Sony 2013 Annual Report Download - page 6

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4
Fiscal year 2012, ended March 31, 2013, was my first year as President and CEO of Sony. It
was a year full of change that enabled us to build positive momentum across the Sony
Group.
　Since becoming President, I visited 45 dierent Sony Group sites in 16 countries, ranging
from electronics sales oces to manufacturing facilities, R&D labs, and entertainment and
financial services locations. This enabled me to interact with a wide range of employees, as
well as with local management. I also spent as much time as possible speaking directly with
our retail partners, our suppliers and, most importantly, with our customers.
　Interacting with so many people gave me greater insight into the impact of the initiatives
we have undertaken, as well as the issues that we must still address. It also rearmed my
belief that the Sony Group has the potential to transform its businesses and position itself
for future growth, and that we will do so as long as we maintain momentum and continue
working as “One Sony.” Working as “One Sony” involves collaborating when appropriate
and sharing our collective assets such as technologies, services, content and business
know-how across the Sony Group, to our competitive advantage.
　I have been working non-stop with senior management and employees to turn Sony
around, making more changes to the Company than in perhaps any other period in our his-
tory. Thanks to swift decision making, the eective execution of key initiatives, the commit-
ment and passion of employees across the Sony Group, and the support of our many
stakeholders, we were able to significantly improve our operating results and realize full-
year profitability* for the first time in five years.
* Recorded positive net income attributable to Sony Corporation’s stockholders in fiscal year 2012