Effective as of August 1st 2011, JVC KENWOOD Holdings, Inc. has changed its name to JVC KENWOOD Corporation.
| 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 |
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| JVC increased its capital through a third-party allocation of new shares 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 agreed and 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. (JVC Kenwood) through a stock transfer (JVC Kenwood’s 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) | |
| Launched a Kenwood-brand AV control center “KRF-V9300D” (an AV amplifier for home theater systems) that uses a HDMI/DSP module of J&K Technologies as the first product based on jointly developed technology (Photo(1)) | |
| Product planning and marketing functions for Kenwood’s home electronics business were taken over by the newly established Kenwood Home Electronics Corporation through a company split (simplified absorption-type split) | |
| 2009 | Functions in Japan and abroad, such as planning, technologies, marketing, quality assurance, and production, with the exception of sales, for the home audio business of JVC and Kenwood were integrated into JVC in July |
| 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 | |
| JVC and Kenwood each developed a car navigation system that adopts the same platform for the first time (Kenwood-brand Japanese consumer model: MDV-313 (Photo(2)) ; JVC-brand overseas consumer model: KW-NT3 (Photo(3))) | |
| 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 JVC Kenwood), and to those of JVC Kenwood for the period from its establishment on October 1, 2008 to the second quarter of the fiscal year ended March 31, 2010 |
(1) AV Control Center “KRF-V9300D”
(2) Kenwood-brand Japanese consumer model “MDV-313”
(3) JVC-brand overseas consumer model “KW-NT3”
