A Message from Our CEO

To be a company that develops
sustainably by pursuing“excitement and peace of mind”

Change for Growth

We share our philosophy of providing "excitement
and peace of mind for the people of the world" as thefundamental belief of JVCKENWOOD Group's corporate
behavior. Based on this philosophy, each of us will sharewith all our stakeholders the richness of life and diverse
values that lead to inspiration and peace of mind.
For the fiscal year ended March 31, 2023, we achieved
our highest profit since the management integrationin all levels at and below core operating profit andachieved the targets of our previous medium-term
management plan “VISION 2023” one year ahead ofschedule.
As the next step toward our long-term vision, we willfurther increase our corporate value by evolving thebasic strategy of "Change for Growth" through theformulation of our new medium-term management
plan "VISION 2025" from a more stakeholder-oriented
perspective.

In formulating the medium-term management plan,
we also created a vision for medium- to long-termbusiness growth that will enable the Group to achievesustainable growth well into the future until 2030.
To realize this ideal, we will work under the idea of“design management,” in which we are more sensitive
than ever to human sensibilities and tastes, which
represent intangible value, and make use of them in ourmanagement.
The "excitement" in our corporate philosophy refers to
joy through sound and images, while "peace of mind"
represents safety and peace of mind in the real world.
Our basic management stance is to provide value bylinking this philosophy with social issues, and our goal
is to be a company that develops sustainably in pursuitof “excitement and peace of mind” for society.

Shoichiro Eguchi
Representative Director of the Board,
President and CEO

Corporate Profile*As of March 31, 2023

Company Name : JVCKENWOOD Corporation
Business Segments : Mobility & Telematics Services Sector
Safety & Security Sector
Entertainment Solutions Sector
Representative Director : Shoichiro EGUCHI, Representative Director of the Board, President and Chief Executive Officer (CEO)Date of Incorporation : October 1, 2008
Capital: 13,650,000,000 yen*

Number of Employees : 16,277 (consolidated)* 3,130 (non-consolidated)*
Fiscal Year-End : March 31
Head Office: 3-12, Moriyacho, Kanagawa-ku, Yokohama-shi, Kanagawa 221-0022
Head Office & Yokohama Business Center

Structure of JVCKENWOOD’s Corporate Philosophy, Management Principles and Values
Corporate Philosophy

Creating excitement and peace of mind for the people of the world
Corporate
Philosophy

We share our philosophy of providing "excitement and peace of mind for the people of the world" as thefundamental belief of JVCKENWOOD Group's corporate behavior. Based on this philosophy, each of us will
share with all our stakeholders the richness of life and diverse values that lead to inspiration and peace of mind.

Management Principles
Management
Principles■ Creating value through Monozukuri■ Building a corporate culture that adapts and embraces change■ Investing in people to strengthen capabilities and push boundaries

4 Values
4 Values

ChangeCreateEarning Power

Connect

New Medium-Term Management Plan "Vision 2025"
On April 27, 2023, JVCKENWOOD formulated a new medium-term management plan “VISION 2025,” which began in fiscal 2023. In light of theahead-of-schedule achievement regarding the key performance indicators (KPIs) of the previous medium-term management plan “VISION 2023”
and major changes in the business environment, the basic strategy of “Change for Growth” set forth in the previous medium-term management
plan will remain unchanged from the perspective of maximizing corporate value while aiming to accelerate our growth momentum by optimizing
our business portfolio. We will also optimize capital allocation and promote sustainability management. Through these initiatives, we will build astructure that ensures a stable ROE of 10% and early realization of P/B ratio of over 1.0.

Maximizing Corporate Value
Further evolve "Change for Growth" for sustained increase of corporate value
Aiming for ROE of 10% and early realization of P/B ratio of over 1.0.

