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Morita, Akio

Born: 1921 AD
Died: 1999 AD
Nationality: Japanese
Categories: Industrialist

1921 – Born on the 26th of January in Nagoya, Japan.

1944 – He graduated from Osaka Imperial University.

1946 – On the 7th of May, Morita and Ibuka founded Tokyo Tsushin Kogyo K. K with approximately 20 employees and initial capital of ¥190,000. Ibuka was 38 years old at the time and Morita was 25.

1949 – The company developed magnetic recording tape.

1950 – Sold the first tape recorder in Japan.

1957 – It produced a pocket-sized radio and a year later renamed itself Sony.

1960 – Produced the first transistor television in the world.

1961 – Sony Corporation of America was the first Japanese company to be listed on the New York Stock Exchange.

1966 – Morita wrote a book called Never Mind School Records, in which he stresses that school records are not important in one’s success or ability to do business.

1989 – Sony bought Columbia Pictures.

1986 – Morita wrote an autobiography titled Made in Japan.

1991 – He was famous for co-authoring the essay The Japan that Can Say No with politician Shintaro Ishihara, which criticized United States business practices and encouraged Japanese to take a more independent role in business and foreign affairs.

1999 – Died on the 3rd of October in Tokyo of pneumonia at the age of 78.