Sony Corporation (ADR) (NYSE:SNE) got a good boost from the move of a US hedge fund called on the firm to sell off part of its entertainment unit, in a singular offer by a foreign investor to infiltrate Japan’s staid corporate culture.

The hedge fund firm Third Point has been buildup a stake in Sony, Daniel Loeb planned selling off as much as 20% of the Japanese giant’s entertainment arm, which comprises profitable movie and music divisions.

Loeb identified for his antagonistic style in forcing modify at targeted companies said he supported CEO Kazuo Hirai’s offer to unexpected result one of Japan Inc.’s best-known names.

Loeb stated in a letter to Hirai dated May 14 that since attractive the helm as CEO (previous year), their stated commitment to reinvigorating the firm has given them hope that Sony is entering a new era.

However, for Sony to modify, Sony must focus.

The call approaches as foreign investors take a converted interest in Japan with Tokyo’s pledge to stoke the country’s long-stagnant economy serving to send the benchmark Nikkei 225 index soaring to in excess of five-year highs.

Previous week, Sony announced that its first annual net profit in 5 years, even though it was mainly driven by a weakening of the yen which facilitates increase the value of its repatriated foreign income and a string of asset sales counting unloading its Manhattan headquarters.

Hirai has released that what he called an urgent reorganization plan, including thousands of layoffs, as Sony continued to large losses in its poorly television and consumer electronics unit sales.

Sony would persist positive dialogue with their shareholders as they follow their strategy, but he articulated that the entertainment businesses are significant contributors to Sony’s growth and are not for sale.