Company Profile - Aiwa Co., Ltd.
1-2-11 Ikenohata, Taito-ku
Tokyo 110-8710, JapanAiwa American, Inc.
123 Tice Blvd.
Woodcliff Lake, NJ 07677Phone: 81-3-3827-3111
Fax: 81-3-3827-2888
Website: www.aiwa.com
Ticker Symbol: Traded on Tokyo ExchangeKey Facts
Made the first stereo cassette recorder and digital audio tape (DAT) products.
Now a part of Sony.
Key Financial Facts
2002 revenue: $1,480 million
1-yr. growth rate: -36 percentPersonnel Highlights
Number of employees: 4,739
1-yr. growth rate: -53
Company Overview Created in 1951 to make microphones, Aiwa grew to be a multi-billion-dollar manufacturer and marketer of consumer electronics before coming on hard business times. The company is now part of Sony, which plans to hone its focus on audio-visual products. Aiwa sells everything from clock radios, boomboxes, and personal CD players to turntables, DVD players, and car stereos. As of Q1 2003, hiring is stagnant at the company.
Major Line of Business : Consumer Electronics
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