Quest for Curiosity AIITQRIO QRIO

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1

2 Quest for Curiosity AIITQRIO QRIO

3

4 2003 DVD CEO COO 2

5 Management Message Strategy R&D Products 11 Topics File 01 File 02 DVD File 03 DVDPSX File 04 PCVAIO File 05 File 06 DVD 36 At a Glance: Report 30 Fab People Sony with You M 35 Financial Section BMG 3

6 TR60 21 TR60 TR60 AV & 4

7

8 , % % DVD PCVAIO 2 PS2 7,000 PS SFH LAN PSPIC FeliCa CELLCCD CMOS

9 TR , % , ,

10 DVD PCVAIO 2003 IT CS CFC Contribution= Compensation

11 TR

12 10 HD Claude Nobs CEO CD CD PCVAIO 3 P900 HD XPRI D-2 SPMPEG IMX PX

13 Sony Products File DNA DNA 11

14 File 01 KDE-P61-HX2N / 4 PCVAIO 2003 No.1* * FTV 12

15 EPG File 02 DVD RDR-HX10 DVD DVD+RW DVD-RW DVD-R DVD DVD-R HQ+DVD VBR DVD Clip-On CoCoon DVD 2003 DVD DVD 2003 RDR-GX7DVD+RW/-RW/-R EPG HQ+ 250GB325 HQ+ VBR DVD HQ+ 15Mbps DVD VBR DVD DVD DVD DVD+RWDVD-RW/-R 1 DVD

16 File 03 DVDPSX DESR-7100 PS2 PS2 USB GUI 312mm PSX PS2 PSX1 2 GUI PSX No.1 2 PS2 AV PSXDVD AV PS2CPU EE GS PSXEEGS GUI GUI PSX1DVD EPG DVD PSX DVD PSXCD PSX PSX PS DVDDVD PSX PSX

17 20 File 04 PCVAIO VGC-V201 PC DVD VAIO type V AV VAIO2 VAIO type V PC 1996PCVAIO PC AV PC PC IC PC PC PC AV PC PC PCAV VAIO type V 20VAIO type V PC VAIO type VPC PC VAIO type V PC 360 VAIO type V MPEG DVD AVVAIO VAIO2 PC IT 3 IT

18 CCD 17.3mm 510CCD mm 2.5 File 05 DSC-T cm DSC-T1 510 CCD DSC-T CCD510 DSC- T DSC-T1 ON/OFF DSC-T1 510Super HAD CCD T DSC-T1 DSC

19 8cm DVD File 06 DVD DCR-DVD201 DVDPC DVD-RW DVD-RW VR DVD DVDDVD DVD2003 DVD DVD DVD DVD 30% DVD DVD DVD 100 VBRVBR DVD CBR Camcorder 22 Camcorder 3 17

20 CELLCCDCMOS EL CCD 128 CPUEE GS 2PS2 PS2EEGS CELL CELL PC CELL IBM 20013IBM 3 54 SOI 65 CELL FabIBM 3 65nm1nm 1mm , ,000/ 18

21 19 CCD CCD IBM TFT EE+GS

22 CCD CMOS CCDNo CCD CMOS CMOS 1 CCD CCDMOS CMOS PC S-LCD 7 1,870mm2,200mm TFT 2005 SXRDSilicon X- tal Reflective Display 7, GB20054GB PRO PRO Duo 4CCD EL EL 3 Duo 4K SXRD 20

23 2PC PCVAIO PC PC No.1 3 CDDVD/ PS2PCDVD AV DVD DVD/ DVD216 / DVDCD3 3/3 HD Blu-ray Disc FoundersBDF BD 13 * BDFBD Blu-ray Disc AssociationBDA *LG TDK mm 14mm2mm1.5g HD2 23GB BDCDDVD12cm 1.2mm DVD627GB BD 21

24 22 BD405nm 2.6 DVD6 25GB 25GB BD 0.1mmBD 51% BD BD 0.1mm BDDVD DVD mm CDDVD 36Mbps 36MbpsBD 24Mbps BS BSMPEG-2 TSBS 2 DVDCD 3 BDDVDCD3 BD 3 DVD/CDBD

