Corporate Profile & Presentation

1. Corporate Profile & Presentation JVC

2. Contents • Victor Company of Japan • JVC Europe Company • Europe: Background information

3. Victor Company of Japan Ltd Basic information • Founded in 1929 • Global HQ in Yokohama - Japan • Current President: Mr Takeo Shuzui • Turnover FY 1999: Yen 870 billion (consolidated) • Number of employees: • Japan: 11,000 • Overseas: 13,000

4. Victor Company of Japan Ltd • Sales Breakdown FY99 • Consumer: Y 585bn • Professional: Y 88bn • Components: Y 67bn • Entertainment: Y125bn • Others Y 5bn

5. The World is our Stage • JVC is a truely multinational company with sales, marketing and R & D facilities in Asia, Pacific, Europe, America and Africa • Manufacturing facilities can be found from Japan to Berlin and from USA to China • This global presence enables us to be at the forefront of rapidly changing Digital, Multi Media and Network age.

6. Company in Company Structure • From April 1, 2000 JVC announced reforms to its Group Structure, in order to seize further growth opportunities and enhance profitability in the new digital and network age. • Whilst enhancing its business areas, the new structure will simultaneously aim at a maximisation of shareholder value.

7. Company in Company Structure • The new 4 Business Based Companies: • AV & Multimedia Company • Component & Device Company • Media Products Company • Entertainment Software Company

8. Company in Company Structure • 3 Regional Companies were established at the same time: • Europe Company • Americas Company • Asia & Middle East Company

9. Company in Company Structure • Each of these companies has authority and clear responsibility in order to promote local management, accelerate decision making and maximise profitability. • Each company develops a package of marketing, development, production, sales and Customer Satisfaction guidelines, geared for local markets, businesses and regional areas

10. Technology Creator • AV & Multi Media Company • Home AV Network Business Unit • Personal & Mobile Network Business Unit • Communication Network Business Unit • Projection & System Network Business Unit • IT Network Division • AV & Multi Media Laboratory • VDR Development Department

11. Technology Creator • Component & Device Company • integrate global component manufacturing and marketing into 1 organisation • Media Products Company • Rinkan Centre: disc media • Mito Centre: recording media • Mastering Centre: new media, mastering & authoring • Business Development Centre: development of new business models for network age

12. Technology Creator • Entertainment Software Company • Victor Entertainment Inc. • Universal Victor Inc. • Techchiku Entertainment Inc. • Newly established “Victor Pictures Division” • Development of visual software business

13. Corporate Milestones • Since its creation in 1929, JVC has continued to develop groundbreaking new technologies, from the first vinyl records in Japan to the VHS system. • 2000: Introduction of ILA Projection TV • 1999: 1st manufacturer to introduce D-VHS to the market in Europe (US/Japan in 1997) • 1997: Introduction of the world’s first and smallest Digital Video Camera

14. Corporate Milestones • 1991: Introduction of Widescreen TV • 1982: Introduction of VHS-C format • 1976: Invention of VHS-system for home use • 1958: Development of 45/45 degrees groove system for stereo vinyl records • 1939: Japan’s first TV • 1930: Production of vinyl records and record players

15. Cultural Contributor • Culture comes in many shapes and forms. JVC supports the culture of “excitement”. • As a leading player in the global entertainment industry, JVC enables people all over the world to enjoy a range of cultural events and festivals

16. Cultural Contributor • JVC has been an Official Sponsor of UEFA and FIFA football events since 1980 • EURO2000 was a great success and expectations are high for the 2002 World Cup Japan/Korea. • Did you know that the final match of the next world cup will be played in Yokohoma, home of JVC?

