Hiroki Totoki, the chief financial officer at Sony Group Corp., was announced as assuming the roles of president and chief operations officer on April 1. Kenichiro Yoshida, the current president, will continue in his roles as chairman and CEO.
At 4:00 pm, the entertainment and electronics conglomerate will conduct a press conference to announce its new management.Totoki has served as the company's head of the banking business in addition to his position as chief financial officer in 2018.
At 3:00 p.m., Sony is scheduled to release its quarterly earnings results.
The expected hiring of Totoki was previously announced by the Nikkei newspaper.
A Japanese global conglomerate corporation with its headquarters in Minato, Tokyo, Sony Group Corporation is sometimes referred to as Sony Corporation, simply as Sony, styled as SONY, and simply as Sony Group Corp.
As a significant player in the technology industry, it serves as one of the biggest producers of consumer and business electronics, the biggest console maker, and the biggest publisher of video games.
It is one of the biggest music corporations through Sony Entertainment Inc., and it is also one of the biggest media organisations overall thanks to its third-largest film studio, largest music publisher, and largest record label. It is Japan's biggest media and technology company. It is regarded as the Japanese firm with the most cash.