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Consumer Durables

JVCKenwood Corp.

Business Summary

JVCKenwood Corp. engages in the design, manufacture, and sale of automotive products, home appliances, and wireless systems devices. It operates through the following segments: Automotive, Public Service, Media Service and Others. The Automotive segment manufactures and sells car audio systems, car navigation systems, drive recorders, and in-vehicle devices. The Public Service segment handles the manufacture and sales of professional wireless equipment, professional video surveillance equipment, professional audio equipment, and medical image display monitors. The Media Service segment includes the manufacture and sale of professional video cameras, projectors, headphones, consumer video cameras, home audio, audio and video software, and contracted business such as CD or DVD (package software). The Others segment covers service parts. The company was founded on October 1, 2008 and is headquartered in Yokohama, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue282,088M2,510.28M
Gross Profit71,554M636.75M
Operating income7,145M63.58M
Income before tax8,346M74.27M
Net income5,873M52.26M
EBITDA24,265M215.93M
Diluted EPS35.860.31
Dividends Per Share60.05
Total Assets280,807M2,313.54M
Total liabilities196,842M1,621.76M
Total equity79,495M654.95M
Operating cash flow7,059M62.81M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 300,687M 307,627M 291,304M 273,609M 282,088M
Gross Profit 79,541M 81,805M 74,742M 70,281M 71,554M
Operating income 6,353M 8,653M 5,685M 7,474M 7,145M
Income before tax 5,940M 6,401M 2,877M 4,306M 8,346M
Net income 2,390M 3,847M 955M 2,155M 5,873M
EBITDA 23,215M 26,447M 25,884M 26,790M 24,265M
Diluted EPS 17.19 24.95 5.81 13.13 35.86
Dividends Per Share 6 6 5 5 6
Total Assets 239,933M 250,617M 249,660M 264,326M 280,807M
Total liabilities 186,142M 185,291M 189,658M 195,799M 196,842M
Total equity 50,634M 62,009M 56,485M 64,645M 79,495M
Operating cash flow 18,379M 20,983M 21,642M 35,829M 7,059M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,712.98M 2,774.04M 2,679.25M 2,579.81M 2,510.28M
Gross Profit 717.66M 737.68M 687.43M 662.66M 636.75M
Operating income 57.32M 78.02M 52.28M 70.47M 63.58M
Income before tax 53.59M 57.72M 26.46M 40.60M 74.27M
Net income 21.56M 34.69M 8.78M 20.31M 52.26M
EBITDA 209.46M 238.48M 238.06M 252.59M 215.93M
Diluted EPS 0.15 0.22 0.05 0.12 0.31
Dividends Per Share 0.05 0.05 0.04 0.04 0.05
Total Assets 2,256.06M 2,264.23M 2,312.63M 2,392.09M 2,313.54M
Total liabilities 1,750.27M 1,674.03M 1,756.82M 1,771.93M 1,621.76M
Total equity 476.10M 560.22M 523.22M 585.02M 654.95M
Operating cash flow 165.82M 189.21M 199.05M 337.82M 62.81M

Valuation Measures

Mar 2022
PER4.95
ROA2.15%
ROE8.14%
Operating margin2.53%
Profit margin2.08%

Key executives

  • Executive President, CEO & Representative Director: Shoichiro Eguchi
  • Chief Financial Officer & Representative Director: Masatoshi Miyamoto
  • Director & Chief Technology Officer: Yoshio Sonoda
  • Representative Director & Head-Business Reform: Masao Nomura
  • Director & Senior Managing Executive Officer: Akira Suzuki

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.5%)
  • Nomura Asset Management Co., Ltd. (5.7%)
  • Dimensional Fund Advisors LP (3.7%)
  • The Vanguard Group, Inc. (2.3%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • ENDO SHIRO /INAGI/ (1.2%)
  • Dai-ichi Life Holdings, Inc. (1.1%)
  • Charles Schwab Investment Management, Inc. (1.0%)
  • Norges Bank Investment Management (0.9%)

Contact Details

Related Companies

  • Jvckenwood Board Incentive Plan
  • Rein Medical GmbH
  • JVC Kenwood Victor Entertainementc Corp.
  • Radio Activity S.r.l.
  • JVCKENWOOD Canada, Inc.
  • JVCKENWOOD Electronics (Thailand) Co. Ltd.
  • JVCKENWOOD Ukraine LLC
  • JVCKenwood Latin America SA
  • JVC KENWOOD do Brasil Comercio de Eletronicos Ltda.
  • JVCKENWOOD Procurement Center (HK) Ltd.
  • JVCKENWOOD France SAS
  • "JVC KENWOOD RUS" LLC
  • JVCKENWOOD Nederland BV
  • JVCKENWOOD Technologies Sigapore Pte Ltd.
  • JVCKenwood Belgium NV
  • JVCKENWOOD Thailand Co. Ltd.
  • Beijing JVC AV Equipment Co. Ltd.
  • JVCKENWOOD Italia SpA
  • JVCKENWOOD Hong Kong Ltd.
  • JVCKENWOOD USA Corp.
  • Victor Data Systems Co., Ltd.
  • JVC Kenwood Nagaoka KK
  • JVCKENWOOD Gulf FZE
  • JVC Professional Products Italia SpA
  • JVC Latin America SA
  • JVC Professional Products Canada, Inc.
  • JVC Logistics Europe NV
  • JVC Optical Components (Thailand) Co. Ltd.
  • Zetron Australasia Pty Ltd.
  • Zetron UK Ltd.

Competitors

  • Motorola Solutions, Inc.
  • Sonim Technologies, Inc.
  • Vidente Co. Ltd.
  • Coretronic Corporation
  • SEB SA
Last Updated on 6 Oct, 2022

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