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AKIO MORITO
Morito's family was involved in production of sake, miso and soy sauce since 1665 . His father Kyuzaemon trained him as a child to take over the family business. In 1944 he graduated from Osaka Imperial University with a degree in physics.
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Vice chairman of the Japan Federation of Economic Organizations . A member of the Japan-U.S. Economic Relations Group, also known as the "Wise Men's Group".
Impact of Second World War . Peace after the war. Learning Curve of the Author.
On May 7, 1946, Morita and Ibuka founded Tokyo Telecommunications Engineering Corporation, the forerunner of Sony Corporation. It started about 20 employees and initial capital of 190,000 . In 1949, the company developed magnetic recording tape and in 1950, sold the first tape recorder in Japan.
In 1957, it produced a pocket-sized radio (the first to be fully transistorized) in 1958, Morita and Ibuka decided to rename their company Sony . Morita made his employees wear shirts with slightly larger pockets to give the radio a "pocket sized" appearance.
In 1975, it released the first Betamax home video recorder. In 1979, the Walkman was introduced, making it the world's first portable music player. In 1984, Sony launched the Discman series.
KEY LEARNING
EXPECTATION
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