Title: Sony Music Entertainment Japan
Content: for the music company one morning a week. In 1980 Toshio Ozawa succeeded Ohga as president. In 1983 the company was renamed CBS/Sony Group. In January 1988, after more than a year of negotiations, Sony acquired CBS Records and the 50% of CBS/Sony Group that it did not already own. In March 1988, four wholly owned subsidiaries were folded into CBS/Sony Group: CBS/Sony Inc., Epic/Sony Records Inc., CBS/Sony Records Inc. and Sony Video Software International. The company was renamed Sony Music Entertainment (Japan), Inc. Shugo Matsuo was named new president in January 1992, replacing Toshio Ozawa, who was appointed to

Title: Akio Morita
Content: (ADRs), which are traded over-the-counter. Sony bought CBS Records Group which consisted of Columbia Records, Epic Records and other CBS labels in 1988 and Columbia Pictures Entertainment (Columbia Pictures, TriStar Pictures and others) in 1989. 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. Morita was vice chairman of the Japan Business Federation (Japan Federation of Economic Organizations), and was a member of

Title: CBS
Content: Columbia recordings outside of North America, where the Columbia name was controlled by other entities. In 1966, CBS Records was made a separate subsidiary of Columbia Broadcasting System, Inc. CBS sold the CBS Records Group to Sony on November 17, 1987, initiating the Japanese buying spree of U.S. companies (such as MCA, Pebble Beach Co., Rockefeller Center and the Empire State Building) that continued into the 1990s. The record label company was rechristened Sony Music Entertainment in 1991, as Sony had a short term license on the CBS name. Sony purchased from EMI its rights to the Columbia Records name

Title: Sony Music Entertainment Japan
Content: Japan. Sony Music Entertainment Japan was officially incorporated in March 1968 as a Tokyo-based 50/50 joint venture between Sony Corporation and U.S. conglomerate CBS to distribute the latter's music releases in Japan. The company was incorporated as CBS/Sony Records and with Sony co-founder Akio Morita as president. Norio Ohga was part of the management team from the formation of the company and served as president and representative director since April 1970. In 1972, when CBS/Sony was generating robust profits, Ohga was named chairman and at the same time gained further responsibility and influence within Sony. He would continue to work

Title: Columbia Records
Content: Masterworks Records. In 1988, the CBS Records Group, including the Columbia Records unit, was acquired by Sony, which re-christened the parent division Sony Music Entertainment in 1991. As Sony only had a temporary license on the CBS Records name, it then acquired the rights to the Columbia trademarks (Columbia Graphophone) outside the U.S., Canada, Spain (trademark owned by BMG) and Japan (Nippon Columbia) from EMI, which generally had not been used by them since the early 1970s. The CBS Records label was officially renamed Columbia Records on January 1, 1991 worldwide except Spain (where Sony got the rights in 2004

Question: Which Japanese company bought CBS records in 1988?
Answer: Sony