-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, H6HBo80a6TB94kSmIo+ZuEMqt+lwJ284YAmZVLutLXDX7Blufzz6YYNZjQPq3k2X rmEUwv8QG7P+tO9LL4tLKA== 0001145549-04-000114.txt : 20040204 0001145549-04-000114.hdr.sgml : 20040204 20040204061341 ACCESSION NUMBER: 0001145549-04-000114 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20040203 FILED AS OF DATE: 20040204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER CORP CENTRAL INDEX KEY: 0000078706 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651] IRS NUMBER: 000000000 STATE OF INCORPORATION: M0 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07616 FILM NUMBER: 04564652 BUSINESS ADDRESS: STREET 1: 4-1 MEGURO 1 CHOME STREET 2: MEGURO KU CITY: TOKYO 153-8654 JAPAN STATE: M0 ZIP: 00000 BUSINESS PHONE: 81334954926 MAIL ADDRESS: STREET 1: 4-1 MEGURO 1 CHOME STREET 2: MEGURO KU CITY: TOKYO 153 -8654JAPAN STATE: M0 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: PIONEER ELECTRONIC CORP DATE OF NAME CHANGE: 19930618 6-K 1 k00606e6vk.txt PIONEER CORPORATION FORM 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February, 2004 Commission File Number 1-7616 PIONEER CORPORATION (Translation of registrant's name into English) 4-1, MEGURO 1-CHOME, MEGURO-KU, TOKYO 153-8654, JAPAN (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F: Form 20-F X Form 40-F ----- ----- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): -------------- Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): -------------- Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes No X ----- ----- If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. PIONEER CORPORATION (Registrant) Date: February 4, 2004 By /s/ Kaneo Ito ------------------------------------- Kaneo Ito President and Representative Director This report on Form 6-K contains the following: 1. The announcement released by the Company to the press in Japan dated February 3, 2004, concerning the acquisition of NEC Plasma Display Corporation, a subsidiary of NEC Corporation. For Immediate Release Pioneer Corporation NEC Corporation PIONEER TO ACQUIRE NEC'S PLASMA DISPLAY BUSINESSES --- Memorandum of Understanding Concluded between Pioneer and NEC --- February 3, 2004, Tokyo, Japan --- Pioneer Corporation (TSE: 6773; NYSE: PIO) and NEC Corporation (TSE: 6701; NASDAQ: NIPNY) jointly announced today that they had concluded a Memorandum of Understanding, by which NEC is to transfer to Pioneer (i) all the shares NEC holds in its subsidiary, NEC Plasma Display Corporation, and (ii) all the intellectual property rights NEC holds in relation to plasma displays. In recent years Pioneer has been improving its business structures, reflecting its "select and focus" management policy, and one of its most important management strategies has been to further expand the plasma display business as a core of its current businesses. NEC has been developing its businesses, focusing on two core domains of integrated IT/network solutions and semiconductor solutions, and is advancing strategies that fit the distinctive characteristics of these two business domains. Regarding NEC's display business, although strong growth is expected in displays for TV set use, substantial funding is required to expand growth. Taking this into consideration, NEC in line with its promotion of policies to find external capital for new growth in the industry examined the possibility of creating an alliance aiming for large-scale advantages to develop business. In this business environment, Pioneer and NEC, which both independently develop and produce plasma displays, found that their respective technologies are familiar, and came to the conclusion that the integration of the highly-developed technologies and production capabilities of the two companies would enable them to demonstrate the maximum of their expertise and take the lead in the market, which will help meet the ever-rapidly increasing demand for plasma displays worldwide. Details of the transfer of shares, etc., as well as the date of transfer, will be determined at a later date, and will be announced accordingly. ### Outline of NPD on the back OUTLINE OF NPD Company name: NEC Plasma Display Corporation Headquarters: 7-1, 5-Chome, Shiba, Minato-ku, Tokyo, Japan Tamagawa Office: 1753, Shimonumabe, Nakahara-ku, Kawasaki, Kanagawa, Japan Kagoshima Plant: 2080, Ohnohara-cho, Izumi, Kagoshima, Japan President: Kenji Tokuyama Paid-in Capital: 10 billion yen Products: Plasma display sets and modules Sales: Approximately 50 billion yen (estimates for fiscal year, ending March 31, 2004) Employees: Approximately 1,100 employees (as of the end of January, 2004)
### For further information, please contact (in Japan): Pioneer Corporation Public Relations, phone: 81-3-3495-9903; e-mail: pioneer_prd@post.pioneer.co.jp NEC Corporation Corporate Communications Division Diane Foley, phone: 81-3-3798-6511; e-mail: d-foley@ax.jp.nec.com Makoto Miyakawa, phone: 81-3-3798-6511; e-mail: m-miyakawa@bk.jp.nec.com
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