Aug 25, 2014

Cyberattack shuts down Sony's online music, game network

Sony Corp. said its Sony Entertainment Network online game and music distribution service suffered a cyberattack and was rendered unavailable globally. The number of users of the service totaled more than 150 million worldwide at the end of last September. The service was hit ...

Top-paid Nikkei 225 female exec shows Japan gender hurdles

Aug 18, 2014

Top-paid Nikkei 225 female exec shows Japan gender hurdles

Only one female executive made it to the top-earner list of the Nikkei 225 companies last year. She is an American who lives in New York. Nicole Seligman, president of Sony Corporation of America and Sony Entertainment Inc., is the only female among 185 ...

Aug 8, 2014

Shame index dumps Sony for Panasonic in first revamp

Sony Corp., which has posted losses in five of the past six years, was rejected in the first reshuffle of Japan’s profit-oriented stock index while Panasonic Corp. made the cut. The government-backed JPX-Nikkei Index 400 added 30 other companies, including Mazda Motor Corp., Daiwa ...

Jul 23, 2014

Sony to close lithium-ion battery base in Tochigi

Sony Corp. plans to close its design and development base for lithium-ion batteries in Shimotsuke, Tochigi Prefecture, by the end of September, transferring some 40 engineers to a plant in Koriyama, Fukushima Prefecture, sources said. By consolidating lithium-ion battery plants and improving efficiency, Sony ...

Jul 8, 2014

Sony to solicit employees for early retirement

Sony Corp. will solicit applicants for early retirement from its corporate planning and finance sections at its Tokyo headquarters starting in August as it restructures and cuts costs, sources said Tuesday. The program is part of a reform plan unveiled in February that includes ...

Sony completes sale of PC business, splits TV operation

Jul 2, 2014

Sony completes sale of PC business, splits TV operation

Sony Corp. has completed the sale of its Vaio personal computer business to a Tokyo-based investment fund and split its television operation as it restructures to turn around its flagging electronics business. Sony’s Vaio-brand PC business in Japan was transferred to a company named ...

Sony to buy Britain's CSC media group in TV network push

Jun 26, 2014

Sony to buy Britain's CSC media group in TV network push

Sony Corp.’s movie and TV unit will snap up Britain’s CSC media network, adding to a string of acquisitions designed to shift its focus from movies to higher-margin television programing. Sony Pictures Television, the company’s TV programing and network unit, said on Thursday it ...

Jun 25, 2014

Five Japanese firms among top 10 global green brands

U.S. consulting firm Interbrand said Tuesday that five Japanese companies were among the 10 best global green brands in 2014, recognizing their work on tackling environment problems. Ford Motor Co. took the top spot for its commitment to electric vehicles, ousting Toyota Motor Corp., ...

Sony CEO apologizes for another steep loss

Jun 19, 2014

Sony CEO apologizes for another steep loss

Sony Corp. Chief Executive Officer Kazuo Hirai apologized to investors Thursday after the maker of PlayStation consoles and Xperia smartphones projected a sixth loss in seven years. “Sorry that we failed to meet shareholders’ expectations,” Hirai said at the company’s annual meeting in Tokyo. ...