25 Eikou Sumura

26 R&D research & development DNA R&D R&D R&D R&D R&D R&D R&D R&D 3 3 CCD SoC 24

27 EL 3GLV ,096H2,160V SXRDSilicon X-tal Reflective Display DVD % IEEE ISSCC %5, % % %4, % % 38% ,332 4,431 5, % 0.3% 5, % 25

28 26

29 27

30 28 SCM CS SCM 60

31 EMCS 60 TR60 EMCSEngineering ManufacturingCustomer Services CS SCM CFC 3 CFC CFC EMCS * CLOVER SMOJEMCS SSCS4 SMOJ SSCS EMCS CLOVER20045

32 Fab Fab*2000 * Fab Fab 30

33 Fab SCE 2PS2 GSPS2LSI 2000Fab12001 Fab2 FabFab2 3 Fab1200mm m1m 1mm1,0001 Fab2200mm 90nm1nm 1m1, nm Fab SSNC SCE SCK SCK SCESCK Fab , Fab2 300mm 65nm 65nm Fab Fab PS2 Fab1 5 9 LSI200 LSI 31

34 Fab SMIF Standard of Mechanical Interface PS Fab SMIF SMIF 1 PS247,000 Fab PS2GS PS2 GSDRAMLSI FabGS Fab Fab mPS2LSI AVLSI CMOS Fab290nmPS2 128CPU EEGS1 DVD PSX 5, PSPCPU Fab265nm SMIF FOUPFront Opening Unified Pod AMHS Automated Material Handling System MES Manufacturing Execution System SMIF SMIF 32

35 300mm 300mm FOUP Fab % Fab 3 20% SMIF Fab SMIF Fab Fab 99,000 Fab1 / 11,120 Fab2 / 20, mm Fab1 / 12,000 Fab2 / 9,000 * *Fab2 33

36 Alejandro M. Lopez M AV DVDCS 2 3 Alejandro M. Lopez

37 Lance Lee MD Lance Lee IGC Japan 2003 IGC Japan

38 At a Glance Electronics Audio Video Televisions DVD/ PS2 1% 5% 2003 MDCD 9% 2003 DVD 11% % ,286 4,940 4,

39 Information and Communications Semiconductors Components Other PC / / LCDCCD / / 2003 PCVAIO 0.2% 2003 CCD 24% 2003 PC PC 18% %

40 , Music Game SCE % PS2 PS2 40% PS22,010 PS22 2, SMEI SMEJ % SMEI SMEJ SMEI2 SMEJ 3311 At a Glance

41 SPE Pictures Financial Services IC Other COLUMBIA PICTURES INDUSTRIES INC % 2% 40% % 142% 2003 IC 8%

42 40

43 41

44 Home Electronics 21 SXRDSilicon X-tal Reflective Display CD 20 CD HD 42

45 CD/DVD SXRD 2003 DVD DVD DVD CELL S-LCD S-LCD 7 TFT ,870mm 2,200mm146 *2 6 * 6 S-LCD 21,000 50% +1 50% 1 TFT 6 x x x x x x x x x x mm 43

46 Hi-MD DVD DVD HD HD SDHD PC VAIO DSC-T1 DVD CCD Mobile Electronics MD Hi-MDPC C

47 VAIO2 VAIO AVPC VAIO PC AV VAIO VAIO pocket PC AV VAIO PC VAIO type U Hi-MD 3UMTSZ EDGE Z500 push-to-talk T610GSM GSM 2003 NTT SO505i/iSau by KDDIA5404S Z1010 S700 SO505iS A5404S 45

48 Game 2 SCE PS PS PS one PS PS , , , , PAL 3, PS PS one PS one 1 PS PS ,130PS2 57,200PS , PS24 SCE 46

49 SCE EyeToy: PlaySCE PS2 PS2 1.8GB SCEPSPUMD EyeToy: Play SCEPS2 EyeToy: Play20037 PS2USB 300 PS2 PS2 EyeToyUSB SCE PS2 PSP EyeToy: Play UMD EyeToy: Play PS2 SCEPS2 SCE SCE EyeToyUSB PSP PSPPS23 PSPS2 TFT 2004PSP PSP UMD 47

50 Entertainment Motion Picture & Artwork 2004 Columbia Pictures Industries, Inc. All Rights Reserved. Spider-Man Character & 2004 Marvel Characters, Inc. All Rights Reserved. 21 SMEI SPE SMEICEO SPECEO Hi-MD Net MDATRAC CD ,

