TOKYO (Reuters) - Japanese car electronics maker Pioneer Corp (T:6773) said on Tuesday that it would sell its disc-jockey equipment business to private equity firm KKR & Co LP (N:KKR) for about 59 billion yen($550 million).
Pioneer has been selling off non-core assets to focus on its automotive electronics business. On Friday, the company said it would sell its home audio-visual business to audio equipment maker Onkyo Corp .
Pioneer said that it expects a 55 billion yen special profit from the sale of the DJ equipment business and that it may revise its earnings forecast.
(Reporting by Junko Fujita; Editing by Chris Gallagher)