JVCKENWOOD Group Achieves Highest-Ever Profit and Increased Revenues in all Business Sectors

FY2024 is the second year of the JVCKENWOOD medium-term management plan "VISION 2025."

JVCKENWOOD group officially announced that in FY2024, the second year of the companies medium-term management plan "VISION 2025," JVCKENWOOD group achieved their highest-ever profit and also increased revenues in all business sectors as a result of focusing resources on growth areas through business portfolio reforms.

In particular, the Communications Systems Business in the Safety & Security Sector and the overseas OEM business in the Mobility & Telematics Services Sector drove the growth of the company, significantly contributing to strengthening the revenue base. In addition, the company is strongly focused on promoting ESG management and taking sustainability initiatives to build a foundation for growth with a long-term perspective.

FY2025 marks the final year of the JVCKENWOOD "VISION 2025," a pivotal period to firmly entrench the achievements to date and move forward to the next stage of growth.

EGUCHI Shoichiro, Representative Director of the Board, President and CEO
 stated:

"At JVCKENWOOD, we will continue to respond swiftly to the changing times and create new value as part of our ongoing efforts to maximize corporate value. Based on our corporate philosophy of "Creating excitement and peace of mind for the people of the world," the JVCKENWOOD Group works to maximize corporate value and realize a sustainable society while sharing diverse values with stakeholders."