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History -xpanded Jround audio manufacturer that prides itself on having achioved brand-recognition and consumer ‘acceptance in over 70 countries. As ‘technological advancements open up new paths to better consumer living, AIWA looks rd in turn to making its contribution ‘on the market through constant seif- improvement and joint human effort. June, 1951: Aiko Denki Sanayo Kabushiki Kaisha was established with capital investments of ¥1-million to manufacture and sell radio receivers and electric communication equipment as the main line of the Present Tokyo Branch was completed. December, 1956: Selected by NHK (The Japanese National Broadcasting Network) to be the leading technical study factory. , 1957: ital increased to ¥50-million, Novernber, 1988: Capital increased to ¥100-million. February, 1959: Kanasugi Factory completed. October, 1959: ‘Trade name change to AIWA Kabushiki Keisha (AIWA Co., Ltd.). July, 1960: Capital increased to ¥300-million. October, 1960: Utsunomiya Factory completed. October, 1961: Listed in the second section of the Tokyo ‘Stock Exchange. September, 1963: AIWA International Corporation, an over- seas subsidiary of AIWA Co., Ltd, was ‘established in Chicago, U.S.A. September, 1964; Capital increased to ¥600-milion. Introduced Japan's first cassette tape recorder, the TP-707, January, 1965: Placed the TP-707P, using Phillips type compact cassette tapes, on the market, (Our Utsunomiya Plant designated as 2 JtS-authorized facility. Introduced the DM-101, Jags first one: point stereo microphonge™ x60 Februny, 1967: sc 9 Iwate Factory, e Introdu P. 1968:

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