アニュアルレポート 2000

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3 : : / ,804,182 6,686, % $63, , , , , , , , , ,149 1: % $ ,823,665 2,182, % $20, ,299,053 6,807, , , ,700 : ,

4 TO OUR shareholders 2

5 3

6 4

7 5

8 6 *

9 7

10 8

11 9

12 message from the chief executive officer 10

13 11

14 BY LINKING PEOPLE TO APPEALING CONTENT AND SERVICES, SONY S HARDWARE IN THE BROADBAND ERA CONNECTS PEOPLE TO A NEW WORLD OF ENJOYMENT. 12

15 broadband networks 13

16 14

17 15

18 BUSINESS overview * 3,283 3,931 4,380 4,356 4, *

19 * * * * * 17

20 electronics C 18

21 19

22 20

23 21

24 22

25 23

26 game 24

27 25

28 music 26

29 27

30 pictures 28

31 29

32 insurance 30

33 31

34 electronics 32

35 ame 33

36 music ~ ~ 34

37 pictures other 35

38 environmental ACTIVITIES AT SONY 36

39 37

40 38 E C

41 39

42 , *

43 * ,500 * 2,000 1,500 1, * * 41

44 42 (600) (400) (200) *

45 * * *

46 44

47 45 * 0 2,000 4,000 6,000 8, , % 6.5% 7.8% 5.1% 3.6% * * * *

48 , , % +13% (631.1) , , % +9% % +132% (12.9) (30.3) % +39% * * * % 5.8% 6.8% % % * 46

49 47

50 48

51 % 16.2% 17.4% % (4.4%) * % 6.7% 7.5% 4.8% 4.0% * 49

52 % 6.6% 5.7% 7.9% 7.8% * % 8.4% 7.0% 5.3% 5.5% *

53 , , , , ,112 87,539 55,745 19, ,000 12,331 2,326,837 2,384, , , , , , , , , ,310 13,908 2,027,909 2,345,094 1,129,005 1,383,717 5,306,572 5,586, ,937 1,124, ,226 98,356 3,482,907 3,403, ,163 1,223,229 3,482,907 3,403, , ,488 1,823,665 2,182,906 1,129,005 1,383,717 5,306,572 5,586, (20) * 51

54 52

55 * * * 53

56 54

57 55

58 56

59 57

60 58

61 , , , , , , , , (39.3) (36.0) (53.3) (34.4) (36.5) (17.4) (19.4) (36.7) 1 * (23.6) (40.8) (23.6) (40.8) ** *: ,020 6,730 6,745 8,630 4,710 15,150 5,965 16, ,215 5,360 4,380 6,605 3,615 7,565 3,645 11,715 1ADR*: $ /32 $ 55 1 /4 $48 1 /2 $ 80 1 /4 $ 38 7 /16 $ /16 $ 50 3 /8 $ / / / / / / / / /4 * ** : 1. 1 EPS EPS

62 ,586,740 5,658,253 6,761,004 6,804,182 6,686,661 $63, , , , , ,627 2, , , , , ,310 2, , , , ,973 94, , , , , ,835 1,149 1*: $ ** , , , , ,505 $ 2, , , , , ,887 4, , , , , ,479 3, , ,500 1,151,152 1,126, ,298 $ 9, ,169,147 1,459,332 1,815,555 1,823,665 2,182,906 20,593 1 * , , , , , $ ,045,699 5,680,246 6,403,043 6,299,053 6,807,197 $64,219 * , , , , ,639 * ** : EPS EPS

63 ** * ,282,549 3,930,614 4,380,084 4,356,254 4,395,906 $41, % 69.5% 64.8% 64.0% 65.7% , , , , ,662 5, , , , , ,047 6, , , , , ,093 4, , , , , ,317 3, ,206 88,621 87,721 85, ,636 1, ,586,740 5,658,253 6,761,004 6,804,182 6,686,661 $63,082 * : ,400 1,029,961 1,127,788 1,072, ,865 $ 8, % 26.2% 25.7% 24.6% 21.3% , , , , ,705 9, , , , , ,188 6, , , , ,140 1,052,707 9, , , , , ,441 6, ,282,549 3,930,614 4,380,084 4,356,254 4,395,906 $41,471 : ,380,518 1,589,521 1,848,023 1,917,028 2,121,249 $20, % 28.1% 27.3% 28.2% 31.7% ,254,132 1,635,044 2,101,222 2,158,006 2,027,129 19, ,055,524 1,305,195 1,568,830 1,667,010 1,470,447 13, ,566 1,128,493 1,242,929 1,062,138 1,067,836 10, ,586,740 5,658,253 6,761,004 6,804,182 6,686,661 $63,082 : **