17. Cultural Contributor • Sponsor of JVC Jazz Festivals since 1984 • JVC Tokyo Video Festival: • an international competition for video films created by professionals and amateurs • Kennedy Space Centre Visitor Complex

18. Europe Company JVC Europe Ltd

19. Europe Company • The JVC Europe Company was formally established on April 1, 2000 • President: Kunihiko Sato • Maximise local strengths and autonomy • faster response to changing markets • further improvement of marketshares • expanding sales and profit

20. Organisation Chart

21. Sales & Marketing Organisation • A fundamental role in the sales and marketing of JVC products and services in Europe is full-filled by its network of wholly-owned Subsidiaries and Distributors • consumer and professional products • sales & marketing support • after sales support • servicing

22. Sales & Marketing Organisation Red: JVC Subsidiary Yellow: JVC Distributor Representative Office

23. Position in Europe • The consumer electronics industry in Europe continues to experience tough trading conditions in Europe • increased competition • accelerated price erosion • stable/declining markets (HiFi, CTV, VCR) • In this environment, JVC has increased its marketshare steadily over recent years • No. 4 in Europe with marketshare > 5.3%

24. Marketshare JVC in Europe CE33 Source: GfK Market Share JVC in Europe (10), value base, Feb-July 2000

25. European Awards • JVC’s leading edge technology and design continues to be recognised by Europe’s leading specialist magazines • EISA and TIPA Awards are voted annually by leading journalists from Europe’s Photo, Video, Audio and Home Entertainment Magazines

26. European Awards • During the last 4 years, JVC products were voted “European product of the Year” for not less than 12 times” • 10 EISA Awards • 2 TIPA Awards • For 2000/2001 JVC recently received: • EISA: European VCR of the Year: HR-S9700 • EISA: European Home Theatre System of the Year: TH-A10R

27. Manufacturing in Europe • Underlining its prime position in the European CE market, JVC has 2 large manufacturing facilities in Europe • JVC Manufacturing UK (Scotland): Production of CTVs and professional monitors for European market • JVC Video Europe (Berlin): Production of VCRs for European market

28. Logistics in Europe • In addition to the 2 manufacturing facilities in Europe, which are both capable of distribution directly to our key retailer’s warehouses/distribution centres, JVC also opened recently a brand new, state-of-the-art European Logistics centre & warehouse in Boom, near Antwerp • > 15,000 sq.m.

29. JVC Pro Systems • In addition to “traditional” consumer electronics products, JVC is also a leading player in the Pro Systems Field • Production & Post Production • Cameras, Camcorders, VTR, Displays, Monitor, Non-Linear Editing Systems • Security & CCTV Systems • CCTV cameras, domes, VCRs,.

30. JVC Pro Systems • Display & Presentation • LCD, Plasma, D-ILA and CRT display and monitor systems • Network & Storage Solutions • Optical Disc libraries, Wireless LAN, • Duplicators

31. JVC Component & Devices • Although not immediately visible to the eye, JVC is one of the largest manufacturers of key components and devices for the electronics, IT and Telecom industries • Products include: • optical pickup for CD/DVD, video heads and drums, deflection yokes, high density multi layer build-up PWB, high precision motors

32. JVC Companies across Europe • JVC Europe Ltd • Headquarters JVC Europe Company • Head Office: London • President: Mr K. Sato • Established: April 1998 • Number of staff: 42 • www.jvc-europe.com

33. JVC Companies across Europe • JVC UK Ltd • Sales & Marketing company for the UK and Ireland • Head Office: London • Satellite offices: Dublin and Leeds • President: Mr N. Tachikawa • Established: Aug. 1973 • Number of staff: 171 • www.jvc.co.uk

34. JVC Companies across Europe • JVC France S.A. • Sales & Marketing company for France • Head Office: Carrieres-sur-Seine (Paris) • President: Mr N. Takeuchi • Established: Oct. 1996 (merger of JVC Audio France and JVC Video France) • Number of staff: 124 • www.jvc.fr

35. JVC Companies across Europe • JVC Deutschland GmbH • Sales & Marketing company for Germany • Head Office: Friedberg (Hessen) nr. Frankfurt • President: Mr H. Yoshida • Established: Mar. 1978 • Number of staff: 101 • www.jvc.de

