Kazuo Hirai News

Under Hirai, who became CEO in 2012, the company has cut thousands of jobs and withdrawn from or cut back in areas such as PCs and TVs.

Sony posted a $1.4 billion annual profit Thursday, boosted by strong sales of its PlayStation console, but analysts warned that slowing smartphone demand could hit a lucrative business that makes key parts for mobile devices.

Sony Corp aims to boost its operating profit 25-fold within three years by focusing on its more profitable image sensors, videogame and entertainment businesses, its chief executive said on Wednesday.

Sony Corp Chief Executive Kazuo Hirai does not see the November cyber attack on Sony Pictures Entertainment causing major upheaval in the studio`s business.

Sony CEO Kazuo Hirai has broken his silence on the hacking of the corporation`s computer systems which has been blamed on North Korea, describing the attack as "vicious and malicious".

Hirai, speaking to reporters, said Sony had aimed to expand the mobile division, but was now revising its strategy.

Hirai has repeatedly said since then that retaining full ownership of the entertainment unit is important for synergy across Sony.