64 S ONY CORPORATION 2000 ANNUAL REPORT : , ,064 $ 5, ,304 6, , ,499 1, ,135,598 1,156,065 10, (122,015) (100,596) (949) , ,174 8, , ,258 1, , ,038 3, ,069,393 3,134,640 29, , ,387 2,136 : , ,670 1,082 ( 10) , ,924 9, ,736 1,075,594 10, : , ,736 1, , ,372 7, ,952,276 1,955,015 18, ,736 92, ,002,322 3,007,910 28, ,752,571 1,752,340 16,532 1,249,751 1,255,570 11,845 : , ,496 2, , ,777 2, , ,981 2, , ,752 3, ,636 1,115,006 10,519 6,299,053 6,807,197 $64,219 62

65 S ONY CORPORATION 2000 ANNUAL REPORT : ,877 56,426 $ , ,509 1, , ,031 7, , ,458 6, ,031 87, , ,398 3, ,942,545 2,160,342 20,381 : ,037, ,828 7, , ,604 1, , ,020 1, ,937 1,124,873 10, , ,059 1,670 2,396,716 2,429,384 22, ,127 34, : 150 1,350,000, ,439, , ,639, ,550 4, , ,716 8, ,123,591 1,223,761 11, ,483 61, (8,999) (3,678) (35) (284,380) (483,553) (4,562) (269,896) (425,316) (4,013) , , (5,639) (7,805) (74) 1,823,665 2,182,906 20, ,299,053 6,807,197 $64,219 63

66 S ONY CORPORATION 2000 ANNUAL REPORT : ,424,805 6,415,418 6,238,401 $58, , , ,317 3, ,138 49,396 67, ,761,004 6,804,182 6,686,661 63,082 : ,618,961 4,633,787 4,595,086 43, ,345,584 1,500,863 1,491,560 14, , , ,388 3,391 6,235,280 6,455,970 6,446,034 60, , , ,627 2,270 : ,976 23,313 17, ,094 2,895 27, , ,645 28, ,154 60,354 75, , , ,848 1,404 : ,524 48,275 42, ,900 75,151 83, , , ,165 1, , , ,310 2, : , , ,803 1, ,755 18,587 (26,159) (247) 214, ,973 94, , , ,666 1, ,813 12,151 10, ,514 9,563 37, , , ,835 $ 1, : $

67 S ONY CORPORATION 2000 ANNUAL REPORT : , , ,835 $ 1, , , ,505 2, ,367 25,817 22, ,678 15,079 18, (58,698) ,755 18,587 (26,159) (247) ,588 14,580 38, (113,050) 38,942 (132,566) (1,251) (96,138) 70,693 (35,498) (335) (7,194) (27,103) (34,330) (324) ,785 (24,063) 110,207 1, (28,775) (30,125) (15,433) (145) , , ,936 1, (39,553) (57,417) (62,821) (593) ,203 55,286 87, (31,756) (64,455) (30,949) (292) , , ,463 5,467 : (378,053) (368,355) (403,013) (3,802) ,413 28,783 29, (398,779) (651,226) (178,866) (1,687) (64,460) (89,827) (105,031) (991) , ,738 97, ,257 31,359 86, , (95,163) (121,483) (70,053) (661) , ,868 78, (54,831) 79,876 15, (598,700) (367,260) (449,893) (4,245) : ,101 54,208 30, (332,154) (69,889) (99,454) (938) (2,345) (71,601) 19, (21,582) (24,501) (20,589) (194) (3,790) (445) 1, (17,770) (112,228) (68,075) (642) (1,112) (14,855) (27,641) (261) (5,232) 168,924 33, , , ,210 5, , , ,064 $ 5,906 : , , ,891 $ 1, ,102 49,096 43, ,488 $ 2, (46,794) (442) ,242 1, ,936 $ 3,282 65

68 , , ,301 (113,943) (96) 1,459, , ,298 73, , , , (22,105) (22,105) (5,714) (5,714) ,496 40, , (24,286) (24,286) (7,948) (7,948) ,164 5, , , ,083 (101,266) (2,880) 1,815, ,096 10,094 20, , , ,009 9, (30,699) (30,699) (3,285) (3,285) (143,655) (143,655) , (20,496) (20,496) (4,084) (4,084) ,325 1, , ,236 1,123,591 (269,896) (5,639) 1,823,665 66