51 HD SPE PSPUMD 2003SMEICEO BMG 50%BMG SMEI BMGSMEI SMEJ EU 2004 SMEI Dangerously In LoveFallen In This Skin Heavier Things Dangerously In Love R&B Crazy In Love R&B Purple Rain Innocent Eyes ARIA SMEI Heavier Things Crystal Kay CK5 49

52 R&B SMEI SMEI SMEI 15 SMEIRIAA IFPI CAN CAN SMEJ SMEJ CHEMISTRY ORANGE RANGE SOUL d OUT CD SMEJ CD SMEJ CD CD2 SMEI SMEI SMEI 15 RUNpics Front Row by Sony Music 3 CD 1100 SMEJ 4 1 CEO SPE SPE S.W.A.T. Anger ManagementSomething s Gotta Give50 First Dates

53 , SPE SPE AXN SPE 1,700 PSP SPE CG SPE CG 22 CG PC 2003 MPAA 16 1 Motion Picture & Artwork 2003 Columbia Pictures Industries, Inc. All Rights Reserved. Motion Picture 2003 Sony Pictures Imageworks Inc. All Rights Reserved. Television Series 2003, 2004 Sony Pictures Television Inc. and CBS Broadcasting Inc. All Rights Reserved S.W.A.T S.W.A.T D Motion Picture & Artwork 2004 Columbia Pictures Industries, Inc. All Rights Reserved. Spider-Man Character & 2004 Marvel Characters, Inc. All Rights Reserved. Motion Picture & Artwork 2003 Columbia Pictures Industries, Inc. All Rights Reserved. 51

54 SFH ,750 20% SFH3 SFH Financial Services

55 53 e- ICeLIO elio eLIO elio elio EdyVISA SFH 3 Sony Life Quality , % % SURE % Feel the Difference Difference MONEYKit ,666 40%268,780 1,30152%3, , My Sony Card 20045

56 Other ,600 1,400 So-net LF-X1 So-netLF-X1 DVDNetAV* LF-X1 IC FeliCa ICFelicity JRSuica JRICOCA FeliCa FeliCa Edy 9,000 elio 2004FeliCa IC NTT ICFeliCa Suica JR 900 * SuicaJR ez-link 600 Octopus Card Octopus Watch ICOCA ICOCA JR 130 *ICOCAJR ANAEdy Edy ID 1,000 * Octopus Cards Limited 54

57 DVD Net MD QRIO DVD 55

58 * * * * * * * * * CEO * 56

59 CEO 2 CSR2004 CSR 2003 CSRCSR

60 UFJ CEO CEO CEO COO COO EMCS NC IR NC IT & NC TR60 COO IS C NC COOIT & CSO CFO 58

61 CD-ROM 59

62 % % % % , ,063 1,6811,334 9,000 9,0005, ,433 1, ,140 9,000 CD CD

63 CD 85 1, ,736 74, % , ,476 1, , %74, () 80,000 60,000 40,000 20, % 2.5% 1.3% * () 12,000 10,000 8,000 6,000 4,000 2, % % 73.5% % %70.1% % 60.7% % 60.0% PS % 5, %7.5% () (%) 6,000 5,000 4,000 3,000 2,000 1, % *3311 * 6.4% %

64 %1 7, % 25.9% % %18.0%21.1% 34.4%35.0% 39.8%35.0% % % %1.3% % 1, % % % % % % ,000115, IC FeliCaIC FeliCa %60% % , %1, % % % % % SGA *3311 * SGA (%) (%)

65 GSM LCD ST-LCD () (%) 1,500 1, % 0.7% * % () * % VHS/DVD % % % %1.23.8% ,405 48, % ,550 7, ,975 5, ,028 7, ,373 5, ,063 3, (6,657) (4,214) ,736 74, (353) , % (79) (250) (100) (175) (327) ,

66 SCUSCU PC PC CD-R/RWDVDR/RW PC PC PC % 9,481 PSXDVD 4401,000 DVD DVD % 9, PC % 8,348PC PC PC %48, PS2 4.7% 11%10% 8% 7% CCD PSXDVD % 6,236 MD 4 336CD24 1, * * (%) 0.0% 0.8% 0.7% ,000 20,000 30,000 40,000 50,000 60,000 2, ,000 10,000 15,000 *3311 () ()

