2012

NEWS RELEASE

March 27, 2012

Notice on Organizational and Personnel Changes and Changes in Appointed Duties of Directors as of April 1, 2012

JVCKENWOOD Corporation (JVCKENWOOD) hereby announces organizational and personnel changes and changes in appointed duties of Directors effective April 1, 2012 as follows.

1. Purport of Organization Changes

Following the organizational changes in the Home & Mobile Electronics Business Group (HM) effective January 16, 2012, JVCKENWOOD will establish the Car Electronics Business Division and the Professional Systems Business Division, which will be responsible for planning and developing hybrid products and strategic allocation of business group resources in the Car Electronics Business Group (CE) and the Professional Systems Business Group (PS), respectively, to develop an optimal system for the execution of business strategies.

In addition, JVCKENWOOD will further pursue the clarification of missions and the revision of duplicate functions, which the Corporate Division has been working on, to change the division into a more general and flexible organization, and will reallocate human assets to business divisions. It will also reform the Strategic Research & Development Division, which has grown significantly as a result of the organization change effective February 16, by incorporating IT Operations and the technology promotion function of CS, Safety, and the Service Office, which are under the former Corporate Administration Division (presently, Human Resources Management & Administration Division), into a system appropriate to the new organization.

2. Major Organization Changes

(1) CE Business Group

— Creation of CE Strategic Business Planning Division —

  • The CE Strategic Business Planning Division will be established as a level 1.5 unit under the direct control of the COO*.

* COO: Chief Operating Officer


(2) PS Business Group

— Integration of the Communications System Division with the Business Solution Division and creation of a cross-divisional organization —

  • The Communications System Division will become a level 1.5 unit as Communications System Operation under the BS Division.
  • Operational Divisions under the BS Division will be reorganized by function into Sales & Marketing Operation and Engineering Operation (both level 1.5 units).
  • The PS Strategic Business Planning Division will be established as a level 1.5 unit cross-divisional organization under the direct control of the COO.
  • The Quality Assurance Division will be established as a level 1.5 unit cross-divisional organization under the direct control of the COO.

(3) Global Production & Procurement Division

— Creation of the Global Monozukuri Center, the Production Information and Logistics Division and the Quality Guarantee Division —

  • The Production Innovation will be reorganized into the Global Production Center (a level 1.5 unit).
  • The Production IT Systems & Global Logistics Operation (a level 1.5 unit), which will be in charge of accelerating the reform of value chains, and the Quality Management Operation (a level 1.5 unit), which will be in charge of cross-company quality administration, will be established.

3. Changes in Appointed Duties of Directors

Name New Duties Former Duties
Hiroshi Kukimoto Director of the Board
Chief Technology Officer(CTO)
Director of the Board
Chief Technology Officer(CTO),
General Executive of Strategic Research & Development Division
Toshiaki Matsuzawa SOO Assistant to COO of Car Electronics Business Group,
General Executive of OEM Division.
President of Nagano Kenwood Corporation
SOO Assistant to COO of Car Electronics Business Group,
General Executive & Chief Engineer of OEM Division.
President of Nagano Kenwood Corporation
Shigenori Abe Operating Officer of Car Electronics Business Group, General Executive of Technology Development Division
General Manager of CE Strategic Business Planning Division
Operating Officer of Car Electronics Business Group, General Executive of Technology Development Division
Toshikatsu Neda SOO Assistant to COO of Professional Systems Business Group,
General Executive of Business Solution Division,
General Executive and Chief Engineer of Business Solution Division,
President of Video Tech Co., Ltd.,
President of Beijing JVC AV Equipment Co., Ltd.
SOO Assistant to COO of Professional Systems Business Group,
General Executive of Business Solution Division,
General Executive and Chief Engineer of Business Solution Division,
General Executive of Communications System Division,
President of Video Tech Co., Ltd., President of Beijing JVC AV Equipment Co., Ltd.
Kiyoshi Morohashi Operating Officer of Professional Systems Business Group,
Chief Engineer of Business Solutions Division,
General Manager of Engineering Operation
Operating Officer of Professional Systems Business Group,
Chief Engineer of Business Solutions Division, Chief Engineer of Communication System Division
Tadashi Muromoto Operating Officer, General Manager of Production Innovation,
Global Production and Procurement Division,
General Manager of Yokosuka Plant,
General Manager of Global Production Center
Operating Officer, General Manager of Production Innovation,
Global Production and Procurement Division,
General Manager of Yokosuka Plant,
General Manager of Production Innovation
Tadao Besyo Vice Operating Officer of Car Electronics Business Group, Chief Engineer of Device Development Department, Technology Development Division Vice Operating Officer of Car Electronics Business Group, Chief Engineer of Device Development Department, Technology Development Division,
General Manager of Overseas Sales & Marketing Department, OEM Division
Hirohito Kamiyama Vice Operating Officer of Professional Systems Business Group, General Manager of Sales & Marketing Operation, Business Solution Division,
General Manager of Domestic Sales System Solution Department, Business Solution Division
Vice Operating Officer of Professional Systems Business Group, General Manager of Infrastructure Systems Operation, Business Solution Division

For further information, please contact:

Inquiries from the press
Public & Investor Relations, Strategic Corporate Planning Division, JVCKENWOOD Corporation
3-12 Moriya-cho, Kanagawa-ku, Yokohama-shi, Kanagawa Prefecture 221-0022
TEL: +81-45-444-5232

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