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April 6, 2011
(Tokyo, April 6, 2011) - Sony Corporation (“Sony” or the “Company”) today updated the status of Sony Group manufacturing operations affected by the March 11 East Japan earthquake, tsunami and related power outages, as of April 6, 2011.
As of March 14, 2011, operations at ten Sony Group sites and facilities had been suspended as a result of damage caused by the earthquake, tsunami and related power outages. As announced on March 22, 2011, manufacturing operations at three of these sites had since resumed or partially resumed. As of April 6, 2011, manufacturing operations at five other sites have also resumed or partially resumed.
As also announced on March 22, 2011, manufacturing operations at certain manufacturing sites that were not directly damaged by the earthquake and tsunami have been adjusted in response to planned power outages and the availability of necessary raw materials and components. While the situation varies according to product, Sony is responding to fluctuations in material or component supply by adjusting production levels at the five sites announced on March 22, 2011, and also at certain other domestic and overseas manufacturing sites from time to time. However, as of April 6, 2011, none of those sites has been required to fully suspend operations.
Sony will continue to monitor the availability of raw materials and components, and endeavor to maintain supplies of any products affected by these adjustments by relying on existing inventory to the extent available. The Company also plans to take further measures as necessary, including reallocating available materials and components among Sony Group companies, using alternative components and expanding procurement channels in order to restore full production capacity as early as possible.
The Company is continuing to evaluate the full impact of the earthquake, tsunami and related power outages, including the impact of these production adjustments, on Sony's businesses and consolidated financial results.