TYO) JP¥ 298 +2.00 (+0.68%)17 Mar, 3:00 PM GMT+9 - Disclaimer CEO Haruo Kawahara (1 Oct 2008–) Headquarters Yokohama, Kanagawa Prefecture, Japan Subsidiaries JVC, Kenwood Corporation, E. F. Johnson Company Profiles | ||
JVCKenwood Corp. (Stylized in all-caps) (JVCケンウッド) is a multinational electronics company headquartered in Yokohama, Japan. It was formed from the merger of Victor Company of Japan, Ltd and Kenwood Corporation on October 1, 2008. Upon creation, Haruo Kawahara of Kenwood was the holding company's chairman, while JVC President Kunihiko Sato was the company's president. JVCKENWOOD Corporation focuses on car and home electronics, wireless systems for the worldwide consumer electronics market, professional broadcast, CCTV and digital and analogue two way radio equipment and systems.
Contents
History
On October 1, 2008, JVC and Kenwood agreed to and signed an agreement to integrate their management through the establishment of a joint holding company (stock transfer). The joint holding company was named "JVC KENWOOD Holdings, Inc.".
On Monday, May 31, 2010, JVCKENWOOD announced that it would end camcorder production in Japan by March 2011 and shift production overseas to cut losses.
On August 1, 2011, "JVC KENWOOD Holdings, Inc." was renamed to "JVC KENWOOD Corporation" and an absorption-type merger was finalized for the JVC and Kenwood subsidiaries. This officially ended the 2 separate companies.
On March 25, 2014, JVCKENWOOD acquired 100% ownership of EF Johnson Technologies, in order to "increase its P25 North American public safety and professional LMR system market share". EF Johnson became a wholly owned subsidiary.