Uncovering Sony’s Net Worth: A Closer Look At The Multinational Conglomerate
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Sony Net Worth in 2023
IntroductionSony Corporation is a multinational conglomerate headquartered in Tokyo, Japan.
It’s one of the world’s most recognizable brands and has become synonymous with innovation, creativity and quality products.
But what many people don’t know is just how much money Sony makes every year or how valuable its assets truly are.
Let’s take a closer look at Sony’s net worth to get an idea of what lies beneath the surface.
Total Assets & EquityThe total assets owned by Sony as of December 2019 were ¥18 trillion (about $170 billion USD).
This included both tangible (e.
, cash and securities) and intangible (e.
, patents) properties that could be sold if necessary in order to generate funds for operations or investments into new technologies or product lines.
In addition, the company had about ¥7 trillion ($64 billion USD) in equity which can be used for acquisitions when needed.
Revenue & ProfitsIn terms of revenue, Sony made over ¥8 trillion ($73 billion USD) in 2018 alone from sales across all its divisions including electronics, home entertainment, music publishing/recording and professional services among others.
The company was also able to record profits totaling over ¥600 billion ($5 billion USD), mostly thanks to cost-cutting measures implemented since 2012.
Market Cap & Stock PerformanceAs far as market capitalization goes, it currently stands at around $60 billion USD making it one of the largest companies listed on Japanese stock exchanges such as the Nikkei 225 index or Tokyo Stock Exchange Mothers Indexes which include stocks from some of Japan’s top tech firms like Softbank Group Corp.
When looking at share price performance this past year however we see that there have been some bumps along the way but overall it hasn’t been too bad considering current economic conditions worldwide.
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