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Sony CEO's Annual Pay Rises as Company Sets Name Change

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Sony CEO Kenichiro Yoshida's annual pay rose 14 percent in yen terms. The Japanese entertainment and consumer electronics giant in a Friday regulatory filing disclosed that his pay for the latest fiscal year increased from ￥397 million to ￥454 million.

In dollar terms, he earned $4.25 million using current exchange rates, up 16 percent compared with the previous year's $3.67 million when applying the exchange rate at the time.

Yoshida's base salary rose from $1.47 million (￥160 million) to $1.64 million (￥175 million), while his performance bonus rose from $2.20 million (￥237 million) to $2.61 million (￥279 million), according to a regulatory filing made by Sony.

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