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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Sony Corporation    6758   JP3435000009

SONY CORPORATION

(6758)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 01/15
10560 JPY   -1.77%
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Sony : Organizational Changes and Executive Appointments

11/17/2020 | 06:25am EST

Transition to new management structure for Electronics Products & Solutions business

Tokyo, Japan - In May this year, Sony Corporation ("Sony") announced a series of changes to the Sony Group's organizational structure. A new overall management framework for Sony Group Corporation ("SGC"), and the Electronics Products & Solutions business ("EP&S"), that will succeed to the Sony Corporation company name, has been determined.

In the area of EP&S, Sony Electronics Corporation, Sony Imaging Products & Solutions Inc., Sony Home Entertainment & Sound Products Inc. and Sony Mobile Communications Inc. will be integrated and engage in the unified management of these businesses. Furthermore, certain support functions for the electronics business that have been carried out by the headquarters (the current Sony Corporation) until now, will be consolidated within the new integrated structure (Sony Corporation after April, 2021). This will further elevate the autonomy of each business; accelerate organizational, talent and business portfolio optimization; while also bolstering the capacity for new value creation.

In conjunction with the establishment of this structure, Kimio Maki will be appointed President and CEO of the new Sony Corporation. Under his leadership the company will introduce a renewed management structure, further reinforce its business foundations, and embark on new evolution and growth.

With regards to SGC, in order to further reinforce the technological strength that empowers all of the Sony Group's businesses, Toru Katsumoto, Executive Deputy President, will be appointed CTO (Chief Technology Officer) of SGC, effective December 1, 2020. SGC will be dedicated to functioning as the headquarters of the Sony Group, and will lead and support the evolution of the Group's businesses through its array of talent and technology, to drive further evolution and growth across the Sony Group. Executive Appointments Effective December 1, 2020Sony Corporation (company name scheduled to change to "Sony Group Corporation" effective April 1, 2021) Toru Katsumoto Executive Deputy President and Chief Technology Officer

Corporate Executive Officer Effective April 1, 2021 Sony Group Corporation Shigeki Ishizuka Vice Chairman

Representative Corporate Executive Officer

Support for Electronics Businesses Sony Corporation (business entity newly formed by integrating the current EP&S business) Members of the Board Kimio Maki Representative Director Kenichiro Yoshida Director and Chairman Ichiro Takagi Director and Vice Chairman Hiroki Totoki Director Shigeki Ishizuka Director Toru Katsumoto Director Hitoshi Korenaga Statutory Auditor Executive Officers Kimio Maki President and CEO Kazuo Kii Executive Deputy President Yoshinori Matsumoto Executive Deputy President Hiroshi Kawano Executive Vice President Mitsuya Kishida Executive Vice President Masaru Tamagawa Senior Vice President Hideyuki Furumi Senior Vice President Michael Fasulo Senior Vice President Hidehiko Teshirogi Senior Vice President Masaaki Kojima Senior Vice President Shigeru Kumekawa Senior Vice President Hiroshi Takahashi Senior Vice President Yuichi Oshima Senior Vice President and CFO

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

All news about SONY CORPORATION
01/14SONY : Canon raises outlook as buyers scoop up new models of cameras, printers
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More news
Financials
Sales 2021 8 520 B 81 999 M 81 999 M
Net income 2021 785 B 7 553 M 7 553 M
Net cash 2021 2 492 B 23 984 M 23 984 M
P/E ratio 2021 16,4x
Yield 2021 0,48%
Capitalization 13 056 B 126 B 126 B
EV / Sales 2021 1,24x
EV / Sales 2022 1,13x
Nbr of Employees 111 700
Free-Float 97,7%
Chart SONY CORPORATION
Duration : Period :
Sony Corporation Technical Analysis Chart | 6758 | JP3435000009 | MarketScreener
Technical analysis trends SONY CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 11 681,50 JPY
Last Close Price 10 560,00 JPY
Spread / Highest target 42,0%
Spread / Average Target 10,6%
Spread / Lowest Target -20,5%
EPS Revisions
Managers and Directors
NameTitle
Kenichiro Yoshida Co-Chairman, President & Chief Executive Officer
Shuzo Sumi Co-Chairman
Hiroki Totoki Chief Financial Officer, Director & Vice President
Toru Katsumoto Chief Technology Officer & EVP
Makoto Toyoda Chief Information Officer & Executive Officer
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