Yes, I am 98% certain. I saw a picture somewhere on the Internet where someone used their digital camera to photograph the front IR LEDs using the special IR mode of the camera. Two LEDs were plainly visible underneath the front Pioneer logo. No other IR LEDs were present, although it's possible that some IR might seep out through the back of the case.

Also, putting a white sheet of paper, my hand, or another reflective object on my chest guarantees 100% reception of the IR signals. Very strange to have your warddrobe affect your car stereo remote. ;-)