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Encyclopedia > Sony Corporation
Sony Corporation
Type Public
Founded 1946 (in 1958, company took on current name)
Location Shinagawa, Tokyo; numerous locations outside Japan (http://www.sony.net/SonyInfo/CorporateInfo/Subsidiaries/outside.html)
Key people Nobuyuki Idei: Chairman and CEO (to be Sir Howard Stringer current vice-chairman of Sony and chief executive of Sony Corp. of America); Kunitake Ando: President (to be Ryoji Chubachi; an executive for Sony's electronics and networking divisons)
Industry Audio & Video equipment
Products Consumer Electronics including television, digital cameras and camcorders, mobile audio and personal computers; Semiconductors; Electronic Components; PlayStation; Gaming (online); Music, Movies, and TV Program Content; others
Revenue image:green up.png$71.216 billion USD (2004)
Website www.sony.net

Sony Corporation (Japanese katakana: ソニー) (TYO: 6758 (http://quote.tse.or.jp/tse/quote.cgi?F=listing/EDetail1&MKTN=T&QCODE=6758)), (NYSE: SNE (http://www.nyse.com/about/listed/lcddata.html?ticker=SNE)) is a global consumer electronics corporation based in Tokyo, Japan. It is currently the world's largest producer of consumer electronics and is one of the biggest corporations in Japan and around the world. This is a copyrighted and/or trademarked logo. ... Literally a public company is a company owned by the public. ... Wiktionary has a definition of: Foundation This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... Shinagawa (品川区; -ku) is a special ward located in Tokyo, Japan. ... Nobuyuki Idei (born November 1937) is the Chairman and Group Chief Executive Officer of Sony Corporation. ... Sir Howard Stringer KBE (born 1942) is a British businessman and has been named the next chairman and chief executive of Sony Corporation, the first such to not be Japanese. ... Kunitake Ando (born January 1942) has been president of Sony Corporation since June 2000, and an employee of the company since 1969. ... Consumer electronics is electronic equipment intended for use by everyday people. ... In business, revenue is the amount of money that a company actually receives from its activities, mostly from sales of products and/or services to customers. ... Green up arrow for a positive change in revenue from last fiscal year. ... The United States dollar is the official currency of the United States. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ... The front page of the English Wikipedia website. ... Katakana (片仮名, literally: fragmentary kana) are a Japanese syllabary, one of four Japanese writing systems (the others are hiragana, kanji and rōmaji). ... The main trading room of the Tokyo Stock Exchange, where nowadays the trading is done by computers The Stock Exchange occupies a narrow site in Tokyos securities district The Tokyo Stock Exchange (abbreviated TSE) is a stock exchange market located in Tokyo, Japan. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is the second largest stock exchange in the world. ... Consumer electronics is electronic equipment intended for use by everyday people. ... A corporation is a legal entity (distinct from a natural person) that often has similar rights in law to those of a Civil law systems may refer to corporations as moral persons; they may also go by the name AS (anonymous society) or something similar, depending on language (see below). ... Tokyo (東京; Tōkyō  listen, literally eastern capital), is located in the Kanto region on the island of Honshu in Japan. ... Consumer electronics is electronic equipment intended for use by everyday people. ...


Sony Corporation is traded on the Tokyo Stock Exchange under number 6758 and on the NYSE as SNE through ADR. The main trading room of the Tokyo Stock Exchange, where nowadays the trading is done by computers The Stock Exchange occupies a narrow site in Tokyos securities district The Tokyo Stock Exchange (abbreviated TSE) is a stock exchange market located in Tokyo, Japan. ... New York Stock Exchange (June 2003) The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world. ... Terms like SOSE (Studies of Society & the Environment) not only refer to social sciences but also studies of the environment. ... An American Depositary Receipt (ADR) is how the stock of most foreign companies trades in United States stock markets. ...


See also Sony Corporation shareholders and subsidiaries. Corporate information for the Sony Corporation Shareholders (as of march 2004) Moxley & Co. ...

