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Sony Group (6758) · InitiativeAdvanced

Review and focus of the Media Networks channel portfolio

First written in FY2019-Q3. 4 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2021.

5entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q3AdvancedFY2019 – FY20212019: 320192020: 120202021: 12021
Same theme, other companies
Reorganization of Related ChannelsA theme 2 companies write about · 1 as a headwind · 1 as a tailwind

0 other companies' latest entry also says "Advanced".

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Full recordFilings, disclosures and news, newest first
  1. FY2021AdvancedAnnual report

    「The decrease in channel portfolio review costs in Media Networks, from ¥17.0 billion in the previous fiscal year to ¥5.0 billion in the current fiscal year, was also a factor behind the increase in profit.」

    As part of the focus-and-concentration measures in Media Networks, channel portfolio review-related costs decreased from ¥17.0 billion to ¥5.0 billion, contributing to higher operating income.
  2. FY2020-Q3AdvancedAnnual report

    「Operating income increased by ¥17.6 billion year on year to ¥45.1 billion. This significant increase was due to higher operating income in Media Networks resulting from the effect of the channel portfolio review initiated in the previous fiscal year, lower programming impairments and early retirement costs related to the review than in the same period of the previous year, and lower costs for sports programming and distribution fees in India, despite the effects of higher program development costs and higher production costs resulting from an increase in new programs for U.S. networks in television production.」

    The effects of measures initiated in the previous fiscal year to review the channel portfolio continued to contribute to higher operating income.
  3. FY2020-Q1AdvancedAnnual report

    「The improvement in profit and loss was attributable mainly to lower sports-programming costs and advertising expenses in India within Media Networks, higher home-entertainment revenue at Funimation, and an increase in operating income in other regions resulting from the effects of the channel portfolio review initiated in the previous fiscal year.」

    The company stated that the effects of measures initiated in the previous fiscal year to review the Media Networks channel portfolio increased operating income in other regions.
  4. FY2019AdvancedAnnual report

    「The review of the channel portfolio to advance focus and concentration in Media Networks resulted in ¥12.8 billion in programming write-downs and early-retirement costs. The decline in revenue from Media Networks and television production also had an impact.」

    The channel portfolio focus-and-concentration measures were implemented, and ¥12.8 billion in programming write-downs and early-retirement costs were recorded.
  5. FY2019-Q3First statedAnnual report

    「The review of the channel portfolio to advance focus and concentration in Media Networks resulted in ¥12.4 billion in programming write-downs and early-retirement costs. The decline in revenue from Media Networks and television production also had an impact.」

    In the film business's Media Networks operations, the channel portfolio was reviewed to focus on selected areas, and programming write-downs and early-retirement costs of ¥12.4 billion were recorded.
Moved together

"Differentiation centered on device and information-processing technologies" moved the same way as this thread, in the same document, in 4 of its 5 moves.

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  1. ★This thread
  2. 1Differentiation centered on device and information-processing technologies4×
  3. 2Focus on high-value-added smartphone models and restrained scale4×
  4. 3Enhancing Earnings per Share and Shareholder Value Through Share Buybacks3×
  5. 4Recoverability of deferred tax assets and valuation allowances3×
  6. 5Deteriorating earnings outlook for the film production business and goodwill impairment3×
  7. 6Third Mid-Range Plan centered on ¥2 trillion in operating cash flow and ¥1 trillion in capital expenditures3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Review and focus of the Media Networks channel portfolio | SONY GROUP CORPORATION (6758) | Komori