Preview

Sony Corporation

Good Essays
Open Document
Open Document
1290 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sony Corporation
Sony Corporation’s full name is Sonī Kabushiki Gaisha, commonly referred to as Sony, is a Japanese multinational conglomerate corporation headquartered in Kōnan Minato, Tokyo, Japan. Its diversified business is primarily focused on the electronics, game, entertainment and financial services sectors. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2012 list of Fortune Global 500.
Sony Corporation is the electronics business unit and the parent company of the Sony Group, which is engaged in business through its four operating segments – Electronics (including video games, network services and medical business), motion pictures, music and financial services. These make Sony one of the most comprehensive entertainment companies in the world. Sony's principal business operations include Sony Corporation (Sony Electronics in the U.S.), Sony Pictures Entertainment, Sony Computer Entertainment, Sony Music Entertainment, Sony Mobile Communications (formerly Sony Ericsson), and Sony Financial. Sony is among the Worldwide Top 20 Semiconductor Sales Leaders and third-largest television manufacturer in the world, after Samsung Electronics and LG Electronics. The founder of Sony is Akio Morita and Masaru Ibuka. They have their companies based all around the world. They made a net income of 458million this year. This is a miniscule amount compared to what they usually make being of a major loss they have recently suffered and are still trying to recover from. Usually their net income goes up into the billions of dollars. Therefore, to expedite this process, I have decided to make a marketing strategy for this company.

Marketing Strategy
Sony makes various amount of products, so their products should be marketed in various different ways. First of all, cable TV is a efficient way of advertising. They could market almost everything from TV sets to phones and the

You May Also Find These Documents Helpful

  • Good Essays

    Favorite Brand Paper 1

    • 760 Words
    • 3 Pages

    Sony is one of the leading if not leading technology Corporation within the technical business world today. This organization headquarters can be found in Tokyo, Japan. Sony business is focus on electronics, entertainment, and gaming systems, and it also has a financial service sector. The Sony organization mainly focus on electronics such as video games, and TV networking. With these elements it makes Sony a premier organization that deals with consumer satisfaction, and gives them a comprehensive identity within the technology industry.…

    • 760 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Proj 587 Week 4

    • 4394 Words
    • 18 Pages

    Sony has an extraordinary team that works diligently towards the ultimate goals of the company. Their acquired skills make it possible to have such a successful company, due to each team members bringing their creativity to the forefront. The strategic plan identifies and prioritizes what’s most important to the organization, which may also include mobile devices, video games, etc. The strategic plan would also consist of knowing the company’s strengthens weaknesses, opportunities, and threats that could also be entwined in reaching the ultimate goals.…

    • 4394 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Marketing Plan Phase 1

    • 1309 Words
    • 6 Pages

    The Sony Corp. was founded on May 7, 1946 and has its global headquarters in Tokyo, Japan. The name Sony was based on the combination of two words. The two parts were the two words, “Sonus” which is the Latin for sonic and “Sonny” which means small size or small boy. The name is pronounced the same in almost every language spoken in the world. (Sony.net. 2007)…

    • 1309 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    acct540 week#5

    • 706 Words
    • 3 Pages

    Sony have been known worldwide as a Japanese multinational company, its efforts trying to expanding business in United States, have made that Sony acquires CBS Records and Columbia Pictures. Thus, creating Sony Music and Sony Pictures, which represent Sony entertainment. This involved to the company in $1.2 billion of debt, and assigned goodwill assets for $3.8 billion.…

    • 706 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Sony Corporation commonly referred as Sony, is a Japanese multi-national company. It’s Headquarters is in Tokyo, Japan. The company’s main focus is on electronics, games, entertainment and financial service sectors. Sony’s history goes as far back as 1946, as an electronic shop in a departmental store in Tokyo. It was started by Masaru Ibuka and had a total of eight employees. The next year he was joined by his colleague, Akio Morita. They founded a company called Tokyo Telecommunications Engineering Corporation. Their first product was a Tape Recorder. In 1958, the company’s name was changed to Sony. In the next 10 years, the company took a huge rise by selling from an estimated 100,000 units to 5 million units. They encouraged the development of Compact Discs by 1980s. In 1985, Sony launched their Handycam products and the Video8 format. In1990s, the company launched their Memory Stick format, flash memory cards for use in Sony lines of digital cameras and portable music players. It has seen little support outside of Sony's own products, with Secure Digital Cards (SD) commanding considerably greater popularity. Sony has made updates to the Memory Stick format with Memory Stick Duo and Memory Stick Micro. By early 1990s, Playstation was released. This gave them a rise of 61% of global console sales. By the success, Sony released Playstation 2 by early 2000s which was even more successful. The console has become the most successful of all time, selling over 150 million units as of 2011.…

