Industry Topics
December 12, 2014 09:50 AM
Vestax Filed For Bankruptcy
Vestax Corporation, a leading manufacturer of DJ mixers, turntables, etc., filed for bankruptcy to Tokyo District Court on December 5, recently reported Teikoku Databank, Limited, a corporate credit research company.
Vestax expanded business early 00s, and reported 2.5 billion yen annual sales in 2002. However, the economic downturn, and rise of inexpensive models made in China severely impacted the sales of the company in the following years. The sales went down to 1.06 billion yen in 20...
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December 08, 2014 11:45 AM
Global Marks 40th Anniversary
Tokyo-based Global Corporation, one of the leading distributors of woodwind and brass instruments, celebrated 40 years in business inviting approximately 300 industry leaders at Tokyo Bay Ariake Washington Hotel on November 20, the night before opening of 2014 Musical Instruments Fair Japan. Founded in September, 1975 at Hyakunin-cho, Shinjuku-ku, Tokyo, the company grew launching Jupiter Japan, co-established company with Kung Hsue She Trading Co., Ltd., Taiwan, and opened Global Wind Instrumen...
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December 08, 2014 11:09 AM
2014 Musical Instruments Fair Japan Delivered Visitors Fun of Music Making
The 3-day consumer musical event closed on Nov. 23 in success drawing remarkable 40,647 visitors. Re-engineered after 3 years of extensive planning with renewed concepts, new regulations and at an international-level convention hall, the music products industry welcomed the musicians of all levels and music enthusiasts with seamless musical entertainment programs, hands-on sessions, new products presentations and demonstrations at a public space as well as in exhibitor booths. On the weekend, hu...
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