TIDM35SV 
 
RNS Number : 2285N 
Pioneer Corporation 
12 February 2009 
 

For Immediate Release 
February 12, 2009 
Pioneer to Change Accounting Principles for 
Consolidated Financial Statements 
from U.S. GAAP to Japanese GAAP 
TOKYO - Pioneer Corporation has announced that at a meeting of its Board of 
Directors held today, the Company decided to change its accounting principles 
for preparing consolidated financial statements from U.S. generally accepted 
accounting principles (GAAP) to Japanese GAAP. This change will take effect 
beginning with annual business results for fiscal 2009, the year ending March 
31, 2009, as follows. 
 
 
I. Reasons for Change in Accounting Principles 
Pioneer has adopted U.S. GAAP as the basis for preparing consolidated financial 
statements. Effective from the fiscal 2009 year-end, however, the Company will 
prepare consolidated financial statements based on Japanese GAAP. This change 
will be made in line with not only the decision to shift from U.S. GAAP to 
Japanese GAAP for financial reporting on financing activities, but also 
Pioneer's delisting from the New York Stock Exchange and its deregistration from 
the U.S. Securities and Exchange Commission. 
 
 
II. Outlook for Fiscal 2009 
Pioneer today released consolidated business forecasts for fiscal 2009 based on 
Japanese GAAP. For details, please see the Company's news release titled 
"Pioneer Announces Business Results for 3Q Fiscal 2009." 
    In addition, Pioneer plans to disclose in March 2009 restated quarterly 
financial statements for the first to third quarters of fiscal 2009 based on 
Japanese GAAP. 
 
 
 
 
Cautionary Statement with Respect to Forward-Looking Statements 
Statements made in this release with respect to our current plans, estimates, 
strategies and beliefs, and other statements that are not historical facts are 
forward-looking statements about our future performance. These statements are 
based on management's assumptions and beliefs in light of the information 
currently available to it. We caution that a number of important risks and 
uncertainties could cause actual results to differ materially from those 
discussed in the forward-looking statements, and therefore you should not place 
undue reliance on them. It is not our obligation to update or revise any 
forward-looking statements, whether as a result of new information, future 
events or otherwise. We disclaim any such obligation. Risks and uncertainties 
that might affect us include, but are not limited to: (i) general economic 
conditions in our markets, particularly levels of consumer spending; (ii) 
exchange rates, particularly between the Japanese yen and the U.S. dollar, the 
euro, and other currencies in which we make significant sales or in which our 
assets and liabilities are denominated; (iii) our ability to continuously design 
and develop highly rated products and services in extremely competitive markets, 
which are characterized by continual product launches, rapid technological 
development, intense price-based competition, subjective and changing consumer 
preferences and other factors; (iv) our ability to successfully implement our 
business strategies; (v) our ability to compete, as well as develop and 
implement successful sales and distribution strategies, in light of 
technological developments in and affecting our businesses; (vi) our continued 
ability to devote sufficient resources to research and development, and capital 
expenditure; (vii) our ability to continuously enhance our brand image; (viii) 
the success of our joint ventures and alliances; (ix) the success of our 
business restructuring plans; and (x) the outcome of contingencies. 
 
 
Pioneer Corporation is a leading global manufacturer of consumer- and 
business-use electronics products such as audio, video and car electronics. Its 
shares are traded on the Tokyo Stock Exchange. 
 
 
# # # # # # 
 
 
For further information, please contact: 
Hideki Okayasu 
Managing Director, and General Manager of Finance and Accounting Division 
Pioneer Corporation, Tokyo 
Phone: +81-3-3494-1111 / Fax: +81-3-3495-4431 
E-mail: pioneer_shr@post.pioneer.co.jp 
IR Website: http://pioneer.jp/ir-e/ 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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