69 , ,236 1,123,591 (269,896) (5,639) 1,823, ,025 1,025 2, ,503 32,494 64, , , , , , ,819 52, (14,387) (14,387) ,321 5, (199,173) (199,173) (33,585) (21,665) (21,665) (8,697) (8,697) ,531 7, , ,716 1,223,761 (425,316) (7,805) 2,182, $3,928 $5,276 $10,600 $(2,547) $(53) $17, ,267 3, ,149 1, (135) (135) (1,879) (1,879) (317) (204) (204) (82) (82) $4,260 $8,875 $11,545 $(4,013) $(74) $20,593 67

70 68 S ONY CORPORATION ANNUAL REPORT % 50%

71

72 12 53 Financial Reporting by Producers and Distributors of Motion Picture Films Accounting for Stock Issued to Employees

73 17 1 1EPS EPS EPS Accounting for Derivative Instruments and Hedging Activities Deferral of the Effective Date of FASB Statement No = SMEJ SCC SPT 3 SMEJ SCC SPT71.0% 69.6% 69.2%SMEJ SCC SPT SMEJ SMEJ SMEJ SCC SPT ,1565,6061, , SMEJ SCC SPT276,1692,605 59, ,

74 ,415,418 6,238,401 $58, , ,183 1, $

75 5. 1EPS EPS EPS EPS EPS , , , ,779 EPS , , EPS , , , ,095 EPS , , EPS EPS , , $ , ,174 EPS , , $ , ,7501, ,0075, % 73

76 , ,675 $4, , ,749 1, , ,866 1, , ,333 1, ,227 11, , ,174 $8, , ,920 $1, ,660 88, , ,387 $2, % 50% 50% BE-ST 50% 50% , ,419 $2, , ,895 2, , ,338 1, , ,652 $6, , ,838 $2, , ,938 2, , ,876 1, , ,652 $6, , , ,186 $4, , , ,828 1, (8,728) (36,862) (89,207) (842) BE-ST 7, ,15449

77 ,684 24, ,719 8, ,744 14,453 $ , ,419 25,885 32,045 $ ,199 1,932 5, ,0745, ,005 36,632 12, , ,563 40,646 7, , ,712 13,774 3,156 68,330 55,321 66,905 2, , ,717 50,406 15, , , ,551 9, , $6,977 $ 384 $69 $7, , $7,499 $1,015 $93 $8, ,815621, ,4192,183 18,0289,475 21, ,7933,554 4,

78 , , ,854 1, ,203 38, % % ,877 54,566 $ % , ,877 56,426 $532 76

79 % 6.25% , % 6.39% ,193 $ % 10.13% , % 6.25% , % 8.04% , % 7.55% ,625 1,166 2, % , % ,762 34, , % , % ,627 9, , % , ,120 2, % , % ,000 2, % ,500 3, % ,671 3, % , % , % ,000 80, % , ,186 1, % ,000 5, % ,356 20, % ,000 15, % ,000 15, % ,000 15, % ,000 15, % ,000 3, % 11.67% , % 11.67% , ,647 17, ,125, ,337 9, , ,509 1,496 1,037, ,828 $7,678 77

80 ,511 $ ,894 $ , ,264 $ , ,167 $ , % , % 1.515% 43,425 LIBOR % , ,509 $1, ,001 1, ,288 2, , ,938 2, ,0703, ,064,910 10, , , ,900 6, ,6251,166 78

81 ,626 49, ,83820,669 22, % 5.5% ,814 1,070,30310, , ,6447, , ,949 4,679 3

82 , ,656 5, , ,801 2, , ,437 3, , , , , , ,064 $5,906 $ 5, ,304 24,304 6,138 6, (40,877) (40,877) (56,426) (56,426) (532) (532) (1,125,285) (1,351,358) (972,337) (1,893,521) (9,174) (17,863) (516) (4,423) 986 2, ,252 3,252 7,422 7, (4,226) (4,226) (2,892) (2,892) (27) (27) (549) (1,025) (253) (457) (2) (4) (21,470) (32,362) (305).... (436) (436) (179) (179) (2) (2) 80

83 14. 60% ,318 41,743 46,306 $ ,303 14,020 14, (7,978) (9,618) (11,236) (106) (375) (375) (375) (4) ,369 8,032 5, ,178 1,234 1, ,815 55,036 56,661 $ ,625 15,842 17,836 $ ,911 5,333 6, (3,900) (4,475) (4,989) (47) (122) (122) (108) (1) (46) (1) (70) (274) (142) (1) ,752 16,646 18,646 $176 81

