History Of Sony
Origin
In the aftermath of World War II, Tokyo stood as a war-damaged capital in desperate need of reconstruction. Amidst the ruins, Masaru Ibuka returned to Tokyo, setting up a workshop on the third floor of the Shirokiya Department Store. This humble beginning marked the birth of what would become Sony Corporation. The small, bleak office gradually improved as equipment was transported from the Suzaka factory, and personnel joined from other locations.
In the post-war chaos, Masaru Ibuka and his team faced the challenge of rebuilding Japan. The demand for news around the world surged, driving the repair of war-damaged radios. Ibuka’s factory not only repaired radios but also created shortwave adapters, catching the attention of Asahi Shimbun. This column not only increased demand but also reunited Ibuka with Akio Morita, who had read about Ibuka in the article.
Their friendship, forged during wartime research committee meetings, would become the foundation of Sony. The shortwave adapters not only satisfied consumer needs but also brought additional rewards like rice during a time of food shortages.
Ibuka’s inventive spirit led to the development of an electric rice cooker. Despite being a primitive product, it showcased Sony’s commitment to producing items for everyday life. The rice needed for this project was procured from the black market by Shozaburo Tachikawa, a distant relative of Ibuka’s, emphasizing the collaborative and resourceful nature of Sony’s early days.
Founding
On May 7, 1946, Tokyo Tsushin Kogyo was officially founded, with Tamon Maeda appointed as the president. Ibuka’s founding prospectus emphasized the importance of avoiding problems faced by large corporations and creating technologies that could contribute to Japan’s reconstruction.
The early days were challenging, with employees working late into the night, often finding themselves locked inside the Shirokiya department store. The lack of materials, including vacuum tubes, posed difficulties, but Totsuko’s engineers, driven by creativity, built their equipment from scratch.
Earning new yen became crucial for Totsuko’s survival, leading to the creation of an electrically heated cushion designed by Ibuka. To avoid tarnishing Totsuko’s name, it was sold under the fictitious “Ginza Nessuru Shokai” (Ginza Heating Company) name. The success of this venture not only earned the company new currency but also provided subcontracted work for employees’ families.
Despite success, challenges persisted. Complaints arose about the cushions scorching blankets and futons, prompting Ibuka and his team to address safety concerns. Alongside these challenges, Totsuko ventured into producing record pickups, earning a good reputation for their excellent sound quality.
The company faced the dilemma of relocating its office from Shirokiya, and with the help of Hisao Yuda, Totsuko found a new home in the Tokuya Building in Ginza. This relocation marked a significant turning point, bringing everyone together in a single workspace.
The move to Gotenyama in Shinagawa in 1947 further solidified Totsuko’s position as an emerging force. The company’s collaboration with NHK to convert military-use wireless equipment marked its first connection with a major broadcasting network.
From these humble beginnings, despite The company’s journey, rooted in the ashes of post-war Japa. Sony continued to grow and diversify its portfolio over the years. The Walkman, Trinitron color television, PlayStation, and other groundbreaking products further established Sony’s reputation for innovation in the consumer electronics industry.
Sony’s Evolution: Innovation and Expansion
As the years progressed, so did Sony’s reach and influence on the global stage. The 1968 launch of the Trinitron color TV, a technological marvel at the time, underscored Sony’s commitment to pushing the boundaries of visual entertainment. The company’s dedication to superior technologies and a spirit of unity fueled its growth.
The 1970s marked a pivotal moment when Sony became the first Japanese company to have its shares listed on the New York Stock Exchange. Simultaneously, the introduction of the consumer-use “Betamax” VCR in 1975 showcased Sony’s commitment to advancing home entertainment technologies.
Sony’s foray into the professional broadcasting industry was marked by the launch of the BV series of “U-Matic” VTR in 1976, further solidifying its position as an industry leader. However, it was the 1979 launch of the Walkman, a portable stereo cassette player, that would revolutionize the way people experienced music, embodying Sony’s knack for anticipating and meeting consumer needs.
The 1980s saw Sony continue its innovative streak. The development and launch of the CCD Image Sensor in 1980 laid the groundwork for advancements in digital imaging technology. In 1982, Sony achieved another milestone with the launch of the CDP-101, the world’s first commercial CD player, showcasing its prowess in audio technology.
Sony’s venture into the entertainment industry reached new heights with the acquisition of CBS Records Inc. in 1988, which later became Sony Music Entertainment. This strategic move allowed Sony to play a significant role in the global music market.
The Walkman, however, remained an iconic symbol of Sony’s impact on popular culture. The portable music player not only transformed the music industry but also marked Sony’s ability to create products that resonate with consumers on a personal level.
The 1990s brought about the emergence of the PlayStation gaming console in 1994, introducing Sony to the lucrative world of video games. The success of the PlayStation series solidified Sony’s position as a major player in the gaming industry, with subsequent generations of consoles dominating the market.
Sony’s diversification continued in the late 1990s and early 2000s, with the establishment of Sony Bank in 2001 and the acquisition of Ericsson’s share in the joint venture Sony Ericsson Mobile Communications in 2012, leading to the formation of Sony Mobile Communications Inc. This move highlighted Sony’s commitment to the rapidly evolving world of mobile technology.
Technological advancements persisted into the 21st century, with the launch of the Blu-ray Disc recorder in 2003 and the introduction of the “BRAVIA” TV series in 2005, emphasizing Sony’s dedication to high-quality audiovisual experiences.
The company’s commitment to innovation extended beyond consumer electronics. In 2018, Sony announced the launch of the ERS-1000, a new version of its iconic “aibo” entertainment robot, showcasing its continued exploration of cutting-edge technologies.
Sony’s influence expanded into the financial sector with the establishment of Sony Financial Holdings Inc. in 2004. The group’s entry into the insurance sector with Sony Assurance in 1999 and the subsequent establishment of Sony Life Insurance Co., Ltd., demonstrated its versatility in meeting various consumer needs.
In 2021, Sony underwent a name change and relaunch as Sony Group Corporation, with the electronics business continuing under the name Sony Corporation. This rebranding reflected Sony’s evolution into a multifaceted corporation with diverse business interests, ranging from electronics and gaming to entertainment and financial services.
Looking forward, Sony’s commitment to innovation remains unwavering. The announcement of the “VISION-S” prototype in 2020, showcasing efforts in the mobility sector, exemplifies Sony’s continual pursuit of safety, reliability, comfort, and entertainment.
As we reflect on Sony’s journey, we witness not just the evolution of a company but the transformation of industries and the way we experience the world.
Conclusion
Exploring the rich history of companies like Sony is like stepping into the inspiring journey of dreamers and doers. Sony’s story, from the post-war struggles to global success, resonates with the very essence of human determination and creativity. It’s a narrative of individuals coming together, facing challenges head-on, and crafting solutions that not only transformed industries but also enriched our daily lives. The tale of Sony is a reminder that behind every innovative gadget or groundbreaking technology, there are human stories, stories of passion, resilience, and the unwavering pursuit of a vision. Understanding this history isn’t just about business; it’s about connecting with the human spirit that fuels progress and leaves us with a deep sense of admiration for the indomitable force of human ingenuity.
References: Sony Group Portal — History