Stakeholder Engagement

The JVCKENWOOD Group operates businesses worldwide, engaging with a wide range of stakeholders. In today's rapidly changing environment, it is crucial to understand societal shifts and needs through communication with stakeholders, and to reflect these insights in our business strategies and activities. We believe this is essential for promoting sustainable corporate activities and addressing social challenges.

Our sustainability strategy identifies stakeholder engagement as a key element in achieving a sustainable society. We are committed to responsible dialogue and transparent information disclosure. By fostering co-creation with various stakeholders, we aim to achieve "profitable growth" and "solving social issues on a global scale" while maximizing corporate value.

 

JVCKENWOOD Group   Stakeholder Expectations for JVCKENWOOD Communication opportunities and means
  Customers
  • Prompt and appropriate support
  • Development of products that contribute to solving social issues
  • Promotion of manufacturing
  • Stable supply of products
  • Newspapers, magazines, TV commercials, radio, social media
  • Websites
  • Events and exhibitions
  • Product catalogs
  • Customer satisfaction surveys
  • Reports
  Employees
  • Respect for human rights
  • Promotion of work-life balance
  • Occupational health and safety and health promotion
  • Fair evaluation
  • Promoting diversity and inclusion
  • Intranet, Company newsletter
  • Internal events
  • Websites
  • Labor-management council meetings
  • Training programs, seminars, and e-learning
  • Awards system (JK Award)
  • Reports
  • Internal Reporting System
  • Health and Safety Committee
  • Enhancement of maternity, childcare,and nursing are support systems
  • Work style reforms, including remote working
  • Employee satisfaction survey
  Shareholders / Investors
  • Improvement of reputation as an investment target company
  • Appropriate return of profits
  • General meeting of shareholders, shareholder newsletters
  • Financial results, financial results briefing
  • Website
  • IR/SR meetings
  • News releases
  • Integrated reports, annual securities reports, financial results presentation materials
  • Responses and disclosures to ESG evaluation organizations
  Business partners
  • Collaboration to achieve sustainable procurement
  • Fair and equitable transactions
  • Newspapers, magazines, professional journals
  • Websites, online memberships
  • Reports and request forms
  • Participation in industry associations/committees
  • News releases, media relations
  • Partners meetings
  • Self-assessment questionnaires (SAQ)
  • Procurement guidelines
  Government / Local Communities / NPOs and NGOs
  • Build good relationships of trust
  • Consideration for the environment, human rights, and biodiversity
  • Compliance with laws and regulations
  • Contribution to local communities
  • Respect and protection of culture
  • Disaster relief
  • Newspapers, magazines, professional journals
  • Websites
  • Local events
  • Factory tours, on-site classes, internships
  • Participation in industry associations
  • Environmental protection and conservation activities, environmental education
  • Participation in human rights events
  • Donation of products related to disaster recovery
  • Employee participation in local volunteer activities

Innovative Initiatives

JVCKENWOOD Private Event (Customers, Business Partners)

The JVCKENWOOD Group holds the Private Event and other events as opportunities to communicate with customers and business partners. We introduced products, services and solutions that solve social issues, utilizing video, audio, and communications that the JVCKENWOOD Group specializes in.

We will continue to consider and implement opportunities to interact with customers and business partners in various styles.


Partners Meeting for Business Partners

The JVCKENWOOD Group has been strengthening communication with business partners to realize sustainable procurement together with them. At the annual Partners' Meeting, we promote awareness and understanding of the Procurement Policy and the Human Rights Policy, the CSR Procurement Guidelines, The Basic Environmental policy. In addition, we explain our commitment to developing a sustainable supply chain by confirming the status of business partners' sustainable procurement efforts and making continuous improvement activities with the use of the SAQ, and request their understanding and cooperation.


Constructive Dialogue with Shareholders

JVCKENWOOD aims to achieve sustainable growth and enhance corporate value over the medium to long term by having the top management actively in constructive dialogue (engagement) with investors and shareholders. Through such dialogue, JVCKENWOOD conveys its initiatives to those stakeholders to gain their understanding, and works to reflect their opinions and needs in the management strategy and business plan. See the page linked below for JVCKENWOOD’s policy for constructive dialogue with shareholders.
Policy for Constructive Dialogue with Shareholders


General Meeting of Shareholders and Investors

JVCKENWOOD held its 16th Ordinary General Meeting of Shareholders on June 21, 2024 and reported on the JVCKENWOOD Group’s Business Report and consolidated financial statements while deliberating on three proposals, all of which were approved at the meeting.

Furthermore, we accepted questions in advance via our website and posted answers to three questions of high interest on the day before the Ordinary General Meeting of Shareholders. The meeting was also livestreamed for shareholders who were not able to attend the meeting in person.


The 16th Ordinary General Meeting of Shareholders


E-mail Magazines for Customers, Business Partners, Shareholders and Investors

JVCKENWOOD uses SNS and e-mail magazines in addition to the Web as a direct information dissemination tool for customers and other stakeholders. In addition to deepening their understanding of our company, we provide information on the direction we are aiming for, news, products, services, solutions, and events, aiming to create new business opportunities.


Hosting SDGs Forum for Employees

Continuing from last year, SDGs Forum was held with the purpose of instilling an understanding of SDGs within the company and fostering a corporate culture.  A total of 10,600 employees of the JVC Kenwood Group participated in five events, including lectures, workshops and e-learning on topics such as environmental issues and human rights issues such as disabilities and LGBT.

For details, please see Contributions to SDGs


Community Investment and Social Contribution Activities Together with Government and Local Communities

The JVCKENWOOD Group is working together with the government and local communities to address regional issues and build a relationship of trust, aiming to operate businesses sustainably.

For details, please see Donations & Social Contribution Activities


NGOs and NPOs

In FY2023, JVCKENWOOD donated approximately 500 end-of-life PCs to Lights On Children, an NPO dedicated to helping children in need of social support. This brought the cumulative number of PCs donated to date to more than 2,700. The donated used PCs will be sold and used to fund the activities of Lights on Children.