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Posts tagged kazuo-hirai

Sony CEO Kaz Hirai: PS4 'likely' to exceed PS2 profits

While Sony as a whole is predicting losses to the tune of almost half a billion this fiscal year, company CEO Kazuo Hirai is looking to the future - specifically, the PlayStation 4's future. During a corporate strategy meeting reported by Japanese website Impress Watch and translated by Eurogamer,...

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Report: Sony top brass to take pay cut

Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to...

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Sony considers splitting the company after proposed IPO

Sony executives are considering splitting the company's entertainment and electronics divisions, following billionaire Daniel Loeb's proposed initial public offering of its entertainment business. The entertainment arm includes all PlayStation properties, alongside Sony's film and music businesses....

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Kaz Hirai drops some titles at Sony, still president

One morning, Sony president and CEO Kaz Hirai woke up and said, "I probably have too many titles." Beyond being the president and CEO of Sony Corporation (the umbrella parent company of PlayStation, Bravia, and many other Sony brands), Hirai is also "representative director" and "chairman" –...

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Sony expects biggest loss ever, 10K laid off; games a pillar for future

Sony announced today it would cut 10,000 jobs, approximately 6 percent of its global workforce, as it projects a loss of $6.4 billion for the fiscal year that ended in March. It will be the fourth straight year of losses for the company, which really needs to turn around its money pit TV business...

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Sony appoints Kaz Hirai to prez and CEO, replacing Sir Howard Stringer

After a bout of he said / she said earlier this year over the possibility of executive deputy prez Kazuo Hirai becoming president and CEO of Sony Corp., Sony has decided to make the news official this morning. As of April 1, 2012, Kaz will step up to the job of current CEO Sir Howard Stringer,...

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Nikkei: Kaz Hirai stepping up as Sony president, Stringer staying on as chairman and CEO

It's unfortunate, but it seems unlikely we'll be hearing Sony Computer Entertainment's current "executive deputy president" Kazuo Hirai regaling us with extended "Riiiiiiiiidge Racer!" shouts much more, as Nikkei is reporting he'll be taking over as president of Sony Corporation in the coming...

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Sony responds to Congress with open letter, suggests 'Anonymous' was responsible

In response to a letter sent to Sony by the US House of Representatives' Subcommittee on Commerce, Manufacturing, and Trade, Sony's Kazuo Hirai sent an open letter detailing Sony's "principles" in dealing with the PSN outage and Sony/SOE data leaks. The full letter has been scanned and placed on...

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PSN 'welcome back program' includes a free download, 30 days free PlayStation Plus, Qriocity

Notes handed out before a Sony press conference today (timed so conveniently at 1am EDT in the US, and noon on the Sunday of Golden Week in Japan) reveal that Sony plans to offer free downloads of unidentified "content," 30 days of free PlayStation Plus access to new and existing members, and 30...

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Hirai to address PSN security breach at 1 a.m. EDT

Though we've been getting frequent updates from PlayStation Blog on the state of the recently intruded-upon PlayStation Network, one of the massive corporation's higher-ups is now planning to step forward to field some of our questions. According to Reuters, Sony Corp executive deputy president...

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