67 % 2,532 CCD LCD LCD %6,238 CD-R/RWDVDR/RW CD-R/RW DVDR/RW 1,2003, ,600 PC % 5, % 38, % PCLCD , , % % , , % % PC2003 CCD CD-R/RWDVDR/RW % PC 60% 10% 60% 15%60% 25% PS %2002 1% %10% 8%7% %4% 14% 1%

68 , %7, % %8.7% % % PS PS2 PS2 PS PS one ,972 PS ,252 2,010 7,130 * ,100 3,200 94,900 PS ,990 22,200 57,200 * () 12,000 10,000 8,000 6,000 4,000 2, % 11.8% * % () 3,000 2,000 1, %5, SMEI SMEI CD SMEI

69 SMEJ 69% SMEI 74%SMEJ26% BMG50% SMEI SMEJ EU () 12,000 10,000 8,000 6,000 4,000 2, % 1.3% * % 3,000 2,000 1,000 0 () 1, %7, % % 4.7% SPE % 30% 2S.W.A.T.Anger ManagementSomething s Gotta Give 2003 VHS/DVDSPE MIB XMr DVD SPE SPE () 12,000 10,000 8,000 6,000 4,000 2, % 7.3% * % () 3,000 2,000 1,

70 %5, % %9.3% % 5, % * () 12,000 10,000 8,000 6,000 4,000 2, % 4.2% * % 3,000 2,000 1,000 0 () , , , , ,974,980 6,939,964 6,964,235 6,930, , ,544 6,974,980 6,939,964 7,473,633 7,496, , ,383 6,811,292 6,896,377 7,288,193 7,397, ,758 55, ,688 43, ,440 98, (1,282) 1,958 67,846 52,746 62,181 45, ,476 57, ,534 96, , , ,071 22, ,089 30, ,102 53, (2,117) (2,117) ,405 34, ,445 63, ,519 88,511 68

71 SCN %3,304 53% SCN %9.7% SMEI SMEJ SPE SMEISPE SGTS SGTS SGTS SGTS SGTS SGTS % 8.2% 3.0% , ,000 2,000 3, ,000 4,000 6,000 8,000 10,000 12,000 *3311 () ()

72 13,482 3,7561, ,2018.6% ,3504.0%6608 5, % 34, % ,0916.6%33,634 1,8857.5%26, , % 5, , %6, %6, , %25, % 3, FASB 46 51Consolidation of Variable Interest Entities an interpretation of ARB No. 51FIN , %22, %13, %13, FIN , %3, %2, %1, , % % % % % %15, , %4, , %2,032 70

73 , % 66, , %38,559 5, % % , %29, , %23, , % 4, , FIN %7, , % 6,488 1, %3, %37, , %14, , % 3, % 7, , , , %2 4,510 2, %2 1, , % 12, , % 11, ,000 10,000 15,000 1 *331 ()

74 ARB51 Consolidation of Variable Interest Entities an Interpretation of ARB No %23, , % % () (%) 25,000 20,000 15,000 10,000 5,000 0 * % 1 () 3,000 2,500 2,000 1,500 1, * % %

75 , ,698 2,503,940 2,692,436 3,154,214 3,363, , , , , , , , ,676 4,899 4, , , ,188 72, , ,590 1,007,395 1,011, , ,433 1,117,453 1,151,879 1,192,241 1,228, , , , , ,731,415 2,274, , ,629 1,994,123 2,512, , , ,990 40,833 1,232,359 1,324,211 1,278,350 1,365, , ,998 1,251,810 1,251,901 1,656,080 1,592, , , , , , ,804 1,251,810 1,251,901 1,328,211 1,243,379 2,897,119 3,475,039 5,825,796 6,060,822 8,370,545 9,090, , ,803 2,065,854 2,373,550 2,435,048 2,982, ,753 86, , , , , ,417 7, , , , , , , , , , ,357 1,245,578 1,190,563 1,330,197 1,349, ,168,476 2,450,969 1,600,484 1,482,378 3,632,580 3,707, , , , , , , ,737 10, , , , , ,914,410 2,178,626 1,914,410 2,178, , , , , , , ,288 17,554 22,022 22, , ,267 2,143,170 2,187,340 2,280,895 2,378,002 2,897,119 3,475,039 5,825,796 6,060,822 8,370,545 9,090,662 73