Contents

History

It was founded by Masaru Ibuka and Akio Morita on May 7, 1946 as the Tokyo Telecommunications Engineering with about 20 employees. Their first consumer product, in the late 1940s, was a rice boiler. As it grew into a major international corporation, Sony acquired other companies with longer histories, including Columbia Records (the oldest continuously produced brand name in recorded sound, dating back to 1888). Today Norio Ohga is Honorary Chairman, Nobuyuki Idei is Chairman and CEO, and Kunitake Ando is president of the corporation. Masaru Ibuka (April 11, 1908 in Nikko City, Japan - December 19, 1997 in Tokyo) was a Japanese electronics industrialist. ... Akio Morita (January 26, 1921 in Nagoya, Japan - October 3, 1999 in Tokyo) was a co-founder of Sony Corporation. ... May 7 is the 127th day of the year in the Gregorian Calendar (128th in leap years). ... 1946 was a common year starting on Tuesday. ... Centuries: 19th century - 20th century - 21st century Decades: 1890s 1900s 1910s 1920s 1930s - 1940s - 1950s 1960s 1970s 1980s 1990s Years: 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 Events and trends Technology First nuclear bomb First cruise missile, the V1 flying bomb and the first ballistic missile, the... Columbia Records is the oldest continually used brand name in recorded sound, dating back to 1888. ... 1888 is a leap year starting on Sunday (click on link for calendar). ... Norio Ohga (otherwise spelt Norio Oga) (born January 29, 1930) is a Japanese electronics businessman who originally trained as an opera singer. ... Nobuyuki Idei (born November 1937) is the Chairman and Group Chief Executive Officer of Sony Corporation. ... Kunitake Ando (born January 1942) has been president of Sony Corporation since June 2000, and an employee of the company since 1969. ...

Masaru Ibuka and Akio Morita

File links The following pages link to this file: Sony Corporation ... File links The following pages link to this file: Sony Corporation ...

Brand change

When Tokyo Tsushin Kogyo was looking for a romanized name to use to market themselves, they strongly considered using their initials, TTK. The primary reason they did not, is that the railway company Tokyo Kyuko was known as TKK. Tokyo Tsushin Kogyo was a name for Sony Electronics that was dropped after they were looking for a romanized name. ... The Tokyo Kyuko Electric Railway (東京急行電鉄 Tōkyō Kyūkō Dentetsu), better known as Tokyu(東急), is a major private railway operator in the Greater Tokyo Area of Japan. ...


The name "Sony" was chosen for the brand as a mix of the Latin word sonus, which is the root of sonic and sound, the English word "sunny", and from the word Sonny-boys which is Japanese slang for "whizz kids". However "Sonny" seemed not to be appropriate since it sounds too much like the Japanese soh-nee which means something like "business goes bad", furthermore, Akio Morita pushed for a word that does not exist in any language so that they could claim the word "Sony" as their own (which paid off when they sued a candy producer who also used the name who claimed that "Sony" was just an existing word in some language). Sony Corporation (Japanese katakana: ソニー) (NYSE: SNE) is a consumer electronics corporation based in Tokyo, Japan. ... Latin is the language that was originally spoken in the region around Rome called Latium. ... The English language is a West Germanic language that originates in England. ... Slang is the non-standard use of words in a language of a particular social group, and sometimes the creation of new words or importation of words from another language. ... Akio Morita (January 26, 1921 in Nagoya, Japan - October 3, 1999 in Tokyo) was a co-founder of Sony Corporation. ... Sony Corporation (Japanese katakana: ソニー) (NYSE: SNE) is a consumer electronics corporation based in Tokyo, Japan. ... Candy is a term for a type of confectionery prepared by preparing a syrup through dissolving sugar in water or milk, and boiling it until it starts to caramelize. ... Sony Corporation (Japanese katakana: ソニー) (NYSE: SNE) is a consumer electronics corporation based in Tokyo, Japan. ...


At the time of the change, it was extremely odd for a Japanese company to use Roman letters to spell its name, much less the phonetic script used in the Japanese writing, instead of Chinese characters.


The move was not without opposition; TTK's principal bank at the time, Mitsui, had strong feelings about the name. They pushed for a name such as Sony Electronic Industries, or Sony Teletech. Akio Morita was firm, however, as he did not want the company name tied to any particular industry. Eventually, both Ibuka and Mitsui Bank's chairman gave their approval. Mitsui (三井) is one of the largest corporation groups in Japan. ... Akio Morita (January 26, 1921 in Nagoya, Japan - October 3, 1999 in Tokyo) was a co-founder of Sony Corporation. ...


Howard Stringer

On March 7th, 2005, Sony Corp. announced that Nobuyuki Idei will step down as Chairman and Group CEO and will be replaced by Briton Sir Howard Stringer, current Chairman and CEO of Sony Corporation of America, Corporate Executive Officer, Vice Chairman and COO Sony Entertainment Business Group. Sony's decision to replace Idei with Wales native Howard Stringer will mark the first time that a foreigner will run a major Japanese electronics firm. Sony Corp. also announced on the same date that current president, Kunitake Ando, will step down and be replaced by Ryoji Chubachi. [1] (http://www.sony.net/SonyInfo/News/Press/200503/05-014E/index.html) Sir Howard Stringer KBE (born 1942) is a British businessman and has been named the next chairman and chief executive of Sony Corporation, the first such to not be Japanese. ...


