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August 28, 2020
Tokyo, Japan - Sony Corporation ("Sony") has published "Corporate Report 2020," which comprehensively covers both financial and non-financial information about the company. The report has been made publicly available through Sony's Investor Relations (IR) website beginning today.
The theme of Sony's mid-range plan for the current three-year period, which began in the fiscal year ended March 31, 2019, is to "generate sustainable social value and maintain a high level of profit," and to that end the company is emphasizing management from a long-term perspective. Last year, as part of this mid-range plan, Sony established its "Value Creation Stories" (how Sony can best position itself to build clear value creation stories over the long term) and published a Corporate Report for the first time. Based on this idea, this year Sony has deepened internal discussions on value creation from a long-term perspective and engaged in a series of dialogues with external experts and investors.
This report introduces the progress of initiatives and the implementation of strategies to realize the "Value Creation Stories" based on those discussions and dialogues.
Through this Report, Sony seeks to enhance understanding among investors and other stakeholders regarding Sony's approach to management based on a long-term perspective, and at the same time, promote further dialogue to enhance Sony's corporate value over the long term. In addition to this Report, Sony has also today released its "Sustainability Report 2020," which provides more detailed information of Sony's sustainability and Corporate Social Responsibility (CSR) initiatives that form the basis of value creation.
Based on its Purpose to "fill the world with emotion, through the power of creativity and technology" and corporate direction of "getting closer to people," Sony aims to harness its diversity and realize the kinds of value creation that only it can deliver.