Sony is undergoing a top leadership change as CEO Kenichiro Yoshida steps down to focus on a new role. His replacement, Hiroki Totoki, will lead the company into its next phase of growth. Over the past decade, Sony has pivoted from a consumer electronics giant to a global entertainment powerhouse, investing heavily in gaming and entertainment segments that now account for more than three-fifths of revenue. Despite strong financial performance, including a 75% increase in operating profits, the company faces challenges as it dives deeper into global content battles against competitors like Netflix.
Tokyo-based analyst Mika Nishimura notes that while Sony has made significant strides, further investments are crucial to solidify its entertainment focus. Meanwhile, Hiroki Totoki brings extensive experience from within the company, ensuring continuity and a cohesive strategy moving forward.
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Source: https://www.nytimes.com/2025/01/28/business/sony-ceo-kenichiro-yoshida.html