|Founded||Osaka, Japan September 17, 1946 as Osaka Denki Onkyo K.K|
|Munenori Ohtsuki (Chairman, Representative Director, President) |
Hiroshi Nakano (Vice President, Representative Director)
|Products||Hi-fi and home theater Audio-Visual equipment, ICs, speaker units and related items|
|Owner||Ohtsuki family (26.1%)|
Pioneer Corporation (13.3%)
Number of employees
|Divisions||Integra Home Theater|
Onkyo Corporation (オンキヨー株式会社, Onkyō Kabushiki-gaisha) is a Japanese consumer electronics manufacturer, specializing in premium home cinema and audio equipment, including AV receivers, surround sound speakers and portable devices. The word Onkyo translates as "sound resonance". On (音) is from Chinese pronunciation, with traditional Japanese pronunciation as Oto, meaning "the sound". Kyo (響) is also from Chinese pronunciation, pronounced as Hibiki (noun) or Hibiku (verb) in traditional Japanese, meaning "resound, sound, or echo". The company started under the name of Osaka Denki Onkyo K.K in 1946 (a company not related to Nippon Denki Onkyo, which became Denon). The current Onkyo Corporation umbrella includes the Integra and Integra Research divisions as well as the main Onkyo brand.
In March 2015, Onkyo purchased Pioneer Corporation's Home Electronics Corporation, which produces home cinema amplifiers, Blu-ray players and other AV products. In return, Pioneer took a 14.95% stake in Onkyo. The Ohtsuki family remained the largest shareholders of the company with an approximately 26% stake, just above Gibson Brands, with a 16.5% stake.
With the bankruptcy of Gibson in 2018, Onkyo's shares held by Gibson were sold, as the company itself reported.
In the summer of 2020, major US retailers Amazon and Best Buy discontinued sales of Onkyo products. A call to Onkyo USA's customer service line indicated the number is no longer in service. Distribution of Onkyo, Pioneer, Integra and Elite products has changed hands from Onkyo USA to 11 Trading Company.
In January 2021, Onkyo announced it could no longer take direct orders from UK customers, citing new post-Brexit regulations and fees as the reason. As of March 2021, there has been no further update from Onkyo.
Onkyo acquired Pioneer's consumer electronics division in 2015, following the acquisition both Onkyo and Pioneer A/V branded products continued to be available in the UK. However, Pioneer's consumer electronics website for the UK is no longer available. It was previously available as https://eu.pioneer-av.com//uk. The Pioneer Europe GmbH website continues to be available for EU customers. Onkyo's / Pioneer's former UK address in Ruislip, is listed as permanently closed.
- "ONKYO CORPORATION : Shareholders Board Members Managers and Company Profile". MarketScreener.
- "Our Brand". Onkyo. Archived from the original on 27 September 2016. Retrieved 25 September 2016.
- Andy, Clough (2 March 2015). "Pioneer completes move to become a subsidiary of Onkyo". What Hi-Fi?.
- Non-impact on the Onkyo Corporation by GIBSON BRANDS, INC. filing for bankruptcy procedures under Chapter 11 of the U.S. Federal Bankruptcy Code on Onkyo global, Osaka, 18 May 2018
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