Status of Sony Group Manufacturing Operations in Japan
OREANDA-NEWS. March 22, 2011. Sony Corporation ("Sony" or the "Company") today provided an update on the status of Sony Group manufacturing operations in Japan affected by the March 11 Pacific Coast of Tohoku Earthquake, tsunami, and related power outages, as of 10 a.m., March 22, 2011 (JST).
First, Sony has confirmed the safety of all of its and its group companies' employees in the region affected by the earthquake and tsunami. Second, as set forth more fully below, the Company has resumed manufacturing operations at several of the manufacturing sites where manufacturing operations had been suspended as a result of damage caused by the earthquake, tsunami and related power outages. Recovery plans to resume operations at most of the remaining manufacturing sites damaged by the earthquake and tsunami have already begun to be implemented. At the same time, manufacturing operations at certain manufacturing sites that sustained no direct damage are now being affected by planned power outages as well as shortages of raw materials and components, causing those sites to temporarily suspend a part of their operations. The current situation of each manufacturing site of Sony Group in Japan is set forth below.
The Company is continuing to evaluate the full impact of the earthquake, tsunami and related power outages on Sony's businesses and consolidated financial results.
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