Sony Reveals Mid-term Strategy Over Next 3 Years - Quick Facts

(RTTNews) - Sony Corp. (SON.L, SNE), in its Corporate Strategy Meeting today, unveiled a mid-term strategy, charting the path forward for the company over the next three years, starting with the fiscal year ending March 31, 2016 and finishing with the fiscal year ending March 31, 2018.

Sony would position Return on Equity or ROE as its major key performance indicator and has set a goal for consolidated ROE of over 10% and a target for consolidated operating profit of more than 500 billion yen for the Sony Group in fiscal 2017, the final year of its mid-range corporate plan. The firm plans to meet these goals and realize its transformation into a highly profitable enterprise by implementing certain key strategies.

The key strategies for business operations include business management emphasizing profitability, without necessarily pursuing volume; business management that grants each business unit greater autonomy and mandates a focus on shareholder value; and clearly defined positioning of each business within a broader business portfolio perspective.