mobile insurance products and medical and cancer insurance products to individual customers, primarily through direct marketing through the Internet and the telephone. Sony Bank conducts banking operations in Japan. As an Internet bank focusing on the asset management and borrowing needs of individual customers, Sony Bank offers a range of products and services, including yen and foreign currency deposits, investment trusts, mortgages, and other individual loans. By using Sony Bank’s transaction channel, the ‘MONEYKit’ service Website, account holders could invest and manage assets through the Internet according to their life plans. All Other Sony Network Entertainment Inc. primarily operates the SEN service. Sony DADC Corporation 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. So-net provides Internet broadband network services to subscribers, as well as creates and distributes content through its portal services to various electronics product platforms (PCs and mobile phones). In 2013, Sony Olympus Medical Solutions Inc., a medical business venture between the company and Olympus Corporation was established in Japan. Government Regulations In Japan, the company’s insurance businesses are subject to the Insurance Business Act and approvals and oversight from the Financial Services Agency (FSA). Sony Bank is also subject to regulation by the FSA under the Banking Act of Japan. The company’s subsidiaries in the Financial Services segment are subject to the Japanese Insurance Business Act and Banking Act that require insurance and business companies to maintain their financial credibility and to secure protection for policy holders and depositors in view of the public importance of insurance and banking services. In addition, the company’s telecommunication businesses in Japan are subject to approvals and oversight from the Ministry of Internal Affairs and Communications, under the Telecommunication Business Act and other regulations related to the Internet businesses and communication methods in Japan. In Europe, the company is required to comply with various environmental regulations enacted by the EU, such as the Restriction of Hazardous Substances Directive, the Waste Electrical and Electronic Equipment Directive, and the Registration, Evaluation, Authorization and Restriction of Chemicals regulation. The company has taken steps to comply with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires the disclosure of information regarding certain conflict minerals, as defined by the Japanese Defined Benefit Corporate Pension Plan Act, and has provided such disclosure to the U.S. Securities and Exchange Commission in 2014 for calendar year 2013. Significant Events In July 2014, Innovation Network Corporation of Japan, Japan Display Inc., Sony Corporation and Panasonic Corporation announced that they have executed a definitive agreement to establish a new company, JOLED Inc. to integrate Sony and Panasonic's R&D functions for organic light-emitting diode (OLED) display panels. History The company was founded in 1946. It was formerly known as Tokyo Tsushin Kogyo Kabushiki Kaisha and changed its name to Sony Corporation in 1958.
sony corp (6758:Tokyo)
Phone: 81 3 6748 2111
|Fujitsu Ltd||¥719.00 JPY||+8.90|
|Hitachi Ltd||¥798.00 JPY||+12.50|
|Lenovo Group Ltd||$12.02 HKD||-0.24|
|Mitsubishi Corp||¥2,185 JPY||+17.00|
|Seven & I Holdings Co Ltd||¥4,201 JPY||+44.50|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact SONY CORP, please visit www.sony.net. Company data is provided by Capital IQ. Please use this form to report any data issues.