Sony 2013 Annual Report Download - page 10
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● Accelerate execution of updated strategies in the three core businesses
(Mobile, Imaging, Game)
● Return the TV business to profitability
● Accelerate execution of growth strategies in emerging markets that leverage
the overall strength of the Sony Group
● Reinforce new businesses (such as medical and security) to deliver sustained growth
● Further realign Sony’s business portfolio
Reinforce the Electronics Business Further Strengthen Profitability
in the Entertainment and
Financial Services Businesses
Continue to Reinforce
Sony’s Financial Foundations
The Next Step
While we were able to achieve profitability on a consolidated, net income basis, unfortu-
nately we were not able to return the electronics business to profitability on an operating
profit basis in fiscal year 2012. Therefore, in fiscal year 2013 (ending March 31, 2014), we will
continue to take aggressive measures to transform our businesses, turn around the elec-
tronics business and position Sony for growth.
At our Corporate Strategy Meeting on May 22, 2013, we announced the three key initia-
tives for fiscal year 2013, which are to reinforce our electronics business, further strengthen
profitability in the entertainment and financial services businesses and continue to reinforce
our financial foundations.
Key Strategies for FY 2013