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Last $422.50 MXN
Change Today 0.00 / 0.00%
Volume 0.0
SNEN On Other Exchanges
New York
As of 4:09 PM 03/9/15 All times are local (Market data is delayed by at least 15 minutes).

sony corp-sponsored adr (SNEN) Snapshot

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03/9/15 - $422.50
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06/11/14 - $209.68
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Current Stock Chart for SONY CORP-SPONSORED ADR (SNEN)

sony corp-sponsored adr (SNEN) Details

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; home audio, Blu-ray disc players and recorders, and memory-based audio devices; compact digital, home-use video, and interchangeable single-lens cameras; and personal computers. The company also develops, produces, markets, and distributes PlayStation4, PlayStation3, PlayStation Vita, PlayStation Portable, and PlayStation 2 hardware and related software. In addition, it provides professional solutions, such as broadcast- and professional-use products; CMOS image sensors, CCDs, system LSIs, small- and medium-sized LCD panels, and other semiconductors; batteries, audio/video/data recording media, storage media, optical pickups, chemical products, and optical disk drives; and materials and components for electronic devices, such as anisotropic conductive films. Further, the company is engaged in the acquisition, production, and distribution of television programs, animated motion pictures, and video content; operation of television networks and studios; and recorded music distribution, as well as music publishing businesses. Additionally, it provides various financial services, including life and non-life insurance, savings products, and loans; is involved in the research, development, design, production, marketing, sale, distribution, and servicing of mobile phones, tablets, accessories, and applications; 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; and provides Internet broadband network services to subscribers. 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.

Founded in 1946

sony corp-sponsored adr (SNEN) Top Compensated Officers

Chief Executive Officer, President, Represent...
Total Annual Compensation: ¥184.0M
Corporate Executive Officer and President for...
Total Annual Compensation: ¥156.0M
Compensation as of Fiscal Year 2014.

sony corp-sponsored adr (SNEN) Key Developments

Sony Corp. Launches PlayStation Vue in New York, Chicago and Philadelphia

Sony Corp. said it has launched PlayStation Vue, a cloud-based online television service, in the United States. The service offers live or video-on-demand content on over 85 channels to owners of the PlayStation 3 and PlayStation 4 video game consoles. Subscribers can access at least 45 channels for $49.99 per month. The service is initially available only in New York, Chicago and Philadelphia. The company aims to expand the coverage to other areas in the United States. Sony also intends to make the service available on Apple Inc.'s iPad tablet computer and other devices.

Sony Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 2014; Provides Earnings Guidance for the Year Ending March 31, 2015

Sony Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended December 2014. For the quarter, the company reported net profit of JPY 90 billion for the period. The JPY 90 billion profit was slightly up from the JPY 89 billion the group estimated in February, and more than three times bigger than JPY 26.4 billion in the same quarter of 2013. Sales and operating revenue grew 6.5% from a year earlier to JPY 2.56 trillion and operating profit more than doubled to JPY 182.1 billion, up from earlier estimated JPY 2.55 trillion and JPY 178.3 billion. Net sales were JPY 2,239,485 million compared to JPY 2,098,930 million a year ago. Income before income taxes was JPY 167,828 million compared to JPY 88,307 million a year ago. Net income attributable to the company stockholders was JPY 89,971 million or 76.96 per diluted share compared to net income of JPY 26,382 million or JPY 22.58 per diluted share a year ago. For the nine months, the company reported net sales of JPY 5,385,450 million compared to JPY 5,048,906 million a year ago. Operating income was JPY 166,321 million compared to JPY 138,296 million a year ago. Income before income taxes was JPY 146,250 million compared to JPY 138,829 million a year ago. Net loss attributable to the company stockholders was JPY 19,190 million or 17.50 per diluted share compared to net income of JPY 9,878 million or JPY 8.45 per diluted share a year ago. Net cash provided by operating activities was JPY 382,932 million compared to JPY 243,508 million a year ago. Payments for purchases of fixed assets were JPY 145,813 million compared to JPY 214,335 million a year ago. Sales and operating revenue was JPY 6,278,168 million compared to JPY 5,896,343 million a year ago. For the year ending March 31, 2015, the company expected to lose JPY 170 billion in its fiscal year ending on March 31, 2015 confirming its February estimate. The company projections of JPY 20 billion in annual operating profit and JPY 8.0 trillion in sales.

Sony to Sack 1,000 Employees at Swedish Mobile Unit

Sony announced that it would shed 1,000 jobs at its Swedish mobile unit as the division moves to drop over a quarter of its workforce. The company will cut its total workforce in the southern town of Lund from 2,200 to 1,200 employees. Sony's mobile division plans to shed by March 2016 a total of 2,100 jobs -- about 30% of its workforce -- to drag its results out of the red.


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