"A lot of young people buy songs that they hear and love on streaming services," Michinori Mizuno, Sony Music CEO, told Nikkei.
Sony, which innovated music listening with the creation of the Walkman and was a digital music pioneer that helped develop the CD in 1982, also rolled out a new turntable last year.
Sony will release records from its artists, older songs to which it owns the rights and take orders from outside labels.
In a time when Spotify, Apple Music and digital downloads engulf music sales, record sales continue to see increases and facilities are struggling to meet demand.
There were 17.2 million records shipped to the U.S. last year, and 70 percent of them were purchased by people 35 years old and younger, according to Nikkei.
About the Author