84 , ,861 $ 5,310 85,159 92,970 $ ,743 46, ,842 17, ,020 14, ,333 6, ,273 4, (7,665) (72) (1,079) , ,021 1,151 8,060 11, (9,322) (13,861) (131) (19,176) (13,424) (127) (11,199) (11,594) (109) , ,803 6,885 92, , , ,321 3,484 54,597 60, , ,355 1,032 7,005 18, (6,223) (8,332) (79) ,738 30, ,274 12, ,273 4, (6,501) (6,260) (59) (3,532) (4,994) (47) , ,943 4,792 60,297 78, , ,860 2,093 32,673 25, (102,739) (121,184) (1,143) (8,983) (811) (7) ,354 1, (12,805) (3,805) (36) 2,847 2, ,350 98,850 $ ,800 26,659 $ , ,022 $ 1,001 26,800 26,659 $ (10,451) (820) (8) (15,542) (6,352) (60) ,350 98,850 $ ,800 26,659 $

85 : % 2.7% 2.7% % 4.0% 4.0% % 3.0% 3.0% : % % % % % % % % % 87 Employers Accounting for Pensions , ,6242, ,1471, , , ,

86 , ,944 70,892 $ , , ,418 1, , , ,310 $2, ,890 85,970 59,239 $ ,223 72,416 61, , , ,803 $1, ,221 16,433 (17,977) $ (170) (2,466) 2,154 (8,182) (77) 4,755 18,587 (26,159) $ (247) %48% %42% , % 48.0% 42.0% (2.4) (1.3) (1.3) (2.7) (2.8) (5.6) (0.8) (3.5) (0.2) 1.1 (2.1) % 46.9% 35.8% 84

87 ,120 63,761 $ ,123 63, ,085 61, ,469 45, ,393 40, ,565 19, ,309 95, , ,540 3, (122,656) (112,191) (1,058) , ,349 2, (72,352) (86,873) (820) (55,106) (60,518) (571) (45,872) (433) (11,243) (35,437) (334) (24,712) (23,097) (218) (71,123) (55,778) (526) (234,536) (307,575) (2,902) ,872 (30,226) $ (285) , ,252 10, , , ,258 $ 1, ,483 42, (5,377) (6,316) (59) (120,822) (184,020) (1,736) ,872 (30,226) $ (285) ,061 3, , ,

88 ,2001,709 37, ,185, , ,745, ,195, , ,217, ,439, , ,028, ,979, ,639, ,502, ,639, ,908, , , ,4035, ,159 7,

89 a ,0003,774 b (56,704) 34,599 (22,105) (10,925) 5,211 (5,714) ,985 4,511 40, (31,644) 44,321 12, ,484 1,525 9, (58,698) 27,999 (30,699) (4,617) 1,332 (3,285) (151,971) 8,316 (143,655) (207,802) 39,172 (168,630) ,822 (27,003) 52, (17,196) 2,809 (14,387) ,190 (3,869) 5, (202,596) 3,423 (199,173) (130,780) (24,640) (155,420) $ 753 $(255) $ (162) 27 (135) (37) (1,911) 32 (1,879) $(1,233) $(233) $(1,466) Stock Appreciation RightsSARs SAR 87

90 ,471 3, ,078 5,306 1,357,568 5,846 $ ,250 5, ,000 6, ,000 7, (528,643) 3,254 (53,510) 3,025 (383,995) 5, ,078 5,306 1,357,568 5,846 1,531,573 6,456 $ ,828 3, ,568 5, ,966 5,877 $ ,511-5, ,450 3,511 $ ,450 3,511 $ ,001-7, ,503,123 6, ,516 6, ,511-7, ,531,573 6,456 $ ,966 5,877 $ Accounting for Stock-Based Compensation 25 Accounting for Stock Issued to Employees EPS : , , ,835 $1, , , ,191 1,143 EPS: $ EPS:

91 , , % 0.80% 0.60% % 24.42% 33.12% % 0.46% 0.40% 2 SAR SAR SARs SARs 3 6 SAR SAR SAR ,400 6,106 2,190,750 5,426 $ ,400 6,106 1,725,850 5,234 2,306,610 5, (439,736) 5, (19,500) 5,275 (11,134) 5, ,400 6,106 2,190,750 5,426 4,046,490 5,443 $ ,496 5,711 $ ,194-5, ,330 4,432 $ ,964 4,601 $ ,001-7, ,086,360 5, ,532 5, ,501-13, ,800 12, ,194-13, ,046,490 5,443 $ ,496 5,711 $ SARs SAR ,