Change for GrowthBusiness Strategy
Maximize corporate value by optimizing the business portfolio
Financial Strategy
Optimize capital
allocation

Sustainable Strategy
Promote sustainable
management

Further strengthen the management base

JVCKENWOOD Company Profile 2023

1

Business Overview and Products■ oRevenue composition ratio by business sector (FYE3/'23)

2%

17%

Mobility & Telematics Services Sector

OthersEntertainment
Solutions Sector

Safety & Security Sector

Revenue

22%
Safety &Security Sector

336.9 billion yen

59%
Mobility &Telematics
Services Sector

Entertainment Solutions Sector

The JVCKENWOOD Group will provide
products, services, and solutions that realize
its corporate philosophy of “Creating
excitement and peace of mind for thepeople of the world” in the three businesssectors.

Mobility & Telematics Services Sector
The Mobility & Telematics Services Sector
consists of the OEM Business and theMain Products & Services

Aftermarket Business that provide carnavigation systems, dashcams, and car
audio equipment. This sector also
develops the Telematic Service Businessthat provides communication-type
dashcams for automobile insurances andIn-vehicle amplifier/antenna/speaker
Car navigation system"Saisoku Navi" MDV-M910HDF

Display audio
DNR1007XR

taxi-hailing services. The Sector expands
the business domain by providing dataservice business, portable power stations,
Mirror dashcam
DRV-EMN5700

and alcohol detectors.

Dashcam
DRV-MR775C
Operation management info.

Alcohol detection info.

Providing operation management
and alcohol detection info.

Portable power station using recycled
batteries from electric vehicles(product image)

Telematics Service

Recording and communication alcohol detection service
Alcohol detector
CAX-AD300
Alcohol detector re-manufacturing business in Japan scheduled to be launched in summer 2023

2

JVCKENWOOD Company Profile 2023

Communication-type dashcam
STZ-DR900

Dustproof and waterproof
communication-type dashcam
STZ-DR30

Safety & Security Sector
The Safety & Security Sector consists of
the Communications Systems Business

Main Products

and Professional Systems Business toprovide products, services, and solutions
that contribute to people's lives,
livelihoods, and to create safe andsecure cities through professional radio

Amateur radio
TS-990 (above)
TH-D75 (right)(scheduled to be launched in 2024)

systems, security systems, professional
broadcasting systems, and medical
image display monitors.

Professional radio system"Viking P25" series

License free transceiver
UBZ-LS20
Security system
VN-H158WPR (left), VN-H58 (right)

Professional broadcasting system
EM-K150

Medical image display monitor
CL-S1200

Entertainment Solutions Sector
The Media Service Sector has developed awide range of products to meet the demands

Main Productsof home entertainment, remote workers, andincreased awareness of natural disasters andpandemics. In the Entertainment Business,

Portable power station
Portable solar panel BH-SV180 (left)
Portable power station BN-RF1500 (right)

we are working with a number of popularartists to expand our share of the packaged
and distributed music business and tostrengthen our non-music business.

Gen Hoshino
Headphones & Earphones
HA-FX150T (top left), KH-BIZ70T (top right)
HA-XC72T (bottom left), EH-W10 (bottom right)

Macross Series

・ The Victor brand’s "Mimiraku" EH-W10, an amplifier
hearing aid, received the Good Design Award 2022
held by the Japan Institute of Design Promotion, apublic interest incorporated foundation.
・ The JVC brand’s HA-KD10W, wireless kids
headphones, received the 16th Kids Design Award
held by the Kids Design Association, a non-profit
organization.

Projector
DLA-V90R

Keisuke Kuwata
Audio system
EX-D6

PTZ remote camera
KY-PZ510N

Music and video content

JVCKENWOOD Company Profile 2023

3

Sustainability
B a s i c P h i l o so p h y
The JVCKENWOOD Group believes it is important to meet the expectations of all
stakeholders through our business activities based on our corporate philosophy of"Creating excitement and peace of mind for the people of the world." Continuing to
be a company that is trusted by and contributes to society will ensure our sustained
growth. In order to promote corporate and social sustainability through our businessactivities, we will continue our efforts to solve various social issues, including addressing
climate change. In addition, we will build deep relationships of trust with all stakeholders
while striving to solve social issues though our business activities, thereby achieving
sustainable enhancement of our corporate value and contributing to society, including theachievement of the UN’s Sustainable Development Goals (SDGs).

