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 Considers Reorganizing Into Holding Company Structure
Nov 4, 2003
 Printable format
 Email this Article
 Search

Sony Corp. is considering revamping its corporate governance structure by putting three reorganized component firms under a holding company around 2006 in a bid to speed up its decision-making process, senior Sony officials said.

The plan calls for putting the three firms - an electronics hardware maker, content producer, and a financial company - under the wing of a commanding holding company, the officials said.

Sony wants to adopt the new structure around 2006 when it will celebrate its 60th anniversary, they said.

Sony, whose core business is the manufacturing of electronics goods, currently oversees many subsidiaries and affiliates, which are responsible for particular business sectors such as movies, music content, video games, and financial services.

This complex structure makes it difficult for the company to hand down quick decisions in determining its management strategies, they said.

"It is necessary to make headquarters operations (of the envisioned holding company) in the Sony group the central force," a Sony executive said.

Sony will determine what kind of functions and personnel system the holding company should have over the next 3 to 5 years, the executive added. (Kyodo News)

Back to Daily News

 

Daily News

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

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

Oct 22, 2014: ACCA wants the HVAC manufacturers to develop open, universal communication protocols

Oct 22, 2014: IHA launches website to connect OEMs with consumers

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