May 25, 2014

Sony still a Walkman in an iPad age, skeptical analysts say

Sony’s latest bid to halt years of losses and resuscitate its brand has provoked snorts of derision among analysts who say it falls way short. The criticism came after Sony Corp. President Kazuo Hirai on Thursday pledged to drag the electronics giant out of ...

Hirai refuses to pull plug on Sony TV business

May 22, 2014

Hirai refuses to pull plug on Sony TV business

by Kazuaki Nagata

Sony CEO Kazuo Hirai said Thursday the company still expects to turn around its loss-making home electronics business, which includes TV sets, this fiscal year after completing restructuring. “When I became president, (Sony) decided rebuilding the electronics business was the most important issue, and ...

Panasonic, Sharp pull up as Sony lags

May 15, 2014

Panasonic, Sharp pull up as Sony lags

by Kazuaki Nagata

Vigorous streamlining efforts paid off for Panasonic Corp. and Sharp Corp., two of Japan’s three major electronics firms, in fiscal 2013, but Sony Corp. struggled to rebuild as its mainstay businesses continued to lose money. Thanks to drastic cost-cutting efforts and a restructuring of ...

Sony posts massive annual net loss

May 14, 2014

Sony posts massive annual net loss

by Kazuaki Nagata

Sony Corp. continues to struggle to rebuild its electronics businesses, reporting on Wednesday a ¥128.4 billion net loss for the business year that ended March 31. Its sales for fiscal 2013 increased to ¥7.7 trillion, up 14.3 percent, thanks to a weaker yen, steady ...

May 13, 2014

Sony to hire ex-U.S. Ambassador Roos as outside director

Electronics giant Sony Corp. said Tuesday it will appoint former U.S. Ambassador to Japan John Roos and Kazuo Matsunaga, former vice minister of economy, trade and industry, as outside board directors. It will be the first time the company has appointed outside board members ...

Apr 28, 2014

Japan Display shares fall

Japan Display Inc. shares plunged to 25 percent below last month’s initial public offering price in Tokyo trading after reporting preliminary earnings that missed its forecasts. Japan Display fell 16 percent to close at ¥672. That compares with the ¥900 IPO price before the ...

Sony PS4 sales top 7 million mark

Apr 17, 2014

Sony PS4 sales top 7 million mark

by Andy Fixmer and Grace Huang

Sony Corp.’s PlayStation 4 sales are proving a bright spot for Chief Executive Officer Kazuo Hirai, who is cutting costs to spur a revival at a company hit by falling demand for its televisions and cameras. Sales of the $399 video-game console surpassed 7 ...

Some Vaio models pose burn risk: Sony

Apr 11, 2014

Some Vaio models pose burn risk: Sony

Sony Corp. urged consumers Friday to stop using some models of its Vaio Fit 11A computer released in February due to possible battery overheating that could cause burns. Subject to the request are the models SVF11N19EJS, SVF11N1A1J and SVF11N1BAJ. The company is now identifying ...

BitSummit reveals tantalizing homemade worlds of play

Mar 13, 2014

BitSummit reveals tantalizing homemade worlds of play

by Jason Coskrey

After a successful debut last year, former Q-Games producer James Mielke once again shone a light on Japan’s independent gaming scene with the second edition of BitSummit, a gathering of independent developers. This year’s event, held March 7-9 in a large exhibition hall at ...