Sony

Sony Group Corporation
Native name
ソニーグループ株式会社
Sonī Gurūpu Kabushiki Kaisha
Formerly
  • Tokyo Tsushin Kogyo K.K. (1946‍–‍1957)
  • Sony Corporation (1958‍–‍2021)[a][1]
Company typePublic
ISINJP3435000009 
IndustryConglomerate
Founded7 May 1946 (1946-05-07)
Nihonbashi, Chūō, Tokyo, Japan[2]
Founders
  • Masaru Ibuka
  • Akio Morita
HeadquartersSony City,
Minato, Tokyo
,
Japan
Area served
Worldwide
Key people
  • Kenichiro Yoshida
    (Executive Chairman)
  • Hiroki Totoki
    (President and CEO)
  • Lin Tao
    (Chief Financial Officer)
Products
Services
Revenue ¥12.87 trillion
(US$90.14 billion) (2024)
¥1.44 trillion
(US$10.09 billion) (2024)
¥957.4 billion
(US$6.69 billion) (2024)
Total assets ¥32.76 trillion (US$229.25 billion) (2024)
Total equity ¥8.04 trillion
(US$56.26 billion) (2024)
Number of employees
113,000[3] (2023)
Divisions
SubsidiariesList of assets owned by Sony
Websitesony.com
Footnotes / references
Financials as of fiscal year ended 31 March 2021.
References:[4][5]

Sony Group Corporation, commonly referred to as simply Sony, is a Japanese multinational mass media & conglomerate headquartered at Sony City in Minato, Tokyo, Japan.[6] The Sony Group encompasses various businesses, including electronics (Sony Corporation), imaging and sensing (Sony Semiconductor Solutions), entertainment (Sony Pictures and Sony Music [Sony Entertainment]), video games (Sony Interactive Entertainment), finance (Sony Financial Group), and others.

Sony was founded in 1946 as initially Tokyo Tsushin Kogyo K.K.[b] by Masaru Ibuka and Akio Morita. In 1958, the company adopted the name Sony Corporation.[c] Initially an electronics firm, it gained early recognition for products such as the TR-55 transistor radio and the CV-2000 home video tape recorder, contributing significantly to Japan's post-war economic recovery.[7][8] After Ibuka's retirement in the 1970s, Morita served as chairman until 1994, overseeing Sony's rise as a global brand recognized for innovation in consumer electronics.[9] Landmark products included the Trinitron color television, the Walkman portable audio player, and the co-development of the compact disc.[7][10]

Expanding beyond electronics, Sony acquired Columbia Records in 1988 and Columbia Pictures in 1989, while also entering the home video game console market with the launch of the PlayStation in 1994. In Japan, the company further diversified by establishing a financial services division. In 2021, the company was renamed Sony Group Corporation as it transitioned into a holding company structure, with its electronics business continuing under the name Sony Corporation.

As of 2020, Sony holds a 55% share of the global image sensor market, making it the largest image sensor manufacturer,[11] the second largest camera manufacturer,[12] a semiconductor sales leader,[13] and the world's third-largest television manufacturer by sales.[14][15][16][17]

Although Sony is not part of a traditional keiretsu, it has historical ties to the Sumitomo Mitsui Financial Group, dating back to the 1950s when it relied exclusively on Mitsui Bank for financing.[18][19] Sony is publicly traded on the Tokyo Stock Exchange (a component of the Nikkei 225 and TOPIX Core30 indices) and also maintains American depositary receipts on the New York Stock Exchange, where it has been listed since 1961.[18] As of 2021, it ranked 88th on the Fortune Global 500[20] and 57th on the 2023 Forbes Global 2000 list.[21]


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  1. ^ "Change of the Sony entity for License Agreements, etc". www.sony.net. Sony Group Corporation. 2021-04-01. Archived from the original on 2023-03-18. Retrieved 2021-05-07.
  2. ^ "Sony Corporate History". sony.com. Archived from the original on 2021-04-13. Retrieved 2021-04-03.
  3. ^ "Corporate Info". Archived from the original on 2023-12-07. Retrieved 2023-12-06.
  4. ^ "Financial Statements and Consolidated Financial Results" (PDF). sony.com. SONY Corporation. Archived (PDF) from the original on 2021-05-04. Retrieved 2021-06-27.
  5. ^ "Corporate Data" (PDF). Sony Corporation. 2019-03-31. Archived (PDF) from the original on 2019-07-28. Retrieved 2019-04-03.
  6. ^ "Access & Map Archived 2021-04-16 at the Wayback Machine." Sony Global. Retrieved 2 April 2021. "1–7–1 Konan Minato-ku, Tokyo 108-0075, Japan" – Map – Address in Japanese Archived 2023-09-26 at the Wayback Machine: "〒108-0075 東京都港区港南1–7–1"
  7. ^ a b Sterngold, James (1997-12-20). "Masaru Ibuka, 89, Engineer And Sony Co-Founder, Dies". The New York Times. ISSN 0362-4331. Retrieved 2025-02-06.
  8. ^ Week, Marketing (2005-03-17). "Saving Sony before it falls". Marketing Week. Retrieved 2025-02-06.
  9. ^ Gardiner, Bryan. "As Sony's TV Business Crumbles, a Look Back at Its Most Iconic Sets". Wired. ISSN 1059-1028. Retrieved 2025-02-06.
  10. ^ Neate, Rupert (2014-12-13). "A history of Sony's successes and failures". The Guardian. ISSN 0261-3077. Retrieved 2025-02-06.
  11. ^ "Sony's key image sensor business hit by smartphone market decline". Nikkei Asian Review. Archived from the original on 2021-02-17. Retrieved 2020-09-01.
  12. ^ "2019 Market Share Data Shows Canon and Sony Growing, Nikon Shrinking | PetaPixel". petapixel.com. 2020-08-14. Archived from the original on 2021-04-16. Retrieved 2021-05-21.
  13. ^ "Top 20 semiconductor sales leaders for Q1 2016". www.electronicspecifier.com. Retrieved 2020-06-01.
  14. ^ "Global LCD TV manufacturer market share from 2008 to 2017". Statista. Archived from the original on 2020-11-24. Retrieved 2017-02-26.
  15. ^ "Samsung tops global TV market for 15th consecutive year". FlatpanelsHD. 2021-02-02. Archived from the original on 2021-05-21. Retrieved 2021-05-21.
  16. ^ Alekseenko, Artem (2021-03-04). "LG and Sony Led OLED TV Gains in Advanced TV Market in Q4". DisplayDaily. Archived from the original on 2022-06-24. Retrieved 2021-05-21.
  17. ^ "How Samsung fell behind Sony and LG in the premium TV market". Reuters. 2018-05-02. Archived from the original on 2020-11-19. Retrieved 2020-06-01.
  18. ^ a b "Chapter 12: Morita's Eagerness Towards Direct Finance". www.sony.com. Retrieved 2024-07-14.
  19. ^ Morck, R. K.; Nakamura, M. (2005). "A Frog in a Well Knows Nothing of the Ocean: A History of Corporate Ownership in Japan" (PDF). In Morck, Randall K. (ed.). A History of Corporate Governance around the World: Family Business Groups to Professional Managers. University of Chicago Press. pp. 367–466. ISBN 0-226-53680-7.
  20. ^ "Sony 2020 Global 500 – Fortune". Fortune. Retrieved 2020-09-11.
  21. ^ "The Global 2000 2023". Forbes. Retrieved 2024-02-07.
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