Chairman Nobuyuki Idei
hinted Tuesday that foreign companies may take a majority stake in Sony Life Insurance Co., a wholly owned subsidiary of Sony that is in talks with foreign financial firms over a possible capital alliance.
Asiaweek said the entries of Asia's three leading businessmen in the top 10 -- Li, Idei
and Son -- show the region's power has shifted to reflect the new information economy as the Asian financial crisis is largely over.
will be tough, but Sony -- with Idei
at the helm -- is well served to
took the reigns from Norio Ohga, who relinquished that role but will remain chairman of the company.
was good at drawing a picture for a strategy but he lacked the power to carry it out.'
But I don't know what kind of status we are at in the bidding in this consortium,'' Idei
told the Foreign Correspondents Club of Japan.
Sun, who is on a five-day visit to Tokyo from Monday, is here to co-host a reception Tuesday evening with Idei
to mark the official launch of events celebrating the 30th anniversary of normalization of bilateral ties between the two nations.
At a press conference, Nobuyuki Idei
, chairman and chief executive officer of Sony, emphasized the significance of the deal, saying the broadband era ''requires ads focusing on specific targets.''
, president of Japan's Sony Corp., was selected for 1997, when the magazine launched the award.
If Sony Pictures goes public (as Sony Corp's CEO Nobuyuki Idei
has hinted), it could raise $10 billion with which to finance a CBS network acquisition.
Teruaki Aoki, Sony Corp.'s corporate senior vice president and president of the computer peripherals and components company in Tokyo, will assume the role of president and chief operating officer of Sony Electronics effective April 1, according to Nobuyuki Idei
, president of Sony Corp.