May 022014

May 2, 2014. Sony and Japan Industrial Partners (JIP), has announced that it is scheduled to start operations from July 1 as the VAIO Corporation PC business.

VAIO Corporation
Start of business: July 1, 2014 (Scheduled)
5432 Toyoshina, Azumino-shi, Nagano, Japan
Capital 1,000 million yen
Ownership: JIP 95%, Sony 5%
Representative: Takayuki Sekitori, Representative Director and President
Empolyees Approximately 240

Sony and Japan Industrial Partners’ Special Purpose Company
Sign Definitive Agreements for the Sale of PC Business

May 022014

sony fi 20134q

May 1, 2014, Sony has downgraded its forecasts (April 2013-March 2014) 2013.
It was a consolidated deficit of 110 billion yen conventional, it is 130 billion yen increase 20 billion yen.

This, after it was announced in February the withdrawal of PC business, sales fell below expectations. In addition, it was ahead of schedule recorded restructuring charges.
Due to reasons such as, increased 30 billion yen.

Financial results for 2013 will be announced on May 14, 2014.

Sony Release

Feb 062014

February 6, 2014, Sony has announced that it entered into a confirmation intention to transfer to Japan Industrial Partners, Inc., the PC business in the VAIO brand.
Conclude by the end of March 2014 the definitive agreement.

current basic understanding (from Press Release)

The new company will conduct operations for its VAIO-branded PC business as an independent business entity, including planning, design, development, manufacturing and sales.
Following reevaluation of the product lineup, the new company will initially concentrate on sales of consumer and corporate PCs in the Japanese market and seek to optimize its sales channels and scale of operations, while evaluating possible further geographic expansion. Through these measures, the new company will aim to quickly secure stable profit.
The new company will be based at the Nagano Technology Site (Azumino City, Nagano Prefecture), the hub of Sony’s current PC operations. At the start of operations, the new company is expected to hire approximately 250 to 300 Sony employees currently engaged in PC-related operations, such as planning, design, development, manufacturing and sales at Sony and Sony Group companies in Japan.
The new company will be established and operated with capital investment from and management support of JIP. Sony will initially invest 5% of the new company’s capital to support its launch and facilitate a smooth business transition.
The parties will continue to discuss the consideration for the contemplated Sale, which will depend on the full scope of assets to be sold as finally determined in the definitive agreement.

Sony and Japan Industrial Partners Sign Memorandum of Understanding for Sale of PC Business

Japan Industrial Partners

Feb 052014


5 February 2014, Nikkei and Japanese media reported tto sell to Japan Industrial Partners the VAIO business at Sony.
Shipments of VAIO’s 7.6 million units in fiscal 2012, expected to be 5.8 million units in fiscal 2013.

It seems to have determined that the growth of the VAIO business is difficult, such as enterprise, low-cost PC and tablet.
In addition, the overseas business also does not extend, but overseas and are considering, including the withdrawal.


Sony said

Sony has made no announcement in this regard. As Sony has announced previously, Sony continues to address various options for the PC business, but Sony has no further comments.

Japan Industrial Partners

Sony Corporation Statement regarding Media Reports dated February 4-5, 2014

Feb 012014


Lenovo and Sony are considering a joint venture of overseas operations of the PC. NHK has reported on February 1, 2014.
Sony PC business in Japan, you are considering to establish a new company is funded from investment funds.
VAIO brand to continue.