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Sony Pictures Entertainment Records $179M Q3 Profit; Corporation Names Hiroki Totoki Group President & COO
Sony Pictures Entertainment recorded $179 million in operating income for the third quarter ended December 31, 2022. That figure reps an 86% decrease on a dollar basis versus the same period last year, though it's tough to compare apples to apples here since Q3 2021 had a massive assist from the…
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3 Comments Comment on Sony Pictures Entertainment Records $179M Q3 Profit; Corporation Names Hiroki Totoki Group President & COO
More Sony Layoffs In Picture In Drive To Up Profit Picture?
Why is Sony laying off staff at a time when its stock is higher than it has been in years at $52 a share, and when big results are expected for God of War 4 and a Spider-Man game on PlayStation, and movie sequels to Spider-Man and Jumanji coming from a movie division that has turned things around? And all this after…
Sony Stock Soars Amid Investor Speculation That Film, TV Business Might Wind Up On The Block
Sony Corp. stock soared today following the news that Chief Executive Kaz Hirai is stepping down from the helm of the Japanese corporation, to be succeeded by Chief Financial Officer Kenichiro Yoshida.
Wall Street observers say the stock movement is a sign of investor speculation that this changing of the guard might…
Sony’s Kazuo Hirai & Kenichiro Yoshida On Future Challenges & Sense Of Urgency
In a surprise announcement Friday afternoon Tokyo time, Sony Corp said that Kazuo Hirai would step aside as President and CEO of the electronics giant, taking up the role of Director Chairman. He will be replaced in running the company by longtime Sony executive Kenichiro Yoshida whom he called a “confidante and…
Kaz Hirai Replaced As Sony CEO As Of April 1 – Kenichiro Yoshida Named New CEO
Sony has announced that CEO Kaz Hirai will be replaced as of April 1 and become chairman of the company. CFO Kenichiro Yoshida will be his replacement.
Hirai has been CEO since 2012, replacing Howard Stringer. He was credited with turning around lagging fortunes at the company, implementing his “One Sony” program…
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By Bruce Haring
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