http://247wallst.com/apps-software/2014/09/17/will-sony-fire-ceo-as-company-posts-another-loss/
Call it another year of financial loss. The year has not ended, but Sony (NYSE: SNE) says the red ink for its current fiscal is imminent. The means the turnaround of CEO Kazuo Hirai has failed. He was promoted after years of failure by his predecessor Howard Stringer. Kazuo Hirai has held the job since April 1 2012. With each new quarter, he has predicted better days.
Sony’s news forecast is for a 230 billion yen forecast compared to its guess of 50 billion yen made in July. There was no chance in the forecast for revenue.for the year which will end on March 31. 2015.
Sony has to face a dilemma if its want a new CEO. Much of the company’s business, including its huge entertainment unit is based in the U.S. Stringer came from the U.S. operation. Or Sony can pick another Japanese executive, although it is hard to imagine the persons could come from Sony’s current ranks.
I describe myself as a little dose of toxic masculinity.