:format(webp)/cdn.vox-cdn.com/uploads/chorus_asset/file/10926495/sony-walkman.0.jpeg)
Kazuo Hirai took control of the once mighty Sony in April 2012. His first order of business was the unenviable task of turning around a company that hadn't posted a profit in four years under the weight of a strong yen and a poor performing television business. Outgoing CEO Howard Stringer claimed that Sony would have been profitable had it not been for a series of unfortunate natural disasters in 2011 that saw the company suffer multi-billion-dollar losses. Hirai quickly outlined his vision for a more united "one Sony," and in early 2013 the company posted its first profit in half a decade.
Sep 17, 2014, 6:46 AM UTCVlad Savov
Sony's inability to sell smartphones is costing it $1.7 billion
No more dividends this year as Sony tries to fix ailing mobile business
May 14, 2014, 6:28 AM UTCSam Byford
Sony forecasts further losses despite strong PS4 and smartphone sales
Nov 22, 2013, 8:25 AM UTCVlad Savov
Sony will shrink movie division in order to keep it alive
A $250-million belt tightening
Oct 31, 2013, 6:21 AM UTCSam Byford
Sony cuts profit outlook by 40 percent despite strong smartphone sales
Aug 12, 2013, 5:00 PM UTCSam Byford
Why is Sony still in the entertainment business?
With spinoff proposal rejected, the pressure increases on Kazuo Hirai
Aug 6, 2013, 12:08 AM UTCSam Byford
Sony rejects investor proposal to spin off entertainment business
Aug 1, 2013, 6:07 AM UTCVlad Savov
Improving smartphone sales and a weaker yen help Sony to $35 million quarterly profit
May 22, 2013, 12:41 AM UTCGreg Sandoval
Sony mulls investor proposal to sell off movie, TV, and music units
Report says sale could finance a reinvigoration of Sony's electronics units
May 14, 2013, 7:23 AM UTCJeff Blagdon
Billionaire investor calls for Sony to break off part of entertainment business
May 9, 2013, 6:09 AM UTCSam Byford
Sony makes first net profit in five years despite falling demand for core products
Mar 4, 2013, 6:09 PM UTCDante D'Orazio
Sony Mobile CEO targets profitability in 2013 fiscal year, expects over 34 million units sold
Jan 8, 2013, 9:06 PM UTCJoshua Topolsky
Sony CEO Kaz Hirai: 'We need to be a more focused company'
The Verge sits down with Sony's president and CEO for a chat
Nov 15, 2012, 3:11 AM UTCJeff Blagdon
Sony's stock hits 32-year low on convertible bond sale as it tries to grow imaging business
Oct 20, 2012, 6:27 PM UTCJustin Rubio
Sony to lay off more than 2,800 employees in Japan as restructuring continues
Aug 27, 2012, 10:27 AM UTCAaron Souppouris
Sony closing Optiarc optical drive division after losing price war
Sony is reportedly planning to close Sony Optiarc, a wholly-owned subsidiary responsible for the production of optical disc drives.
Aug 23, 2012, 7:40 AM UTCVlad Savov
Sony Mobile moving headquarters to Japan, cutting a thousand jobs
Sony Mobile, the entity that resulted from Sony's buyout of Ericsson from the famed Sony Ericsson partnership, is starting to make the operational changes it hopes will help it become a more profitable operation.
Aug 15, 2012, 1:38 AM UTCJeff Blagdon
Kazuo Hirai: getting to know Sony's CEO
Sony's CEO Kazuo Hirai sits down with Bloomberg Businessweek four months after taking the new job to discuss his plans to turn the company around. The interview touches on cost cutting in the TV business and the devices Hirai uses in his own life.
Aug 2, 2012, 6:43 AM UTCSam Byford
Sony loses $312 million in Q1 2012 amid high restructuring costs
Sony's financial results for Q1 fiscal 2012.
Jun 22, 2012, 9:09 AM UTCSam Byford
Sony boosts imaging division with $997 million investment in CMOS sensor production
Sony has announced plans to invest ¥80 billion (about $997 million) in CMOS sensor production.
May 10, 2012, 7:20 AM UTCTom Warren
Sony reports net loss of $3.2 billion for Q4 2011, annual loss of $5.7 billion
Sony reports a net loss in its latest quarter, with an annual loss of $5.7 billion for 2011.
May 2, 2012, 6:40 AM UTCSam Byford
Sony putting IPTV plans on hold because of Comcast bandwidth caps
Sony Network Entertainment VP and GM Michael Aragon says that Comcast's policy of capping bandwidth is stopping the company from making its move into IPTV.
