Pioneer Corporation

Pioneer Corporation traces its origins to 1937, when its founder, Nozomu Matsumoto, developed the A-8 dynamic speaker In January 1938, he established Fukuin Shōkai Denki Seisakusho, Pioneer’s precursor, in Tokyo, which was later incorporated as Fukuin Denki in May 1947. The company introduced the Hi-Fi Speaker PE-8 in December 1953, and in June 1961 changed its name to Pioneer Electronic Corporation. In October that same year, its shares were listed on the Tokyo Stock Exchange Second Section, followed by the introduction of the world’s first separate stereo system in June 1962.

The rest of the 1960s saw Pioneer expanding internationally, with the company establishing sales companies in Europe and the United States in March 1966, and gaining listings on the Tokyo Stock Exchange First Section in February 1968 and Osaka Securities Exchange the next month, as well as on the Amsterdam Stock Exchange (present-day Euronext Amsterdam) in February 1969, when it also began following the US GAAP standards. On November 11, 1970, Pioneer, Warner Bros. Records, and Watanabe Productions established Warner Bros.-Pioneer Corporation, serving as Warner Bros. Records’ Japanese distributor. The company introduced the HiPac cartridge format in August 1971, and a year later, Warner Bros.-Pioneer became Warner-Pioneer Corporation, expanding its distribution to include Atlantic, Reprise, Elektra, and Asylum Records under the WEA group. Pioneer released the RT-1020L reel-to-reel recorder in 1973 and, in November 1975, unveiled the world’s first component car stereo.

The company introduced the Hi-Fi Speaker HPM-100 in 1976, listed shares on the New York Stock Exchange in December 1976, and in December 1977 developed the world’s first two-way addressable CATV system in the U.S. with Warner Cable. The remainder of the 1970s saw further innovation, including the SX-1980 receiver in 1978 and the first industrial LaserDisc player in February 1979, followed by the VP-1000 LaserDisc player for home use in June 1980. In March 1981, Warner-Pioneer established the LaserDisc Corporation in Japan, and by October 1981 Pioneer had introduced home LaserDisc players and 70 software titles in Japan. Over the next few years, it launched the LD karaoke system for business use (October 1982), its first CD player (November 1982), and, in 1984, the world’s first CD/LD combination player and car CD player. The 40-inch projection monitor followed in December 1985.

LaserDisc Corporation was renamed Pioneer LDC in 1989, and in June 1990, Pioneer introduced the world’s first CD-based GPS automotive navigation system. That same year, Warner-Pioneer was dissolved after Warner Music Group acquired Pioneer’s shares and rebranded the subsidiary as Warner Music Japan. Pioneer also invested in Carolco Pictures. In 1992, it opened Pioneer Electronic AsiaCentre Pte. Ltd. in Singapore and released the world’s first 4x CD-ROM changer. The rest of the early 1990s brought several entertainment ventures: Pioneer acquired a 50% stake in Live Entertainment from Carolco in 1993, established Pioneer Corporation in the U.S. as the American division of Pioneer LDC, and wrote off $90 million in Carolco-related losses by April 1995.

In June 1996, Pioneer’s Tokorozawa Plant earned ISO 14001 certification, and the company launched the Pioneer Karaoke Channel via Astro satellite television. It introduced the world’s first DVD/LD/CD player for home use in later that year. Between 1997 and 1999, Pioneer released numerous technological firsts: the DVD-based GPS automotive navigation system, the world’s first DVD-R drive, the first OEL-equipped car audio, and the first 50-inch consumer plasma display. It also updated its corporate logo (1999) and changed its English name to Pioneer Corporation.

Entering the 2000s, Pioneer launched a DVD recorder compatible with DVD-RW in December 1999, listed shares of Tohoku Pioneer in 2000, and introduced a hard-disk GPS system in 2001. That same year, it adopted the global brand slogan “sound.vision.soul.” and continued innovating in navigation and recording technologies. In 2003, Pioneer LDC was acquired by Dentsu and renamed Geneon Entertainment, with its US branch becoming Geneon USA. Pioneer’s recordable DVD drive shipments surpassed five million units worldwide, and in 2004, it launched the DVJ-X1, the first DVD player for professional DJs and VJs, as well as the DVR-108, the first 16x DVD burner. That same year, Pioneer Plasma Display Corporation (formerly NEC Plasma Display Corporation) began operations.

In 2006, following financial difficulties, President Kaneo Ito and Chairman Kanya Matsumoto resigned, with Tamihiko Sudo appointed president. Pioneer closed its car audio division later that year. The company showcased ultra-thin plasma concepts in 2007, developed a 16-layer 400GB Blu-ray Disc in 2008, and moved its headquarters from Tokyo to Kawasaki in 2009, while unveiling the CDJ-900 and CDJ-2000 DJ players.

On June 25, 2009, Sharp Corporation agreed to form a joint venture on their optical business to be called Pioneer Digital Design and Manufacturing Corporation. In 2010, Pioneer exited the TV business and launched DJ controllers such as the DDJ-S1 and DDJ-T1, followed by additional models in 2011.

Brands and devices

Pioneer – car electronics

Pioneer Elite produces premium electronics that are usually higher in quality and price. Most Pioneer Elite branded electronics have the gloss black "Urushi" finish.

Pioneer Elite products include AVRs, Laserdisc players, CD players, DVD players, plasma computer monitors and televisions [Now discontinued], and rear-projection televisions. Pioneer Elite debuted its first Blu-ray Disc player, the BDP-HD1, in January 2007. Pioneer released the first 1080p plasma display, the PRO-FHD1.

In Summer of 2007, Pioneer released the Kuro line of plasma displays, that the company claims has the best black levels of any flat panel display which leads to greater contrast, and more realistic images. Kuro means black in Japanese.