{
  "docId": "019dd923-622b-71dc-a6db-28e86a7ca5c3",
  "docSlug": "efcae84676a2",
  "documentTitle": "Sony Corporation (6758.T)",
  "authorId": "05_Third_Point",
  "authorName": "Third Point",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2019-06-13 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 81,
  "pageCount": 102,
  "prevPage": 80,
  "nextPage": 82,
  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 30,
  "notes": "The slide uses a dashed box to highlight Sony Pictures in both charts. Netflix data is noted as total company, not just studio.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "bar_chart_stacked",
    "bar_chart_grouped",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622b-71dc-a6db-28e86a7ca5c3/81",
  "deckHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3",
  "deckJsonHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3.json",
  "deckAnchorHref": "/decks/019dd923-622b-71dc-a6db-28e86a7ca5c3#slide-81",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Sony Pictures is among the largest film/TV content production studios globally, but has potential for operating margin improvement",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-5378-7467-9504-fecae55885c5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.45,
        "x": 0.5,
        "y": 0.22
      },
      "kind": "chart",
      "text": "Historical operating margin",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a1212fdc-5a25-4f21-86a7-dbecb899e201",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.6,
        "w": 0.4,
        "x": 0.05,
        "y": 0.22
      },
      "kind": "chart",
      "text": "2018 entertainment studio revenue (film + TV) ($bn)",
      "attrs": null,
      "subkind": "bar-stacked",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "35ef88e4-4737-4d49-b0a4-4364f0b2e42f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "operating margin: 5%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd953-5378-7467-9505-03263d00c339",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.8,
        "x": 0.03,
        "y": 0.15
      },
      "kind": "paragraph",
      "text": "Sony Pictures is among the largest film/TV content production studios globally, but has potential for operating margin improvement",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ef3163bc-95dc-463f-b658-89b866d9a0a9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "Note: Netflix value represents total company revenue; Sony Pictures value excludes Media Networks segment",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3dac5c9a-3211-46aa-9538-488c61bab696",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.5,
        "y": 0.85
      },
      "kind": "source-note",
      "text": "Note: Netflix value represents total company operating margin; Sony Pictures value excludes Media Networks segment",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9c9bdd04-94b1-4c33-a61c-5d807a5e267c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.5,
        "x": 0.03,
        "y": 0.09
      },
      "kind": "title",
      "text": "Sony Pictures has significant scale, with margin upside",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "936fbd2e-bf4b-4c51-aa0d-d06f928269e7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 102,
      "from": 21,
      "beatId": "7f85f16a-4957-4f37-b8df-1517555ea81a",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution (Provide relief)",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "The deck proposes solutions to Sony's problems, including transformation and spin-off of businesses.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}