Part of JVC's ultimate set of high-fidelity components, all bearing the HMV tag (His Master's Voice) reminiscent of Victor's 1927 foundation with 100% american origins.
This last set really was complete and partly high-end :
SX-V1 2-way and SX-V7 3-way 'speakers, AX-V1 amplifier with (impressive) one-piece diecast enclosure, TD-V1 k7 recorder, RK-V1 rack and XL-V1 CD player (not the 1982 XL-V1).
The QL-V1 was however not all that high-end and I even doubt it was actually made by Victor : 1995 is the moment many renowned japanese manufacturers like Denon (DP-900M) or Pioneer started relying on external OEM providers for products belonging to the last gasp of the end of the diminished trail...
The image of the motor+arm shown below doesn't ooze actual sturdiness or quality and is obviously close to a cheap and streamlined ensemble ready to be inserted into anything.
The tonearm itself looks very much like the low-end Jelco, as used in other items such as the recent Luxman PD-171 or extra-mega-ultra overpriced Denon DP-A100.
None of this means the QL-V1 and QL-V1M are bad turntables. But from what is offered to the eye, this for sure wasn't and never will be worth 200,000¥, even if the rebadged Jelco is OFC-wired and the optional puck is made of brass !
(Btw : anybody knows of the differences between the V1 and V1M ?)
Images of both versions there : QL-V1 and QL-V1M and the blank base of it here.