Electronics Industry In Japan
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Electronics Industry In Japan
The Japanese electronics industry is one of the largest in the world, though the share of Japanese electronics companies has significantly declined from its peak due to competition from South Korea, Taiwan, China, and the United States. Japanese companies have been responsible for a number of important innovations, including having pioneered the transistor radio and the Sony Walkman, Walkman (Sony), the first mass-produced laptops (Toshiba), the VHS recorder (JVC), and solar cells and LCD screens (Sharp Corporation, Sharp). Major Japanese electronics companies include Akai, Brother Industries, Brother, Canon Inc., Canon, Casio, Citizen Watch, Citizen, Fujifilm, Fujitsu, Hitachi, JVCKenwood, Konica Minolta, Kyocera, Mitsubishi Electric, NEC, Nikon, Nintendo, Olympus Corporation, Olympus, Onkyo, Panasonic, Pioneer Corporation, Pioneer, Ricoh, Seiko Group, Sharp Corporation, Sharp, Sony, TDK, Toshiba and Yamaha Corporation, Yamaha. History Japan's foreign direct investment in ...
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JVC GY-HD100 In Edmonton 20060720
JVC (short for Japan Victor Company) is a Japanese brand owned by JVCKenwood corporation. Founded in 1927 as the Victor Talking Machine Company of Japan and later as , 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, the Matsushita Electric Industrial Co. was the majority stockholder in JVC. In 2008, JVC merged with Kenwood Corporation to create JVCKenwood. JVC sold their electronic products in their home market of Japan under the "Victor" name with the His Master's Voice logo but used the name JVC or Nivico in the past for export due to differing ownership of the His Master's Voice logo and the ownership of the "Victor" name from successors of the Victor Talking Machine Company. In 2011, the Victor brand for electronics in Japan was replaced by the global JVC brand. However, the previous "Victor" name and logo are retained by JVCKenwood Victor Entertainment, and are used as J ...
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Mitsubishi Electric
, established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites. In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California. History MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company. MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005. The company acquired Nihon ...
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Japanese Yen
The is the official currency of Japan. It is the third-most traded currency in the foreign exchange market, after the United States dollar (US$) and the euro. It is also widely used as a third reserve currency after the US dollar and the euro. The New Currency Act of 1871 introduced Japan's modern currency system, with the yen defined as of gold, or of silver, and divided decimally into 100 ''sen'' or 1,000 ''rin''. The yen replaced the previous Tokugawa coinage as well as the various ''hansatsu'' paper currencies issued by feudal ''han'' (fiefs). The Bank of Japan was founded in 1882 and given a monopoly on controlling the money supply. Following World War II, the yen lost much of its prewar value. To stabilize the Japanese economy, the exchange rate of the yen was fixed at ¥360 per US$ as part of the Bretton Woods system. When that system was abandoned in 1971, the yen became undervalued and was allowed to float. The yen had appreciated to a peak of ¥271 per US$ ...
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Labor Costs
A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', ''prevailing wage'', and ''yearly bonuses,'' and remunerative payments such as ''prizes'' and ''tip payouts.'' Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers to all ...
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Protectionism
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the Import substitution industrialization, import-competing sector in the country from foreign competitors. Opponents argue that protectionist policies reduce trade and adversely affect consumers in general (by raising the cost of imported goods) as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries protected against. Protectionism is advocated mainly by parties that hold Economic nationalism, economic nationalist or left-wing positions, while economically right-wing political parties generally support free trade. There is a consensus among economists that protectioni ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Yamaha Corporation
is a Japanese multinational corporation and conglomerate with a very wide range of products and services. It is one of the constituents of Nikkei 225 and is the world's largest musical instrument manufacturing company. The former motorcycle division was established in 1955 as Yamaha Motor Co., Ltd., which started as an affiliated company but later became independent, although Yamaha Corporation is still a major shareholder. History Nippon Gakki Co. Ltd. (currently Yamaha Corporation) was established in 1887 as a reed organ manufacturer by Torakusu Yamaha (山葉寅楠) in Hamamatsu, Shizuoka Prefecture and was incorporated on 12 October 1897. In 1900, the company started the production of pianos. The first piano to be made in Japan was an upright built in 1900 by Torakusu Yamaha, founder of Nippon Gakki Co., Ltd. — later renamed Yamaha Corporation. The company's origins as a musical instrument manufacturer are still reflected today in the group's logo—a trio of interloc ...
