Corporate HistoryCorporate Information

Corporate History
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 of a total of 35 billion yen 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 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. (JVCKENWOOD) through a stock transfer (JVCKENWOODʼs 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)
2009 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
Launched the MDV-313, the first car navigation system for which the same JVC and Kenwood platform was adopted (Photo ①)
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 JVCKENWOOD), and to those of JVCKENWOOD for the period from its establishment on October 1, 2008 to the second quarter of the fiscal year ended March 31, 2010
Undertook steps to relocate the Company's head office and realign business divisions to promote Group management integration, enhance operating efficiency and maximize integration effects
2011 JVC KENWOOD Holdings, Inc. changed its name to JVCKENWOOD Corporation
Completed an absorption-type merger of its three subsidiaries: Victor Company of Japan, Limited, Kenwood Corporation, and J&K Car Electronics Corporation
2012 Acquired a total of 45.0% of the outstanding shares of Shinwa International Holdings Limited, a large-scale Hong Kong-based manufacturer and seller of CD/DVD mechanisms for car AV equipment (in-car CD/DVD mechanisms), making it into an equity-method company
Distributed dividends (¥5/share) for the first time since established JVCKENWOOD
Formulated a new “Medium-Term Business Plan,” which covered the period through to the fiscal year ended March 31, 2016
2013 Launched DLA-VS4800, the world’s first mass-production model of the professional-use D-ILA projector, which features an 8K high-definition display
Converted Shinwa International Holdings Limited into a consolidated subsidiary
Took over all of the shares of TOTOKU Nagaoka Corporation through an absorption-type corporate split from TOTOKU Electric Co., Ltd., and changed the corporate name from TOTOKU Nagaoka to JVCKENWOOD Nagaoka Corporation
2014 Invested in WiL FUND I, L.P. to accelerate growth strategy partnership with domestic and international venture companies
Signed an alliance with AIRBUS DEFENCE AND SPACE to develop and commercialise public safety wireless broadband systems
Obtained 100% ownership of EF Johnson Technologies, Inc., a company focused on delivering mission-critical, digital P25 communications solutions to the North American market
The JVCKENWOOD Group launched NX-5000 series, NEXEDGE series of multi-mode digital radio systems that complied with the P25 standard (Photo ②)
2015 Launched GY-LS300CH, professional 4K memory card camera recorder (Photo ③)
Converted ASK Industries S.p.A., the European In-vehicle Component Company, into a consolidated subsidiary
Reviewed the medium-term business plan announced in fiscal 2012 and formulated Vision 2020, the new medium- to Long-Term Business Plan that looks ahead to fiscal 2020
2016 Established JVCKENWOOD Public & Industrial Systems Corporation, aiming to expand the Professional Systems Business
2017 Announced the development of “EXOFIELD” out-of-head localization sound field processing technology, which enables reproduction and localization of the sound field of speakers in a listening room with headphones.
Completed an absorption-type merger of two consolidated subsidiaries; JVCKENWOOD Kenex Corporation and JVCKENWOOD Home Electronics Corporation.
①Integrated car navigation
system “MDV-313” manufactured
by Kenwood and JVC
②NEXEDGE NX-5000 series of
multi-mode digital radiosystems
that are compliant
with the P25 standard
③GY-LS300CH professional
4K memory card camera recorder
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