SONY








Basic Information

Sony Headquarters
7-35, Kitashinagawa 6-Chome
Shinagawa - Ku
Tokyo 141-0001 Japan, Japan
Phone: +81 3 5448-2111
Fax: +81 3 5448-2244

Web Sites:
Headquarters Information (in Japanese): http://www.sony.co.jp/
English Translation: http://www.sony.com


Profile

Sony Corporation is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, entertainment products and instruments. The Company is also in the business of motion picture production and the insurance and banking businesses. Sony Corporation, the ultimate parent company of the Sony group, was established in May 1946 as Tokyo Tsushin Kogyo Kabushiki Kaisha, a joint stock company under the Japanese Commercial Code. In January 1958, it changed its name to Sony Kabushiki Kaisha (Sony Corporation in English).

In March 1968, Sony Corporation established in Japan CBS/Sony Records Inc., currently Sony Music Entertainment (Japan) Inc. (SMEJ), as a 50/50 joint venture company between Sony Corporation and CBS Inc. in the United States. In January 1988, SMEJ became a 100%-owned subsidiary of Sony Corporation. In August 1979, Sony Corporation established in Japan Sony Prudential Life Insurance Co., Ltd., currently Sony Life Insurance Co., Ltd. (Sony Life), as a 50/50 joint venture company between Sony Corporation and The Prudential Insurance Company of America. In March 1996, Sony Life became a 100%-owned subsidiary of Sony Corporation. In July 1987, Sony Chemicals Corporation, a subsidiary of Sony Corporation was listed on the Second Section of the TSE (Tokyo Stock Exchange). In January 1988, Sony Corporation acquired CBS Records Inc., a music business division of CBS Inc. in the United States. In January 1991, CBS Records Inc. changed its name to Sony Music Entertainment Inc. (SMEI). In November 1989, Sony Corporation acquired Columbia Pictures Entertainment, Inc. in the United States. In August 1991, Columbia Pictures Entertainment, Inc. changed its name to Sony Pictures Entertainment Inc. (SPE). In November 1993, Sony established Sony Computer Entertainment Inc. (SCEI) in Japan.

In the Electronics business, Sony is engaged in the development, design, manufacture and sale of various kinds of electronic equipment, instruments and devices for consumer and professional markets. In this business, Sony Corporation holds 50.6% of the shares of Aiwa Co., Ltd., which develops, manufactures and markets its products entirely independently from Sony Corporation.

In the Game business, Sony develops, produces, manufactures, markets and distributes home-use entertainment hardware and related software. This business is principally conducted through SCEI in Japan, a 99.7% directly and indirectly owned subsidiary of Sony Corporation. Sony Computer Entertainment America Inc. (SCEA) in the United States and Sony Computer Entertainment Europe Limited (SCEE) in Europe are both 100%-owned subsidiaries of SCEI.

In the Music business, Sony is engaged in the development, production, manufacture, marketing and distribution of recorded music in all commercial formats and musical genres, through SMEI and SMEJ in Japan, both 100% directly or indirectly owned subsidiaries of Sony Corporation.

In the Pictures business, Sony is engaged in the development, production, marketing, distribution and broadcasting of image-based software, including film, video, television and new entertainment technologies, principally through SPE, a 100% indirectly owned subsidiary of Sony Corporation.

In the Insurance business, Sony conducts insurance operations primarily through Sony Life, a Japanese stock life insurance subsidiary, and Sony Assurance Inc., a Japanese non-life insurance subsidiary, both 100%-owned subsidiaries of Sony Corporation. Sony is also engaged in the banking business through Sony Bank Inc., leasing and credit financing business through Sony Finance International, Inc., satellite broadcasting businesses in Japan, location-based entertainment businesses, and other businesses.

Electronics

Aiwa
Sony Electronic

Within the Electronics segment, sales are reported using five product categories: Audio, Video, Televisions, Information and communications, and Electronic components and other. Audio includes portable, home and car audio in such formats as CD, MD, compact cassette and Memory Stick, professional-use audio equipment and audio recording media in such formats as MD and compact cassette. Portable audio includes headphone stereos, recorders, radio and radio cassette recorders. Video includes video cameras in such formats as eight millimeter, Digital 8, and DV; digital still cameras, VHS video decks, DVD-Video players, broadcast- and professional-use video equipment and video recording media in such formats as VHS and those for broadcast and professional use. Televisions category includes televisions incorporating cathode ray tubes (CRTs), projection televisions, flat panel televisions, projectors and professional-use monitors. Information and communications category includes PCs, PC-related equipment, such as computer displays and CD-R/RW drives, data recording media, such as CD-R/RW and Memory Stick, mobile and home telephones, satellite broadcasting reception systems and car navigation systems. Electronic components and other category includes semiconductors, LCDs, optical pickups and CRTs, batteries, and the Internet-related business in Japan.

