Kazuo Hirai is the President and CEO of Sony Corporation. He has over 30 years of experience in the music and video game industries at Sony. Hirai began his career at Sony Music Entertainment Japan in 1984 and held various marketing and management roles there. In 1995, he joined Sony Computer Entertainment America to oversee their video game business. He later became President of Sony Computer Entertainment, overseeing its global operations. In 2012, Hirai was appointed President and CEO of Sony Corporation, taking over from Howard Stringer.

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THOUGHT OF THE DAY
THOUGHT OF THE DAY
“Be who you are and say what you feel, because those who
mind don’t matter and those who matter don’t mind.”
Law Updates:
• Taxability of royalty is dependent on payment by resident of a
contracting state and receipt of same by resident of other contracting
state; Unless actual payment takes place, taxability under article 13
of Indo-Italian DTAA does not arise: Ahmedabad Tribunal.
• Removal of director without following the provision of the Cos. Act
is an act of oppression: NCLT Guwahati.
• ITAT disallows HRA exemption for rent paid to mother: Mumbai
Tribunal.
PROFESSIONALS INPUTS:
• Forms CHG-1, CHG-4 and CHG-9 are likely to be revised w. e. f.
10th April, 2017 wherein certain declarations and field level
changes have been incorporated to capture details viz. (i) ranking of
charges, (ii) particulars of the principal terms and conditions of the
charge, (iii) particulars of the property or asset(s) charged
(including complete address and location of the property), (iv)
description of document by which the borrower/third party acquired
the title etc.
• SEBI vide Circular no. SEBI/HO/MIRSD/MIRSD4/CIR/P/2017/28
dated 31st
March 2017 has issued Enhanced Standards for Credit
Rating Agencies (CRAs).
• CBEC dated 31st
March 2017 has released Second Edition of FAQ’s
on Goods & Services Tax (GST).
MARKET WATCH:
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SILVER: 42193.00 46.00 GOLD (MCX): 28500.00 -42.00
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Date: 03rd
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Kaz Hirai
President and CEO of Sony Corporation
Kaz Hirai, born December 22, 1960 is a Japanese businessman who is the President and CEO
of Sony Corporation. He also serves as a board member of Sony Interactive Entertainment and
chairman and Co-CEO of Sony Entertainment. He was noted by Entertainment Weekly as one
of the most powerful executives in the entertainment industry. Hirai became the President and
CEO of Sony on April 1, 2012.
Early life and Education
Kazuo Hirai was born in 1960 in Tokyo, Japan, where he attended the American School in Japan. Between 1973 and 1976,
Hirai attended Valley Park Middle School in Toronto. The son of a wealthy banker, Hirai often traveled with his father
across the world to California, New York, and Canada and around Japan — a trait which Hirai noted to be a major factor in
his later multi-continental business success.
It was his interest in games that later brought him into the entertainment business. After graduating from the International
Christian University in August 1984 with a Bachelor of Liberal Arts degree, Hirai was hired at CBS/Sony Inc. (now Sony
Music Entertainment (Japan) Inc.), where he was involved in marketing international music within Japan. He eventually
became head of Sony Computer Entertainment Japan's international business affairs office in New York.
Career
Kazuo Hirai began his career with Sony Music Entertainment Japan in 1984, starting out in CBS/Sony Inc.'s (now Sony
Music Entertainment Japan) marketing department. Afterwards, becoming the head of Sony's international business affairs
department. He then moved to Sony Music Japan’s New York office, leading the marketing of Sony Music Japan artists in
the U.S.
In August 1995, Hirai joined Sony's computer and video game division, Sony Computer Entertainment America. Two
years later, in 1997, Hirai was credited on his first completed video game. With the release of the PlayStation 2 in 2000,
Kazuo continued his success, utilizing second-party video game franchises such as Jak and Daxter, Ratchet & Clank, Sly
Cooper, and SOCOM: U.S. Navy SEALs series of games. Under his leadership, SCEA continually managed to retain high
profits throughout the sixth-generation era.
On July 3, 2006, Sony Computer Entertainment announced that Hirai had been made a vice president of its corporate
executive group. On November 30, 2006, just under two weeks after the launch of PlayStation 3, Hirai replaced Ken
Kutaragi as President of Sony Computer Entertainment. While maintaining his positions at SCEA, Hirai also became chief
operating officer of SCEI. Kutaragi himself was promoted to chairman of SCEI, and remained chief executive officer of
the group. On April 26, 2007, it was announced that Hirai will be promoted to President and Group CEO of SCEI,
replacing Ken Kutaragi who would retire and instead take up the role of Honorary Chairman.
On April 1, 2009, Sony’s electronics and game businesses were merged and reconfigured as two major groups: the
Consumer Products & Devices Group (CPDG) and the Networked Products & Services Group (NPSG). Hirai was
appointed as Corporate Executive Officer and Executive Vice President of Sony Corporation, concurrently serving as
president of the NPSG. He has overseen all development, production and marketing activities at the NPSG, comprising
Sony's game (i.e. SCEI & Sony Online Entertainment), personal computer (VAIO), mobile devices (including Walkman
and Xperia) and network service (Sony Entertainment Network, including online distributions of music, video, games,
eBooks, etc.) businesses and new business incubation projects. Hirai became Chairman of Sony Computer Entertainment
on September 1, 2011 and was replaced by Andrew House as President and Group CEO. He retired as Chairman of SCEI
on June 25, 2012 but remains on the board of directors.
On April 1, 2011, Hirai was promoted to Representative Corporate Executive Officer and Executive Deputy President of
Sony Corporation. He oversaw the Consumer Products & Services Group. Hirai was speculated to become the successor to
Howard Stringer, the current sitting president and CEO of Sony Corporation, who was then expected to step down in 2013.
On February 1, 2012, Sony announced that Hirai has been appointed as President and Chief Executive Officer, effective
April 1, 2012. He was appointed to the Board at the annual shareholders meeting on June 27, 2012.