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Input: Tokyo (AFP) – Sony chief executive Kazuo Hirai  who led a major and successful overhaul at the Japanese electronics giant  will step down at the end of March   the firm  said Friday.
 Hirai  will become Sony chairman  filling a post that has been empty since June 2012  and will be replaced by  the company’s  current chief financial officer Kenichiro Yoshida on April 1.
“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 ”  Hirai  said in a statement.
Sony said  Hirai  had approached the board seeking to step down.
 He  said  he  was “very proud” of the company’s current financial health.
“And it excites me to hear more and more people enthuse that Sony is back again ”  he  added.
 Hirai  praised  his  successor as the “ideal person” to lead Sony going forward  saying the pair had worked closely together since 2013.

Sony CEO Hirai to step down