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Sony Incoming CEO Plans to Accelerate Restructuring, FT Reports

Sony Corp. (6758) incoming Chief Executive Officer Kazuo Hirai will accelerate plans to scale back its loss-making manufacturing business and focus more on software and content, the Financial Times reported.

Hirai, who will take the helm in April, told the newspaper the restructuring must happen quickly and warned some decisions won’t be popular, according to the FT.

To contact the reporter on this story: Sarah Shannon in London at sshannon4@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

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