Acquisitions

In 1988, Sony acquired CBS (Columbia) Records Group from CBS. It was renamed "Sony Music Entertainment". 1988 is a leap year starting on a Friday of the Gregorian calendar. ... CBSs first color logo, which debuted in the fall of 1965. ... In 1988 Sony Corporation acquired CBS Records for $2 Billion and renamed the label to Sony Music Entertainment. ...


In 1989, Sony acquired Columbia Pictures from Coca Cola for US $3.4 billion. It was subsequently renamed "Sony Pictures Entertainment". 1989 is a common year starting on Sunday of the Gregorian calendar. ... Columbia Pictures is a film production company, and part of Sony Pictures Entertainment. ... The wave shape (known as the dynamic ribbon device) present on all Coca-Cola cans throughout the world derives from the contour of the original Coca-Cola bottles. ... Sony Pictures Entertainment (SPE, Sony Pictures Entertainment Inc. ...


In 2000, Sony had sales of US $63 billion and 189,700 employees. Sony acquired Aiwa corporation in 2002. 2000 is a leap year starting on Saturday of the Gregorian calendar. ... Aiwa is a Japanese electronics and radio company. ... 2002 is a common year starting on Tuesday of the Gregorian calendar. ...


Sony also owns television channels in India and channels aimed at Indian communities in Europe. World map showing location of Europe A satellite composite image of Europe Europe is geologically and geographically a peninsula, forming the westernmost part of Eurasia. ...


On July 20th, 2004, the EU approved a 50-50 merger between Sony Music Entertainment and BMG. The new company will be called Sony BMG and will, together with RIAA partner Universal, control 60% of the world wide music market. 2004 is a leap year starting on Thursday of the Gregorian calendar. ... In 1988 Sony Corporation acquired CBS Records for $2 Billion and renamed the label to Sony Music Entertainment. ... Bertelsmann is a transnational media corporation founded in 1835, based in Gütersloh, Germany. ... Bertelsmann is a transnational media corporation founded in 1835, based in G tersloh, Germany. ... The Recording Industry Association of America (RIAA) is a special interest group representing the U.S. recording industry, and the body responsible for certifying gold and platinum albums and singles in the USA. For more information about sales data see list of best selling albums and list of best selling... Universal Music Group (UMG) is the largest major label in the record industry, with a 23% market share. ...


On September 13th 2004 a Sony-led consortium finalised the deal to purchase famous film studio Metro-Goldwyn-Mayer for about $5 Billion, including $2Bn in debts. MGM logo Metro-Goldwyn-Mayer or MGM, is a large media company, involved primarily in the production and distribution of cinema and television programs. ...


Legal

In 2002, Sony Computer Entertainment America, marketer of the popular PlayStation game consoles, was sued by Immersion Corp. of San Jose, California which claimed that Sony's PlayStation "Dual Shock" controllers infringed on Immersions patents. In 2004 a federal jury agreed with Immersion, awarding the company US$82 million in damages. A U.S. district court judge ruled on the matter in March, 2005 and not only agreed with the federal jury's ruling but also added another US$8.7 million in damages. Washington Post: Pay Judgment Or Game Over, Sony Warned (http://www.washingtonpost.com/wp-dyn/articles/A6261-2005Mar28.html) The PlayStation (Japanese: プレイステーション) is a video game console of the 32-bit era, first produced by Sony Computer Entertainment in the 1990s. ... City nickname: Capital of Silicon Valley Location within Santa Clara County, California Country   State     County United States   California     Santa Clara Mayor Ron Gonzales Area  - Land  - Water 178. ... State nickname: The Golden State Other U.S. States Capital Sacramento Largest city Los Angeles Governor Arnold Schwarzenegger Official languages English Area 410,000 km² (3rd)  - Land 404,298 km²  - Water 20,047 km² (4. ...


