Description
Sony Corporation, commonly referred to as Sony /ˈsoʊniː/, is a Japanesemultinational conglomerate corporation headquartered in Kōnan Minatory, Tokyo, Japan.[4] Its diversified business includes consumer and professional electronics, gaming, entertainment and financial services.[2] The company is one of the leading manufacturers of electronic products for the consumer and professional markets.[5] Sony is ranked 116th on the 2015 list of Fortune Global 500.
Sony Corporation, commonly referred to as Sony /ˈsoʊniː/, is a Japanesemultinational conglomerate corporation headquartered in Kōnan Minatory, Tokyo, Japan.[4] Its diversified business includes consumer and professional electronics, gaming, entertainment and financial services.[2] The company is one of the leading manufacturers of electronic products for the consumer and professional markets.[5] Sony is ranked 116th on the 2015 list of Fortune Global 500.
Tokyo Tsushin Kogyo[edit]
Sony began in the wake of World War II. In 1946, Masaru Ibuka started an electronics shop in a department store building in Tokyo. The company had $530 in capital and a total of eight employees.[11] In the following year he was joined by his colleague,[clarification needed] Akio Morita, and they founded a company called Tokyo Tsushin Kogyo[12][13] (Tokyo Telecommunications Engineering Corporation). The company built Japan's first tape recorder, called the Type-G.[12] In 1958 the company changed its name to "Sony".
Sony is one of Japan's largest corporations by revenue. It had revenues of ¥6.493 trillion in 2012. It also maintains large reserves of cash, with ¥895 billion on hand as of 2012. In May 2012, Sony shares were valued at about $15 billion.
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