Sony Corp. USA To own 38% of EMI Music Publishing, No Official Word on Staffing

As a result of Friday's earthquake, operations have been suspended at Sony plants in Japan that manufacture CD, DVD and Blu-ray discs. In addition, the Sony Corporation Sendai Technology Center has ceased work entirely due to earthquake damage.

According to Monday's press statement, plants that manufacture semiconductor lasers, optical devices and lithium ion secondary batteries have also been shut down.

Sony stopped production at those plants on Friday, as reported by the Hollywood Reporter. In addition, a handful of additional Sony plants have temporarily suspending operations to help alleviate power outages. Other companies such as Toshiba, Toyota, Honda and Nissan have also halted production.

While certain production sites in Japan other than those listed above have been moderately affected, there has been no report of employee injury or facility damage, and operations continue," the company said in the statement. "Possible damage at other Sony Group companies in Japan is currently being reviewed.

Sony's stock price fell 7.8% on Monday after falling 2.4% on Friday (Sony's dollar-denominated equity shares are traded in the U.S. on the New York Stock Exchange). Japan's Nikkei 225 Average index fell 6.2% on Monday.