92 ,044375, ,4793, , , ,3032, ,277 1,799 $ ,616 15, ,581 28, (11,730) (19,981) (189) 18,744 25,590 $ ,222 $ , , , , , , , , , ,388 $249 7, ,56498,925 91, ,351 $ , , , , ,647 1, ,004 $2,406

93 , , , Disclosures about Segments of an Enterprise and Related Information 91

94 : ,380,084 4,356,254 4,395,906 $41, , , ,719 3, ,692,848 4,669,702 4,719,625 44, , , ,662 5, ,977 23,751 24, , , ,736 6, , , ,047 6, ,307 41,394 41, , , ,884 6, , , ,093 4, , , ,097 4, , , ,317 3, , , ,319 3, ,721 85, ,636 1, , , ,485 2, , , ,121 3, (534,346) (584,790) (631,121) (5,954) ,761,004 6,804,182 6,686,661 $63,082 92

95 : , , ,629 $ 1, , ,500 77, ,058 36,566 28, ,013 42,954 38, ,326 18,048 20, (6,959) (4,538) (12,945) (122) , , ,938 2, ,749 10,313 10, (21,675) (22,737) (40,698) (384) , , ,627 2, , , ,848 1, (150,424) (123,426) (125,165) (1,181) , , ,310 $ 2, ,253,990 3,058,355 3,074,917 $29, , , ,085 4, , , ,678 7, , , ,762 7, ,016 1,129,005 1,383,717 13, , , ,354 4, ,411,245 6,356,552 6,927,513 65, (221,112) (215,732) (273,514) (2,580) , , ,198 1, ,403,043 6,299,053 6,807,197 $64,219 93

96 : , , ,275 $2, ,536 3,895 13, ,933 34,523 32, ,668 11,329 10, ,410 21,085 23, ,539 15,402 10, , , ,460 2, ,130 2,331 3, , , ,505 $2, , , ,322 $2, ,114 3, ,960 1, ,361 45,222 24, ,477 10,747 11, , ,102 36,574 48, , , ,653 4, ,071 4,047 2, , , ,887 $4, ,127,788 1,072, ,865 $ 8, , , ,705 9, , , ,188 6, , ,140 1,052,707 9, , , ,441 6, ,380,084 4,356,254 4,395,906 $41,471 94

97 ,848,023 1,917,028 2,121,249 $20, ,101,222 2,158,006 2,027,129 19, ,568,830 1,667,010 1,470,447 13, ,242,929 1,062,138 1,067,836 10, ,761,004 6,804,182 6,686,661 $63, , ,345 1,321,357 $12, , , ,294 5, , , ,019 1, , , ,785 1, ,092,366 1,931,180 2,229,455 $21,

98 ,366,871 2,345,717 2,560,839 $ 24, ,697,655 1,822,282 1,837,048 17, ,064,526 4,167,999 4,397,887 41, ,155,110 2,232,816 2,082,505 19, , , ,889 1, ,308,713 2,373,055 2,253,394 21, ,340,334 1,480,076 1,302,917 12, ,506 65,466 48, ,402,840 1,545,542 1,351,668 12, , , ,400 6, , , ,321 6, ,613,845 1,469,813 1,458,721 13, (2,628,920) (2,752,227) (2,775,009) (26,179) ,761,004 6,804,182 6,686,661 $ 63, , ,416 99,943 $ ,757 78,909 97, ,166 81,080 51, ,828 47,771 73, (47,622) (74,964) (83,189) (785) , , ,627 $ 2,270 96

99

100 S ONY CORPORATION 2000 ANNUAL REPORT TEL: FAX: IR TEL: FAX: Sony Corporation of America Investor Relations 550 Madison Avenue, 9th Floor, New York, NY TEL: FAX: Sony Europe Finance Plc Investor Relations St. Helens, 1 Undershaft, London EC3A 8NP TEL: FAX: ADR Morgan Guaranty Trust Company of New York Shareholder Relations P.O. Box , Boston, MA , U.S.A. TEL: CIBC Mellon Trust Company 2001 University Street, 16th Floor, Montreal, Quebec, H3A 2A6, Canada TEL: TEL: , TEL: FAX:

101 E E 99

102 Printed in Japan

アニュアルレポート 2001

アニュアルレポート 2001 2001 2001 3 2000 2001 2001/2000 2001 6,686,661 7,314,824 +9.4% $58,518 223,204 225,346 +1.0 1,803 264,310 265,868 +0.6 2,127 121,835 121,227-0.5 970 121,835 16,754-86.2 134 1............................

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