Thursday, May 19, 2011

The Major Decision Maker behind Sony, Ex-President and Chairman Ohga, Who Passes Away At The Age Of 81

Image representing Sony as depicted in CrunchBaseImage via CrunchBase
Sony has reported the dismayed news of passing away of Norio Ohga, who was not only the current Chariman of the company but also a previous President for more than a decade. He was a true legend for the company as he did not pursue career as an opera singer, and rather decided to give full dedication and made his name in the consumer electronics industry. He began his career way back in 1950s, when the industry was just new-born, and then maneuvered its way into movies and video games. The 81-years-old legend passed away on this Saturday according to the company officials.
Ohga was designated as the honorable president of Sony in 1982, as his regime sprawled till 1995. It has in his services that Sony made few of the most profitable and well-time acquisition and became this giant company, the first purchase was of Columbia Pictures back in 1989 for $3.4 billion. This was the height of the Japan's economic dominance, and the time when plenty of Japanese companies, which remained dominant in their relevant industries worldwide, were expanded to their maximum capacity and buying profitable assets.

Also to his list of achievement was the master of technology development of the compact disc, which Sony implemented on a large scale into music industry. This also was a vital key, to the reasons behind, their acquisition of that times one of the largest record label like CBS Records. It was also during the presidency of Ohga that Sony entered and also topped the market of home video game business, which ultimately resulted in its divine products like PlayStation.
He was also one of the key decision makers, when Sony acquired a movie studio, which came to be known as Sony Pictures and somewhat has remained controversial till now, as suspicions were raised now and then regarding the possibility of selling the studio back-off. Even right before the time of his death, Ohga was a constant senior adviser to the company.
Ohga actually gave up his post for the president in 1995, as he was again followed by Nobuyuki Idei, while he did sustained and well-used his position as the chairman and representative director to the company up till 2000. After his quitting, or less involvement in the decision making of the company, large-scale competition has led the company significantly lower in market position. It has somewhat taken the second place in video games as Nintendo launched an even more popular gaming console. Whereas, Apple did also steal the entire market for portable music along with the South Korea's Samsung Electronics which has now become dominant in the sales of flat-screen TVs. All these areas were once single-handedly dominated by Sony exclusively.
The cause of Ohga's death was multiple organ failure, Sony said.

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