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Sony

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Sony Group Corporation (TYO: 6758; NYSE: SONY) is a Japanese multinational conglomerate and one of the world's largest manufacturers of consumer and professional electronic products. Sony is also the largest video game console company and the largest video game publisher in the world (2022). Additionally, Sony Entertainment is one of the largest music publishers, the second-largest record label, and the third largest film studio (2022). Sony has been listed on the Tokyo Stock and New York Stock exchanges since 1958 and 1970, respectively. Sony generated revenue of JPY 11.5 trillion ( ~USD 85 billion ) in FY2023 (year ending March 31).

Sony operates through five main business segments. The Game & Network Services (G&NS) segment primarily includes PlayStation-related products and services (~31% of the total revenue in FY2023). The Music segment engages in music distribution and publishing (~12%). Pictures encompasses motion pictures, television productions, and media networks (~12%). The Entertainment, Technology & Services (ET&S) segment focuses on television, audio, cameras, and mobile communications (~21%). Imaging & Sensing Solutions (I&SS) specializes in the production of image sensors (~11%). The Financial Services division includes insurance and banking operations (~13%). 

The US is Sony’s largest market (~30% of total revenue in FY2023), followed by Japan and Europe. Sony’s mid-term plan for FY2022–FY2024 expects to generate three-year cumulative adjusted EBITDA of JPY 4.3 trillion. Sony aims to achieve net-zero emissions by 2040.

HQ Location:
1-7-1 Konan Minato-ku Tokyo JPN
Founded year:
1946
Employees:
10,000+
Sports & Entertainment
Transportation & Logistics
Health & Wellness
Manufacturing
Extended Reality
Extended Reality
Metaverse Experience Platforms
Metaverse Experience Platforms
Sports Tech
Sports Tech
Esports
Esports
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Recent Updates

Management news
Feb 27, 2024
Sony lays off 900 employees in PlayStation Studios; shuts down London studio which created VR titles
Extended Reality
Partnerships
Feb 22, 2024
Sony tests PlayStation VR2 headset support for PC gaming
Extended Reality
Product updates
Partnerships
Jan 9, 2024
Sony Honda Mobility launches features for new EV; incorporates Microsoft Azure OpenAI
Auto Tech
Product updates
Partnerships
Jan 9, 2024
Sony announces preview of VR headset for 3D professionals; partners with Siemens for XR design and collaboration software
Extended Reality
Product updates
Sep 29, 2023
Sony announces new PSVR 2 game releases
Extended Reality
Product updates
Jul 18, 2023
Guild Esports partners with Pixels AI
Esports
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