76 61220% 20% ,581,723 54,645 1,828 1,634, , , ,694 16, , ,384 4, , , , ,992,681 76,760 2,237 2,067, ,946 42,768 1,749 99, ,948 42,768 1,749 99, ,051, ,528 3,986 2,167,171 &S&P BBB % % 7% % 15 54% %

77 %17% ALM 2% * ,689 12,667 13,109 10,923 5, ,118, , , , , ,379 42,649 58,725 29,498 56, ,796 20, ,073 19,470 14,759 3,708 1, ,232 39,672 55, ,285 96,285 * ,

78 BMG S-LCD EU SGTS , , , , CP FIN 46 Accounting for 21 Transfers and Servicing of Financial Assets and Extinguishments of Liabilities , % 6, , %4, %2, DVDVHS

79 % 7, , %3,525 1, %4, CCD % , % , % , ,500 1,538 1,299 1, , % 8,492 1, %5, %2,563 () 10,000 8,000 6,000 4,000 2, ,000 4,000 6,000 8, * , , , , , , (516,663) (401,550) (185,883) (352,496) (706,425) (761,792) , ,696 (251,247) 153,759 (93,134) 313, (24,971 (47,973) (24,971) (47,973) (52,692) (18,227) 81, ,380 29, , , , , , , , , , , , , ,211 77

80 TR60 SGTS SCC TR ,500 2, SGTSSCC CP MTN SGTS CP CPSCCCP CP , CP , CP MTNSGTSMTN SCC MTN2003MTN 8, MTN SCCMTN SGTS a b C 100% ,180a 6,011 b C 5,169 5,156 C 3, ,000 2,000 3,000 4,000 *3311 * () 0 1,000 2,000 3,000 4,000 5, *3311 ()

81 S&P 2 R&I / A1/P-1S&PA+ /A-1R&IAA/a Aa3A1R&I AA+AA R&I CP SGTS SGTS SGTS 4 S&PA+AMA+ R&IAA S&P/ A-/A-2 EVA EVA EVA EVA *EVA CTO /Co-CTO CTO CTO CTO CTO CTO CTO CTO CTO CTO % 5, %7.5% % 4, % % 38% 79

82 , , SCN SCNSCN , ,681 5,1451,750

83 81 PS2 PS2 2004PS LSI 2004 PSP 2003 Connect BMG BMG EU DVD ,200 CELL LSI2001IBM CELL TFT S-LCD 10 50%1 50%1 CEOCFO ,870mm2,200mm 60,000

84 , , DVD PS oneps22003 PSP DVD %4, , , , %3, % 5, ,29410% PSP 83410%

85 % 20%

86 % % ,1303, ,087 1, % % 10% % 2.4% %0.5% 0.5% PBO 0.25%/0.25% /+500 /+60 +/ %/0.25% /+10 +/ 6

87 VHS/DVD 1.00% 5.50% Financial Accounting Standards Board FASB Employers Disclosures about Pensions and Other Postretirement Benefits, an amendment of FAS No. 87, Employers Accounting for Pensions, FAS No. 88, Employers Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for Termination Benefits, and FAS No. 106, Employers Accounting for Postretirement Benefits Other Than Pensions

88 20031FASB46 ARB 51 Consolidation of Variable Interest Entities an Interpretation of ARB No. 51 VIE VIE VIE VIE VIE VIE VIE FASB VIE Emerging Issues Task Force EITFEITF The Meaning of Other-Than-Temporary Impairment and Its Application to Certain InvestmentsEITF EITF EITF FASBEITF00-21 Accounting for the Revenue Arrangements with Multiple Deliverables EITF EITF FASB Amendment of Statement 133 on Derivative Instruments and Hedging Activities Accounting for Asset Retirement Obligations FASB150 Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity SOP 03-1 Accounting and Reporting by Insurance Enterprises for Certain Nontraditional Long-Duration Contracts and for Separate accountssop

89 : 1 : ,686,661 7,314,824 7,578,258 7,473,633 7,496,391 $72, , , , ,440 98, , ,868 92, , ,067 1, , ,534 65,211 80,831 52, , ,227 9, ,519 90, ,835 16,754 15, ,519 88, $ , , , , , (15.87) (41.98) (41.80) (0.40) ,072 3,072 3,072 * , , , , ,269 $ 3, , , , , ,264 3, , , , , ,483 4, , , , , ,140 $ 3, ,182,906 2,315,453 2,370,410 2,280,895 2,378,002 22, , , , , , $ ,807,197 7,827,966 8,185,795 8,370,545 9,090,662 $87,410 : , , , , , ,072 3,072 3,072 *

