Sony has closed a significant portion of its offices in Europe and the US, with many employees now working from home, while also shutting down its Welsh manufacturing plant.
The outfit has said that its supply chain has been severely affected by the coronavirus pandemic, including its music business and electronics products arm. Other areas, such as gaming and financial services, however, have not felt the effects of the economic disruption as heavily.
Sony shut down its Welsh plant between 26 March and 20 April, while its previously closed Chinese plants have incrementally restarted operations, and are now reaching pre-virus levels of output, although supply chain issues remain.
The business has also been impacted by the restriction on the movement of people across borders. This has made it difficult, for example, for Sony to send engineers to hubs in China and nearby countries to help with product launches or give manufacturing instructions.
“The Sony Group is primarily focused on ensuring the safety of its employees and their families, as well as its customers and other stakeholders, in addition to preventing the further spread of the virus. Sony is also striving to answer the needs of society and its customers to the best of its ability, and to minimize the impact of the virus on its business. To accomplish these objectives, Sony is working to gather information and swiftly carry out the necessary actions”, a SpokesSony said.
The company is also continuing to evaluate the effect of COVID-19 on its financial forecasts, and it expects the results for the fiscal year ending 31 March 2020 to be in line with estimates announced in early February.
