ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Consumer Durables

Pioneer Corp.

Business Summary

Pioneer Corp. engages in the development, manufacture, and sale of electronic products. It operates through the Car Electronics and Others segment. The Car Electronics segment develops, manufactures, and sells advanced car electronics products and provide information services for cars and map software. The Others segment includes factory automation systems and development of new businesses in fields such as medical and health care-related devices. The company was founded by Nozomu Matsumoto on January 1, 1938 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2018 JPYUSD
Gross Profit65,521M591.17M
Operating income1,194M10.77M
Income before tax-4,661M-42.05M
Net income-7,123M-64.26M
Diluted EPS-19.12-0.17
Dividends Per Share00
Total Assets287,510M2,703.43M
Total liabilities202,576M1,904.80M
Total equity80,520M757.12M
Operating cash flow15,943M143.84M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 498,051M 501,676M 449,630M 386,682M 365,417M
Gross Profit 101,346M 98,604M 76,915M 69,185M 65,521M
Operating income 11,169M 7,778M 7,304M 4,167M 1,194M
Income before tax 5,665M 25,230M 4,900M -2,313M -4,661M
Net income 531M 14,632M 731M -5,054M -7,123M
EBITDA 67,081M 64,316M 60,597M 29,147M 21,825M
Diluted EPS 1.49 39.85 1.93 -13.76 -19.12
Dividends Per Share 0 0 0 0 0
Total Assets 327,913M 328,277M 298,012M 281,786M 287,510M
Total liabilities 250,097M 221,211M 207,526M 194,997M 202,576M
Total equity 72,459M 101,733M 85,675M 82,516M 80,520M
Operating cash flow 34,242M 34,564M 19,292M 19,614M 15,943M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 4,971.98M 4,566.64M 3,744.28M 3,570.88M 3,297.02M
Gross Profit 1,011.72M 897.57M 640.50M 638.90M 591.17M
Operating income 111.49M 70.80M 60.82M 38.48M 10.77M
Income before tax 56.55M 229.66M 40.80M -21.35M -42.05M
Net income 5.30M 133.19M 6.08M -46.67M -64.26M
EBITDA 669.66M 585.45M 504.62M 269.16M 196.91M
Diluted EPS 0.01 0.36 0.01 -0.12 -0.17
Dividends Per Share 0 0 0 0 0
Total Assets 3,184.08M 2,737.35M 2,651.47M 2,528.81M 2,703.43M
Total liabilities 2,428.47M 1,844.57M 1,846.39M 1,749.95M 1,904.80M
Total equity 703.58M 848.30M 762.26M 740.51M 757.12M
Operating cash flow 341.83M 314.62M 160.65M 181.12M 143.84M

Valuation Measures

Mar 2018
Operating margin0.32%
Profit margin-1.94%

Key executives

  • President & Representative Director: Koichi Moriya
  • Director & Manager-Technology Development: Mitsumasa Kato
  • Director & Managing Executive Officer: Harumitsu Saito
  • Director & Manager-Market Sales: Satoshi Odate
  • Director & Managing Executive Officer: Kunio Kawashiri


    Contact Details

    • Website:
    • Address: Bunkyo Green Court, 2-28-8 Honkomagome, Tokyo, 113-0021, Japan
    • Phone: +81.3.6634.8777

    Related Companies

    • Pioneer Korea Corp.
    • Pioneer (HK) Ltd.
    • Pioneer RUS LLC
    • Pioneer International Latin America SA
    • Pioneer China Holding Co. Ltd.
    • Pioneer Electronics de Mexico SA de CV
    • Pioneer Technology (Shanghai) Co. Ltd.
    • Dongguan Monetech Electronic Co. Ltd.
    • Pioneer Digital Design & Manufacturing (Hong Kong) Ltd.
    • Mogami (Dongguan) Electronics Co. Ltd.
    • Pioneer Suntec (Shanghai) Electronic Technology Co. Ltd.
    • Pioneer India Electronics Pvt Ltd.
    • Tohoku Pioneer (Thailand) Co. Ltd.
    • Tohoku Pioneer (Vietnam) Co. Ltd.
    • Pioneer Technology (Dongguan) Co. Ltd.
    • Pioneer Electronics (Shanghai Export Zone) Co. Ltd.
    • Pioneer Electronics of Canada, Inc.
    • Pioneer Technology (Malaysia) Sdn. Bhd.
    • Pioneer High Fidelity Taiwan Co., Ltd.
    • Pioneer Manufacturing (Thailand) Co., Ltd.
    • Pioneer Electronics AsiaCentre Pte Ltd.
    • Pioneer Digital Design & Manufacturing Corp.
    • Pioneer Hanbai Corp.
    • Pioneer Scandinavia AB
    • Pioneer Technology Portugal SA
    • Pioneer Holding BV
    • Pioneer Speakers SA de CV
    • Pioneer Marketing Corp.
    • Pioneer Mobile Nishinihon Corp.
    • Pioneer Plasma Display Corp.


    • Samsung Electronics Co., Ltd.
    • VOXX International Corporation Class A
    • Visteon Corporation
    • Guillemot Corp. SA
    • Stoneridge, Inc.
    • MicroVision, Inc.
    Last Updated on 27 Mar, 2019

    Discover the all new Nikkei Asia app

    • Take your reading anywhere with offline reading functions
    • Never miss a story with breaking news alerts
    • Customize your reading experience

    Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

    Celebrate our next chapter
    Free access for everyone - Sep. 30

    Find out more