
TOKYO -- As CEO Kenichiro Yoshida sees it, Sony's name change to Sony Group reflects a transformation in progress that will turn a hardware maker known for electronics innovations into a multi-faceted conglomerate.
"We are splitting off the remaining electronics elements from Sony's headquarters and having it focus on managing the group," Yoshida said, explaining the goal of a reorganization announced last week that will change the company's name for the first time in six decades to Sony Group.