Victor Company of Japan
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| Subsidiary | |
| Industry | Professional electronics and consumer goods |
| Founded | September 13, 1927 Yokohama, Japan |
| Headquarters | Yokohama, Japan |
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Key people
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Shoichiro Eguchi, President |
| Products | Audio, visual, computer-related electronics and software, media products |
| Revenue |
 ¥658.4 billion (Fiscal year ended March 31, 2008)
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Number of employees
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19,044 (Consolidated, as of March 31, 2008) |
| Parent | JVC Kenwood Corp. |
| Subsidiaries |
Victor Entertainment JCVision |
| Website | JVC Global |
Victor Company of Japan, Ltd (日本ビクター株式会社 Nippon Bikutā Kabushiki-gaisha?), : , usually referred to as JVC, is a Japanese international professional and consumer electronics corporation based in Yokohama. Founded in 1927, the company is best known for introducing Japan's first televisions and for developing the Video Home System (VHS) video recorder.
From 1953 to 2008, Matsushita Electric Industrial Co., Ltd. was the majority stockholder in JVC. In 2008, JVC merged with Kenwood Corporation to create JVC Kenwood Holdings.
JVC was founded in 1927 as "The Victor Talking Machine Company of Japan, Limited," a subsidiary of the United States' leading phonograph and record company, the Victor Talking Machine Company. In 1929 majority ownership was transferred to RCA-Victor. In the 1930s JVC produced phonographs and records. In 1932, JVC started producing radios, and in 1939 Japan's first locally-made television. JVC severed relations with its foreign partners during World War II. Today the record company in Japan is known as Victor Entertainment.
In 1953, JVC became majority-owned by the Panasonic Corporation. Panasonic released its ownership in 2007.
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Wikipedia