Morita, Akio - from Japan
Country of meeting: in the year 1978
Was a Japanese businessman and co-founder of Sony along with Masaru Ibuka. In 1960, the Sony Corporation of America (SONAM, currently abbreviated as SCA) was established in the United States. In 1961, Sony Corporation was the first Japanese company to be listed on the New York Stock Exchange, in the form of American depositary receipts (ADRs), which are traded over-the-counter. Sony bought CBS Records Group which consisted of Columbia Records, Epic Records and other CBS labels in 1988 and Columbia Pictures Entertainment (Columbia Pictures, TriStar Pictures and others) in 1989.
On November 25, 1994, Morita stepped down as Sony chairman after suffering a cerebral hemorrhage while playing tennis. He was succeeded by Norio Ohga, who had joined the company in the 1950s after sending Morita a letter denouncing the poor quality of the company's tape recorders.
Morita was vice chairman of the Japan Business Federation (Japan Federation of Economic Organizations), and was a member of the Japan-U.S. Economic Relations Group, also known as the "Wise Men's Group". He was also the third Japanese chairman of the Trilateral Commission. His amateur radio call sign is JP1DPJ.
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