The large Fender logo of the export Squier series was soon changed to a large Squier logo.The first Fender Japan guitars are known as the JV Fenders and JV Squiers, with JV standing for "Japanese Vintage" to reflect the guitars were made from the original blueprints of the vintage US guitars, were made by the Fuji Gen Gakki factory in Japan, using technical support from Fender.Tokai was seriously considered to start building the first Japanese made Fenders, but after a breakdown in negotiations, Fuji Gen Gakki was chosen instead.
Each American Reissue Stratocaster that left the factory had one of these V serial numbers stamped into the neckplate.
As a general rule of thumb, serial numbers can be used to denote a year range for a particular guitar. As a broad generality V000001-V004000 denote a 1982 guitar, V004000-V010000 denote a 1983 guitar, and V010000-V016000 denotes a 1984 guitar.
A few popular books state that the serial numbers re-started with V0000001 when the new Corona, Ca factory opened. If you look at my fullerton inventory, you can see that this is just a broad generality.
This arrangement benefited Fender because it removed the Greco Fender copies from the Japanese market, which were selling in Japan at much lower prices than the American made Fenders and it also benefited Kanda Shokai because Kanda Shokai could then distribute Japanese made Fender branded guitars in Japan.
Further negotiations between Fender and Japanese guitar factories took place.