Sony Corp. President and Chief Executive Officer Kazuo Hirai speaks during a press conference at the Sony headquarters in Tokyo, Thursday, May 22, 2014. Hirai is acknowledging the company racked up ... more 
Sony Corp. President and Chief Executive Officer Kazuo Hirai speaks during a press conference at the Sony headquarters in Tokyo, Thursday, May 22, 2014. Hirai is acknowledging the company racked up losses and will stay in the red this fiscal year mainly because it failed to act quickly, but promised to carry out reforms - once and for all. (AP Photo/Shizuo Kambayashi) less 
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Associated Press | Photo By Shizuo Kambayashi
Thu, May 22, 2014 5:21 AM EDT