C o n tri b u ti on to SD G s th ro u g h bus ines s ac tivities
1 Prevention of traffic
accidents andglobal warming

2 Response to disasterprevention and mitigation

Contributing to a safe and secure transportationsociety and the reduction of greenhouse gases
through car navigation systems, dashcams, andtelematics services. "Connected-type Alcohol
Detector"

3 Creating a safe andsecure community

Broadband wireless systems and portable power
stations that contribute to disaster prevention
and mitigation

Security systems that contribute to deterring
accidents and crime and support safe andsecure urban development

E n v i ro n me ntal In itiativ e s
We continue to strive to minimize environmental impact in all our business activities, product development, and service
deliveries. We have established an environmental vision and basic environmental policies and are implementing thefollowing four key objectives.
Addressing climate change

Effective use of resources

Environmental conservationand management

Preservation of biodiversity

Achieve carbon neutrality
by 2050

Achieve zero emissions(promotion of 3R management)

Proper management ofchemical substances

Conservation of ecosystems

In addition, we expressed our support for the recommendations of the Task Forceon Climate-related Financial Disclosures (TCFD) established by the Financial Stability
Board (FSB) and will continue to develop management strategies to address climatechange.

Web

4

JVCKENWOOD Company Profile 2023

Please visit our company website for more information on our sustainability activities.
https://www.jvckenwood.com/en/sustainability.html

S o c i a l I n i tiativ e s
We are committed to protecting the human rights of our employees and stakeholders as well as promoting diversity
and inclusion by implementing various measures. In addition, we recognize and implement various initiatives to ensure
product quality and safety, which are of paramount importance to us as a manufacturer.

For the enhancement of human capital
We will promote the following human capital measures in conjunction with our management strategy.
Initiative

Ideal state

Measures

Linkage between management andhuman resource strategies● Enhanced ability of each employee
to create value● Rewarding workplace● Realization of flexible work styles● Increased engagement

・Formulate human resource requirements and ability development plans
in conjunction with management strategies
・Strengthen strategic recruitment efforts for new graduates and mid-careers
・Activate rotation, especially among younger employees
・Cultivate "Customer orientation" through design management training
・Introduce a stock trust system for senior management
・Enhance communication measures, including management dialogue
・Develop a super flex-time system
・Promote new ways of working in Value
Creation Square (VCS)・Promote employment and career
opportunities for people with disabilities
・Respond to same-sex partners

Establishedhealthy andproductive work
styles・Health management reporting
・Enhancing measures to improve health literacy●

HR strategy
Diversity

Promotionof healthmanagement●

Key indicators

Number of recruits
Number of trainees● Engagement
indicators● Voluntary
retirement rate
●
●

●
●

Productivity indicators
R ate of employees on
administrative leave

Value Creation Square and Work Style ReformDiversity and Inclusion

To strengthen technological development and further promote work
style reforms to enhance corporate value over the medium- to longterm, we will establish a Value Creation Square as a new value
creation base that integrates corporate and technology departments
at the Head Office. (Scheduled for completion in summer 2024)

The promotion of diversity and inclusion is one of our key
initiatives. We believe that in order for employees to reach
their full potential, an organization needs to be a place where
people from diverse backgrounds can play active roles. Throughthese initiatives, we will create innovation and contribute to asustainable society through our business activities.

Eruboshi
Certification Logo

Image of Value Creation SquarePRIDE Index Gold
Award logo

G o v e r n a n ce In itiativ e s
In FY 2023, the Board of Directors established theSustainability Committee under the direct control of
the CEO to enhance the promotion of sustainability ingeneral. The Sustainability Committee is chaired by the
CEO and has three subcommittees. The Board of Directors
is also responsible for sustainability, including climatechange, and monitors matters related to these issues.

Board of Directors
Representative Director of the Board,
President & CEO
Sustainability Committee (Chairperson: CEO)

Sustainable Management Strategy Sub-Committee
Environment Sub-Committee
Suppliers Sub-Committee

Mobility &Telematics
Services Sector

Safety &Entertainment Administrative
Security Sector Solutions Sector Divisions

AffiliatedCompanies

JVCKENWOOD Company Profile 2023

5

Financial Highlights*Graphs based on the International Financial Reporting Standards (IFRS).

