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JVC Spins Off Media Business, Partners With Taiyo Yuden

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JVC Spins Off Media Business, Partners With Taiyo Yuden

Postby Ian on Mon May 26, 2008 4:20 pm

I think this will benefit both companies in the long run. Neither are a successful as they once were.

http://in.reuters.com/article/governmen ... 0420080526

http://www.jvc.co.jp/english/press/2008 ... 526a-e.pdf

At the Board of Directors’ meeting held on May 26, 2008, Victor Company of Japan, Limited (JVC) adopted resolutions to spin off its recordable media business to a new company, Victor Advanced Media Co., Ltd. and to transfer a portion of the new company's shares to Taiyo Yuden Co., Ltd. as described in the following.

Some disclosure items and content have been omitted since JVC is creating the new spin-off company independently.

Under its new Medium-term Management Plan, JVC is currently reforming its business structure and management foundation by focusing on consumer electronics, professional systems, and entertainment as its three future core businesses. These reforms include concentrated efforts to strengthen these core businesses, as well as fundamental review of
other businesses.

In the process of JVC’s investigation of thorough structural reforms the company considered the transfer or spin-off of its recordable media business.

As a result, JVC decided to spin-off this business to the new company Victor Advanced Media Co., Ltd. and transfer a portion of the shares of this company to Taiyo Yuden Co., Ltd. JVC judged this to be the best option for business continuity. It will also make maximum use of the brand strength, technology, and know-how that JVC has cultivated up to the present; ensure continuity in responsibility for product supply to existing customers; and secure the employment of JVC personnel working in the recordable media business.
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Postby dolphinius_rex on Tue May 27, 2008 2:05 pm

Hrm.... this will either save Taiyo Yuden or be their downfall. I still don't see this being enough to bring TY back to their original quality though. But it'd be nice if I was wrong! :D
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Re: JVC Spins Off Media Business, Partners With Taiyo Yuden

Postby Scour on Sun Jun 08, 2008 3:02 pm

Did this change the quality of TY-media?
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Re: JVC Spins Off Media Business, Partners With Taiyo Yuden

Postby dolphinius_rex on Mon Jun 09, 2008 12:29 pm

If it's going to change the quality of TY's media, it won't be THIS quickly noticable. The only change I've seen in TY's quality has been over the last 2 years, a steady downward progression as TY becomes far more concerned in quantity sales than quality products.
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Re: JVC Spins Off Media Business, Partners With Taiyo Yuden

Postby Scour on Mon Jun 09, 2008 3:36 pm

That´s a shame, but I´m also noticed it. The 8x TY was a way better, I remember
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