Kenwood Corporation (JVC Kenwood Holdings Inc.)

Kenwood Corporation (JVC Kenwood Holdings Inc.) Overview

Company Headquarters: Japan

Founded: 2008

Workforce: ~ 16,585

Company Working: The Kenwood Corporation (JVC Kenwood Holdings Inc.) sold consumer gadgets. Since the merger of Kenwood Corporation and JVC in October 2011, it has been owned by JVCKenwood. Radios, cellular phones, speakers, cassette tape decks/recorders, amateur radio (ham) gear, radios, and other consumer devices are all produced by Kenwood. The company sells goods to both consumer and business markets. These markets include home audio, automotive audio aftermarket and OEM, in-car entertainment, amateur radio, professional two-way radio, and DECT wireless intercom.

Strategy

It plans to conduct a thorough strategic review of the business that needs to be addressed, consider profit improvement, withdrawal, or downsizing, and redesign its profit structure to concentrate on priority business and next-generation new business that can benefit from its strengths and core competencies.

Company Snapshot

$2.7M

Revenue

16,585

Employees

2008

Founded

Japan

Headquarters

SWOT Analysis

Strengths

Strong brand portfolio
Strong free cash flow

Weaknesses

Low investment made in new technologies
Product marketing

Opportunities

Expansion in emerging markets
Open new markets through government agreements

Threats

Fierce competition

Product Offering

Kenwood Corporation (JVC Kenwood Holdings Inc.)
- Audio Amplifier Market

Financial Performance

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