is a Japanese

consumer electronics Consumer electronics or home electronics are electronic (analog or digital) equipment intended for everyday use, typically in private homes. Consumer electronics include devices used for entertainment, communications and recreation. Usually r ...

company, specializing in premium

home cinema Home cinema, also called home theaters or theater rooms, are home entertainment audio-visual systems that seek to reproduce a movie theater experience and mood using consumer electronics-grade video and audio equipment that is set up in a room ...

and

audio equipment Audio equipment refers to devices that reproduce, record, or process sound. This includes microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and Speaker (audio equipmen ...

, including

AV receiver An audio/video receiver (AVR) is a consumer electronics component used in a home theater. Its purpose is to receive audio and video signals from a number of sources, and to process them and provide power amplifiers to drive loudspeakers and ro ...

s, 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 is a Japanese electronics company started in 1910 by Frederick Whitney Horn, an American entrepreneur. Denon produced the first cylinder audio media in Japan and players to play them. Decades later, Denon was involved in the early stages of de ...

). 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 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 s ...

'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 family remained the largest shareholders of the company with an approximately 26% stake, just above

Gibson Brands Gibson Brands, Inc. (formerly Gibson Guitar Corporation) is an American manufacturer of guitars, other musical instruments, and professional audio equipment from Kalamazoo, Michigan, and now based in Nashville, Tennessee. The company was for ...

, with a 16.5% stake. With the bankruptcy of Gibson in 2018, Onkyo's shares held by Gibson were sold. In May 2021,

Voxx International Voxx International is an American consumer electronics company founded as Audiovox Corporation in 1960, and renamed Voxx in 2012. It is headquartered in Orlando, Florida. The company specializes in four areas: OEM and after-market automotive ...

and

Sharp Corporation is a Japanese multinational corporation that designs and manufactures electronic products, headquartered in Sakai-ku, Sakai, Osaka Prefecture. Since 2016 it has been majority owned by the Taiwan-based Foxconn Group. Sharp employs more than 5 ...

began negotiations with Onkyo to purchase its home audiovisual division. Voxx's subsidiary Premium Audio Company (PAC) entered a joint venture with Sharp to acquire the business, which includes the Onkyo and Integra brands, for $30.8 million and the assumption of certain debt plus payment of commissions to Onkyo in future. PAC would own 75% of the joint venture and Sharp 25%. PAC would manage all product development, engineering, sales, marketing, and distribution while Sharp would be responsible for manufacturing and supply chain management of Onkyo products. The acquisition was completed in September 2021. Onkyo was delisted from the

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ...

in August 2021 due to the market's rules on negative net worth. On May 13, 2022, Onkyo announced that it was filing for bankruptcy. Onkyo, Integra, Pioneer and Pioneer Elite branded products continue to be distributed by PAC via its 11 Trading Company subsidiary. PAC and Sharp subsequently bought the remaining assets of Onkyo two months later.

Products

Onkyo se-80pci.jpg, Onkyo Wavio SE-80PCI PC sound card Onkyo DX7210.jpg, Onkyo DX7210 CD player Onkyo TX-NR414 20121015.jpg, Onkyo TX-NR414 5.1 surround sound AV receiver OnkyoT411.jpg, Onkyo T-411RDS tuner

References

External links

* {{Authority control Companies listed on the Tokyo Stock Exchange Electronics companies established in 1946 Audio equipment manufacturers of Japan Audio amplifier manufacturers Compact Disc player manufacturers Companies that have filed for bankruptcy in Japan Headphones manufacturers Manufacturing companies based in Osaka 1946 establishments in Japan Japanese brands Sound cards