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Sony to change its name for the first time in over 60 years

bitbydeath

Member
According to Sony China, at the annual shareholders meeting last Friday, shareholders approved the proposal to change the company name to “Sony Group”. The change of name will take effect in April 2021.

Sony’s CEO, Yoshida Kenichiro said: “We decided to rename the company to the SonyGroup because we want to make full use of the diversity of our business portfolio to promote the development and evolution of the business.”

The Japanese company did not actually start off as “Sony”
Well, the original name of Sony is “Tokyo Telecommunications Industry Co., Ltd.”. However, this name was changed in 1958 to “Sony”. At the time, the name “Sony” represents co-founder Shoda Morita’s ambition to create a global brand. Yoshida believes that the upcoming changes will lead the company to the next new stage.

 

ZywyPL

Banned
I don't like it. I actually wish they brought back their not-so-old slogan:


B96BE8C2FE253F1E72A911BD11381005979DE3C0



So simple yet so powerful.
 
"Group" is a common English translation of the Japanese Zaibatsu. After losing WW2 they got their name changed to Keiretsu, but still pretty much the same thing. A gigantic corporation that was intentionally fostered by the government.

In the West, giant corporations lobby for tax breaks. In the East, governments give tax breaks to initially small companies, to make them into giant corporations deliberately.

Samsung is South Korea's very successful imitation of the Japanese model.

People joke, but I guess I am the only one here who thinks of "Group" in a sinister air. Because talking about "Group" leads to images of Dystopian Megacorps. Japan's economy is not what it used to be of course, but the feeling is there all the same.
 
This is likely because Sony is one letter off from "Soy" which the Soyboys in Cali DON'T WANT TO BE ASSOCIATED WITH!

(or at least it would be funny to imagine)
 

JimiNutz

Banned
So their products will say Sony Group?
Like on my TV where is currently says Sony it's gonna say Sony Group?

If not, who gives a fuck lol

Sony, you should change your name to PS if you wanna streamline it.
 

SleepDoctor

Banned
Whats the point of this? "We want to make full use of the diversity of our business portfolio to promote the development and evolution of the business"

Words like "diversity" and "evolution" are dangerous these days lol. If it ain't broke, don't break it.
 

Rayderism

Member
I imagine this is just how they will refer to themselves in the small print. You know, like, "The Sony Playstation 5 made by the Sony Group Corporation", or something to that effect.
 

sobaka770

Banned
It's like Google switching to Alphabet - umbrella corp for all their initiatives and maybe more independance within.
For users it changes nothing, most products will still be labelled Sony.
 
I think a lot of this has to do with basically giving a middle finger to Daniel Loeb. Nothing says fuck you to a person that wanted to break up the company more than changing the name to Sony Group. It's just a stupid name change, but it does confirm that Sony plans on keeping all of its businesses together.
 

Kdad

Member
I think a lot of this has to do with basically giving a middle finger to Daniel Loeb. Nothing says fuck you to a person that wanted to break up the company more than changing the name to Sony Group. It's just a stupid name change, but it does confirm that Sony plans on keeping all of its businesses together.
Ha...did you see when they were being pressured to sell off their financial arm they doubled down and bought up all the outstanding shares to bring it 100% owned.
 

01011001

Banned
Sony will officially rename itself to "Only Still Alive Because Of The PlayStation 4"
or OSABOT-PS4 for short
 
........Why?

Why not just stick with Sony? It's well-known, everyone knows it, it rolls off the tongue and isn't a word salad like 'SonyGroup'.

Personally think it's a dumb move. At least go with something a bit more creative :/
 

Eliciel

Member
With this change they are allowed to re-create the full composition of PS5.
They can now return with Sony GROUP PS5 and have 13TF!!!!!
 
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