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Sharp's new president

TOKYO, Japan - Sharp Corp. President Takashi Okuda (L) and Executive Vice President Kozo Takahashi shake hands during a press conference in Tokyo on May 14, 2013. Takahashi will be promoted to president replacing Okuda.

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Sharp's new president

TOKYO, Japan - Sharp Corp. Executive Vice President Kozo Takahashi (R) speaks during a press conference in Tokyo on May 14, 2013. Takahashi will be promoted to president, replacing Takashi Okuda (L).

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Sharp's new president

TOKYO, Japan - Sharp Corp. Executive Vice President Kozo Takahashi answers questions during a press conference on the company's earnings, in Tokyo on May 14, 2013. Sharp said Takahashi will be promoted to president, replacing Takashi Okuda.

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Sharp President Okuda

TOKYO, Japan - Sharp Corp. President Takashi Okuda attends a press conference in Tokyo's Chiyoda Ward on Feb. 1, 2013, on the company's earnings for the October-December period. The struggling electronics maker posted a group operating profit of 2.6 billion yen during the quarter, returning to the black for the first time in five quarters, due partly to the improvement of its liquid crystal display business as well as restructuring efforts.

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Sharp to shift to customer-oriented business model

OSAKA, Japan - Takashi Okuda, president of major electronics maker Sharp Corp., speaks with reporters in Osaka on Jan. 7, 2013. Okuda said Sharp plans to shift to a customer-oriented business model in 2013 in an effort to recover from its business crisis.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp foresees record net loss

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on Nov. 1, 2012. Sharp announced it expects to post its largest-ever group net loss of 450 billion yen for fiscal 2012 to March 31, 2013, due mainly to its flagging television business.

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Sharp to slash 5,000 jobs

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks at a press conference in Tokyo on Aug. 2, 2012. Okuda said Sharp will slash 5,000 jobs, or 9 percent of its global workforce, by the end of March 2013 to turn around its business, hit hard by a slump in its television business.

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Sharp to slash 5,000 jobs

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks at a press conference in Tokyo on Aug. 2, 2012. Okuda said Sharp will slash 5,000 jobs, or 9 percent of its global workforce, by the end of March 2013 to turn around its business, hit hard by a slump in its television business.

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Sharp to slash 5,000 jobs

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks at a press conference in Tokyo on Aug. 2, 2012. Okuda said Sharp will slash 5,000 jobs, or 9 percent of its global workforce, by the end of March 2013 to turn around its business, hit hard by a slump in its television business.

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Sharp shareholders' meeting

OSAKA, Japan - Photo captured from a video monitor shows Sharp Corp. President Takashi Okuda speaking during a shareholders' meeting in Osaka on June 26, 2012. Okuda said Sharp has no plan to accept additional investment from Taiwan's Hon Hai Precision Industry Group, which will buy a 9.9 percent stake in the Japanese electronics manufacturer.

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Sharp to partner with Hon Hai in smartphone business in China

TOKYO, Japan - Sharp Corp. President Takashi Okuda speaks during a press conference in Tokyo on June 8, 2012. Sharp will cooperate with its capital alliance partner Hon Hai Precision Industry Co. of Taiwan in the smartphone business in China, aiming to launch products there in the business year starting April 2013 and expand the scope of their capital and business tie-up.

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Sharp to form alliance with Taiwan's Hon Hai group

TOKYO, Japan - Takashi Okuda, executive managing officer of Sharp Corp., who will become the company's president on April 1, speaks at a news conference at a hotel in Tokyo on March 27, 2012. The company said the same day it will form a capital and business alliance with Taiwan's Hon Hai Precision Industry Co., the world's biggest contract supplier of electronics products and known for its Foxconn brand, to rebuild its liquid crystal display panel business.

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., and Mikio Katayama, president of the company, shake hands after holding a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace Katayama, on April 1. Katayama will step aside to become chairman.

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., answers a reporter's question during a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama (L), on April 1. Katayama will step aside to become chairman.

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., answers a reporter's question during a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama (L), on April 1. Katayama will step aside to become chairman.

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda, executive managing officer of Sharp Corp., holds a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama, on April 1.

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Business leaders meet the press

TOKYO, Japan - (From L to R) Yotaro Kobayashi, chairman of the Japan Association of Corporate Executives, Takashi Imai, chairman of the Federation of Economic Organizations, Hiroshi Okuda, chairman of the Japan Federation of Employers' Associations, and Nobuo Yamaguchi, chairman of the Japan Chamber of Commerce and Industry, meet the press after a New Year party in Tokyo on Jan. 7.

