JVC KENWOOD Holdings, Inc. · Yokohama-shi, Kanagawa Japan ·(Tokyo: 66320)
Company Description
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JVC KENWOOD Holdings is a vehicle designed to turn up the volume on the auto sound business. Created in 2008 by the merger of struggling electronics maker Victory Company of Japan (better known as JVC) and Kenwood Corporation , the joint holding company is a bid by the two former rivals to create a strong competitor in home and portable audio and car electronics. The holding company's three operating companies are JVC, Kenwood, and J&K Technologies, the research and development arm of the venture. JVC KENWOOD Holdings was formed in October 2008, after JVC's former parent Matsushita Electric (now Panasonic Corp .) moved to unload the troubled unit, which hadn't been winning in the market in recent years. To read the full description, subscribe now.
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Key JVC KENWOOD Holdings, Inc. Financials
| Company Type | Public - Tokyo: 66320 Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $3,983.0 |
| 2008 Employees | 700 |
JVC KENWOOD Holdings, Inc. Executives
13 executives listed for JVC KENWOOD Holdings, Inc.'s Yokohama-shi, Kanagawa location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Haruo Kawahara | Network |
| President, COO, and Director | Kunihiko Sato | Network |
| Deputy President, CFO, and Director | Hiroshi Odaka | Network |
Competition
Competitive Landscape for JVC KENWOOD Holdings, Inc.
Demand is driven by consumer income and the rate of product innovation. The profitability of individual companies depends on manufacturing efficiency and effective marketing and distribution. Large companies have advantages in economies of scale in manufacturing, marketing, and distribution. Small companies can compete effectively by offering specialty products or components in system solutions, such as speakers in a home theatre system. Average annual revenue per worker is about $500,000 per year. Audio and video equipment competes with PCs and game consoles in the consumer home entertainment market. PCs and game consoles are covered in profiles of the Computer Manufacture and Electronic Gaming Products industries. To read the full description, subscribe now.Top JVC KENWOOD Holdings, Inc. Competitors
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