Nozomu Matsumoto
Encyclopedia
was a Japanese
Japanese people
The are an ethnic group originating in the Japanese archipelago and are the predominant ethnic group of Japan. Worldwide, approximately 130 million people are of Japanese descent; of these, approximately 127 million are residents of Japan. People of Japanese ancestry who live in other countries...

 businessman who was the founder of the Pioneer Corporation
Pioneer Corporation
is a multinational corporation that specializes in digital entertainment products, based in Kawasaki, Kanagawa, Japan. The company was founded in 1938 in Tokyo as a radio and speaker repair shop...

. He was born in Kobe
Kobe
, pronounced , is the fifth-largest city in Japan and is the capital city of Hyōgo Prefecture on the southern side of the main island of Honshū, approximately west of Osaka...

, Japan in 1905, the son of a Christian missionary. In 1936, he founded the Fukuin Shokai Denki Seisakusho company in Osaka, whose name roughly translates to "Blessed Sound Electric Company" or "Gospel Electric Company", owing to Matsumoto's Christian faith and belief that his electronic products could help in missionary works. In 1937 he created the A-8 speaker which he christened 'Pioneer'. Matsumoto relocated to Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...

 in 1938 and started a small factory which repaired radios and speakers. After the war the company expanded rapidly and in 1961 the name was changed to Pioneer Electronic Corporation, and it was listed on the Tokyo Stock Exchange
Tokyo Stock Exchange
The , called or TSE for short, is located in Tokyo, Japan and is the third largest stock exchange in the world by aggregate market capitalization of its listed companies...

. Matsumoto died in 1988 at the age of 83.

External links

  • http://www.silverpioneer.netfirms.com/components.htm
  • http://www.answers.com/topic/pioneer-electronic-corporation?cat=biz-fin
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