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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Pioneer Corporation

Pioneer Corporation
NYSE: PIO
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 NEWS FROM THE STANDARD
FCC Approves Satellite Mobile Phone Services
Jul 18 2001 10:27 AM PDT

 PROFILE
Pioneer (formerly Pioneer Electronic) takes you on a journey of sight and sound. About 45% of its sales come from car electronics (stereos, speakers, navigation systems), which are sold to retailers and automobile manufacturers. Pioneer also makes video equipment (projection TVs, DVD players, and laser karaoke systems) and audio products (stereo receivers, amplifiers, CD players, speakers systems, and the like). It also sells audiovisual software (DVDs, laser discs, CD-ROMs) and has a record label. The company is focusing more effort on DVD products, its new plasma display technology, and digital networking products. Pioneer has about 25 manufacturing facilities worldwide.

 COMPETITION
Matsushita Electric Industrial Co., Ltd. (MC)
Koninklijke Philips Electronics N.V. (PHG)
Sony Corporation (SNE)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 4,992.00
1-Yr. Sales Growth: (11.3)%
Employees: 27,414
Revenue per employee: $182,096.74

 KEY PEOPLE
• Kanya Matsumoto
    CEO
• Katsuhiro Abe
    CFO

 CONTACT INFO
4-1, Meguro 1-chome, Meguro-ku
Tokyo 153-8654, Japan
Phone: 81-3-3494-1111
Fax: 81-3-3495-4431
Online: Web Site

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