Pioneer

Pioneer Corporation (パイオニア株式会社, Paionia Kabushiki-gaisha^?) (TYO: 6773 NYSE: PIO) is an international world leader in digital entertainment products, based in Tokyo, Japan. The company was founded in 1938 in Tokyo as a radio and speaker repair shop. Today, Pioneer is recognized as a leader in technology advancements in the consumer electronics industry.

Pioneer is respected for its role in such innovations as interactive cable TV, the Laser Disc player, developing the first Compact Disc player for the car and the first detachable face car stereo, DVD and DVD recording, plasma display, and organic electroluminescent display (OEL). The company's strength in optical disc and display technology is complemented by its state-of-the-art software products and manufacturing capabilities.

History

• 1937 Pioneer’s founder, Nozomu Matsumoto, successfully develops the A-8 dynamicspeaker speaker.
• 1938 Jan. Fukuin Shokai Denki Seisakusho (precursor of Pioneer) is founded in Tokyo.
• 1947 May Fukuin Denki is incorporated.
• 1953 Dec. Hi-Fi Speaker PE-8 introduced.
• 1961 Jun. Company name changed to Pioneer Electronic Corporation (now Pioneer Corporation).
• 1961 Oct. Shares are listed on the Tokyo Stock Exchange Second Section.
• 1962 Jun. Introduces the world’s first separate stereo system.
• 1966 Mar. Establishes sales companies in Europe and the U.S.
• 1968 Feb. Shares are listed on the Tokyo Stock Exchange First Section.
• 1968 Apr. Shares are listed on the Osaka Securities Exchange.
• 1969 Feb. Shares are listed on the Amsterdam Stock Exchange (now Euronext Amsterdam). U.S. GAAP consolidated financial reporting starts
• 1975 Nov. Introduces the world’s first component car stereo.
• 1976 Dec. Shares are listed on the New York StockExchange.
• 1977 Dec. Introduces the world’s first two-way addressable CATV system in the U.S. (with Warner Cable).
• 1979 Feb. Introduces the industry-use LD player.
• 1980 Jun. Introduces VP-1000 LD player for home use in the U.S.
• 1981 Oct. Introduces LD player for home use and 70 LD software titles in Japan.
• 1982 Oct. Introduces the LD Karaoke system for business use.
• 1982 Nov. Introduces CD player.
• 1984 Sep. Introduces the world’s first LD combination player compatible with CDs and LDs.
• 1984 Oct. Releases the world’s first car CD player.
• 1985 Dec. Introduces the 40-inch projection monitor.
• 1990 Jun. Introduces the world’s first CD-based GPS automotive navigation system.
• 1992 Oct. Introduces the world’s first 4x CD-ROM changer.
• 1996 Jun. Tokorozawa Plant earns ISO 14001 certification.
• 1996 Dec. Introduces DVD/CD player and the world’s first DVD/LD/CD compatible player for home use.
• 1997 May Starts supplying digital satellite broadcast set-top boxes in Europe.
• 1997 Jun. Introduces the world’s first DVD-based GPS automotive navigation system.
• 1997 Oct. Introduces the world’s first DVD-R drive.
• 1997 Nov. Introduces the world’s first OEL-equipped car audio product.
• 1997 Dec. Introduces the world’s first highdefinition 50-inch plasma display for consumer use.
• 1998 Jun. Introduces the world’s first DVD-based GPS automotive navigation system featuring 8.5GB dual-layered DVD disc.
• 1998 Oct. Introduces new corporate logo.
• 1999 Apr. Starts supplying digital CATV set-top boxes in the U.S.
• 1999 Dec. Introduces the world’s first DVD recorder compatible with the DVD-RW format.
• 2000 Mar. Shares of Tohoku Pioneer are listed on the Tokyo Stock Exchange Second Section.
• 2001 Jun. Introduces hard disk-based GPS automotive navigation system.
• 2001 Jul. Introduces the global brand slogan “sound.vision.soul”.
• 2002 Nov. Introduces GPS automotive navigation system with a wireless communication module.
• 2002 Nov. Introduces a DVD recorder with hard disk.
• 2003 Mar. Introduces in the U.S. digital CATV settop boxes with high-definition TV signal reception capability.
• 2003 Sep. Total shipment worldwide of PC-use recordable DVD drives surpasses 5 million units.
• 2004 Jul. Introduces the world's first DVD player for professional DJs and VJs.
• 2004 Sep. Transfer of NEC’s plasma display business is completed. Pioneer Plasma Display Corporation (previously NEC Plasma Display Corporation) starts operation on Oct. 1, 2004.
• 2006 Jan. president Kaneo Ito and chairman Kanya Matsumoto, son of the company's founder, would leave their posts to take responsibility for the recent poor performance of the maker of DVD recorders and plasma TVs.Vice president Tamihiko Sudo was appointed new president, effective from January 1 by the board of directors.

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