Sony investors back CEO, directors despite losses

Source: AP-Excite

By YURI KAGEYAMA

TOKYO (AP) — Sony shareholders voted Thursday to keep Chief Executive Kazuo Hirai and other top executives after heckling them about the Japanese electronics and entertainment company's continuing losses.

Hirai, who took the helm in 2012, promised that "the money-losing structure" will be fixed this fiscal year once and for all, and apologized for not having acted quickly enough to changes in the business.

The 53-year-old showed on the screen a black-and-white photo of himself when he was 6, giggling on the floor with his father, who was tickling him to record his son's laughter on a reel-to-reel Sony recorder.

"The best way to build our future is for Sony to remain Sony, and realize our motto to become a company that inspires and fulfills your curiosity," he said.

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