36. JVC Companies across Europe • JVC Austria GmbH • Sales & Marketing company for Austria • Head Office: Vienna • President: Mr A. Lassner • Established: Jun. 1984 • Number of staff: 26 • www.jvc.at

37. JVC Companies across Europe • JVC Nederland BV • Sales & Marketing company for the Netherlands • Head Office: Leiden • President: Mr J. Shimada • Established: Mar. 1988 • Number of staff: 70 • www.jvc.nl

38. JVC Companies across Europe • JVC Belgium S.A. • Sales & Marketing company for Belgium and Luxembourg • Head Office: Brussels • President: Mr J. Swaelens • Established: Mar. 1988 • Number of staff: 60 • www.jvc.be

39. JVC Companies across Europe • JVC Italia Spa. • Sales & Marketing company for Italy • Head Office: Milan • President: Mr D. Fujii • Established: Apr. 1988 • Number of staff: 30 • www.jvc-europe.com

40. JVC Companies across Europe • JVC Espana S.A. • Sales & Marketing company for Spain, Andorra and Balearic and Canaric isles • Head Office: Barcelona • President: Mr Y. Eguchi • Established: Apr. 1989 • Number of staff: 87 • www.jvc.es

41. JVC Companies across Europe • JVC Svenska AB / JVC Scandinavia AB • JVC Svenska: Sales and Marketing company for Sweden • JVC Scandinavia: Regional HQ for Nordic markets: Sweden, Norway, Denmark • Head Office: Jarfalla - Stockholm • President: Mr M. Horikoshi • Established: JVC Svenska: 1982 and JVC Scandinavia: 2000 • Number of staff: JVC Svenska: 33 and JVC Scandinavia: 2

42. JVC Companies across Europe • JVC Norge A/S • Sales and Marketing company for Norway • Head Office: Tonsberg • President: Mr J.W. Abrahamsen • Established: June 1984 • Number of staff: 28 • www.jvc.no

43. JVC Companies across Europe • JVC Danmark A/S • Sales and Marketing company for Denmark • Head Office: Tastrup • President: Mr J.W. Abrahamsen • Established: June 1984 • Number of staff: 25 • www.jvc.dk

44. JVC Companies across Europe • JVC International (Europe) Ltd • Sales and Marketing company for Central and Eastern Europe, incl. Russia • Head Office: London • Liaison Offices: Moscow, Budapest, Kiev • President: Mr Suetake • Established: August 1996 • Number of staff: 40 • www.jvc.ru

45. JVC Companies across Europe • JVC Polska Sp.z.o.o • Sales and Marketing company for Poland • Head Office: Warsaw • President: Mr K. Minami • Established: April 1997 • Number of staff: 23 • www.jvc.com.pl

46. JVC Companies across Europe • JVC Czech • Sales and Marketing company for Czech Republic • Head Office: Prague • President: Mr T. Shirai • Established: April 1997 • Number of staff: 17

47. JVC Companies across Europe • JVC Professional UK Ltd • Sales and Marketing company for UK and Ireland: Pro Products only • Head Office: London • President: Mr K. Kubota • Established: July 1988 • Number of staff: 369 • www.jvcpro.eu

48. JVC Companies across Europe • JVC Professional Products GmbH • Sales and Marketing company for Germany: Pro Products only • Head Office: Friedberg (Hessen) nr. Frankfurt • President: Mr P. Sibbe • Established: July 1988 • Number of staff: 63 • www.jvcpro.eu

49. JVC Companies across Europe • JVC Professional Italia SP • Sales and Marketing company for Italy: Pro Products only • Head Office: Milan • President: Mr Ito • Established: July 1988 • Number of staff: 36 • www.jvc-europe.com/jvcpro

50. JVC Companies across Europe • JVC Technology Europe GmbH • European centre for Product Testing and Monitoring new technological developments • Head Office: Friedberg, near Frankfurt • President: Mr Sasaki • Established: July 1991 • Number of staff: 13