Post by: chaos on March 06, 2005, 11:40:15 PM
Turns out Ken Kutaragi is stepping down to take care of the game division and the new chairman isn't Japanese, his name is Sir Howard Stringer he is originally Welsh, Cardiff to be exact.
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Sony today announced a new management structure, due to become effective on 22 June, subject to approval at the Shareholder's meeting that day. Sir Howard Stringer will assume position of Chairman, Group CEO and Representative CEO for Sony Corporation. Meanwhile "father of the PlayStation brand", Ken Kutaragi, will resign from the Board, along with six other board members - Nobuyuki Idei, Kunitake Ando, Teruo Masaki, Teruhisa Tokunaka, Goran Lindhal and Akihisa Ohnishi. From 22 June, Ken Kutaragi will be concentating on the running of Sony's Game division. Here is the full story at Yahoo!
Post by: oohhboy on March 06, 2005, 11:58:03 PM
Post by: KDR_11k on March 07, 2005, 06:00:12 AM
Post by: Ian Sane on March 07, 2005, 06:23:37 AM
Yah right.
Still Nintendo is the only console maker now where the head of the company is Japanese.
Post by: Savior on March 08, 2005, 12:35:10 PM
Post by: oohhboy on March 08, 2005, 11:29:22 PM
Also Sony eletronics division has been struggling for a long time profit wise and he hsn't even attemped to address it. As a matter of fact he went and made it worse.
Post by: BlkPaladin on March 12, 2005, 08:05:23 AM
Here is a comparision, a few months ago (more like a year) a study came out saying that Nintendo just on the Gamecube alone made more profits than Sony's divsion did. Now Nintendo just has itself to sustain consider them about the size of Sony's division. So Sony is 10 times the size of Nintendo when you count all their divisons, has to surrvive on less profits then Nintendo, its a wonder why they didn't ask him to step down before.
Post by: nemo_83 on March 13, 2005, 10:46:08 PM
Post by: kennyb27 on March 14, 2005, 07:00:23 AM
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Originally posted by: nemo_83
Sony is 61 billion dollars in debt
Do you have a link or is this just common information that I don't know?
Post by: Don'tHate742 on March 14, 2005, 07:24:53 AM
Post by: ruby_onix on March 14, 2005, 02:56:10 PM
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Do you have a link or is this just common information that I don't know?
Bloomberg
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Sony's total debt stood at 6.71 trillion yen ($61 billion) on June 30.
However, that's only part of the story.
Apparently Sony has about $100 billion in "assets". Like, their factories and studios and stuff like that.
And they had a "A+" credit rating. Like a credit card. Which they used to build up a $61 billion debt.
It's like, if Sony was a family, the parents own a $100,000 house, but they've got $60,000 on their Visa. The parents are retired, and all their kids are unemployed mooches. Kutaragi is the only son with a job, but even he can't pay down that debt by himself, so the parents declared him "man of the house" and told him to find jobs for everyone else. His grand scheme was to get his siblings to massage his feet, so his job's easier, so he maybe works faster and earns more money. It was a stupid plan, and their debt only got higher while he was in charge. So the parents stripped him of that authority, and now they need to find a new plan, otherwise they're gonna be homeless.
Post by: couchmonkey on March 15, 2005, 09:46:55 AM
Seriously, though. I've been really disappointed with a wide array of Sony electronics over the past decade, and it seems like a lot of people I know are in the same situation. Sony is earning the rewards of cheaping out and riding on its reputation.
Post by: boggy b on March 19, 2005, 03:59:17 AM
Oh, and all of you falling over yourselves to spew effluence on Sony; I'm pretty certain that their poor reliability only extends as far as their gaming segment. In every review I read of their other home electronics in a magazine they say that the build quality is impeccable, even if their product as a whole isn't (that said, they are still the best plasma TV makers in the business).
Post by: Avinash_Tyagi on March 19, 2005, 05:28:37 AM
Post by: KDR_11k on March 21, 2005, 06:39:09 AM
Post by: couchmonkey on March 21, 2005, 06:47:22 AM
Post by: vudu on March 21, 2005, 08:01:42 AM
Post by: boggy b on March 21, 2005, 12:00:32 PM
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Originally posted by: KDR_11k
boggy b: I've heard loads of complaints about other Sony hardware as well, you sure? Sony's stuff doesn't break from violence but time will kill it pretty fast. Of course you can't say in a review whether the thing will die in 6 months.
The only people that I've really read claiming poor reliability for Sony products are *ahem* people who don't like Sony (there are, of course, expceptions). I've never owned any Sony gear aside from my PS1 (ye olde model, not the PSone) and PS2, and both are working flawlessly (I still dig out the PS1 to play MGS from time-to-time, because PS2 emulation has weirdo texture errors all over the shop) so I can't speak from personal experience, but a number of people I know have Sony stuf and it's all well made and some of it's old and still works perfectly.
