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JVC

Japanese electronics pioneer that developed the VHS video recorder.

JVC

JVC, which stands for Japan Victor Company, is a Japanese brand now under the umbrella of JVCKenwood. It got its start in 1927 as the Victor Talking Machine Company of Japan. The company is most famous for bringing Japan its first television sets and for creating the VHS video recorder. Inside Japan, JVC sold its electronics under the Victor name, complete with the His Master's Voice logo. For export, though, it went by JVC or Nivico, because the rights to the Victor name and the logo belonged to different companies outside the country.

From 1953 until 2008, the majority shareholder in JVC was Matsushita Electric Industrial Co. In 2008, JVC merged with Kenwood Corporation to form JVCKenwood. By 2011, the Victor brand for electronics in Japan was phased out in favor of the global JVC brand. Still, the Victor name lives on through Victor Entertainment, a JVCKenwood subsidiary.

**History**

**1927 creation to World War II** JVC was founded in 1927 as the Victor Talking Machine Company of Japan, Limited, a subsidiary of the American Victor Talking Machine Company based in Camden, New Jersey. In 1929, the Radio Corporation of America bought Victor and its overseas operations, including the Japanese arm. In the late 1920s, JVC only made phonographs and records. After RCA took over, it started producing radios, and in 1939 it built Japan’s first locally made television. During World War II, in 1943, with the U.S. and Japan at war, JVC split from RCA Victor but kept the Victor and His Master’s Voice trademarks for use solely in Japan. After the war, JVC again distributed RCA Victor recordings in Japan until RCA set up its own distribution there in the late 1960s. Today, the record company in Japan is called Victor Entertainment.

**Post-war** In 1953, the Matsushita Corporation became JVC’s majority owner, a stake it held until 2007. During the 1960s, JVC created the Nivico (Nippon Victor Corporation) brand for Delmonico’s line of console televisions and stereos. In 1970, JVC released the Videosphere, a portable CRT television housed in a space-helmet-shaped casing with an alarm clock at the base. It sold well. In 1971, JVC introduced the first discrete system for four-channel quadraphonic sound on vinyl records: CD-4 (Compatible Discrete Four Channel), also called Quadradisc by RCA in the United States. In 1973, the JVC Cutting Center opened in the U.S.

Quick Facts

Romanized Name
Nihon Bikutā kabushiki gaisha
Trade Name
Victor / JVC
Traded As
6792 / OSE: 6792 (1960–2008)
Founded
1927-09-13 in Yokohama, Japan
Defunct
2008-10-01The original company was absorbed into JVCKenwood, although some products made by the company still use the JVC brand.
Fate
Merged with Kenwood Corporation, brand name still in use
Successor
JVCKenwood Corporation
Hq Location City
Yokohama
Hq Location Country
Japan
Key People
Shoichiro Eguchi, President
Revenue
¥658.4 billion
Revenue Year
Fiscal year ended March 31, 2008

Facts from the source article.

Lore & Background

JVC was founded in 1927 as the Victor Talking Machine Company of Japan, Limited, a subsidiary of the United States' Victor Talking Machine Company. In 1929, the Radio Corporation of America purchased Victor and its foreign subsidiaries, including the Japan operations. Following the acquisition by RCA, JVC began producing radios, and in 1939, Japan's first locally made television. In 1943, amidst hostilities between the United States and Japan during World War II, JVC seceded from RCA Victor, retaining the 'Victor' and 'His Master's Voice' trademarks for use in Japan only. After the war, JVC resumed distribution of RCA Victor recordings in Japan until RCA established its separate distribution in Japan during the late 1960s.

In 1953, JVC became majority-owned by the Matsushita Corporation. In the 1960s, JVC established the Nivico (Nippon Victor Corporation) brand for Delmonico's line of console televisions and stereos. In 1970, JVC marketed the Videosphere, a portable CRT television inside a space-helmet-shaped casing with an alarm clock at the base. In 1971, JVC introduced the first discrete system for four channel quadraphonic sound on vinyl records – CD-4. In 1975, JVC introduced the first combined portable battery-operated radio with inbuilt TV, and one year later expanded the model to add a cassette recorder, creating the world's first boombox with radio, cassette and TV.

In 1976, JVC introduced the first VCR to use VHS, the Victor HR-3300. In the late 1970s, JVC developed the VHS format, introducing the first VHS recorders to the consumer market in 1976. Sony, which had introduced the Betamax home videocassette tape a year earlier, became the main competitor, creating the videotape format war. By 1984 forty companies were using JVC's VHS format, while only 12 used Betamax. Sony began producing VHS recorders in 1988 and stopped making Betamax recorders for the US market in 1993, stopping production of the format completely in 2002.

Reader's Guide

JVC's most significant legacy is the development of the VHS format, which won the videotape format war against Sony's Betamax and became the dominant home recording standard. The company's introduction of the first VHS recorder in 1976, followed by widespread adoption by forty companies by 1984, established VHS as the common format for home video. JVC's strategy of selling blank tapes to major Hollywood studios helped launch the nascent home video rental market, particularly in the UK, and the adult movie industry's adoption of VHS further drove hardware sales. Beyond VHS, JVC contributed notable innovations including Japan's first locally made television in 1939, the first discrete quadraphonic sound system (CD-4) in 1971, the first combined portable radio with inbuilt TV in 1975, and the world's first boombox with radio, cassette and TV in 1976. The company also developed the VHD disc system and introduced revolutionary direct-drive cassette decks in the 1980s. In 2001, JVC received an Emmy Award for 'Pioneering Development of Consumer Camcorders'. The company's merger with Kenwood in 2008 created JVCKenwood, and in 2011 the Victor brand for electronics in Japan was replaced by the global JVC brand, though the Victor name is retained by subsidiary Victor Entertainment.

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