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Companies

Sony's Hirai eschewed Band-Aid solutions to heal earnings

The former president forced a reality check with drastic restructuring

Sony CEO Kazuo Hirai speaks at a press conference in June 2016.

TOKYO -- When Kazuo Hirai took the helm at Sony in June 2012, the company had just posted a record net loss. Six years later, Hirai has passed control to his right-hand man, Kenichiro Yoshida, with the electronics maker set to log a record operating profit. Hirai's refusal to kick problems down the road is a big reason why.

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