Game

PlayStation

SCE, which includes SCEI, SCEA and SCEE, develops, produces, manufactures, markets and distributes PlayStation, PlayStation one, and PlayStation two entertainment hardware and related software, primarily in Japan, the United States and Europe, and enters into licenses with third party software developers. SCE markets and distributes PlayStation, PlayStation one, and PlayStation two entertainment hardware and related software through SCEI in Japan, SCEA in the United States, and SCEE in Europe.

Music

Sony Music
Columbia House
Columbia Records Group
Epic Records Group
LOUD Recordings
Sony Classical

SMEI and SMEJ produce recorded music and video through contracts with many artists worldwide in all musical genres. SMEI and SMEJ manufacture, market and distribute CDs, MDs, DVDs, Super Audio CDs, and pre-recorded audio and videocassettes, as well as produce and manufacture CD-ROMs and DVD-ROMs. The Music business has an extensive and geographically diversified software manufacturing capacity, with plants in the United States, Austria, Japan, Brazil, Australia, India, Canada, Hong Kong and Mexico. Software is manufactured primarily for the Music business, the Game business and third parties.

Pictures

Columbia Pictures
Screen Gems
Sony Pictures Classics
Columbia TriStar Film
Game Show Network
Soap City
Columbia TriStar Television
The Culver Studios

Pictures business global operations encompass motion picture production, acquisition and distribution; television programming, syndication, production, acquisition and distribution; home video acquisition and distribution; television broadcasting and operation of studio facilities. SPE's (Sony Pictures Entertainment) motion picture arm, the Columbia TriStar Motion Picture Group, includes SPE's principal motion picture production organizations, Columbia Pictures and Screen Gems, as well as Sony Pictures Classics, Sony Pictures Releasing and Columbia TriStar Film Distributors International. SPE's Columbia TriStar Television Group is primarily comprised of Columbia TriStar Television, Columbia TriStar Television Distribution, Columbia TriStar International Television and various investments relating to television broadcasting. SPE's home entertainment operations are conducted through Columbia TriStar Home Entertainment. SPE's digital production, online distribution and broadband services are operated through the newly formed Sony Pictures Digital Entertainment.

Insurance and other business

Sony's Insurance business includes insurance-related underwriting business, primarily individual life insurance business in Japan, conducted through Sony Life, and individual automobile insurance business in Japan, conducted through Sony Assurance. Sony Life conducts life insurance business primarily in Japan, using Lifeplanner financial consultants to serve customers. Other business consists of various operating activities, primarily including a leasing and credit financing business through Sony Finance International, Inc., a business focused on parts trading services within the Sony group through Sony Trading International Corporation; satellite broadcasting businesses, including program supplying in Japan, primarily through Sony Broadcast Media Co., Ltd.; and location-based entertainment businesses in Japan, the United States and Germany.
(Courtesy: Multex Investor)

In my report, Sony is conglomeratization marketplace.  They have owned the electronics, games, movies, and music under their roof.  Also, with their conglomeratization, they can do the globalization and vertical integration. Plus, they are trying the horizontal integration with buying cable channel; i.e. Game Show Network and Columbia Pictures Television, under their roof too.  They are the Disney World in Japan and worldwide.

Financial Data

Annual Income: 472,001,527,657 yen (As of March 31, 2001)
Number of Employees:  18,845 (As of March 31, 2001)
Ticket Symbol:  SNE
Stock Exchange:  New York Stock Exchange
Sony Latest Quote: click here
U.S. Securities and Exchange Commission: click here
For latest Press Releases and Stock Information:  click here

They are a founder of the new age (after World War II).  They have more money, more stocks, and bonds.  Unless the Japan's Government comes in and breaks up the company, they will be a strong point for the 21st century and on.

