Hiroki Totoki, the newly-appointed chairman of Sony Interactive Entertainment, has admitted during the hardware manufacturer’s latest earnings call overnight that he feels there is ‘room for improvement’ when it comes to the business side of things among Sony studios.
The executive, who will be taking on the role of interim CEO of SIE following the departure of Jim Ryan on April 1, 2024, offered his thoughts on his first four months of working directly with the company, which involved attending management meetings and visiting PlayStation’s various development outfits.
It’s been about four months [since I became Chairman] and I’m trying to demonstrate leadership and have as many meetings as possible with the management team I’ve also visited studios, and everyone is working really hard to fulfil their responsibility to try to optimise the business, and I understand that.
But overall growth and sustainable profitability for increasing margins… how will that translate to these goals? I don’t think people understand that deeply. I think that is the problem of the organisation.
So, as far as I’m concerned, I try to understand what is happening in the company, in the industry, and also from the perspective of analysts, and try to explain that in a transparent manner so that people can recognise and notice these issues so that we can have a harmonised approach going forward.
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People who work in the studios have very high motivation. They’re very highly motivated, they’re very good people, and they have great creative minds and knowledge of live streaming.
However, having said that, when it comes to the business, I think there is room for improvement. And that’s to do with how to use money, the schedule of development and how to fulfil one’s accountability towards development – those are my frank impressions. I will continue to engage in dialogue with the people so that we can find the right way to proceed.
[Source – VGC]