Sony Corporation (Sony) is a Japan based electronics products manufacturing company. Sony Corporation is the parent company of all Sony Group companies. Sony is engaged in designing, developing, manufacturing, and selling audio and video products, information and communication products, televisions, semiconductors, and host of other electronic components. The company operates in five reportable segments namely Electronics, Games, Pictures (film and TV), Financial Services and Others. The company, along with its subsidiaries, has major operations in Japan, and across many countries in North America, Europe and Asia. Sony has its wide service foot-print in about 200 counties, worldwide. The company is headquartered at Tokyo, Japan. During the first half of 2009, Sony Computer Entertainment Inc. (SCEI) launched PSP (PlayStationPortable) go (PSP-N1000), an advanced generation of PSP hand-held entertainment system. This is targeted at the consumers, who download content on the go. In 2008, Sharp Corporation and the company signed a non-binding memorandum of intent in relation with the formation of a joint venture to manufacture and sell large-sized LCD panels and LCD modules.The company reported revenues of (Yen) JPY 7,729,993.00 million during the fiscal year ended March 2009, a decrease of 12.87% from 2008. The operating loss of the company was JPY 232,210.00 million during the fiscal year 2009, as against an operating income of JPY 462,212.00 million during 2008. The net loss of the company was JPY 98,938.00 million during the fiscal year 2009, as against a net profit of JPY 369,435.00 million during 2008.