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Its finance unit, too, is highly profitable.It is high time, says an executive at another electronics firm, for Sony's management to begin the kind of vigorous restructuring that between 2010 and 2012 returned Japan Airlines from bankruptcy to profits under Kazuo Inamori, its saviour.
Dr. Pizzo enabled the rapid evolution of pathology under managed care and spearheaded a vigorous restructuring of laboratory and research activities with a consolidation of diagnostic laboratories as a single clinical laboratory entity.
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This transformation results from a vigorous promotion of urban restructuring by the state and a keen uptake by corporations.
And it must be supported by more vigorous corporate and financial restructuring.These actions, even if taken together, may be too little to reverse the lopsided pattern of global growth overnight.
The communiqué also committed to "vigorous yet steady efforts" to restructure the political system.
The whiff of change is in the air: along with a new, reformist, no-gain-without-pain prime minister, Junichiro Koizumi, perhaps corporate Japan is starting to restructure, shedding its old lifetime employment rules and shaping up for a more vigorous future Alas not.
Restructuring looms.
It was this restructuring that supported larger regional alliances such as the one enabled by NAFTA (the North American Free Trade Agreement) and allowed the vigorous creation of maquiladoras clothing assembly plants throughout the region.
Vigorous attempted procreation.
Vigorous debate has ensued.
Vigorous pelvic wallop?
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