Page "Akio Morita" Paragraph 2

On May 7, 1946, Morita and 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.

Morita's family invested in Sony during the early period and was the largest shareholder.