Former CEO Hiroshi Sato of Sato Electric was found guilty on all charges today. Sentencing is to begin next week. Mr. Sato had been accused of embezzlement and industrial espionage.
Twenty-one year old Asami Sato stepped in as CEO last week after the company stripped Mr. Sato of his position.
In a statement released to the press, the company promised to move forward with rebranding efforts and a renewed focus on pushing technology forward. In a controversial action, Ms. Sato has reached out to women in STEM fields to come and work for her company.
The company plans to reveal it's new name and logo as early as April 20th.