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Seiko Group
is a Japanese corporate group consisting of three core companies Seiko Group Corp. (Seiko), Seiko Instruments Inc. (SII) and Seiko Epson Corp (Epson). The three companies are linked by a common thread of timepiece technology. Epson has established its own brand image and rarely uses 'Seiko'. On January 26, 2009, Seiko Holdings and Seiko Instruments announced that the two companies will be merged on October 1, 2009, through a share swap. Seiko Instruments became a wholly-owned subsidiary of Seiko Holdings on October 1, 2009. On May 10, 2022, Seiko Holdings Corporation announced that it would rename Seiko Group Corporation as of October 1, 2022. Seiko Watch Corp., a subsidiary of Seiko Holdings Corp., markets SEIKO watches while Seiko Instruments Inc. and Seiko Epson Corp. manufacture their movements. Time Module (TMI), a member of the Seiko Group, was established in 1987 with funding from Seiko Watch Company, Seiko Instruments Inc., and Seiko Epson Corp. to manufacture watch mo ...
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Ricoh
is a Japanese multinational imaging and electronics company (law), company. It was founded by the now-defunct commercial division of the Riken, Institute of Physical and Chemical Research (Riken) known as the ''Riken concern (business), Concern'', on 6 February 1936 as . Ricoh's headquarters are located in Ōta, Tokyo, Ota, Tokyo. Ricoh produces electronic products, primarily cameras and office equipment such as Printer (computing), printers, photocopiers, fax machines, offers Software as a service, Software as a Service (SaaS) document management applications such as DocumentMall, RicohDocs, GlobalScan, Print&Share and also offers Projectors. In the late 1990s through early 2000s, the company grew to become the largest copier manufacturer in the world. During this time, Ricoh acquired Savin (photocopiers), Savin, Gestetner, Lanier, Rex-Rotary, Monroe Calculator Company, Monroe, Nashuatec, Ikon Office Solutions, IKON and most recently IBM Printing Systems Division / Infoprint ...
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Pioneer Corporation
commonly referred to as Pioneer, is a Japanese multinational corporation based in Tokyo, that specializes in digital entertainment products. The company was founded by Nozomu Matsumoto in January 1, 1938 in Tokyo as a radio and speaker repair shop. Its current president is Susumu Kotani. Pioneer played a role in the development of interactive cable TV, the LaserDisc player, the first automotive Compact Disc player, the first detachable face car stereo, Supertuner technology, DVD and DVD recording, the first AV receiver with Dolby Digital, plasma display (with the last 2 years of plasma models being branded as Kuro, lauded for their outstanding black levels) and Organic LED display (OLED). The company works with optical disc and display technology and software products and is also a manufacturer. BMW, Volkswagen Group and Daimler AG of Germany jointly acquired a 3% ownership stake in Pioneer through a joint venture company called Here B.V. Most of Pioneer's shares are held by ...
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Panasonic
formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational corporation, multinational Conglomerate (company), conglomerate corporation, headquartered in Kadoma, Osaka, Kadoma, Osaka Prefecture, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb socket manufacturer. In addition to consumer electronics, of which it was the world's largest maker in the late 20th century, Panasonic offers a wide range of products and services, including Rechargeable battery, rechargeable batteries, automotive and avionic systems, industrial systems, as well as home renovation and construction. Panasonic has a primary listing on the Tokyo Stock Exchange and is a constituent of the Nikkei 225 and TOPIX, TOPIX 100 indices. It has a secondary listing on the Nagoya Stock Exchange. Corporate name From 1935 to October 1, 2008, the company's corporate name was "Matsushita Electric Industrial Co." (MEI). On January 10, 2008, the ...
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Onkyo
is a Japanese consumer electronics company, specializing in premium home cinema and audio equipment, including AV receivers, surround sound speakers and portable devices. The word ''Onkyo'' translates as "sound resonance". ''On'' () is from Chinese pronunciation, with traditional Japanese pronunciation as ''Oto'', meaning "the sound". ''Kyo'' () is also from Chinese pronunciation, pronounced as ''Hibiki'' (noun) or ''Hibiku'' (verb) in traditional Japanese, meaning "resound, sound, or echo". The company started under the name of Osaka Denki Onkyo K.K. in 1946 (a company not related to Nippon Denki Onkyo, which became Denon). The current Onkyo Corporation umbrella includes the Integra and Integra Research divisions as well as the main Onkyo brand. History In March 2015, Onkyo purchased Pioneer Corporation's Home Electronics Corporation, which produces home cinema amplifiers, Blu-ray players and other AV products. In return, Pioneer took a 14.95% stake in Onkyo. The Ohtsuki f ...
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