Frequently Asked QuestionsShareholders and Investment Information

Frequently Asked Questions
Company information
Questions about business results
Questions about business its shares
Questions about Management Integration
Questions about Consolidation of Shares

Company information

When was the company established?
JVCKENWOOD Holdings, Inc. was established on October 1, 2008 through the integration of management of Victor Company of Japan, Limited (JVC) and Kenwood Corporation (Kenwood). In August 2011, the company changed its name to the present JVCKENWOOD Corporation (JVCKENWOOD). JVCKENWOOD, the holding company, completed an absorption-type merger of three business companies on October 1: JVC; Kenwood; and J&K Car Electronics Corporation. The company continues its operation to the present day.
What is the purpose of management integration?
To make it possible to survive in the digital era, and strive to enhance our competitiveness and profitability, we will allow the corporate base that JVC and Kenwood have built to evolve into a new existing base, and meanwhile, through the addition of synergies resulting from the management integration, we will grow and build corporate value and consolidate stable our status as a specialized manufacturer to lead the world. Please see “Management Integration” for more information. Management Integration

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Questions about business results

Where can I see business results of the company?
You can view the business results in the “IR Reference” section below. IR Reference
Where can I see the results trends of previous years?
The results trends of previous years are available in the “Financial Highlights” section below. Financial Highlights
When does the company close its books?
It closes its books at the end of March.
When are the next business results scheduled to be announced?
The “IR Calendar” below displays the announcement date for business results. IR Calendar
Can I look at the company’s Annual Reports?
Annual Reports are available in the “IR Reference” below. IR Reference

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Questions about its shares

What is the company’s stock code?
Its stock code is 6632.
What is the company’s current share price?
Its current share price can viewed in the “Share Price Information” section below.
* The information displayed lags actual transactions by 20 minutes. Share Price Information
When are dividend record dates?
March 31 and September 30 every year.
What is its share trading unit?
100 shares.
What is the total number of issued stock?
It is 139,000 thousand shares as of March 31, 2018.
When is the ordinary general meeting of shareholders?
We plan June every year.
Are there any special benefits for shareholders?
We regret that there are no special benefits at the moment.
Which company is your transfer agent?
Stock Transfer Agency Department, Sumitomo Mitsui Trust Bank, Limited.
Who should I contact to inquire about share-related procedures, such as transfer of shares and odd lots?

Please contact Stock Transfer Agency Department, Sumitomo Mitsui Trust Bank, Limited.

Administrator of shareholder registry 4-1, 1-chome, Marunouchi, Chiyoda-ku, Tokyo,
Stock Transfer Agency Department,
Sumitomo Mitsui Trust Bank, Limited
Mail destination 8-4, 2-chome, Izumi, Suginami-ku, Tokyo, 168-0063
Stock Transfer Agency Department,
Sumitomo Mitsui Trust Bank, Limited
Telephone inquiries 0120-782-031
Internet homepage URL http://www.smtb.jp/tools/english/

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Questions about Management Integration

What are the transfer ratios of shares?
One JVC share is entitled to two shares of the joint holding company and one Kenwood share is entitled to one share of the joint holding company.
What is share transfer?
Share transfer means that an existing company exchanges shares with a wholly-owning parent company in order to set up the wholly-owning company by itself or jointly with other companies. Shares owned by shareholders of the existing companies are transferred to the parent company in exchange for shares in the parent company. The scheme was put into effect under the revised Commercial Code of 1999.
What is the calculation of the share transfer ratios based on?

JVC and Kenwood calculated the share transfer ratios after careful negotiations and discussions between them, with reference to the calculation results of their respective financial advisory companies and comprehensively taking account of financial and asset conditions, and the future outlook of the two companies.

Specifically, the market share price method and the discounted cash flow method were adopted.

I have JVC (Kenwood) shares. What should I do with them?

Please contact Stock Transfer Agency Department, Sumitomo Mitsui Trust Bank, Limited.

Administrator of shareholder registry 4-1, 1-chome, Marunouchi, Chiyoda-ku, Tokyo,
Stock Transfer Agency Department,
Sumitomo Mitsui Trust Bank, Limited
Mail destination 8-4, 2-chome, Izumi, Suginami-ku, Tokyo, 168-0063
Stock Transfer Agency Department,
Sumitomo Mitsui Trust Bank, Limited
Telephone inquiries 0120-782-031
Internet homepage URL http://www.smtb.jp/tools/english/

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Questions about Consolidation of Shares

When were the shares consolidated?
The Company conducted a 10-for-1 share consolidation of its common shares effective August 1, 2010 (Sunday).
Every 10 shares held by shareholders and registered pledgees of shares recorded in the final shareholder registry as of July 31, 2010 (Saturday) (provided, however, that as the said date fell on a holiday for the administrator of the shareholder registry, the actual date was July 30, 2010 (Friday)) were consolidated into one share.
What was the purpose of the share consolidation?
When executing management integration, one JVC share was entitled to two JVCKENWOOD shares and one Kenwood share was entitled to one JVCKENWOOD share, in order to make the share transfer simple for shareholders. As a result, the total number of shares issued and outstanding exceeded one billion shares. In addition, the share price of JVCKENWOOD dropped amid a bearish trend in the stock market, which also caused relatively large fluctuations in the share price. We received comments and feedback seeking an improvement in the situation from stakeholders, such as financial institutions, business partners, and general investors.
For these reasons, the Company conducted a share consolidation of common stock in the expectation that it would lead to the formation of a share price that reflects a decrease in the number of shares issued and outstanding and adjusted the investment unit to an appropriate level.
What was the change in the number of shares following the share consolidation?
Through the consolidation of 10 shares into one share, the total number of shares issued and outstanding of the Company decreased from 1,090,002,015 shares to 109,000,201 shares (as of the date of share consolidation on August 1, 2010).

e.g., A shareholder holding 1,000 shares before the share consolidation was allocated 100 shares after the share consolidation.
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