Back in March Sony’s President and CEO Kazuo Hirai announced an initiative “One Sony,” giving colors to the initiative and make the level of trust more on the shareholders mind. The company’s CEO Hirai found defending as chairman of the board and promising that his turnaround revival plan and strategy will help out the troubled consumer electronic company.
Interesting is that a record 9,303 shareholders gathered to hear Hirai during the annual meeting. Hirai’s predecessor Stringer was also there and put up his deeply regret towards company’s growing record loss of $6.4 billion in the year ended March 31. Just like any other company, Stringer blamed Japan’s 2011 earthquake and production-disrupting floods in Thailand for the loss.