Criticism

Sony has historically been notable for creating its own in-house standards for new recording and storage technologies instead of adopting those of other manufacturers and standards bodies. The most infamous of these was the videotape format war of the early 1980s, when Sony marketed its Betamax system for video cassette recorders against the VHS format developed by JVC. In the end, VHS gained critical mass in the marketplace and became the worldwide standard for consumer VCRs and Sony had no choice but to capitulate. Home video cassette recorders became available in the early 1970s, though the first system to be successful was Sonys Betamax. ... Events and trends The 1980s marked an abrupt shift towards more conservative lifestyles after the momentous cultural revolutions which took place in the 1960s and 1970s and the definition of the AIDS virus in 1981. ... Sonys Betamax is the 12. ... The video cassette recorder (or VCR, less popularly video tape recorder) is a type of video tape recorder that uses removable cassettes containing magnetic tape to record audio and video from a television broadcast so it can be played back later. ... Top view VHS cassette with US Quarter for scale Bottom view of VHS cassette with magnetic tape exposed The Video Home System, better known by its acronym VHS, is a recording and playing standard for video cassette recorders (VCRs), developed by JVC (ironically, with some of its critical technology under... Victor Company of Japan, or (Japan Victor Company) JVC, is a large international corporation headquartered in Yokohama, Japan, which produces audio, video, and consumer electronics products. ...


Sony has continued the same tactic with subsequent technologies; for example, it created MiniDisc to replace cassette tapes which left it in an awkward position when rivals later adopted CD-R and MP3. Sony also makes heavy use of its Memory Stick flash memory cards for digital cameras and other portable devices, which few other manufacturers use. It also attempted to compete with the Iomega Zip drive and Imation Superdisk with their HiFD, but this proved a severe failure. The Sony MZ1 MiniDisc player, the first to hit the market in 1992. ... A CD_R (Compact Disc_Recordable) is a thin (1. ... MP3 is a popular digital audio encoding and lossy compression format. ... 128 MB Memory Stick with MagicGate support Memory Stick is a removable memory card format, launched by Sony in October 1998. ... Later (USB, left) and earlier (parallel, right) Zip drives (media in foreground). ... The Sony HiFD (High capacity Floppy Disk) was an attempt by Sony to replace the aging 3. ...


Since the introduction of the MiniDisc format, Sony has attempted to promote its own audio compression technologies under the ATRAC brand, against more widely-used formats like MP3 and Windows Media Audio. Until late 2004, Sony's Network Walkman line of digital portable music players did not support the MP3 de facto standard natively, although the software provided with them would convert MP3 files into the ATRAC or ATRAC3 formats. ATRAC (Adaptive TRansform Acoustic Coding) is an audio compression algorithm used to store information on Minidiscs and other Sony-branded audio players. ... 2004 is a leap year starting on Thursday of the Gregorian calendar. ...


Notable products and technologies

See also: List of Sony Trademarks The following are or were trademarks of the Sony Corporation or its subsidiaries: 3 MAX+ 700 Series A Vision For Business a2DVD ACAMS Access Center AccuPower Accurate Image Restoration Active Prism Advanced HAD Advanced Intelligent Tape (word & logo) Advanced Storage by Sony AIBO AIR Air-Egg AirTrac Alcatraz Americas...


1950s

Enlarge
A 1969 Sony TC-630 reel-to-reel recorder

Download high resolution version (800x790, 72 KB)Image of a reel-to-reel recorder, taken by myself. ... Download high resolution version (800x790, 72 KB)Image of a reel-to-reel recorder, taken by myself. ... A Sony TC-630 reel-to-reel recorder, once a common household object. ... The transistor radio (or transistor) is a small radio receiver. ...

1960s

Trinitron is Sonys brand name for its line of aperture grille cathode ray tube televisions and computer monitors. ...

1970s

U-matic is the name of a videocassette format developed by Sony in 1969. ... Sonys Betamax is the 12. ... Elcaset was a short-lived audio format created by Sony in 1976. ... SONY Recorder Walkman (TCM-S68V) MD Walkman The Sony Walkman personal stereo was a transistorized miniature portable cassette tape player invented by Akio Morita, Masaru Ibuka and Kozo Ohsone, and manufactured by Sony Corporation. ...

1980s

Mavica is a Sony Corporation brand of digital cameras which uses removable disks as the main recording media. ... Betacam - Wikipedia /**/ @import /skins/monobook/IE50Fixes. ... Image of a recordable compact disc (pencil included for scale) A compact disc (or CD) is an optical disc used to store digital data, originally developed for storing digital audio. ... A floppy disk is a data storage device that is composed of a circular piece of thin, flexible (i. ... Discman was the nickname given to Sonys first portable CD player, the D-50, which was the first on the market, and adopted for Sonys entire portable CD player line. ... 8mm Camcorder mini-DV Camcorder A camcorder is a portable electronic device (generally a digital camera) for recording images and audio onto a storage device. ... A 8mm Camcorder The 8mm Video Format (official name: Video8) is a type of video cassette recorder and video tape. ... Sonys D1 format was the first major professional digital video format, introduced in 1987. ... Digital Audio Tape (DAT or R-DAT) is a signal recording and playback medium introduced by Sony in 1987. ... NeWS, for Network extensible Window System, was a windowing system developed by Sun Microsystems in the late 1980s. ... D2 is a professional digital video format, created as a lower-cost alternative to D1. ... A 8mm Camcorder The 8mm Video Format (official name: Video8) is a type of video cassette recorder and video tape. ...

