Sony Corp Chief Executive Kazuo Hirai said he wants to resume dividend payments to shareholders when he succeeds in turning the company around, instead of rushing payouts. Sony said in September that it was scrapping dividends for the first time since going public due to weak mobile phone sales. "The logic is that we want to resume payouts as a result of reforms, rather than rushing." As part of its restructuring, Sony has also spun off its TV business and said last week it would also split off its audio and video business as part of a new strategy to encourage greater autonomy of its subsidiaries.
via Tech News Headlines - Yahoo News http://ift.tt/1LFu0Io
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