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SONY COMPUTER ENTERTAINMENT TO ANNOUNCE

THE FORMATION OF FORWARDWORKS CORPORATION

Tokyo, March 24, 2016 – Sony Computer Entertainment Inc. that will change its company
name to Sony Interactive Entertainment Inc. (SIE) effective Friday, April 1st, 2016, announced
today the formation of ForwardWorks Corporation (ForwardWorks), a new company that is
aimed to deploy new services toward the ever-expanding smart device market. ForwardWorks
will begin its operation from April 1st, 2016.
ForwardWorks will leverage the intellectual property of the numerous PlayStation®
dedicated software titles and its gaming characters as well as the knowledge and know-how of
gaming development expertise which was acquired over the years with PlayStation® business
to provide gaming application optimized for smart devices including smartphones* to users in
Japan and Asia. The company will aim to deliver users with opportunity to casually enjoy fullfledged game titles in the new filed of the smart device market.
SIE will vigorously maximize the corporate value and create new business
opportunities through the establishment of ForwardWorks.

Outline of ForwardWorks
1. Name:
2. Location:
3. Principal of Business:

4.

Capital:

5.
6.

Date of Incorporation:
Directors in Charge and

ForwardWorks Corporation
Tokyo, Japan
Planning, development, sales and operation of
software, content and network services for smart
devices
10 million Japanese yen
(fully owned subsidiary by SIE)
Friday, April 1st of 2016

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SCE TO ANNOUNCE THE FORMATION OF FORWARDWORKS CORPORATION

Member of the Board:

Reference below

Directors in Charge and Member of the Board of ForwardWorks
Atsushi Morita, President
Andrew House, Member of the Board
Hiroshi Ueda, Member of the Board
Kazuhiko Ono, Auditor

*

Smart devices supporting Android and iOS

###
About Sony Computer Entertainment Inc.
Recognized as a global leader and company responsible for the progression of consumerbased computer entertainment, Sony Computer Entertainment Inc. (SCEI) manufactures,
distributes, develops and markets the PlayStation®4 computer entertainment system, the
PlayStation®3 (PS3™) computer entertainment system, and the PlayStation®Vita (PS Vita)
portable entertainment system. SCEI has revolutionized home entertainment since it launched
PlayStation® in 1994. PlayStation®2 further enhanced the PlayStation® legacy as the core of
home networked entertainment. PSP® (PlayStation®Portable) broadened the entertainment
experiences into the portable arena. PS3 is a computer entertainment system that incorporates
the powerful Cell Broadband Engine and RSX processors. PS Vita is a portable entertainment
system that offers a revolutionary combination of rich gaming and social connectivity.
PlayStation®4 redefines rich and immersive gameplay with powerful graphics and speed,
intelligent personalization and deeply integrated social capabilities. PlayStation™Network,
that includes PlayStation®Store, delivers unparalleled online gaming experience to
PlayStation users. PlayStation™Now, a streaming game service that leverages cloud-based
technology, enables users to instantly enjoy a wide range of PS3 games on numerous Internetconnected devices they use every day. Headquartered in Tokyo, Japan, SCEI, along with its
affiliated companies, Sony Computer Entertainment America LLC and Sony Computer
Entertainment Europe Ltd., and its division company, Sony Computer Entertainment Japan
Asia, develops, publishes, markets and distributes hardware and software, and manages the
third party licensing programs for these platforms in their respective markets worldwide.
“PlayStation” is a registered trademark of Sony Computer Entertainment Inc.
All other trademarks are property of their respective owners.

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