Last $244.60 MXN
Change Today +16.60 / 7.28%
Volume 9.1K
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As of 4:08 PM 07/31/14 All times are local (Market data is delayed by at least 15 minutes).

sony corp-sponsored adr (SNEN) Snapshot

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09/5/13 - $283.25
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06/11/14 - $209.68
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Current Stock Chart for SONY CORP-SPONSORED ADR (SNEN)

sony corp-sponsored adr (SNEN) Details

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; home audio, Blu-ray disc players and recorders, and memory-based audio devices; compact digital, home-use video, and interchangeable single-lens cameras; and personal computers. The company also develops, produces, markets, and distributes PlayStation4, PlayStation3, PlayStation Vita, PlayStation Portable, and PlayStation 2 hardware and related software. In addition, it provides professional solutions, such as broadcast- and professional-use products; CMOS image sensors, CCDs, system LSIs, small- and medium-sized LCD panels, and other semiconductors; batteries, audio/video/data recording media, storage media, optical pickups, chemical products, and optical disk drives; and materials and components for electronic devices, such as anisotropic conductive films. Further, the company is engaged in the acquisition, production, and distribution of television programs, animated motion pictures, and video content; operation of television networks and studios; and recorded music distribution, as well as music publishing businesses. Additionally, it provides various financial services, including life and non-life insurance, savings products, and loans; is involved in the research, development, design, production, marketing, sale, distribution, and servicing of mobile phones, tablets, accessories, and applications; offers Blu-ray disc, DVD, and CD media replication services, as well as digital and physical supply chain solutions to business customers in the entertainment, education, and information industries; and provides Internet broadband network services to subscribers. The company was formerly known as Tokyo Tsushin Kogyo Kabushiki Kaisha and changed its name to Sony Corporation in January 1958. Sony Corporation was founded in 1946 and is headquartered in Tokyo, Japan.

Founded in 1946

sony corp-sponsored adr (SNEN) Top Compensated Officers

Chief Executive Officer, President, Represent...
Total Annual Compensation: ¥184.0M
Corporate Executive Officer and President for...
Total Annual Compensation: ¥156.0M
Compensation as of Fiscal Year 2014.

sony corp-sponsored adr (SNEN) Key Developments

Sony Corp., Panasonic Corp., and Japan Display Inc. Plans to Set Up a New Company to Develop OLED

Sony Corp., Panasonic Corp., and Japan Display Inc. plans to set up a new company later this year to develop small and medium-sized organic light-emitting diode displays for use in tablet devices. The new company will receive investment from the Innovation Network Corporation of Japan, a public-private investment fund, and its establishment plan is expected to be announced later this month. The Japanese makers aim to better compete with South Korean rivals by combining their technological strength under the joint venture, as OLED has potential to become a next-generation display, given its ability to provide clearer images using thinner panels than liquid crystal displays. Negotiations are in the final stage to form the new company to be named JOLED, with Innovation Network Corporation of Japan expected to hold a 70% stake. Japan Display will take a 20% stake, while Sony and Panasonic will have a 5% share each. Sony and Panasonic have been engaged in OLED development for use in large-sized televisions, but they faced difficulties in making a profit given high production costs. Therefore, they have decided to pull out from the development on their own and transfer engineers and other assets to the new company.

Sony To Exit London Stock Exchange Due To Low Trading Volumes

At the Board of Directors' Meeting held on July 30, 2014, Sony Corporation resolved to make an application to each of the UK Listing Authority and the London Stock Exchange for the cancellation of the listing of Sony's shares of common stock (including depositary receipts representing such shares; hereinafter the same shall apply) on the Official List and the cancellation of admission to trading of such shares on the Regulated Market of the London Stock Exchange (together, the "delisting" of such shares). The trading volume of Sony's shares on the London Stock Exchange has been extremely low. Sony believes that this delisting would cause no substantial inconvenience to Sony's shareholders and investors. Sony's shares will continue to be listed on Tokyo Stock Exchange and New York Stock Exchange. The delisting of Sony's shares is expected to take effect on or around August 29, 2014. The admission of Sony's Zero Coupon Convertible Bonds due 2017 to listing on the Official List of the UK Listing Authority and to trading on the London Stock Exchange will be continued.

Sony Mobiles Appoints Singer as Exclusive Distributor for Xperia Z2

The latest premium flagship waterproof smartphone designed by Sony, the 'Xperia Z2' was unveiled to the local market recently in Colombo by Singer Sri Lanka Plc, laying a pedestal to the partnership with Sony Electronic Singapore Private Limited. Singer Plc was appointed the exclusive distributor for Sony Mobile Communications (Sony Mobile) in Sri Lanka during the launch.


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