JVC Kenwood Corp (6632.T)

6632.T on Tokyo Stock Exchange

20 Mar 2018
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¥-2 (-0.55%)
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Fri, Feb 23 2018

BRIEF- JVC Kenwood announces application of International Financial Reporting Standards

* Says it will apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan-Generally Accepted Accounting Principles

BRIEF- JVC Kenwood fully acquires 76 pct-owned unit Shinwa International Holdings for $15.8 mln

* Says it fully acquired a 76 pct-owned unit Shinwa International Holdings Limited for $15.8 million (1.79 billion yen) on Nov. 20

BRIEF-JVC Kenwood to fully acquire Hong Kong-based unit Shinwa International Holdings

* Says it will fully acquire 76 percent owned unit Shinwa International Holdings Limited based in Hong Kong from Oasis Island Holdings Limited and Total Riches Limited, with undisclosed price and acquisition period from the end of October to the end of November

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