Sony Malaysia

This is worth documenting and will monitor how far the company honours its official statement.....amidst the worsening recession that is going on globally now. And not forgetting workers losing their jobs everywhere.

From the Star................

Monday March 2, 2009

Sony cuts cost in Japan, Malaysian staff keep their jobs
By PAUL GABRIEL

KUALA LUMPUR: At least 15,000 locals have had their jobs “certified safe” – thanks to a turn of events in Japan.

Sony Corp in Tokyo, hard hit by the global crunch, has decided to downsize and move part of its operations here to save costs.

Japanese Ambassador to Malaysia Masahiko Horie said that with this development, up to 15,000 Sony em- ployees in the company’s four plants in Malaysia could keep their jobs.

The envoy said Sony EMCS (M) Sdn Bhd managing director Satoshi Okawa relayed the good news to him at a recent briefing.

“Besides cutting costs, Sony Japan’s shift here is also in recognition of the excellent infrastructure and facilities available in Malaysia.
“Sony Malaysia is one of Sony Corp’s top branches in the world in terms of human resource development, on-the-job training and also product variety and quality,” Horie told The Star.

The Sony plants here make 1,500 products, including the cutting-edge Bravia LCD TVs and laptop computers, with an annual output of 35 million units.
Malaysia’s affiliation with Sony, a leading manufacturer of electronic goods, started way back in 1973.

Sony Corp has branches all over the world, including in Europe, the Middle East, North America, Latin America and Africa.

Horie said Japan was pleased with the progress and advancement achieved by Sony in Malaysia.
“Malaysian personnel trained at Sony’s plants here have been posted around the world to take up managerial and other key posts, and have been playing a very important role.

“Their skill level is very high and this is another reason why Sony Japan picked Malaysia to move part of its operations.”

He said Sony Japan had favoured Malaysia over China because of rising wages and costs there.

Horie said he had also been briefed by other Japanese firms operating here such as Renesas, Taiyo Yuden, Fuji Electric, Rohm-wako Electronics and Konica Minolta, and was told that Malaysia remained one of the best countries to invest in

PNB schemes

Self notation on investments made:

ASD (launched in April 2001) dividend rate records:
financial year ending 30 June:

2002 8.00%
2003 6.80%
2004 7.00%
2005 7.20%
2006 6.80%
2007 7.00%
2008 7.00%

ASB (launced in January 1990) historical dividend rates and bonus rates for previous years:
financial year ending: 31st December

Year Dividend(%) Bonus(%)
1990 8.0 6.0
1991 8.5 4.0
1992 7.5 5.0
1993 9.0 4.5
1994 9.5 4.5
1995 10.0 3.0
1996 10.25 3.0
1997 10.25 1.25
1998 8.0 2.5
1999 10.50 1.5
2000 9.75 2.0
2001 7.0 3.0
2002 7.0 2.0
2003 7.25 2.0
2004 7.25 2.0
2005 7.25 2.0
2006 7.20 1.5
2007 7.30 1.25
2008 7.00 1.75


ASW 2020 (launched in 1996) dividend rate records:
financial year ending 31st August. Investment every 1st day of the month

1997 10.10%
1998 9.80%
1999 10.2%
2000 8.8%
2001 7.25%
2002 7.25%
2003 6.60%
2004 7.00%
2005 7.10%
2006 6.80%
2007 8.0%
2008 7.0%