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Home > Company Index > Consumer Products-Durables > Consumer Electronics > Aiwa Co., Ltd.
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Aiwa Co., Ltd. |
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PROFILE |
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Though Aiwa was created in 1951 as microphone manufacturer, these days its customers do more listening than talking. The company developed the first stereo cassette recorder and digital audio tape products. It gets about 83% of its sales from audio products such as minidisc recorders, CD players, car stereos, headphones, and other components. Aiwa also makes home theater systems, TVs, VCRs, DVD players, disk arrays, tape drives, CD-ROM drives, modems, and multimedia speakers. Aiwa is initiating a major overhaul to slim operations; changes include closing eight of its nine factories and cutting its workforce by 50%. Consumer electronics powerhouse Sony owns 51% of Aiwa.
COMPETITION |
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Kenwood Corporation (dossier)
Matsushita Electric Industrial Co., Ltd. (MC)
Pioneer Corporation (PIO)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
2000 Sales (mil.): 3,107.30
1-Yr. Sales Growth: 5.9%
Employees: 8,345
Revenue per employee: $372,354.70
KEY PEOPLE |
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Kenji Tamiya
CEO
Tsuneo Taida
CFO
CONTACT INFO |
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1-2-11, Ikenohata, Taito-ku
Tokyo 110-8710, Japan
Phone: 81-3-3827-3111
Fax: 81-3-3827-2888
Online: Web Site
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