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Financial Times (February 14)

2019/ 02/ 16 by jd in Global News

“Official figures from the Dutch investment agency show 42 companies relocated to the Netherlands last year citing Brexit as the reason. The investment has resulted in 1,923 jobs and €290m in investment. Sony and Panasonic have also announced plans to set up their European headquarters in the country.” But the good news may not last. “The Netherlands is likely to be one of the biggest EU losers from a hard Brexit given the close trading links between the two countries especially in fresh produce and the importance of Rotterdam, Europe’s busiest port, to British trade.”

 

Financial Times (June 7)

2017/ 06/ 10 by jd in Global News

“Change seems inevitable. Japan’s traditional reliance on seniority-based management is crumbling fast, and there is a clear sense of alarm as Toyota, Panasonic and Sony all talk about hiring international talent with both the broader skills and mindset to survive the next wave of technological innovation.”

 

Washington Post (December 11)

2014/ 12/ 12 by jd in Global News

“To get a taste for the havoc possible in today’s digital world, consider the recent cyberattack on Sony Pictures Entertainment.” The massive 100 terabytes of stolen data has revealed “embarrassing details about executive salaries and secret movie negotiations—but the hack is also a worrisome moment in ­cybersecurity…. It is now a fact that many of the world’s most powerful nations are building cyberforces, either directly or with mercenary proxies. This is creating a cyberspace with plenty of risks.”

 

Bloomberg (November 28)

2014/ 11/ 29 by jd in Global News

“Fierce rivals, Samsung and Sony also face many of the same problems: overstretched businesses, a dearth of game-changing products, hierarchical corporate structures and proud places in their national psyches. But South Korea’s Samsung is proving how nimble even huge legacy names can be. Sony should pay attention.”

 

New York Times (December 10, 2013)

2013/ 12/ 13 by jd in Global News

“Unesco just picked Japanese cuisine as a world cultural heritage, recognition that the Japanese government had lobbied hard for. Toyota, Sony and Nintendo may have once served as symbols of national identity, but they are now eclipsed.”

 

Financial Times (August 6)

2013/ 08/ 07 by jd in Global News

Sony’s polite “rebuff of activist investor Loeb is hardly a surprise…. Daniel Loeb has joined the long line of activist investors rebuffed by Japanese companies.”

 

Bloomberg (October 10)

2012/ 10/ 11 by jd in Global News

“Sony, Sharp and Panasonic now have a combined market capitalization of about $29 billion, compared with Sony’s peak valuation of about $120 billion in 1999. Apple Inc. (AAPL)’s market capitalization is $596 billion and Samsung’s is $175 billion.” Japan’s electronics makers seem to be following in the footsteps of Detroit’s automakers. They haven’t kept up with changing markets and are being left behind with higher costs and shrinking market share. “Having the most-advanced technology—once a key strength of Japanese manufacturers—matters less as consumers increasingly pay attention to content, apps and user-friendliness rather than hardware specifications.”

 

[archive]