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You are here: Home / Archives for Onkyo U.S.A. Corporation

Onkyo U.S.A. Corporation

End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

June 25, 2021 by Ted Leave a Comment

Photo of Onkyo Atmos models at CE Week
Onkyo Atmos-ready AV models at a past CE Week [Click to enlarge]

BREAKING NEWS

In a rather terse announcement to investors posted today, Onkyo Home Entertainment Company, Ltd. announced that, by a majority vote of company shareholders, the sale of the company’s Home Entertainment Division to Voxx International has been approved. This vote of approval was widely anticipated and represents the last formality in the transfer of the company over to Voxx. This is the first time since 1945 that Onkyo’s parent company is no longer involved in the home entertainment business.

See more on this end of an Onkyo era

[Read more…] about End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Corp., Onkyo Corporation, Onkyo U.S.A. Corporation, Premium Audio Company, Voxx International

Onkyo Closes US Subsidiary, Terminates Dealers, and Outsources Distribution to Klipsch

August 19, 2020 by Ted 8 Comments

Image from Onkyo Website

A Strangely Retroactive Notification

Last week, a letter was sent to all Onkyo dealers in the United States notifying them that their dealer agreements were being terminated. The reason for this termination? Onkyo USA Corporation no longer exists and therefore can no longer serve them. Don’t miss the significance of this historic moment – for the first time in 45-years there is no Onkyo subsidiary in the U.S., once the largest market for parent Onkyo Pioneer Corporation (OPC) of Osaka, Japan.

See more about this turn of events at Onkyo…

[Read more…] about Onkyo Closes US Subsidiary, Terminates Dealers, and Outsources Distribution to Klipsch

Filed Under: Distributors, Financial, Strategy Tagged With: Jason Sausto, Klipsch, Onkyo, Onkyo Corporation, Onkyo U.S.A. Corporation, Onkyo USA, Voxx International

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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