Japan Economy

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Date Submitted: 04/12/2011 12:59 AM

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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.

Sony's Sales and Distribution by Geographical Regions in 2009[48]

Geographic Region | Total Sales (yen in millions) |

Japan | 1,873,219 |

United States | 1,827,812 |

Europe | 2,307,658 |

Other Area | 2,041,270 |

Sony Corporation (Sony) is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. Sony’s primary manufacturing facilities are located in Japan, Europe, and Asia. Sony also utilizes third-party contract manufacturers for certain products. Sony’s products are marketed throughout the world by sales subsidiaries and unaffiliated distributors, as well as direct sales through the Internet. Sony is engaged in the development, production, manufacture, marketing, distribution and broadcasting of image-based software, including motion picture, home entertainment and television products. Sony is also engaged in the development, production, manufacture, and distribution of recorded music. In addition, Sony is engaged in a network service business and an advertising agency business in Japan.

Sony is one of the world's largest television manufacturers and faces strong competition in the sector from Samsung Electronics, LG Electronics and Panasonic.

Sony Corporation (Sony) is involved in designing, developing, manufacturing, and selling of electronic equipment, instruments, and devices. The company has operations across North America, Europe, and Asia covering 204 counties and headquartered in Tokyo, Japan. The company operates in five reportable segments namely Electronics, Games, Pictures (film and TV), Financial Services and Others.