1990s

NT was a digital memo recording system introduced by Sony in 1992, sometimes marketed under the name Scoopman. ... The Sony MZ1 MiniDisc player, the first to hit the market in 1992. ... The PlayStation (Japanese: プレイステーション) is a video game console of the 32-bit era, first produced by Sony Computer Entertainment in the 1990s. ... The Magic Link was a personal communicator and PDA marketed by Sony from 1994, based on the General Magics Magic Cap operating system. ... A MiniDV tape Digital Video (DV) is a video format launched in 1996, and, in its smaller tape form factor MiniDV, has since become the standard for consumer and semiprofessional video production. ... A MiniDV tape Digital Video (DV) is a video format launched in 1996, which encodes video onto tape in digital format with intraframe compression, making it straightforward to transfer the video onto computer for editing. ... Cybershot is a brand of Sony digital cameras. ... Digital8 (or D8) is a digital videotape format invented by Sony in the late 1990s. ... VAIO notebook VAIO, an acronym for Video Audio Integrated Operation, is a brand slogan for many of Sonys computer products. ... Mavica is a Sony Corporation brand of digital cameras which uses removable disks as the main recording media. ... The Sony Ruvi was an analog video and video still camera released in 1998. ... 128 MB Memory Stick with MagicGate support Memory Stick is a removable memory card format, launched by Sony in October 1998. ... The Sony HiFD (High capacity Floppy Disk) was an attempt by Sony to replace the aging 3. ... Super Audio CD (SACD) is a new audio recording format aimed at providing higher fidelity audio reproduction than the compact disc. ... The PlayStation 2 (PS2) (Japanese: プレイステーション2) is Sonys second video game console, after the PlayStation. ... AIBO is one of several types of robotic dogs designed and manufactured by Sony; there have been several different kinds of AIBOs since their introduction in 1999. ...

2000s

Question marks indicate products no longer sold as of 2005, but the year of withdrawal is unknown A CLIE N760C handheld computer. ... MicroMV is a new videotape format by Sony. ... High Definition Video (HDV) is a video format which is intended to provide the facility to record high-definition (as opposed to standard definition) MPEG-2 video on standard DV media (DV or MiniDV cassette tape). ... Blu-ray discs Blu-ray Disc is a next-generation optical disc format meant for high definition video (HD) and high density data storage, and is one of two competing standards for HD optical media. ... PSX is the name of a Sony media center, PVR and DVD recorder based on the PlayStation 2 video game console. ... QRIO QRIO is a bipedal humanoid robot from Sony. ... PlayStation Portable PSP shown with Value Pack retail box including accessories. ... Sony supplies the Librie EBR-1000EP, an ebook display device, to the public. ... The PlayStation 3 (colloquially known as the PS3) is the next video game console in Sony Computer Entertainments (SCEI) market-leading PlayStation series. ...


External links


  Results from FactBites:
 
Sony - Wikipedia, the free encyclopedia (1601 words)
Sony Corporation is traded on the Tokyo Stock Exchange under number 6758 and on the NYSE as SNE through ADRs.
Sony was founded by Masaru Ibuka and Akio Morita on May 7, 1946 as the Tokyo Telecommunications Engineering with about 20 employees.
The name "Sony" was chosen for the brand as a mix of the Latin word sonus, which is the root of sonic and sound, the English word "sunny", and from the word Sonny-boys which is Japanese slang for "whizz kids".
Sony Corporation - definition of Sony Corporation in Encyclopedia (698 words)
Sony has historically been notable for pushing its own in-house standards for new recording and storage technologies, which are often different from those of other manufacturers or of market trends and standards.
Sony has continued the same tactic with subsequent technologies; for example, it pushes its MiniDisc digital recording format (intended to replace cassette tapes) whilst rivals favour CD-R and MP3 instead.
Sony Corporation is traded on the Tokyo Stock Exchange under number 6758 and on the NYSE as SNE through ADR.
  More results at FactBites »

 
 

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