90 FASB4651Consolidation of Variable Interest Entities an Interpretation of ARB No. 51 VIE VIE VIE VIE FASB FASBEmerging Issues Task ForceEITF00-21Accounting for the Revenue Arrangements with Multiple DeliverablesEITF EITF FASB150Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity FASB146Accounting for Costs Associated with Exit or Disposal Activities Accounting for Derivative Instruments and Hedging Activities 138FASB133Accounting for Certain Derivative Instruments and Certain Hedging Activities an Amendment of FASB Statement No FASB149133Amendment of Statement 133 on Derivative Instruments and Hedging Activities FASB142Goodwill and Other Intangible Assets Statement of Position, SOP00-2Accounting by Producers or Distributors of Films200041SOP , Staff Accounting Bulletin, SAB101Revenue Recognition in Financial Statement SAB SAB101SAB104Revenue Recognition 88

91 3311 : ,218 16,038 17,897 17,970 23,077 23,234 16,544 17, ,995 1,588 (1,165) (1,098) , ,019 1,578 (1,197) (936) (149) (234) (505) , (1,111) (382) , (1,111) (382) (120.47) (41.23) (120.47) (41.23) (120.47) (41.23) (120.47) (41.23) * , ,142 1,083 1,362 1,056 1,238 1,314 1,404 1** ,450 4,190 6,300 4,410 5,540 4,200 5,110 4, ,810 2,720 4,850 3,430 4,870 3,520 4,080 3,780 1ADR** $ $ $ $ $ $ $ $ * ** : FASB4651Consolidation of Variable Interest Entities an Interpretation of ARB No. 51 VIE VIE VIEVIE FASB FASBEITF00-21Accounting for the Revenue Arrangements with Multiple Deliverables EITF EITF FASB150Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity FASB149133Amendment of Statement 133 on Derivative Instruments and Hedging Activities FASB146Accounting for Costs Associated with Exit or Disposal Activities

92 : 3311 :* ,772,550 4,543,313 4,758,400 $45, , , ,995 1, ,286,181 4,940,450 4,897,395 47, , , ,732 7, ,185 18,757 26, ,003, , ,220 7, , , ,457 4, ,633 84,598 72, , , ,888 5, , , ,370 7, , , ,370 7, , , ,752 5, ,932 27,878 27, , , ,544 5, , , ,680 1, , , ,712 1, , , ,392 3, (718,114) (665,693) (421,418) (4,052) ,578,258 7,473,633 7,496,391 $72,081 * =104 90

93 : 3311 :* , , ,582 $ 5, % 15.0% 13.1% , , ,111 9, , , ,207 8, , , ,757 8, , , ,237 2, , , ,799 5, , , ,707 5, ,772,550 4,543,313 4,758,400 $45,754 * = : 3311 :* (1,158) 41,380 (35,298) $ (339) , ,653 67, ,132 (7,867) 18, ,266 58,971 35, ,822 22,758 55, (18,249) (24,983) (10,030) (96) , , ,636 1, ,148 15,897 14, (21,245) (33,369) (47,264) (455) , ,440 98, , , ,290 1, (138,184) (95,347) (77,125) (742) , , ,067 $1,385 * =104 91

94 / : 3311 :* , , ,185 $1, ,655 53,496 57, ,388 32,605 30, ,619 8,552 7, ,227 52,041 56, ,015 10,157 13, , , ,152 3, ,321 4,238 4, , , ,269 $3, , , ,696 $2, ,822 40, , ,882 20,284 12, ,501 7,138 6, ,023 3,655 4, ,861 16,993 10, , , ,746 3, ,613 1,862 1, , , ,264 $3,637 * =104 92

95 : 331 :* ,089,791 2,848,492 2,876,490 $27, , , ,226 6, , , ,276 5, , , ,517 8, ,482,536 2,897,119 3,475,039 33, , , ,291 3, ,245,784 8,242,046 8,860,839 85, (268,416) (261,407) (313,245) (3,012) , , ,068 5, ,185,795 8,370,545 9,090,662 $87,410 * =104 : 3311 :* ,248,115 2,093,880 2,220,747 $21, % 28.0% 29.6% ,461,523 2,403,946 2,121,110 20, ,609,111 1,665,976 1,765,053 16, ,259,509 1,309,831 1,389,481 13, ,578,258 7,473,633 7,496,391 $72,081 *

