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Sony targets annual opg profit over JPY 500 bln by 2018

2015-02-18 09:01:00| Telecompaper Headlines

(Telecompaper) Sony announced a new mid-term corporate plan focused more on profitability. For the three years to March 2018, the company will use return on equity as its main performance indicator, targeting a ROE of 10 percent. It also aims to raise operating profit to over JPY 500 billion by the fiscal year to March 2018, from an estimated 20 billion in the current year. At the operational level, the group will emphasize profitability over volume, and each business unit will have greater autonomy and a mandate to focus on shareholder value. Sony said its growth drivers will include the Devices division, and mainly its CMOS imaging sensors; the Playstation business; the Pictures division and especially the TV business; and the Music unit, which will focus more on the streaming market. The Imaging Products & Solutions and Video & Sound division are seen as more stable profit generators, rather than growth areas, and Sony will focus here on high value-added products. The remaining divisions, Mobile Communications and TV, are more volatile, subject to difficult market conditions. Sony said it will make restoring profitability the highest priority at these operations, while limiting capital investment in the activities. The company will also continue to explore potential alliances with other companies in these areas.

Tags: sony annual profit targets

 

Kirin Group targets beer after group FY sales drop

2015-02-16 13:12:00| Daily beverage news and comment - from just-drinks.com

Kirin Group has said it will focus on boosting beer sales in Japan this year after group full-year revenues dipped.

Tags: group sales drop beer

 
 

Polycarbonate Blend targets wearable medical devices.

2015-02-13 14:30:22| Industrial Newsroom - All News for Today

Providing resistance against body lotions and other chemicals, Makroblend® M525 Polycarbonate/Polyester meets testing requirements of ISO 10993-5 (Cytotoxicity) and ISO 10993-10 (Irritation and Sensitization) for biocompatibility. Plastic grade exhibits moldability and dimensional stability, and can be color-matched to satisfy design criteria of wearable devices. In addition, product offers optimized overmolding performance in devices with molded-in windows or tubes.

Tags: medical devices targets blend

 

just on Call - Coca-Cola Enterprises targets smart phones in new digital push

2015-02-13 13:46:00| Daily beverage news and comment - from just-drinks.com

Coca-Cola Enterprises (CCE) is to hand out millions of "mobile coupons" this year as part of a ramp up in digital marketing.

Tags: new call digital enterprises

 

Kellogg Cuts Long-Term Targets

2015-02-12 15:38:01| Agriculture - Topix.net

Kellogg Co. on Thursday lowered its long-term growth targets as the cereal maker swung to a loss for the fourth quarter.

Tags: targets cuts kellogg longterm

 

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