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 mobile-as 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-offs 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 efficiencies.
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. Sony is currently modifying its business segment classification to reflect its reorganization as of April 1, 2012. Sony expects to report its operating results in line with new business segments from the first quarter of the fiscal year ending March 31, 2013.