History

The History of Sony

Sony Corporation, the ultimate parent company of the Sony group, was established in Japan in May 1946 as Tokyo Tsushin Kogyo Kabushiki Kaisha, a joint stock company (Kabushiki Kaisha) under the Japanese Commercial Code. In January 1958, it changed its name to Sony Kabushiki Kaisha (“Sony Corporation” in English). In December 1958, Sony Corporation was listed on the Tokyo Stock Exchange (the “TSE”). In June 1961, Sony Corporation issued American Depositary Receipts (“ADRs”) in the U.S. In March 1968, Sony Corporation established in Japan CBS/ Sony Records Inc., currently Sony Music Entertainment (Japan) Inc. (“SMEJ”), as a 50:50 joint venture company between Sony Corporation and CBS Inc. in the U.S. In January 1988, SMEJ became a 100 percent-owned subsidiary of Sony Corporation. In September 1970, Sony Corporation was listed on the New York Stock Exchange (the “NYSE”). In August 1979, Sony Corporation established in Japan Sony Prudential Life Insurance Co., Ltd., currently Sony Life Insurance Co., Ltd. (“Sony Life”), as a 50:50 joint venture company between Sony Corporation and The Prudential Insurance Company of America. In March 1996, Sony Life became a 100 percent-owned subsidiary of Sony Corporation. In July 1984, Sony Magnescale Inc., a subsidiary of Sony Corporation and currently Sony Precision Technology Inc., listed on the Second Section of the TSE. In July 1987, Sony Chemicals Corporation, a subsidiary of Sony Corporation, listed on the Second Section of the TSE. In January 1988, Sony Corporation acquired CBS Records Inc., a music business division of CBS Inc. in the U.S. In January 1991, CBS Records Inc. changed its name to Sony Music Entertainment Inc. (“SMEI”). In November 1989, Sony Corporation acquired Columbia Pictures Entertainment, Inc. in the U.S. In August 1991, Columbia Pictures Entertainment, Inc. changed its name to Sony Pictures Entertainment Inc. (“SPE”). In November 1991, SMEJ was listed on the Second Section of the TSE. In November 1993, Sony established Sony Computer Entertainment Inc. (“SCEI”) in Japan. In January 2000, acquisition transactions by way of exchanges of stock, whereby SMEJ, Sony Chemicals Corporation, and Sony Precision Technology Inc. became wholly-owned subsidiaries of Sony Corporation, were completed. In June 2001, Sony Corporation issued shares of subsidiary tracking stock in Japan, the economic value of which is intended to be linked to the economic value of Sony Communication Network Corporation (“SCN”).
(Courtesy: SEC.gov)

Officers


    Nobuyuki Idea                         Kunitake Ando


Position
Nobuyuki Idei
Chairman, CEO
Nobuyuki Idei was named Chairman and Chief Executive Officer, Sony Corporation, in June 2000. He had served as President and Chief Executive Officer since June 1999. He was named President and Representative Director, Sony Corporation, in April 1995. Mr. Idei has played a key role in moving Sony into the digital age and in developing and enhancing Sony's renowned design and brand image throughout his career. He oversaw the areas of Corporate Communications and Advertising as a Director and then Managing Director of Sony Corporation from 1989-1995. During that time he also served as Senior General Manager of the Creative Communication Division (1994), Products Communication Group (1993), Merchandising and Product Communication Strategy Group (1991), and Advertising and Marketing Communication Strategy Group (1990). With his strong background in international marketing, Mr. Idei has contributed significantly to Sony's reputation as one of the worldwide leaders in the consumer audio video industry as Deputy Senior General Manager, Video Group (1986) and Senior General Manager, Home Video Group (1988). He has been instrumental in Sony's involvement in the computer business and was a key figure in the establishment of Sony's compact disc market, and the strengthening of Sony's consumer VCR business. Internationally he was active in the establishment of Sony's European market presence, particularly through the opening of Sony France in the late 1960's and early 1970's. Mr. Idei joined Sony in 1960 after graduating from Waseda University, Faculty of Politics and Economics. He also attended L'Institute des Hautes Etudes Internationales in Geneva, Switzerland (from 1962 to 1963). His family includes his wife, Teruyo, and a daughter, Mari. He is fluent in English and French, and his interests include golf and movies. Headquartered in Tokyo, Japan, Sony Corporation is a leading manufacturer of audio, video, communications and information technology products for the consumer and professional markets. Its music, motion pictures, computer entertainment operations, and online businesses make Sony one of the most comprehensive entertainment companies in the world. Sony recorded consolidated annual sales of over $63.1 billion for the fiscal year ended March 31, 2000, and it employs 189,700 people worldwide. Sony Corporation of America's homepage is http://www.sony.com/sca/.
Kunitake Ando
Pres, COO, Director
Minoru Morio
Vice Chairman and Exec. Representative, Technology
Ken Kutaragi
Director, Pres and CEO of Sony Computer Entertainment Inc.
Teruhisa Tokunaka Exec. Deputy Pres, CFO, Director
 

 

Plans for Year 2002

* Aggressive Management in the Broadband Era
* Ericsson and Sony will team up with the phone business
* Unveils New Vaios
* Buys Square Company

http://www.sony.co.jp/en/SonyInfo/IR/Financial/AR/2001/TOS.html

Key Competitors

AOL Time Warner  |  Matsushita  |  Philips Electronics
BMG Entertainment  |  EMI Group  |  Warner Music
Universal Studios  |  Disney Studios  |  Warner Bros.

News Stories

Sony to invest in Square Software Group
Ring in the Holidays With A Free Month of HBO With Purchase of Sony Recording Media
Sony Unveils New Vaios, Sticks to PC Sales Target
Sony eyes TV overhaul

Charles Atkins
October 19, 2001