Kazou Hirai announced to step down as Sony President and CEO

What’s Up PlayStation Nation,

Today provides some bittersweet news In a surprising turn of events it has been reported via press release of PlayStation’s recent finacial report  that the PlayStation 4 sales has reached 76.5 million sales, alongside that Kaz Harai has announced he will be stepping down as CEO of Sony Corporation. Sony has announced that Kenichiro Yoshida will assume Kaz’s soon to be former role and will be taking over as of April 1st, 2018. Even though Kaz will be stepping down as CEO, Mr. Hirai will remain in the company, retaining the Director and Chairman roles once April hits.

As it has been detailed in an official press statement Kaz Harai and Kenichiro provided statements to the recent news which is detailed below:

Kazou Harai States:

“Ever since my appointment as President and CEO in April 2012, I have stated that my mission is to ensure Sony continues to be a company that provides customers with kando – to move them emotionally – and inspires and fulfills their curiosity. To this end, I have dedicated myself to transforming the company and enhancing its profitability, and am very proud that now, in the third and final year of our current mid-range corporate plan, we are expecting to exceed our financial targets. And it excites me to hear more and more people enthuse that Sony is back again. As the company approaches a crucial juncture, when we will embark on a new mid-range plan, I consider this to be the ideal time to pass the baton of leadership to new management, for the future of Sony and also for myself to embark on a new chapter in my life. My successor, Kenichiro Yoshida, has supported me closely since returning to Sony in December 2013 , contributing extensively beyond his remit as CFO and acting as valuable confidant and business partner, as we took on the challenge of transforming Sony together. Mr. Yoshida combines a deeply strategic mindset with a relentless determination to achieve defined targets, and the ability to take a global viewpoint. I believe he possesses the breadth of experience and perspective, as well as the unwavering leadership qualities required to manage Sony’s diverse array of businesses, and as such is the ideal person to drive the company forward into the future. As Chairman, I will of course offer my full support to Mr. Yoshida and the new management team, and do all I can to facilitate a smooth transition and ensure their future success.”

Kenichiro Yoshida States:

“I am very grateful to Kazuo Hirai and the Sony Board for their trust and confidence in appointing me as Sony President and CEO, and at the same time feel a great sense of responsibility in taking on this vitally important role. Together with the outstanding talent we have across the Sony Group, I will aim to build on the business foundations established by Mr. Hirai, and execute further reform measures that enhance our competitiveness as a global enterprise, and enable us to realize long-term profit growth. My first priority will be to finalize our next mid-range corporate plan starting in April, together with our immediate business plan for the fiscal year 2018, and then move ahead swiftly with implementation. This is a hugely exciting time at Sony as we look to our future, and together with my management team I intend to determine the best path for us to move forward, and devote my full effort to creating a better Sony that captures the imagination of our many stakeholders around the world.”

(Editors Opinion: This is definitely unexpected news as it has caught me off guard in terms of expected news. However it does make sense as such a high level position can be tiring considering that he has to travel on the constant and stay away from family. Not only that he has maintain and manage many branches of the Sony Corp. Which he has done a great job at. However it does leave many fans of the brand a bit worried and questioning will the transitioning team be able to maintain the same level of quality that many of us PlayStation fans have come to love. Not only that it leaves the question of will we experience a shift in gaming output. One can only hope that things will continue to prosper and grow. Kazou Harai is one of many parts that are responsible for turning around the perception of the PlayStation brand. But we will see how this is will manifest going into the PS5 and so forth. Does it worry fans who closely follow the PlayStation Brand? I believe it does. But we will see how things will evolve over time. We look forward to see how the PlayStation name will evolve going forward.)

What do you think of this news. Are you concerned with the outcome of this news? What would you like to see from the PlayStation brand in the future? Comment below let us know for news like this and more make sure to keep us bookmarked. And make sure to check back with us here at What’s Up PlayStation.