■ Revenue■ Operating profit & Core operating income*1(100 million yen)(100 million yen)

Operating profit

4,000

the parent company

Core operating income(100 million yen)

250

3,369
3,000

200

216

200

2,821

2,736

■ Profit attributable to owners of

162

150

158

150

100

2,000
100

91

75

1,000

0

71

22
0

0

2021/32022/3

59

50

49

50

2023/32021/32022/32023/32021/32022/32023/3*1 Revenue - (Cost of sales + Selling expenses + Generaland administrative expenses)■ Total assets/Total equity
Total assets■ Ratio of equity attributable to owners

Total equity(100 million yen)

3,000

2,808

2,643

2,994

（%）

40

20

30

685

2021/3840

2022/3

28.3

15

10

5

0

0

2022/32023/32021/3200

02023/32021/3 2022/3 2023/3

756

698

625

211

159

2021/32022/32023/3*6 Interest-bearing debt does not include lease liabilities*7 Interest-bearing debt - Cash and cash equivalents at the end of the period■ Revenue composition ratio■ Production ratio by region

2%

OthersEurope

18%

Japan

4%
9%

China

JVCKENWOOD Company Profile 2023

266

Cash flow frominvesting activities

-118

-98

-73

Cash flow fromfinancing activities

-53

-113

-140

Free cash flow

240

-27

193

37%

Depreciation expense/
Research and development expenses(100 million yen)2021/3 2022/3 2023/3

35%

24%
Americas

71

15%

38%
18%

358

■ Capital investment/(FYE 3/’23)

Japan

Cash flow fromoperating activities

63*5 Total equity attributable to owners of the parent company
÷ Number of shares issued

Others2023/3(100 million yen)

Net debt

0

by region (FYE 3/’23)

2022/3■ Cash flow

Interest-bearing debt

400

2022/3

3.6■ Interest-bearing debt*6 & Net debt*7

600

200

4.0

*3 Profit (loss) attributable to owners of the parent company ÷ Average
equity attributable to owners of the parent company for the fiscal year x 100*4 (Core operating income after tax + Equity in earnings of affiliates) ÷(Shareholders' Equity + Debt) average during the year x 100

800

394.332021/34.2(100 million yen)

486.268.3

8.1*2 Equity attributable to owners of the parent company ÷ Total
assets x 100*5604.39600

102021/3the parent company per share
(yen)

20

2023/3■ Equity attributable to owners of

6

ROIC

18.2

1,037

0

Europe

ROE

24.5

1,000

Asia/
China

company*3 & Return On Invested Capital (ROIC)*4

（%）

33.0

2,000

400

■ Ratio of profit attributable to owners of the parentof the parent company (Capital ratio)*2Southeast Asia

Capitalinvestment*8

103

124

114

Depreciation
expenses

193

171

176

Research anddevelopment
expenses

157

159

174

*8 Tangible fixed assets onlyCorporate History
JVCKENWOOD will provide products and solutions that create "excitement" and "peace of mind" by adding a design management
to the Group's strengths in audio, visual, and communication, which have been cultivated over its nearly 100-year history.
Victor Company of Japan, Limited

Kenwood Corporation

1927 Established Victor Talking Machine Company of Japan, Limited
1939 Produced the first TV receiver in Japan
1958 Launched Japan's first stereo LP and stereo set STL-1S
1972

Established Victor Musical Industries, Inc. (now JVCKENWOOD
Victor Entertainment Corporation

1976 Launched the HR-3300, the world’s first VHS recorder1986 Launched the GR-C7, the world’s smallest and lightest VHS-C video camera

First television
receiver in Japan

1957

Began exporting the FM-100 FM tuner for the first time as aJapanese manufacturer

1960 Renamed as Trio Electronics, Inc.
1962 Launched the TW-30, the industry’s first transistor amplifier
1978 Entered the professional radio equipment field in Japan
1980 Entered the car audio field in the U.S. and launched the KENWOOD brand car audio in Japan

FM-100HR-3300

2003 Launched the EX-A1, compact home stereo component system

Launched "Everio" GZ-HD7, the world’s first full HD hard disk
camcorder for consumers

