May 21st, 2009 - Wall Street Journal
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TOKYO - Sony Corp., expecting another year of huge losses, said Thursday it plans to halve the number of global suppliers over the next two years in a move to save at least ¥500 billion ($5.3 billion) in purchasing costs this fiscal year.
Major Japanese electronics makers such as Sony, the maker of Bravia-branded televisions and PlayStation game devices, and rival Panasonic Corp. are engaged in sweeping restructuring that focuses on cutting costs in ...
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Sony to halve suppliers
May 21st, 2009 - Reuters
TOKYO (Reuters) - Sony Corp will halve the number of its suppliers in the next two years and aims to slash procurement costs by 20 percent this year, it said on Thursday...
Sony Plans to Cut Procurement Costs by 20% This Year
May 20th, 2009 - Bloomberg
May 21 (Bloomberg) -- Sony Corp. plans to reduce purchasingcosts by about 500 billion yen ($5.3 billion), or 20 percent,this fiscal year after the global slump in consumer demand drovethe company to a record annual operating loss.
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May 18th, 2009 - Bloomberg
May 19 (Bloomberg) -- Japanese and Australian stock futuresrose as confidence among U.S. homebuilders jumped to an eight-month high, the yen weakened and bank borrowing costs plunged. U.S.-traded receipts of Sony Corp....
Panasonic Forecasts Second Annual Loss, Cuts Dividend
May 15th, 2009 - Bloomberg
May 15 (Bloomberg) -- Panasonic Corp., the world’s largestmaker of plasma televisions, forecast a second annual loss asthe global slump drives down demand for consumer electronicsranging from flat-screen TVs to digital cameras.
Panasonic posts annual loss, sees another tough year
May 15th, 2009 - Reuters
TOKYO (Reuters) - Panasonic Corp (6752.T) reported an annual net loss on Friday, battered by weak demand, price falls and restructuring costs, and the Japanese electronics maker forecast a bigger-than-expected loss this year.



