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2013 11
2015-02-07
索尼还能站起来吗?
曾经不可一世的SONY,也许真的要跟世界说sorry了。
这几日,索尼发布2014财年第三季度财报,尽管该季度索尼公司实现盈利890亿日元,但2014财年全年依然亏损,相比此前预期的2300亿日元收窄至1700亿日元(约合人民币90亿元)。

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其实,对索尼来讲,亏损已成常态化。由于没能跟上技术潮流,液晶电视方面落后于三星以及LG等竞争对手,智能手机的角逐中落后于苹果、三星以及中国手机厂商,索尼在亏损泥潭中难以自拔。索尼2014年再次亏损,是其最近7年内第6个年度亏损。2008年到2014年的七年间,索尼仅在2012年实现盈利430亿日元(约合人民币22.9亿元),其他6年均为亏损,亏损额共计已达1.15万亿日元。

同时,索尼宣布了一个重磅消息:将在2015财年年底前对移动业务裁员2100人。
手机业务,是退还是卖?

其实,去年10月31日,索尼曾公布关于手机业务改革的措施。索尼移动公司将大幅缩减在中国的移动业务规模,即将实施的、涉及全球1000名员工的裁员计划中,有相当一部分来自中国(700-800人)。

索尼给出了自己的战略,索尼 CFO 吉田宪一郎表示将不再面向中国市场开发智能手机新品,并会精简 Xperia 产品线。虽然索尼否认手机业务将退出中国市场,但似乎这一趋势很难得到逆转。

从财报显示的结果来看,索尼手机业务的黑洞式亏损,和现有业务经营利润难以提升是主要原因。在这种情况下,索尼对手机业务开刀就不难理解了。

根据索尼的预估,移动部门将亏损 18.2 亿美元。此前索尼已多次下调对全年手机销量的预估,主要的原因在于亚太手机市场,尤其是中国市场竞争的急剧。手机业务难见起色,甚至在此前还传出了索尼将出售手机业务的消息。

那么,索尼手机业务到底会走向何方呢?目前来看,业界传闻的完全出售,并直接退场的消息应当不可能,因为索尼旗下的手机业务并非无药可救,而出售也意味着需要大规模投入重整成本,对营收也会有影响。

另外日企的体系相较于欧美企业也相对封闭,所以像摩托罗拉这样的品牌业可以频繁的“改换门庭”但很少见到哪个日本品牌能够很快“流通”,当初的爱立信最终还变身了成了索爱。融入尚且如此之难,何况要融于他人呢?
索尼还能爬起来吗?

曾几何时,索尼几乎是日本乃至世界科技的代名词,是创新和品质的化身。截止互联网时代之前,索尼都是科技界的巨头。缘何,在互联网时代,变成了扶不起的阿斗了呢?

有人分析说:索尼的产品线太长,从耳机、医疗打印机及3D电影的生产设备,到家用录像机、电视机和相机、手机等个人电子产品,有2000多款产品。这些产品之间毫不相干,难以形成优势互补。更糟的是,在众多产品中,索尼缺乏真正有竞争力的核心产品。

也许专注度不够是索尼多年来没有解决的问题,但其实,索尼很早就将移动、数码影像和游戏作为自家的三大支柱业务。但移动业务已经走进了泥潭,在智能手机市场,对节奏的掌握如此高要求的前提下,日本企业谨慎的特征几乎早就宣告了该业务的失败。

数码影像业务走到今天,除了电视业务因为产业链上游的积累还能留在金字塔顶,专业摄像设备的技术优势以外,索尼的品牌已经很难在销售终端找到用户。

当然,强大的索尼游戏机帝国为索尼赢得了无数的年轻拥趸,但微软XBOx的愈走愈强,Play Station的造血机还能走多远?至少在竞争的压力下,利润率降低已是既成事实。
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确实,索尼需要瘦身,也许一两个彩季的漂亮数据来收复丧失的信心。但瘦无可瘦的时候,用什么来提升利润呢?这几年中,太多的事实,已经证明了一个多元化过度的肥猪,再怎么瘦也瘦不成一条反应灵敏的狼犬。

索尼跌倒了,你说还能站起来吗?

文章来源:《商业价值》杂志

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2015-2-7 21:42:22
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2015-2-7 21:55:09
企业能够适应市场的变化 依照创新就能从容应对
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2015-2-7 22:07:33
适者生存,能够满足用户需求的企业长青
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2015-2-7 22:40:49
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2015-2-7 23:31:33
Different perspective,
different report,
let's wait and see.

Sony Corp. surged the most in two years as Chief Executive Officer Kazuo Hirai leads it toward a recovery with help from a business most consumers have never heard of.

The stock rose 12 percent in Tokyo, the biggest gain since January 2013. Sony raised its operating earnings forecast Wednesday with the biggest contributor being its devices unit, which supplies the image sensors that power cameras built into its Xperia smartphones and Apple Inc.’s iPhones. Hirai is boosting investment in the chip unit to build more modules for phones, tablet computers and automobiles.
The business helped Tokyo-based Sony post its best quarterly profit in seven years and increase its projection for annual sales. With the PlayStation 4 winning over gamers and Chief Financial Officer Kenichiro Yoshida cutting costs through a restructuring, the company is making progress in moving beyond the losses of the past and last year’s cyber-attack on its Hollywood studio.
“The demand for front-facing camera modules is going through the roof, because everyone wants to take high-quality selfies, and that doubles the market size for Sony,” said Amir Anvarzadeh, a manager of Japanese equity sales at BGC Partners Inc. in Singapore. “The auto segment of the market is also beginning to boom. Cars potentially may have more than five modules per car.”
The stock closed at 3,101.5 yen in Tokyo, the highest since May 2010 after surging by the daily limit earlier. Analysts at Credit Suisse Group AG raised their price forecast for the shares by 27 percent to 3,300 yen with an outperform rating.

Boosting Capacity
In the three months ended Dec. 31, Sony’s preliminary operating income more than doubled to 178.3 billion yen ($1.5 billion), the highest since the same period of 2007.
“We believe this outstanding performance is the result of company’s renewed focus on profitable businesses where Sony has competitive advantage,” Atul Goyal, a Singapore-based analyst at Jefferies Group LLC, said in a report. “We like the focus on cost-control (rather than job-cuts),” he wrote.
Sony now expects a full-year operating profit of 20 billion yen, compared with an earlier forecast for a 40 billion-yen loss, and annual sales will be 8 trillion yen, it said.
The company also narrowed its projected full-year net loss by 26 percent to 170 billion yen, a prediction that includes a 176 billion-yen writedown at the Xperia phone business.
Better-than-expected sales of sensors and positive foreign exchange moves led Hirai to raise the devices unit’s profit outlook by 49 percent to 100 billion yen and the revenue forecast by 6.7 percent to 950 billion yen.

Here is the question,
if SONY is not promising any more, why its stock price increased? double digit growth?
Why 《商业价值》 didn't report positive market information?
Shouldn't media take objective position?
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