Entry into car audio field

TW-30

GR-DV1

1995 Launched the GR-DV1, the world’s first pocket-sized digital camcorder2007

1946 Established as Kasuga Radio Co., Ltd.

1986 Renamed Kenwood Corporation

Official supplier contract with McLaren F1 Team1991 Developed and began to supply wireless radio systems

for the McLaren F1 Team’s exclusive use

2004 Acquired the wireless radio business of Toyo Communication Equipment Co., Ltd.
2005

Technical and capital alliance with Icom Inc. to jointly research thestandardization of technical specifications for digital wireless radio equipment

JVCKENWOOD Corporation
2008

JVC and Kenwood established the joint holding company JVC KENWOOD Holdings, Inc. through astock transfer (JVCKENWOOD’s shares were listed on the First Section of the Tokyo Stock Exchange)
Completed an absorption-type merger of its three subsidiaries: Victor Company of Japan, Limited, Kenwood Corporation, and J&K Car Electronics Corporation

2011

MDV-727DT

Launched the MDV-727DT, first-generation Saisoku-Navi devices that achieved high resolution and high-speed response
DLA-VS4800

2013 Launched the DLA-VS4800, the world’s first mass-production model of the professional-use D-ILA projector, which features an 8K high-definition display

Launched the NX-5000 series, the NEXEDGE series digital radio systems compliant with both the NXDN™ and P25 standards
2014

NX-5000 series

Launched the KNA-DR300
2016 Established JVCKENWOOD Public & Industrial Systems Corporation2017 Developed "EXOFIELD," out-of-head localization sound field processing technology
2019

Wireless theater system
KNA-DR300
XP-EXT1 using "EXOFIELD"

JVCKENWOOD’s communication-type dashcams adopted by Mitsui Sumitomo Insurance andAioi Nissay Dowa Insurance for the automotive insurance with dashcam

2021 Launched the DLA-V90R, the world's first 8K D-ILA home projector that supports 8K60p input

Moved from the First Section of the Tokyo Stock Exchange to the Prime Market
2022 Developed portable power station using recycled batteries from electric vehicles

Communicationtype dashcam

Portable power station
using recycled batteries
from electric vehicles.
(Product image)Received order from Delaware County, Pennsylvania, U.S.A., for P25 professional digital radio system
2023 Developed a dustproof and waterproof communication-type drive recorder (mobility cam)

Mobility camera

JVCKENWOOD Company Profile 2023

7

Our Management Team(As of July 1, 2023)

Directors of the Board

Shinjiro Iwata

Shoichiro Eguchi

Masao Nomura

Masatoshi Miyamoto

Akira Suzuki

External Director of the Board,
Chairman of the Board,
Nomination and Remuneration
Advisory Committee Member

Representative Director of theBoard, President and CEO,
Nomination and Remuneration
Advisory Committee Member

Representative Director of the Board,
Senior Managing Executive Officer,
COO Mobility & Telematics Services
Sector, In charge of Business Reform

Representative Director of
the Board, Senior Managing
Executive Officer, Chief
Financial Officer (CFO)

Director of the Board, Senior
Managing Executive Officer, COO
Safety & Security Sector, In charge of
Supply Chain Management Reform

Naokazu Kurihara

Yoshio Sonoda

Yuji Hamasaki

Hiromi Onitsuka

Yuji Hirako

Director of the Board,
Managing Executive Officer,
Head of Administrative
Division

Director of the Board, Managing
Executive Officer, Chief
Technology Officer (CTO), Chief
Information Security Officer (CISO)

External Director of theBoard, Chairman ofNomination and Remuneration
Advisory Committee

External Director of the Board,
Nomination and Remuneration
Advisory Committee Member

External Director of the Board,
Nomination and Remuneration
Advisory Committee Member

Audit & Supervisory Board Members

Masaki Imai

Katsumi Saito

Katsumi Kurihara

Tetsuya Fujioka

Audit & Supervisory Board
MemberExternal Audit & Supervisory
Board Member

External Audit & Supervisory
Board Member

External Audit & Supervisory
Board Member

Shinichi Takada

Akihiko Terada

Kazuyoshi Hayashi

Osamu Muraoka

Naoki Sekiya

Managing Executive Officer, General Executiveof Aftermarket Business Division, Mobility &Telematics Services Sector, Assistant to COO
Mobility & Telematics Services Sector

