Sony CEO: Corporate reform stops paying dividends and hopes the reforms will resume

Source: Internet
Author: User
Keywords Mobile games Internet games game consoles
Tags business company consoles game game consoles games internet internet +

Beijing time February 26 Morning News, Sony CEO Hirai said in Wednesday, he hopes to wait until the successful revival of the company to return dividends, but not too hasty.

Sony announced last September that it had decided to stop distributing dividends because of weak handset sales, the first time since Sony's IPO.

Sony, a former iconic company in Japan's technology industry, is restructuring, and so far has laid off thousands of people and sold its PC division.

"I am sorry to stop paying dividends, but we do not need to restore dividends at all costs," he said. "The logic behind this," Hirai told reporters in Wednesday, "is that we want to restore dividends after the reforms have been completed and do not want to be hasty." ”

As part of the restructuring, Sony also spun off its television business. The company also said last week that it would divest its audio and video business, part of its overall strategy to encourage its subsidiaries to strengthen their autonomy.

Hirai said it does not rule out the future to push the stripped subsidiaries to separate listings. But he also disclosed that, although he had said last week not to rule out the sale of television and mobile phone business, but still want to keep the television business, and is still working on it.

"In some ways, television plays an important role in the home environment and its relationship with other products," he said. "he said. The television industry's quest for better quality and timbre has also improved technology for other products, including smartphones.

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