96 331 : :* , ,211 $ 8, ,689 4, , ,748 2, ,117,889 1,123,863 10, (110,494) (112,674) (1,083) , ,507 6, , ,532 1, , ,506 4, ,154,214 3,363,355 32, , ,740 2, ,510 86, ,882,613 2,426,697 23,334 1,994,123 2,512,950 24, : , ,785 1, , ,983 8, ,054,219 2,053,085 19, ,383 98, ,175,195 3,272,333 31, ,896,845 1,907,289 18,340 1,278,350 1,365,044 13, , ,010 2, , ,870 2, , ,194 3, , ,203 1, , ,296 4,944 1,656,080 1,592,573 15,313 8,370,545 9,090,662 $87,410 94

97 : :* ,360 91,260 $ , ,757 3, , ,773 7, , ,175 7, ,199 57, , ,851 3, , ,486 4, ,435,048 2,982,215 28, , ,649 7, , ,382 3, ,079 96, ,914,410 2,178,626 20, , ,737 2,758 3,632,580 3,707,587 35, ,022 22, ,000,0003,072, ,917 3, ,500,000,000922,385, , ,500,000,000926,418, ,350 4, , ,817 9, ,301,740 1,367,060 13, ,658 69, (4,793) (600) (6) (182,676) (89,261) (858) (302,167) (430,048) (4,135) (471,978) (449,959) (4,327) ,573, ,468, (9,341) (12,183) (117) 2,280,895 2,378,002 22, ,370,545 9,090,662 $87,410 *

98 3311 : :* ,058,755 6,916,042 6,883,478 $66, , , ,752 5, ,313 48,193 47, ,578,258 7,473,633 7,496,391 72, ,239,592 4,979,421 5,058,205 48, ,695,897 1,782,367 1,798,239 17, , , ,550 4, ,862 39,941 35, ,443,627 7,288,193 7,397,489 71, , ,440 98, ,021 14,441 18, ,512 32,375 34, ,928 18, (67) ,398 72,552 11, , ,894 36,232 34, , , ,290 1, ,436 27,314 27, ,458 23,198 16, , ,554 44,835 32, ,184 95,347 77, , , ,067 1, , ,847 87, (49,719) (98,016) (34,445) (331) 65,211 80,831 52, , ,790 91, (16,240) 6,581 2, (34,472) (44,690) 1, , ,519 90, , ,978 (2,117) (20) , ,519 88,511 $

99 : :* $ (2.29) (0.02) (2.12) (0.02) (15.87) (41.98) (41.80) (0.40) * =104 97

100 3311 : :* , ,519 88,511 $ , , ,269 3, , , ,786 2, ,995 37,858 35, ,862 39,941 35, (1,398) (72,552) (11,774) (113) (503) (4,870) (47) (49,719) (98,016) (34,445) (331) ,537 46,692 1, (5,978) 2, : , ,679 (63,010) (606) ,872 36,039 (78,656) (756) (236,072) (317,953) (299,843) (2,883) (172,626) (58,384) 93, (39,589) 14,637 (46,067) (443) , , ,216 2, (71,522) (66,091) (71,219) (685) (55,661) ,543 29,095 (34,991) (336) (19,418) 26,205 44, (46,492) 48,148 39, , , ,635 $6,083 98

101 : :* (388,514) (275,285) (427,344) $ (4,109) ,434 25,711 33, (689,944) (1,012,508) (1,167,945) (11,231) (106,396) (123,839) (33,329) (320) , , ,188 7, , ,977 35, ,222 1,124 (1,456) (14) , , (767,117) (706,425) (761,792) (7,325) ,999 12, ,864 2, (171,739) (238,144) (32,042) (308) (78,104) (7,970) (57,708) (555) , , ,874 1, , (22,951) (22,871) (23,106) (222) ,834 21,505 28, ,040 (93,134) 313,283 3, ,036 (24,971) (47,973) (461) ,555 29, ,153 1, , , ,058 6, , , ,211 $ 8, , , ,781 $ 1, ,371 22,216 22, ,572 9,034 18,298 $ ,545 * =104 99

