Sony 2000 Annual Report Download - page 5

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SONY CORPORATION ANNUAL REPORT 2000
3
home-use PCs and digital AV products such as Digital Handycam home-use camcorders and
DVD-Video players were introduced and well received, and semiconductors and electronic com-
ponents also performed well. As a result, sales in the Electronics business on a local currency
basis increased approximately 13%, and operating income increased 132%, compared with the
previous year.
In the Game business, PlayStation 2 went on sale in Japan on March 4, 2000. The number of
units shipped exceeded two million in less than three months. Considering the highly competi-
tive nature of the Game business, we believe that the launch of PlayStation 2 was a success.
CONTINUING STRUCTURAL REFORM FOR THE NETWORK ERA OF THE 21ST CENTURY
To build on the results achieved during the year under review, Sony has defined the fiscal
year ending March 31, 2001 as “Accelerating Corporate Reform – Phase 2” and has embarked
on further steps to strengthen its management team, its management architecture, and the
Electronics business.
NORIO OHGA
Chairman
NOBUYUKI IDEI
President and
Chief Executive Officer