Inside Bar (Bearish)
|Bid||95.20 x 800|
|Ask||95.31 x 800|
|Day's Range||94.86 - 96.22|
|52 Week Range||61.72 - 99.15|
|Beta (5Y Monthly)||0.95|
|PE Ratio (TTM)||17.31|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 29, 2022|
|1y Target Est||124.99|
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Learn how Sony Corporation became a leader in the entertainment world, along with the four biggest companies it owns.
He held senior roles at Reebok, Sony and Polaroid before being recruited to run the maker of the Palm Pilot, once one of the world’s best hand-held computers.
(Bloomberg) -- Sony Group Corp. plans to buy more land near its image sensor factory in Japan’s Kumamoto prefecture to expand its market share in the growing business of powering camera smartphones.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Air Defenses After Drone Strikes on MoscowTaiwan Rushes to Prevent China From Cutting Internet, PhonesTech Megacaps Prop Up Stocks as Bond Yields Slide: Markets WrapWorld’s Most Valuable C
The U.S. could make or break Microsoft's Activision Blizzard acquisition.
Sony Group Corp said on Wednesday that the success of hit drama "The Last Of Us" from television network HBO is boosting sales of the game series upon which it is based, in a stand-out case of the group repurposing its popular franchises. "We could see very, very clearly that every time an episode of that show dropped that sales of the game increased very dramatically," Sony Interactive Entertainment CEO Jim Ryan told an investor briefing. The success of the show is a notable example of efforts by Sony to drive business across different business lines after its transformation from an electronics maker to entertainment giant spanning games, music and movies.
(Bloomberg) -- Sony Group Corp. is gearing up for a push into cloud gaming in the coming months as it works to expand its reach beyond consoles.Most Read from BloombergWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesPutin Orders Tighter Air Defenses After Drone Strikes on MoscowTaiwan Rushes to Prevent China From Cutting Internet, PhonesTech Megacaps Prop Up Stocks as Bond Yields Slide: Markets WrapWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Bi
[**PacWest (PACW)**](https://www.wsj.com/market-data/quotes/PACW?mod=djemMoneyBeat_us) and [**Western Alliance (WAL)**](https://www.wsj.com/market-data/quotes/WAL?mod=djemMoneyBeat_us): The regional banks ended higher, building on rallies Wednesday when Western Alliance [soothed investors' nerves](https://www.
As AR and VR slowly but surely gain traction in gaming, tech firms want to know where your head's at: Sony and Meta both filed patent...
Sony Music Masterworks, a division of Sony Music Entertainment ("SME"), today announced a majority investment in Barcelona-based Proactiv Entertainment, a leading producer of live music and experiential events around the world.
Sony Group Corp (NYSE: SONY) is exploring a partial spinoff and separate listing for its financial unit in two to three years. Sony looks to retain just under 20% of Sony Financial Group Inc and sell its shares on a Japanese exchange, Bloomberg cites from its strategy briefing. The potential spinoff would reverse a $3.7 billion take-private deal concluded in 2020 over FY23. Also Read: Sony Discloses ¥200B Share Repurchase Plan The spinoff will help the firm to bag more considerable investment fo
SONY's assessment involves holding slightly less than 20% of the shares of Sony Financial Group which enable the latter to leverage the Sony brand.
The partial spinoff would include a listing of the financial business, which was worth more than $8 billion when Sony delisted it in 2020. The business, while bringing in steady profit, has only limited connections to other Sony businesses such as its PlayStation videogame machines and image sensors used in Apple phones. “We will need bigger investment in image sensors and entertainment in the future,” said Hiroki Totoki, a longtime Sony executive who became the company’s president this year.
(Bloomberg) -- Sony Group Corp. is weighing a partial spinoff and separate listing for its financial unit in two to three years, a major decision aimed at bankrolling an investment push in gaming and electronics.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyWall Street Fears $1 Trillion Aftershock From Debt DealMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsThe $120 Mil
Investing.com -- Most Asian stock markets rose on Thursday, tracking gains on Wall Street amid optimism that the U.S. debt ceiling will be raised, while gains in Japanese conglomerate Sony boosted the Nikkei to a 20-month high.
