Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Sony Announces Keys to Transformation
Apr 13, 2012
 Printable format
 Email this Article
 Search

Sony Corp. - after restating previous-quarter earnings and forecasting major losses in 2012 - announced a series of initiatives to be managed by a new management team, established on April 1.

The Japanese consumer electronics producer said it will implement a rapid decision-making approach that draws on the strengths of Sony Group as a whole, aiming to revitalize and grow its electronics business to and strengthen its Entertainment and Financial Service businesses.

Key initiatives in the transformation of the electronics business include:
* Strengthening core businesses (Digital Imaging, Game, Mobile)
* Turning around the Sony TV business
* Expanding in emerging markets
* Creating new businesses and accelerating innovation
* Realigning the business portfolio and optimizing resources

Sony will target sales of 6 trillion yen and operating income margin of 5% in its electronics business, and sales of 8.5 trillion yen, operating income margin of more than 5%, and return on equity of 10% for the Sony Group overall, in the fiscal year ending March 31, 2015 (FY14).

Details of these five core initiatives to revitalize the electronics business and drive new growth are as follows.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows