Alpine reported a profit of about $8 million on its recent quarter (829 million yen), which was a 36 percent drop from $13 million (1,305 million yen) a year ago.
Sales however rose about 2 percent to $670 million, up from $657 million last year.
Helping to boost sales, said the company is a 10-inch AV/navigation radio, which Alpine calls, “the largest of its type in the world.” It is only available only in Japan and it has a wide-are map display, with vivid screen imagery, it said.
Alpine “worked to set itself apart from rival companies” with the new AV/navigation radio, it said, but admitted the unique radio was not enough to counter a downward trend in car audio sales in the Japanese marketplace.
The radio is aimed strictly at families with minivans and young kids. It works with several Toyota models (Vellfire, Alphard and Voxy), and has basically the same features found in AV/navigation systems here such as DVD/CD, Bluetooth and WVGA screen. It also has controls on the unit for rear seat entertainment.
Regarding plans to bring the unit to the US, Alpine USA said, “For the US market, our key priority is to continue focus on expanding coverage for our 8-inchd and 9-inch AVN systems in the truck and SUV market.”
For the recent quarter ended June 30 Alpine said sales growth came from OEM navigation products in European luxury cars in North America and China, “and growth in sales of hybrid displays installed in new cars.” Sales in OEM navigation rose 2.8 percent.
Photo: We believe this is the 10 inch radio, seen in a Toyota Vellard via https://www.youtube.com/watch?v=GVZt6NpNP94