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As part of recent restructuring and cost-cutting efforts, Sony's Computer Entertainment (SCE) division will merge its Asian and Japanese operations into a single entity. The company said that it would result in a new management unit, with SCE Japan president Hiroshi Kawano taking the helm and the Asian unit's ex-chief, Hiroyuki Oda becoming his deputy. Departments like marketing and finance will also merge in an effort to save cash, as the company hopes to stanch all the recent bleeding and try to make its fiscal 2012 a throwback to the glory days.