Is Onkyo/Integra/Pioneer out of the woods?

[EpsilonZer0]

In 2020 many of us speculated that Onkyo may be dead after the disastrous deal with Sound United fell through in late 2019.
Onkyo was so sure that the deal would be finalized that they ramped down production and cut orders with suppliers. When the deal fell through it left Onkyo scrambling to renew orders with suppliers and continue development of new products.
So it was quite shocking when Onkyo announced the new TX-RZ50 and Pioneer Elite VSX-LX505 and a host of mid-range AVRs in January 2021.

A year later its now January 2022 and the new AVRs hold their own quite well against Denon and Yamaha.
Onkyo also has new ownership, Voxx International, who finalized the purchase of Onkyo/Integra and licensing for Pioneer in July 2021; transferring much of the debt that was weighing Onkyo down.

Are we looking at Onkyo/Integra/Pioneer returning to form or is this the last hurrah before the brand becomes a zombie like RCA and Kenwood?

 

[lovinthehd]

I haven't seen much to take them off watch/maybe status myself. Would like to see some testing of their newest products but just some more time to pass generally....but really no idea how well financed Voxx is either.

 

[flak3]

I haven't seen much to take them off watch/maybe status myself. Would like to see some testing of their newest products but just some more time to pass generally....but really no idea how well financed Voxx is either.

"Founded in 1960, VOXX International Corporation (Nasdaq: VOXX) has grown to become a leading manufacturer and distributor of Automotive and Consumer products worldwide"
from here: https://investors.voxxintl.com/investor-relations

 

[fmw]

In 2020 many of us speculated that Onkyo may be dead after the disastrous deal with Sound United fell through in late 2019.
Onkyo was so sure that the deal would be finalized that they ramped down production and cut orders with suppliers. When the deal fell through it left Onkyo scrambling to renew orders with suppliers and continue development of new products.
So it was quite shocking when Onkyo announced the new TX-RZ50 and Pioneer Elite VSX-LX505 and a host of mid-range AVRs in January 2021.

A year later its now January 2022 and the new AVRs hold their own quite well against Denon and Yamaha.
Onkyo also has new ownership, Voxx International, who finalized the purchase of Onkyo/Integra and licensing for Pioneer in July 2021; transferring much of the debt that was weighing Onkyo down.

Are we looking at Onkyo/Integra/Pioneer returning to form or is this the last hurrah before the brand becomes a zombie like RCA and Kenwood?

Kenwood is alive and well, just not in the audio business. Kenwood is basically a radio company. I can't speak for Onkyo but I think the Pioneer brand will save that line. I own no fewer than 3 Pioneer AV receivers so I may be biased.

 

[lovinthehd]

"Founded in 1960, VOXX International Corporation (Nasdaq: VOXX) has grown to become a leading manufacturer and distributor of Automotive and Consumer products worldwide"
from here: https://investors.voxxintl.com/investor-relations

That doesn't really answer the question, tho, as to how healthy Voxx is or isn't. They also assumed some of the debts of Pionkyo IIRC.

 

[flak3]

That doesn't really answer the question, tho, as to how healthy Voxx is or isn't. They also assumed some of the debts of Pionkyo IIRC.

Good question
VOXX is quite healthy...

 

[lovinthehd]

Good question
VOXX is quite healthy...

View attachment 55318

What have revenues/profits looked like over the last several years?

 

[flak3]

What have revenues/profits looked like over the last several years?

VOXX is currently (and expectedly) unprofitable...

 

[lovinthehd]

Update https://mainichi.jp/english/articles/20220514/p2a/00m/0na/002000c