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    6758   JP3435000009

SONY GROUP CORPORATION

(6758)
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Sony : Electronics enters collaborative program to provide integrated solutions

07/27/2021 | 03:26pm EDT

Sony Electronics, a manufacturer of AV products and solutions, including 4K HDR Professional BRAVIA displays, 3LCD projectors, LED displays, remote cameras, and AI-based audio tools, has entered into the Collaborative Alliances program. Joining the program will allow Sony to offer more capabilities by providing integrated solutions through alignment with other companies in the AV industry, according to a company press release.

The alliance was also announced at Sony's AV Tech Expo on Tuesday. The event runs through Wednesday.

To support the collaboration, Sony will prioritize its focus on integrating and optimizing hardware and software products catered to channel partners, resellers, integrators and consultants serving corporate, education, government, healthcare, faith, retail, entertainment and transportation markets.

"By working collaboratively with the best and most innovative brands in the pro AV space, we're approaching each alliance as an opportunity to combine our collective strengths and expertise to become a powerful community," Theresa Alesso, Pro Division president, Sony Electronics, said in the release. "As we seek to enhance the functionality and increase the interoperability of Sony's industry-standard AV technology, we're enabling our community to use impactful digital signage, video collaboration and unified communications platforms to engage customers in an even more dynamic and connected manner, while offering our users valuable, all-inclusive and cost-conscious solutions for a range of scenarios."

Sony Electronics is a division of Sony Corporation, founded in 1946 and headquartered in Tokyo, Japan.

Copyright © 2021 Networld Media. All rights reserved., source Industry News

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Financials
Sales 2022 9 773 B 88 940 M 88 940 M
Net income 2022 775 B 7 049 M 7 049 M
Net cash 2022 2 742 B 24 953 M 24 953 M
P/E ratio 2022 19,8x
Yield 2022 0,51%
Capitalization 15 327 B 140 B 139 B
EV / Sales 2022 1,29x
EV / Sales 2023 1,17x
Nbr of Employees 109 700
Free-Float 98,2%
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Number of Analysts 19
Last Close Price 12 360,00 JPY
Average target price 15 089,47 JPY
Spread / Average Target 22,1%
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Managers and Directors
Kenichiro Yoshida Co-Chairman, President & Chief Executive Officer
Hiroki Totoki CFO, Director, VP & Head-Business Administration
Shuzo Sumi Co-Chairman
Toru Katsumoto Chief Technology Officer, Executive VP, Head-R&D
Tsuyoshi Kodera Head-Information Systems & Security
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