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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Victor Company of Japan, Limited

Victor Company of Japan, Limited
OTC: VJAPY
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 PROFILE
From Victor Company of Japan (JVC) come such spoils as VCRs, TVs, and home and car stereos. The consumer electronics maker's other products include CDs, DVDs, videotapes, and digital video cameras. It also makes information and networking systems, computer components, and karaoke machines. More than 60% of JVC's sales come from outside Japan. Founded in 1927, JVC has been affiliated with Matsushita Electric since that company bought a majority stake in 1954 (it now owns 52%). JVC went on to produce the original VHS format for VCRs. Lately the company has been cutting staff, shifting production out of Japan, and dumping unprofitable businesses while increasing its emphasis on digital and network-related products.

 COMPETITION
Koninklijke Philips Electronics N.V. (PHG)
Sony Corporation (SNE)
THOMSON multimedia S.A. (TMS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 8,248.10
1-Yr. Sales Growth: 3.8%
Employees: 35,876
Revenue per employee: $229,905.79

 KEY PEOPLE
• Takeo Shuzui
    CEO

 CONTACT INFO
12, Moriya-cho, 3-chome, Kanagawa-ku
Yokohama 221-8528, Japan
Phone: 81-45-450-2837
Fax: 81-45-450-1574
Online: Web Site

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