Sony

Sony Group Corporation
Native name
ソニーグループ株式会社
Sonī Gurūpu Kabushiki-gaisha
Formerly
  • Tokyo Tsushin Kogyo K.K. (1946–1957)
  • Sony Corporation (1958–2021)[a][1]
Company typePublic
ISINJP3435000009 Edit this on Wikidata
IndustryConglomerate
Founded7 May 1946 (1946-05-07)
Nihonbashi, Chūō, Tokyo, Japan[2]
Founders
HeadquartersSony City,
Minato, Tokyo
,
Japan
Area served
Worldwide
Key people
Products
Services
RevenueIncrease ¥12.87 trillion
(US$90.14 billion) (2024)
Increase ¥1.44 trillion
(US$10.09 billion) (2024)
Decrease ¥957.4 billion
(US$6.69 billion) (2024)
Total assetsIncrease ¥32.76 trillion (US$229.25 billion) (2024)
Total equityIncrease ¥8.04 trillion
(US$56.26 billion) (2024)
Number of employees
113,000[3] (2023)
Subsidiaries
Websitesony.com
Footnotes / references
Financials as of fiscal year ended 31 March 2021.
References:[4][5]

Sony Group Corporation[c] (formerly Tokyo Tsushin Kogyo K.K.[d] and Sony Corporation),[e] commonly known as simply Sony, is a Japanese multinational conglomerate headquartered at Sony City in Minato, Tokyo, Japan.[6] The Sony Group comprises entities such as Sony Corporation, Sony Semiconductor Solutions, Sony Entertainment (including Sony Pictures and Sony Music Group), Sony Interactive Entertainment, Sony Financial Group, and others.

Sony was established in 1946 as Tokyo Tsushin Kogyo by Masaru Ibuka and Akio Morita. This electronics company became known early on for creating products such as the transistor radio TR-55 and the home video tape recorder CV-2000, playing a noteworthy part in Japan's post-war recovery.[7] Ibuka retired from Sony in the 1970s with Morita then serving as chairman until 1994. During this period, Sony was one of the most recognized brands in the industry worldwide;[8][9][10] the company was credited for a number of innovations, notably the Trinitron color TV, the Walkman portable audio player, and co-inventing the compact disc.[11][7] It embarked on more diverse business ventures, acquiring the American CBS Records in 1988 and then Columbia Pictures in 1989, and later entering the home video game console market with PlayStation, the first of the eponymous brand. In Japan, Sony expanded into the financial sector. In 2021, Sony transformed into a holding company, handing over the name Sony Corporation to its subsidiary as the electronics company.

Sony, with its 55 percent market share in the image sensor market, is the largest manufacturer of image sensors, the second largest camera manufacturer, and is among the semiconductor sales leaders.[12][13][14] It is the world's largest player in the premium TV market for a television of at least 55 inches (140 centimeters) with a price higher than $2,500 as well as second largest TV brand by market share and, as of 2020, the third largest television manufacturer in the world by annual sales figures.[15][16][17][18]

Although not being a part of any traditional keiretsu, Sony has a weak tie to the Sumitomo Mitsui Financial Group (SMFG), which traces its roots to the Mitsui zaibatsu.[19] This connection dates back to the 1950s when it was the only bank the company dealt with.[20] Sony is listed on the Tokyo Stock Exchange (in which it is a constituent of the Nikkei 225 and TOPIX Core30 indeces) with an additional listing in the form of American depositary receipts listed in the New York Stock Exchange (traded since 1961, making it one of the oldest Japanese companies to be listed on an American exchange),[20] and was ranked 88th on the 2021 Fortune Global 500 list.[21] In 2023, the company was ranked 57th in the Forbes Global 2000.[22]


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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" – MapAddress 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. ^ Gardiner, Bryan. "As Sony's TV Business Crumbles, a Look Back at Its Most Iconic Sets". Wired. ISSN 1059-1028. Retrieved 2025-02-06.
  9. ^ Week, Marketing (2005-03-17). "Saving Sony before it falls". Marketing Week. Retrieved 2025-02-06.
  10. ^ Hays, Jeffrey. "SONY: ITS HISTORY, SUCCESS AND AKIO MORITA | Facts and Details". factsanddetails.com. Retrieved 2025-02-06.
  11. ^ Neate, Rupert (2014-12-13). "A history of Sony's successes and failures". The Guardian. ISSN 0261-3077. Retrieved 2025-02-06.
  12. ^ "Top 20 semiconductor sales leaders for Q1 2016". www.electronicspecifier.com. Archived from the original on 2020-10-28. Retrieved 2020-06-01.
  13. ^ "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.
  14. ^ "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.
  15. ^ "Global LCD TV manufacturer market share from 2008 to 2017". Statista. Archived from the original on 2020-11-24. Retrieved 2017-02-26.
  16. ^ "Samsung tops global TV market for 15th consecutive year". FlatpanelsHD. Archived from the original on 2021-05-21. Retrieved 2021-05-21.
  17. ^ 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.
  18. ^ "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.
  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. Archived (PDF) from the original on 2016-05-09.
  20. ^ a b "Chapter 12: Morita’s Eagerness Towards Direct Finance". www.sony.com. Retrieved 2024-07-14.
  21. ^ "Sony 2020 Global 500 – Fortune". Fortune. Archived from the original on 2020-12-04. Retrieved 2020-09-11.
  22. ^ "The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.

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