Investing.com -- Japanese conglomerate Sony Corp (TYO:6758) said on Thursday that it is considering a potential spinoff and listing of its financial services unit within the next two to three years.
(Bloomberg) -- Sony Group Corp. plans a buyback of up to 2.03% of its shares over the next twelve months, after warning of headwinds ahead from a slump in global consumer spending. Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyMercedes Sets Out to Make Sexy Vans With Yacht-Like InteriorsJPMorgan Asset Says Markets Are Right to Bet on US Rate CutsDebt-Limit Talks to Intensify as Biden Set to Depart for JapanTokyo-based Sony joins a long list of Japanese fi
Sony Electronics Inc. today announced two new wireless speakers, the SRS-XV800 and the SRS-XB100. The new SRS-XV800 speaker is built to party with loud and clear sound. Whether hosting an epic party or enjoying a movie or TV show, this speaker provides a powerful, room-filling sound. The new SRS-XB100 is a small wireless speaker that packs a powerful, clear sound with incredible portability.
Sony Group Corp's shares fell as much as 4.8% on Monday after the Japanese electronics and entertainment conglomerate's annual profit outlook fell short of market expectations. Jefferies analyst Atul Goyal said in a note to clients Sony's outlook "is overly conservative," and that its PlayStation 5 (PS5) game consoles and game software are likely to benefit from pent-up demand. Sony had struggled to make enough PS5 to meet demand during the COVID-19 pandemic because of supply chain snarls, but President Hiroki Totoki said on Friday the company was now ready to deliver the consoles without keeping customers waiting.
Sony Group Corp (NYSE: SONY) reported fourth-quarter FY22 sales growth of 35% year-on-year to $23.16 billion, beating the consensus of $17.55 billion. Adjusted EPS of $0.97 beat the consensus of $0.45. Segments & Profits: Game & Network Services (G&NS) revenue increased 61.3% Y/Y to ¥1.07 trillion, and operating income declined by 55.4% Y/Y to ¥38.9 billion. Music revenue rose 18.6% Y/Y to ¥349.5 billion, and operating income increased by 21% Y/Y to ¥60.4 billion. Pictures revenue increased by 1
Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record high as weaker financial services sales offset gains from gaming, music and movies. The Japanese company said it expects operating profit in the year to March 31 to fall 3.2% to 1.17 trillion yen ($8.65 billion), lower than an analysts' average estimate of a 1.275 trillion yen profit, according to Refinitiv data. "We can now deliver PlayStation 5 to almost anywhere in the world without keeping our customers waiting," Sony Group President Hiroki Totoki said at a press briefing after the company announced its results.
(Bloomberg) -- Sony Group Corp. offered a conservative profit outlook for the current fiscal year, warning about the impact of the global consumer spending slump on its electronics and entertainment businesses.Most Read from BloombergBuffett Reaffirms Abel as Heir, Blames Bank Leaders for FailuresJustice Thomas Ethics Review Questioned by US Court Leader in 2012Russia Says It Has Billions of Indian Rupees That It Can’t UseKing Charles Crowned in Spectacle Marking Turning Point for UKKimora Lee S
Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record high as weaker financial services sales offsets gains from gaming, music and movies. The Japanese company said it expects operating profit in the year to March 31 to fall 3.2% to 1.17 trillion yen ($8.65 billion), lower than an analysts' average estimate of a 1.275 trillion yen profit, according to Refinitiv data. "We can now deliver PlayStation 5 to almost anywhere in the world without keeping our customers waiting," Sony Group President Hiroki Totoki said at a press briefing after the company announced its results.
Leave it to Sony chief executive officer Tom Rothman to let the entertainment industry know that he was right and the streaming video crows were wrong - and with authority. Rothman, speaking at CinemaCon in Las Vegas, Nev. this week, reinforced Sony's commitment to big theatrical releases with a bold statement on the movie industry and Sony's pivotal role in it.
It isn’t easy to play well against an opponent like Microsoft. But Sony has scored a win in the first round of the videogame merger wars—thanks to the U.K. government.
All major videogame makers like Microsoft Corporation (MSFT), Sony Corporation (SONY) and Electronic Arts (EA) and Activision Blizzard (ATVI) are trying to bounce back from their recent lows.