Nokia's Stephen Elop and Kazuo Hirai of Sony each took over their companies at moments when the markets and consumers had turned against them.
Sony CEO Kazuo Hirai strongly suggested that his company would be more than happy to announce its next console after Microsoft had a chance to go first.
Kazuo Hirai, president and CEO of Sony takes the stage.
FORBES: Sony Introduces New Xperia Z Smartphone, 4K TVs At CES 2013 (Live)
The success of a new PlayStation is especially critical for Sony and new Chief Executive Kazuo Hirai, who is trying to stop financial bleeding in the company's other electronics operations.
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Kazuo Hirai, Chairman of the Board of Directors of Sony Computer Entertainment America, submitted written answers to questions posed by the subcommittee about the large-scale, criminal cyber-attack we have experienced.
Under the leadership of Kazuo Hirai, we have teams working around the clock and around the world to restore your access to those services as quickly, and as safely, as possible.
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Its presentation, led by new boss Kazuo Hirai, was the most polished of the three with the one exception of a prototype TV which was supposed to be the grand finale.
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Kazuo Hirai, who took over as president nine months ago, has promised to deliver a new range of "wow" products in order to re-establish Sony as the premier electronics and entertainment company.
Sony CEO Kazuo Hirai and about 40 other top executives at the company will forego bonuses this year as the Japanese firm struggles to regain its footing in an increasingly competitive global electronics market.
FORBES: Sony CEO Kazuo Hirai And 40 Other Executives Forego Bonuses
"Tim has been a strong leader within Sony who truly embodied the 'One Sony' spirit by successfully leading corporate-wide initiatives across business units since he joined, " said Kazuo Hirai, President and CEO, Sony Corporation.
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That presentation will be from Kazuo Hirai.
FORBES: Sony's CES Press Conference: TVs, Gaming, Multimedia [Live Blog]
Forty of Sony's top executives, including Kazuo Hirai, the chief executive since last year, are to give up bonuses worth 30-50 per cent of their pay after they failed to keep a promise to return the division to profit.
"As part of our strategic initiatives announced in April 2012, at Sony we are aggressively pursuing the growth of our medical business, with the aim of developing it into a key pillar of our overall business portfolio, " said Sony's chief executive Kazuo Hirai.
FORBES: Sony Introduces New Xperia Z Smartphone, 4K TVs At CES 2013 (Live)
Despite rumors that both Microsoft and Playstation would be revealing new consoles at E3 this year, Sony Deputy president Kazuo Hirai told a roundtable of reporters at the Consumer Electronics Expo in Las Vegas, according to the Wall Street Journal, that that is definitely not the case.
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