102 3311 : , ,401 1,217,110 (328,567) (7,493) 2,315, ,917 5,612 9, ,310 15, : (20,243) (20,243) (1,276) (1,276) : ,089 1, ,437 2, (4,237) (4,237) (22,228) (22,228) ,432 97, , (166) (166) (22,992) (22,992) (468) (468) , , ,223 1,209,262 (275,593) (7,588) 2,370, ,791 15, , , : (9,627) (9,627) ,288 4,288 : (4,477) (4,477) (110,636) (110,636) : (83,993) (83,993) ,665 7, (80,866) (19) (19) (23,022) (23,022) (1,817) (1,817) , , ,196 1,301,740 (471,978) (9,341) 2,280,

103 : , , ,196 1,301,740 (471,978) (9,341) 2,280, ,989 3,988 7, ,409 5, ,511 88, : ,971 57, (5,679) (5,679) : ,537 7, (3,344) (3,344) ,415 93,415 : (129,113) (129,113) ,232 1, , (53) (53) (23,138) (23,138) (8,523) (8,523) (776) 5,681 4, , , ,817 1,367,060 (449,959) (12,183) 2,378,

104 :* $38 $4,542 $9,463 $12,517 $(4,538) $ (90) $21, : (55) (55) : (32) (32) : (1,242) (1,242) , (1) (1) (222) (222) (82) (82) (7) $38 $4,580 $9,546 $13,145 $(4,327) $(117) $22,865 * =

105 ,673,842 1, ,477,756 1, ,289,954 1, ,533, ,934, ,651, ,033, , ,939, , ,428, ,335 47,924,895 5,755 51,973,659 6,017 44,113,525 5,726 4,650, ,131, ,006, ,816, , ,457, , ,490, , % 28.2% 27.4% 5.2% 0.5% % 27.0% 30.5% 5.6% 1.1% % 20.7% 34.0% 4.8% 1.1% 25,000 20,000 15,000 10, , ,072, ,500 8,900 6,700 4,200 4,360 16,950 15,100 10,340 7,530 4,670 5,360 7,510 3,960 4,070 2, % 38.6% 24.7% 37.3% +3.8% 453, , , , , , , , , ,

106 % ,004 5, , , , , ,978 4, , , , % % ,000 3, , % ,000 5, , % ,331 13, , % ,056 8, , % ,307 5, , % ,297 6, , % 12,500 20% % ,000 6, , % ,000 7, ,000 0% ,000 12, ,490 0% ,300 6, ,920 0% , % % % ,000 15, ,000 15, ,000 4, , , ,000 50, , , ,000 50, %0% 104

107 TEL: FAX: IR IR TEL: FAX: Sony Corporation of America Investor Relations 550 Madison Avenue, 27th Floor, New York, NY TEL: U.S. and Canada International FAX: Sony Global Treasury Services Plc. Investor Relations St. Helens, 1 Undershaft, London EC3A 8EE TEL: FAX: ADR JPMorgan Chase Bank 270 Park Avenue, New York, NY , U.S.A. JPMorgan Service Center JPMorgan Chase Bank P.O. Box Providence, RI TEL: U.S International CIBC Mellon Trust Company 2001 University Street, 16th Floor, Montreal, Quebec, H3A 2A6, Canada TEL: UFJ TEL: , CSR CSR CSR : : CSR TEL: FAX: CD-ROM QRIO STORYQRIO 2004 Hybrid CD-ROM for Windows & Macintosh 2004 Sony Corporation 100% VOC 105

3 31 1 * 1 % 1 2002 2003 2003/2002 2003 7,578,258 7,473,633 1.4% $62,280 134,631 185,440 +37.7 1,545 92,775 247,621 +166.9 2,064 9,332 115,519 +1,137.

3 31 1 * 1 % 1 2002 2003 2003/2002 2003 7,578,258 7,473,633 1.4% $62,280 134,631 185,440 +37.7 1,545 92,775 247,621 +166.9 2,064 9,332 115,519 +1,137. Annual Report 2003 2003 3 3 31 1 * 1 % 1 2002 2003 2003/2002 2003 7,578,258 7,473,633 1.4% $62,280 134,631 185,440 +37.7 1,545 92,775 247,621 +166.9 2,064 9,332 115,519 +1,137.9 963 15,310 115,519 +654.5

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