In this file photo dated to Apr 20, 2015, Japan's then Sony Mobile Communications president Hiroki Totoki displays the company's new smartphone "Xperia Z4" at the company's headquarters in Tokyo. (PHOTO / AFP)

Sony Group Corp said on Thursday chief financial officer Hiroki Totoki would become president and chief operating officer on April 1 while retaining his current role.

Incumbent president Kenichiro Yoshida will remain as chairman and chief executive officer.

The entertainment and electronics conglomerate will hold a news conference on its new leadership at 4:00 pm.

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Besides his role as chief financial officer in 2018, Totoki has been chief of the company's mobile phone division and head of the banking division.

Sony is set to announce its quarterly earnings results at 3:00 pm on Thursday.

The Nikkei newspaper earlier reported Totoki's intended appointment.