Wednesday Jan 26, 1921 to Sunday Oct 3, 1999
JapanAkio Morita was a Japanese businessman and co-founder of Sony along with Masaru Ibuka.
In 1944 he graduated from Osaka Imperial University with a degree in physics. He was later commissioned as a sub-lieutenant in the Imperial Japanese Navy, and served in World War II. During his service, Morita met his future business partner Masaru Ibuka in the Navy's Wartime Research Committee.
On May 7, 1946, Ibuka founded Tokyo Tsushin Kogyo Kabushiki Kaisha (Tokyo Telecommunications Engineering Corporation, the forerunner of Sony Corporation) with about 20 employees and initial capital of ¥190,000. Ibuka was 38 years old. Morita, 25 years old joined Tokyo Tsushin Kogyo Kabushiki Kaisha shortly after its inception, with Morita's family investing in Sony during the early period and being the largest shareholder.
On November 25, 1994, Morita stepped down as Sony chairman after suffering a cerebral hemorrhage while playing tennis. He was succeeded by Norio Ohga, who had joined the company in the 1950s after sending Morita a letter denouncing the poor quality of the company's tape recorders.