    • 511 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Marketing Plan

    • 3439 Words
    • 14 Pages

    Subsidiary of Sony Corporation • • • 2nd-largest japanese electronics company Core business: entertainment electronics Slogan: “make.believe”…

    • 3439 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    This report explores Sony Computer Corporation, in an effort to provide detailed information regarding the company 's most recent stock trends. The purpose of this report is more specifically to show the performance of the company 's stock after a video game console release, in order to provide investors with information to help decide whether or not to invest. News articles and stock price history charts were consulted to provide a detailed picture of the company 's past and present state and to help make predictions for future performance. The stock charts and news articles referred to in this report are from the companies previous game console release in 2000 to the present. This report is intended to show how Sony 's advances in technology should give them a significant advantage over their competition in the near future. Recommendations are offered based on Sony 's chance for short and long term growth, compared to the amount of risk involved in investing.…

    • 2003 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Nike Annual Report

    • 798 Words
    • 4 Pages

    Sony or Sony Corporation is a multinational corporation based in Japan. Its headquarters are located in Tokyo, and it is currently the fifth largest media conglomerate in the world with revenues estimated at over $77.20 billion. The company is primarily involved in the production of consumer and professional electronic products.…

    • 798 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Why Sony Failed?

    • 319 Words
    • 2 Pages

    First, Sony did not establishing a great enough sense of urgency. Sony began its diversification strategy in 1980s. By 1990’s, Sony shaped game, electric, picture, and finance four main businesses. By that time, some potential crisis began to emerge. However, all of these risks were hidden by excellent annual reports. Even when Sony confronted “Sony Shock” in 2003, leaders of Sony couldn’t realize its development dilemma and prepare to transform. Until 2005, continued losses pushed Sony to review its strategy and re-appointed Sir Howard Stringer as CEO. Sony had lost a lot of opportunities, such as LCD TV. Post core business of Sony, electrical manufacture,…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Sony Corporation is a Japanese multinational conglomerate consisting of a number of business units (consumer electronics, gaming, movie production, music and financial services) making it one of the most comprehensive entertainment companies in the world.…

    • 509 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Sony Analysis

    • 3387 Words
    • 14 Pages

    Sony is a widely known electronic company which was founded in 1946 by Masuru Ibuka and Akio Morita in Tokyo (www scribd.com). The company produces a wide variety of digital products.…

    • 3387 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Shortly about SONY

    • 1356 Words
    • 6 Pages

    Sony Company was founded in 1946 in Tokyo physicist Akio Morita and Masaru Ibuka engineer. The company consisted of 20 employees, they were engaged in the repair of electrical equipment and tried to create their own products.…

    • 1356 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Student

    • 1999 Words
    • 8 Pages

    Sony should utilise the key strategic strengths technology, R&D, developing studios, productdevelopment & online gaming to the maximum and invest in these areas. Avenues that needto be worked on are marketing, patents and brand management to support the above. The nextsection investigates strategic options that the firm could undertake by leveraging these keystrengths.…

    • 1999 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Market mix of Sony

    • 1787 Words
    • 6 Pages

    Sony Corporation is a multinational conglomerate corporation headquartered in Tokyo, Japan, and one of the world's largest media conglomerate with revenue of US$88.7 billion (as of 2008) based in Minato,…

    • 1787 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Unit 4 P4

    • 429 Words
    • 2 Pages

    Sony has made a lot of advertising in order to promote their product. PlayStation has been one of the most successful products since when Sony started to put it on the market. Sony has already sold millions of consoles worldwide in less than 2 months. In North America Sony sold over a million in less than 24 hours.…

    • 429 Words
    • 2 Pages
    Satisfactory Essays

Related Topics