Sony Corp

Toshiba sues three former CEOs amid accounting scandal

Japan Electronics company Toshiba Inc has sued five former executives including three former Chief Executive Officers for huge losses on the biggest accounting scandal in Japanese corporates.

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Sony to divest stake in Sony/ATV Music

Sony Corp is in the process of offloading it stake that's half of Sony/ATV Music Publishing, which is the world's largest music publisher. Sony and Michael Jackson's Estate jointly own Sony/ATV Music Publishing. The joint agreement between Sony and Michael Jackson's Estate that allows one partner can buy out the other.

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Sony aims for more clients, 20 percent sales growth in image sensors

Electronics giant Sony Corp's sophisticated image sensors are being used by top smartphone makers Apple Inc and Samsung Electronics to build their products. The image sensors has turned out to be Sony's top-selling product, giving a boost to the company's ailing financial health.

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Seeing and believing: Virtual reality set to conquer living rooms

It sounded so promising. Anyone, anywhere would be able to strap on a headset in their living room and be able to experience events anywhere in the world - or outside of it - as if they were really there.

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Sony unveils new Xperia phone even as it retrenches in mobile

Sony Corp on Monday unveiled a new high-end Xperia handset featuring an aluminium frame and a 5.2-inch screen, showing it is still in the smartphone race even as it scales down its struggling mobile operations.

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Japan's Sony Corp. halves stake in Olympus

Japan's Sony Corp has halved its stake in camera and endoscope maker Olympus Corp and is no longer its top shareholder, according to Olympus.

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GameStop profit forecast falls short on weak demand for consoles

GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.

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Nintendo bids spike by their daily limit on move to smartphones

Shares in video game maker Nintendo Co were overwhelmed with buy orders on Wednesday as investors welcomed its long-awaited move to bring its iconic game characters such as Super Mario to smartphones.

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Japan's Fanuc must do buybacks, capex plan no fix: Loeb

Activist investor Daniel Loeb said Fanuc Corp's plan to boost investments was not enough to fix its "blatant capital inefficiency", stepping up calls for the Japanese industrial robot maker to reward shareholders through major buybacks.

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Sony sees 25-fold profit jump by 2018 through videogames, sensors

Sony Corp aims to boost its operating profit 25-fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday.

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CFO Yoshida's Sony revamp wins over investors, tough decisions loom

Months after Sony Corp bought So-net, the broadband provider's chief chided CEO Kazuo Hirai for having his "priorities in the wrong order".

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Japan's Sharp sees third loss in four years as smartphone display sales sag

Japanese electronics supplier Sharp Corp warned it will slip into its third annual net loss in four years as fierce pricing competition saps sales of smartphone displays, the business line it had been counting on for growth.

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Panasonic withdraws from TV production in China: source

Panasonic Corp (6752.T) has stopped making TVs in China and plans to liquidate its joint venture in Shandong, a company source said on Saturday, the latest in a string of Japanese electronics companies exiting overseas TV markets amid strong pricing pressure.

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Sony to delay official submission of third quarter results after hacking

Sony Corp said it was delaying the official submission of its third-quarter results due to the massive cyberattack on Sony Pictures Entertainment, which debilitated network systems at the Hollywood studio.

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For Sony Pictures CEO, cyberattack won't set studio back

Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyberattack he likens to having your house robbed and burned to the ground.

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