Sony Announces Realignment in Electronics Responsibilities to Strengthen Growth and Enhance Core Product Development.Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Sept 25, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Effective October October: see month. 1, 2006 Sony Corporation will realign re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. certain executive responsibilities in its electronics business to strengthen its mid to long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. growth strategy, further support its core businesses, and put additional focus on the areas of product development and product quality. Going forward under Dr. Chubachi's direction all core consumer product business will be coordinated and led by Executive Deputy President Katsumi Ihara. The semiconductor and component device businesses will be led by Yutaka Nakagawa, who will be promoted to Executive Deputy President. Research and Development and all new business functions will be concentrated at Sony Headquarters under Dr. Chubachi's direct supervision. One year into its revitalization re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. plan, Sony has been able to achieve certain progress in its recovery plan for key electronics business categories. In order to continue this positive trend by best utilizing all its assets and resources, Sony has now decided to unite and streamline the core AV/IT businesses under Mr. Ihara, and focus the critical semiconductor manufacturing and component device efforts under Mr. Nakagawa. Both are proven and seasoned executives with a long track record of success and accomplishment, and Sony expects that they will provide great strength in their new assignments. In additional announcements, Keiichiro Shimada will be promoted to President of the Technology Development Group and will oversee the development of software and technology linked to next generation products. And, as announced earlier, Makoto Kogure has assumed the position of Corporate Executive in Charge of Product Quality & Safety for the company. New Executive Responsibilities (as of October 1st) Katsumi Ihara Executive Deputy President, Representative Corporate Executive Officer, Member of the Board Officer in charge of Consumer Products Group (TV & Video Business, Digital Imaging Business, Audio Business, Connect Business, VAIO (Video Audio Integrated Operation) Sony's trade name for its desktop and laptop PCs. In mid-1998, Sony introduced its 505G series of subnotebooks that were the first in ultra-thin Pentium portables. Business) President of TV & Video Business Group, President of Digital Imaging Business Group (Currently) Executive Deputy President, Representative Corporate Executive Officer, Member of the Board Officer in charge of Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. Strategies, TV and Video Business President of TV & Video Business Group Yutaka Nakagawa (promoted) Executive Deputy President, Corporate Executive Officer Officer in charge of Semiconductor & Component Group (Semiconductor Business and Component Business) (Currently) EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition , Corporate Executive Officer Officer in charge of Product Strategies, Digital Imaging Business and Audio Business President of Digital Imaging Business Group Ryoji Chubachi (President and Electronics CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Representative Corporate Executive Officer) is scheduled to be appointed as Officer in charge of Technology Development Group as of October 1st. Keiichiro Shimada will leave his current position of Deputy President of Digital Imaging Business Group and is scheduled to be appointed as President of Technology Development Group as of October 1st. About Sony Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and on-line businesses, Sony is uniquely positioned to be the leading personal broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). entertainment company in the world. Sony recorded consolidated annual sales of approximately $67 billion for the fiscal year ended March 31, 2005. Sony Global Web Site: http://www.sony.net Source: Sony Contact: Sony Corporation Gerald Cavanagh Tel: +81-3-5448-2200 Fax: +81-3-5448-3061 E-mail: gerald.cavanagh@jp.sony.com Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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