Managing Executive Officer,
COO China

Managing Executive Officer, Assistant to
Head of Administrative Division, General
Manager of Corporate Strategy Department,
In charge of New Business Development

Executive Officer, In chargeof Overseas Areas, General
Executive of Overseas
Business Marketing Division

Executive Officer, General
Executive of Domestic
Business Marketing Division

Executive Officers

Web

Hatsuhiko Iwasaki

Katsuya Sato

Hiroaki Kamata

Hisakazu Harada

Executive Officer, COO Entertainment
Solutions Sector, General Executiveof Media Business Division,
Entertainment Solutions Sector

Executive Officer, General Executiveof Communications Systems Division,
Safety & Security Sector, Assistant to
COO Safety & Security Sector

Executive Officer, General Executive of
Telematics Service Division, Mobility &Telematics Services Sector, General Manager
of DX Business Development Department

Executive Officer, General Manager
of Healthcare Business Division,
Safety & Security Sector, Assistant to
COO Safety & Security Sector

Stock Information
Name

Number of stocks held Ratio of shareholding

The Master Trust Bank of Japan, Ltd. (Trust Account)

25,462,100

15.53％

Custody Bank of Japan, Ltd. (Trust Account)

11,606,400

7.08％

SBI Securities Co., Ltd.

4,980,454

3.04％

JP Morgan Chase Bank 385632

3,980,400

2.43％

JPLLC-CL JPY
J.P. Morgan International Finance Limited

3,258,290

1.99％

2,901,137

1.77％

THE BANK OF NEW YORK MELLON 140040

2,864,200

1.75％Interactive Brokers LLC

2,799,725

1.71％

BCSL CLIENT RE BBPLC NYBR

2,623,921

1.60％

UBS AG LONDON A/C IPB SEGREGATED CLIENT AC COUNT

2,420,289

1.48％

Note:Shareholding ratio is calculated excluding treasury stock (62,792 shares).

8

For more information, please visit our website athttps://www.jvckenwood.com/en/corporate/management.html(As of March 31, 2023)

JVCKENWOOD Company Profile 2023

Japanese companies

Treasury stock

2.13%

Securities
companies

Financial
institutions

0.04%

8.79%

31.10%

Shareholder
26.75% composition ratio

Foreigncompanies

31.18%

Individuals
and others

Companies & Facilities(As of July 1, 2023)

Facilities (Japan)● Manufacturing Companies● Major Affiliated Companies

Names

Head Office & Yokohama Business Center

Locations

Names

Locations

Yokohama, Kanagawa

JVCKENWOOD Creative Media Corporation

Hachioji Business Center

Hachioji, Tokyo

JVCKENWOOD Victor Entertainment Corporation Shibuya-ku, Tokyo

Hakusan Business Center

Yokohama, Kanagawa

JVCKENWOOD Video Tech Corporation

Kurihama Business Center

Yokosuka, Kanagawa

JVCKENWOOD Public & Industrial Systems Corporation Yokohama, Kanagawa● Major Production Bases and Production Companies
Names

Locations

Kurihama Business Center

Yokosuka, Kanagawa

Yokosuka Business Center

Yokosuka, Kanagawa

JVCKENWOOD Yamagata Corporation

Tsuruoka, Yamagata

JVCKENWOOD Nagano Corporation

Ina, Nagano

JVCKENWOOD Nagaoka Corporation

Nagaoka, Niigata

Yokosuka, Kanagawa
Shibuya-ku, Tokyo

JVCKENWOOD Service Corporation

Yokosuka, Kanagawa

JVCKENWOOD Partners Corporation

Yokohama, Kanagawa

JVCKENWOOD Engineering Corporation

Yokohama, Kanagawa

JVCKENWOOD Design Corporation

Setagaya-ku, Tokyo

Hachioji Business Center

Hakusan Business Center

Kurihama Business Center

Facilities (Overseas)● Manufacturing Companies● Sales & Marketing Companies: APAC (Asia Pacific)

Names

JVCKENWOOD Electronics Malaysia Sdn. Bhd.