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Okuda selected to lead new merged business lobby

TOKYO, Japan - The chairmen of two of Japan's major business groups -- Takashi Imai of the Federation of Economic Organizations (Keidanren) (L) and Hiroshi Okuda of the Japan Federation of Employers Association (Nikkeiren) -- shake hands at a press conference in Tokyo on Nov. 12. They announced the two organizations will merge next May into a new entity, the Japan Business Federation, with Okuda, chairman of Toyota Motor Corp., to serve as its first chairman.

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New business body to be launched

TOKYO, Japan - Hiroshi Okuda (L), chairman of the Federation of Employers Associations (Nikkeiren), and Takashi Imai (C), chairman of the Federation of Economic Organizations (Keidanren), are seated next to each other at a joint meeting of the two organizations in Tokyo on June 20. Keidanren and Nikkeiren agreed to launch a new organization, Japan Business Federation (JBF), through their merger in May 2002.

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Business leaders confident about 1.7% growth

TOKYO, Japan - Japan's top four industrial bosses give a joint news conference at a Tokyo hotel Jan. 5. (From L to R) Kosaku Inaba, head of the Japan Chamber of Commerce and Industry, Takashi Imai, head of the Federation of Economic Organizations (Keidanren), Hiroshi Okuda, chief of the Japan Federation of Employers Associations (Nikkeiren), and Yotaro Kobayashi, chief of the Japan Association of Corporate Executives (Keizai Doyukai).

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Okuda selected to lead new merged business lobby

TOKYO, Japan - The chairmen of two of Japan's major business groups -- Takashi Imai of the Federation of Economic Organizations (Keidanren) (L) and Hiroshi Okuda of the Japan Federation of Employers Association (Nikkeiren) -- shake hands at a press conference in Tokyo on Nov. 12. They announced the two organizations will merge next May into a new entity, the Japan Business Federation, with Okuda, chairman of Toyota Motor Corp., to serve as its first chairman.

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Business leaders meet the press

TOKYO, Japan - (From L to R) Yotaro Kobayashi, chairman of the Japan Association of Corporate Executives, Takashi Imai, chairman of the Federation of Economic Organizations, Hiroshi Okuda, chairman of the Japan Federation of Employers' Associations, and Nobuo Yamaguchi, chairman of the Japan Chamber of Commerce and Industry, meet the press after a New Year party in Tokyo on Jan. 7.

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Sharp to form alliance with Taiwan's Hon Hai group

TOKYO, Japan - Takashi Okuda, executive managing officer of Sharp Corp., who will become the company's president on April 1, speaks at a news conference at a hotel in Tokyo on March 27, 2012. The company said the same day it will form a capital and business alliance with Taiwan's Hon Hai Precision Industry Co., the world's biggest contract supplier of electronics products and known for its Foxconn brand, to rebuild its liquid crystal display panel business. (Kyodo)

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., and Mikio Katayama, president of the company, shake hands after holding a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace Katayama, on April 1. Katayama will step aside to become chairman. (Kyodo)

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., answers a reporter's question during a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama (L), on April 1. Katayama will step aside to become chairman. (Kyodo)

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda (R), executive managing officer of Sharp Corp., answers a reporter's question during a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama (L), on April 1. Katayama will step aside to become chairman. (Kyodo)

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Sharp names director Okuda as president

OSAKA, Japan - Takashi Okuda, executive managing officer of Sharp Corp., holds a press conference at a hotel in Osaka on March 14, 2012. The Japanese electronics maker said the same day that Okuda will replace its current president, Mikio Katayama, on April 1. (Kyodo)

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Business leaders confident about 1.7% growth

TOKYO, Japan - Japan's top four industrial bosses give a joint news conference at a Tokyo hotel Jan. 5. (From L to R) Kosaku Inaba, head of the Japan Chamber of Commerce and Industry, Takashi Imai, head of the Federation of Economic Organizations (Keidanren), Hiroshi Okuda, chief of the Japan Federation of Employers Associations (Nikkeiren), and Yotaro Kobayashi, chief of the Japan Association of Corporate Executives (Keizai Doyukai).

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Business leaders expect info industry to spur economy

TOKYO, Japan - Leaders of Japan's four main business groups hold a news conference in Tokyo on Jan. 5 after attending a New Year's reception. Some said they expect the Japanese economy to be on a recovery track by the latter half of this year, led by vigorous business and investment in information technology-related sectors. Photo shows (from L to R) Yotaro Kobayashi, chairman of the Japan Association of Corporate Executives, Takashi Imai, chairman of the Federation of Economic Organizations, Kosaku Inaba, chairman of the Japan Chamber of Commerce and Industry, and Hiroshi Okuda, chairman of the Japan Federation of Employers Associations.