Sony 2001 Annual Report Download - page 82

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Sony Corporation Annual Report 2001
80
NUMBER OF EMPLOYEES
Sony’s consolidated number of employees (including fixed-term employees) at the end of March 2001 was
approximately 181,800, a decrease of approximately 7,900 from the end of March 2000. The decrease is attribut-
able to a reduction of the number of employees, primarily in the Electronics and Music businesses.
STRATEGIC DEVELOPMENTS AND FORECAST
This section, including without limitation the Forecast of Consolidated Results, contains forward-
looking statements about the possible future performance of Sony and should be read in light of the
cautionary statement on that subject, which appears on the inside front cover page and applies to this
entire document. A forecast of consolidated results is requested by the rules of the Tokyo Stock
Exchange to which Sony is subject.
The following is a summary of certain recent strategic developments and Sony’s forecast for its fiscal year
ending March 31, 2002.
Management Policy
Sony’s management is endeavoring to develop appropriate plans for its businesses in light of the current general
economic and operating environment and available information.
Aiming to achieve its vision of Value Creation Management, during the fiscal year ended March 31, 2001,
Sony reinforced its group headquarters, accelerated the development of network businesses, and sought to
strengthen its core business. Sony aims to become a “knowledge-emergent enterprise in the broadband network
era”, which offers customers appealing and useful services through the cooperation of the five key business areas
including electronics, game, entertainment (primarily consisting of the music and pictures businesses), Internet
and communication services, and financial services. To achieve this goal, Sony intends to continue its manage-
ment initiatives by using information technology and pursuing creativity. Moreover, through the use of EVA®*, a
performance indicator which reflects the cost of capital, Sony intends to strive for strengthening its growth
potential and mid- and long-term competitiveness and to increase corporate value.
*EVA® (Economic Value Added) is a trademark of Stern Stewart & Co.