UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November, 2005
Commission File Number 1-7616
PIONEER CORPORATION
(Translation of registrants 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 þ Form 40-F o
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): o
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): o
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 o No þ
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.
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PIONEER CORPORATION
(Registrant)
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Date: November 21, 2005
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By |
/s/ Kaneo Ito
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Kaneo Ito |
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President and Representative Director |
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This report on Form 6-K contains the followings:
1. |
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The announcement released by the Company to the press in
Japan dated November 21, 2005, that
Mr. Tamihiko Sudo, currently Executive Vice President and Representative Director, will become
President and Representative Director, effective as of January 1, 2006. |
For Immediate Release
Management Change at Pioneer Corporation
November 21, 2005, Tokyo, Japan The board of directors of Pioneer Corporation, at its
meeting held on November 21, 2005, resolved to appoint Mr. Tamihiko Sudo, currently Executive Vice
President and Representative Director, as its new President and Representative Director, effective
as of January 1, 2006.
Mr. Kanya Matsumoto, currently Chairman and Representative Director, and Mr. Kaneo Ito, currently
President and Representative Director, will assume the office of Director and Advisor,
respectively, effective January 1, 2006.
This change in management is an indication of their assuming responsibility for the steep decline
in Pioneers financial performance due to the smaller-than-planned number of units sold of plasma
displays and DVD recorders, both strategic products.
Mr. Sudo has held various top executive posts, including president of Pioneers Mobile
Entertainment Company (MEC) and Pioneers overseas subsidiary. He has a wealth of experience in
managerial methods, and was project leader when MEC won the Japan Quality Award.
Under his new leadership, Pioneer Corporation will expedite restructuring of operations and seek
to improve its business performance as soon as possible.
Pioneer Corporation is one of the leading manufacturers of consumer and business-use electronics
products such as audio, video and car electronics on a global scale. Its shares are traded on the
New York Stock Exchange (ticker symbol PIO), Euronext Amsterdam, Tokyo Stock Exchange, and Osaka
Securities Exchange.
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For further information, please contact:
Public Relations
Pioneer Corporation, Tokyo, Japan
Phone: +81-3-3495-9885
E-mail:
[email protected]
Website: http://www.pioneer.co.jp