Locations

Names

Locations

Malaysia

JVCKENWOOD Singapore Pte. Ltd.

Singapore

JVCKENWOOD Optical Electronics (Thailand) Co., Ltd. Thailand

JVCKENWOOD Malaysia Sdn. Bhd.

MalaysiaPT JVCKENWOOD Electronics Indonesia

Indonesia

JVCKENWOOD (Thailand) Co., Ltd.

Thailand

Shanghai Kenwood Electronics Co., Ltd.

China

PT JVCKENWOOD Indonesia

Indonesia

JVCKENWOOD Australia Pty. Ltd.

Australia● Sales & Marketing Companies: Americas
Names

Locations● Major Affiliated Companies

JVCKENWOOD USA Corporation

U.S.A.

JVCKENWOOD Canada Inc.

CanadaEF Johnson Technologies, Inc.

U.S.A.

JVCKENWOOD Latin America, S.A.

PanamaASK Industries S.p.A.

Italy

Radio Activity S.r.l.

Italy

Rein Medical GmbHGermany

JVCKENWOOD Hong Kong Holdings Limited

China● Sales & Marketing Companies: EMEA (Europe, the Middle East and Africa)
Names

Locations

JVCKENWOOD U.K. Limited

U.K.

JVCKENWOOD Deutschland GmbHGermany

JVCKENWOOD Europe B.V.

Netherlands

JVCKENWOOD Italia S.p.A.

Italy

JVCKENWOOD Gulf Fze

U.A.E.

Names

Locations● Sales & Marketing Companies: China
Names

JVCKENWOOD Trading (Shanghai) Co., Ltd.

Locations

China

Sales & Marketing
Companies

U.S.A.
JVCKENWOOD USA Corporation

Netherlands
JVCKENWOOD Europe B.V.

China
Shanghai Kenwood Electronics
Co., Ltd.

Malaysia
JVCKENWOOD Electronics
Malaysia Sdn. Bhd.

Manufacturing
Companies

Thailand
JVCKENWOOD Optical
Electronics (Thailand) Co., Ltd.

Indonesia
PT JVCKENWOOD Electronics
Indonesia

JVCKENWOOD Company Profile 2023

9

Evaluations from ESG Rating Agencies

Selected as a constituent of
the ESG Index "FTSE Blossom
Japan Index"*for the second
consecutive year

Selected as a constituentof the ESG Index "FTSE
Blossom Japan Sector
Relative Index"**Management Surveys in Japan

Received an overallrating of 3.5 stars in
the 4th Nikkei SDGs
Management Survey

Received 3.5 in the 6th
Nikkei Smart WorkManagement Survey

Certifications in Japan

Received recognition as a
"Sports Yell Company" by
the Sports Agency for thesecond consecutive year

Received "Resilience
Certification" for the thirdtime from the Association
for Resilience Japan

Received the Commendation
Award in the Daiwa IR’ s
Internet IR Award for 4
consecutive years

Received the Best Website Awardin the overall category of Nikko IR's
"All Japanese Listed Companies'
Website Ranking 2022"* FTSE Russell confirms that JVCKENWOOD has been independently assessed according to the index criteria, and has
satisfied the requirements to become a constituent of the FTSE Blossom Japan Index. Created by the global index
and data provider FTSE Russell, the FTSE Blossom Japan Index is designed to measure the performance of companies
demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE Blossom Japan Index is usedby a wide variety of market participants to create and assess responsible investment funds and other products.
** FTSE Russell confirms that JVCKENWOOD has been independently assessed according to the index criteria, and has
satisfied the requirements to become a constituent of the FTSE Blossom Japan Sector Relative Index. The FTSE Blossom
Japan Sector Relative Index is used by a wide variety of market participants to create and assess responsible investment
funds and other products.

JVCKENWOOD Corporation
3-12, Moriyacho, Kanagawa-ku, Yokohama-shi,
Kanagawa, 221-0022, Japan
https://www.jvckenwood.com/en.html

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