Skip navigation

Sony CEO asks for patience as shareholders press on spinoff plan

TOKYO (Reuters) - Sony Corp <6758.T> shareholders pressed its chief executive for a response to hedge fund Third Point's proposal for a partial spinoff of its profitable entertainment arm but Kazuo Hirai pleaded for patience as management reviews the bold plan.Full story

Third Point ups Sony stake, calls for independent entertainment board

TOKYO (Reuters) - New York-based hedge fund Third Point said it has raised its stake in Sony Corp and urged the Japanese company to create an independent board to run a partially spun-off entertainment arm with Sony's CEO, Kazuo Hirai, as its chairman. Full story

Sony Xperia Z rolling out to 60 countries worldwide this week

If you've been salivating at the thought that Sony's latest flagship would eventually arrive on your turf, then Kaz Hirai just threw a teasing softball into your field of view. At Sony's Mobile World Congress press conference, the company chief said that the Xperia Z would soon be arriving in 60 co Full story

Sponsored Links

Articles

We're liveblogging Sony's big PlayStation event tomorrow at 6pm ET!

advertisement | ad info

Related Photos

Howard Stringer, former Sony CEO and Kaz Hirai, current Sony CEO arrive at the annual Allen and Co. conference at the Sun Valley
Howard Stringer, former Sony CEO and Kaz Hirai, current Sony CEO arrive at the annual Allen and Co. conference at the Sun Valley

Howard Stringer, former Sony CEO and Kaz Hirai, current Sony CEO arrive at the annual Allen and Co. conference at the Sun Valley, Idaho Resort July 11, 2013. REUTERS/Rick Wilking (UNITED STATES - Tags: BUSINESS)

Kazuo Hirai
Kazuo Hirai

Sony President and CEO Kazuo Hirai speaks during a press conference at the Sony Corp. headquarters in Tokyo, on May 22.

A woman looks at Sony's TV sets at an electronic shop in Tokyo
A woman looks at Sony's TV sets at an electronic shop in Tokyo

A woman looks at Sony's TV sets at an electronic shop in Tokyo January 17, 2013. Sony, which has spent several years shrinking its television unit, plans to expand sales from next year once the business has stopped losing money, chief executive Kazuo Hirai said on Thursday. REUTERS/Kim Kyung-Hoon (J