Sony 2012 Annual Report Download - page 19

Download and view the complete annual report

Please find page 19 of the 2012 Sony annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

Sony will continue to pursue M&A opportunities in the medical sphere that it judges
necessary for business development and that offer an appropriate fit with Sonys
own strengths. Sony aims to build the medical business into a key pillar of its overall
business portfolio, and is targeting future annual sales of 100 billion yen.
The 4K digital cinema format, which integrates Sony’s considerable strengths in
imaging and audio technology, is a prime example of accelerating innovation. Provid-
ing customers with emotionally moving experiences through beautiful imagery and
sound has always been an important part of Sonys identity. Sony is focusing on the
development of technologies related to 4K, which boasts more than four times the
resolution of Full HD. Sony has already launched 4K-compatible digital cinema projec-
tors, as well as the F65 CineAlta camerathe industrys highest resolution motion
picture camera. Combined with professional editing products and a high-end, home
theater projector, Sony is delivering an ecosystem of 4K products.
By bolstering technology differentiation centering on original, state-of-the-art
technologies and core deviceswhich are the core strength of Sony’s electronics
business—Sony plans to continue expanding and enriching its 4K lineup, from
consumer-targeted to professional-use products. In doing so, Sony aims to oer its
customers a new form of excitement.
V. Realigning Our Business Portfolio and Optimizing Resources
Through accelerated selection and focus, Sony will invest in core and new businesses
as it aggressively works to transform itself into a more profitable structure.
Sony plans to focus its investments in three core businesses—digital imaging,
game and mobileas well as its new medical business. Other existing business areas
will be evaluated to determine the optimum strategy for those businesses, including
consideration of alliances, business transfers or spin-os as necessary to optimize
Sony’s overall business portfolio.
Sony has already completed the transfer of the small and medium-sized liquid crystal
display business to an outside party. Sony has commenced negotiations with a view to
transferring the chemical products business to an external party. Sony is also exploring
possible alliances in the e-vehicle battery and energy storage businesses.
In addition to the business portfolio realignment, Sony is also restructuring its
headquarters, operating subsidiaries and sales organization as it aims to further
enhance management and operational eciencies.
Note: A corporate strategy meeting was held in Tokyo on April 12, 2012. The information stated here is based on the
information announced on that day.
17