Avex Group Holdings Inc., listed in the Tokyo Stock Exchange as 7860 and abbreviated as AGHD, is the holding company for a group of entertainment-related subsidiaries based in Japan. The word Avex is an acronym of the English words Audio Visual Expert. Avex Group is mainly known in Japan because of its flagship music imprint, Avex Trax, which was founded in 1990. It is one of the top three record labels in Japan since the Komuro period, and is currently the biggest (14.7% of all recorded music sales as of first half 2013), ahead of Sony Music Entertainment Japan (13.0%), Universal Music Japan (9.9%), King Records (7.4%) and J Storm (5.9%).
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