The question many are asking about today is, “who owns Sony Corporation.” This question is often expected, considering how massive companies like Sony are.
Sony is one of the biggest tech companies in the world. There’s no doubt about that. The company has built a solid reputation over the years and produces some of the best consumer electronics in the world.
In this post, we’ll discuss Sony Corporation’s ownership, line of products, net worth and other things you need to know. Keep reading to learn more!
Who Owns Sony Corporation?
Sony Group Corporation owns Sony Corporation. It’s one of the company’s subsidiaries.
Sony Corporation focuses on electronics products and solutions like the Sony Financial Group focuses on financial services.
Sony boasts different categories. Let’s look at each of them.
Sony Group Corporation subsidiaries include:
- Sony Pictures
- Sony Entertainment
- Sony Semiconductor
- Sony Financial Holdings
- Sony Marketing Inc.
- Sony PCL Inc.
- PlayStation Studios
- Sony Corporation of America
- Sony Interactive Entertainment
- Sony Business Solutions Corporations
- Sony Computers Laboratories Inc.
- Sony Energy Device Corporations Inc.
The list goes on and on. For the record, Sony Group Corporation boasts over 40 subsidiaries and operates six primary product-based divisions.
Sony Group Corporation, also styled as “SONY,” has bought 14 companies in the last couple of years. However, Sony’s largest acquisition till today is ‘Columbia Pictures Entertainment,” acquired for $3.4 billion.
How Many Divisions Does Sony Have?
Sony is a massive company with diverse divisions. Each division focuses on different products. Sony is a leader in the design, manufacturing and sales of consumer electronics. However, they also have subsidiaries that focus on entertainment and other aspects.
Here are Sony’s divisions:
- Music – Sony Music Entertainment (Japan), Sony Music Group (Global).
- Pictures –Sony Pictures Entertainment.
- Financial Solutions – Sony Financial Group.
- Imaging & Sensing Solutions – Sony Semiconductors Solutions.
- Electronics Products & Solutions – Sony Corporation.
- Game & Network Services – Sony Interactive Entertainment.
Is Sony A Bigger Company Than Samsung?
Sony isn’t bigger than Samsung. Samsung ranks #103 in the list of Global Top 100 Brands, as rated by Samsung’s consumers, and is worth $263.86 billion.
Sony and Samsung have their headquarters in Asia. So, they are Asian rivals. However, both companies have their products shipped to almost every part of the earth.
Sony started before Samsung. While Sony was founded on May 7, 1946, Samsung was established on January 13, 1969. So, it took the owners of Samsung 23 years after Sony was established before they started Samsung.
Sony has always been a big brand and was bigger than Samsung. But things changed in 2005. Samsung overtook Sony, becoming the world’s twentieth-largest consumer brand.
Samsung didn’t stop there. In 2007, they broke another record. This time, Samsung became the second-largest smartphone in the world, overtaking Motorola for the first time.
As things stand today, Sony isn’t bigger than Samsung. The reverse is the case. Again, both tech companies make good quality TVs and other electronic gadgets. Samsung TVs’ picture quality and Sony’s are identical. A massive difference is the gaming performance.
Samsung TVs have better gaming performance than Sony TVs. But if gaming performance isn’t a concern for you, then both TV brands are worthwhile.
Is Sony Corporation A Japanese Owned Company?
Sony is a Japanese-owned company headquartered in Konan Minato, Tokyo, Japan. Sony is one of the leading manufacturers of electronic devices for the consumer and professional market.
Its presence across the United States has made many ask if Sony is an American company. The United States has a vast market, and consumers have a high purchasing power.
Sony is Japanese owned, though it has subsidiaries spread across different parts of the world. Akio Morita and Masaru Ibuka founded the company.
Who Is The CEO of Sony Corporation?
Sony’s latest CEO is Kenichiro Yoshida. He took over from Kazuo Hirai and has served in that capacity since April 2018.
Yoshida is a businessman. And before he assumed office as Sony’s chief executive officer, he was the company’s chief financial officer.
Yoshida has been a faithful servant to Sony, working as CFO across the company’s subsidiaries in Japan and the United States of America.
He was born October 20, 1959, and he’s 63 years old.
A Handy Tip: Yoshida’s compensation is enough to tempt anyone to accept Sony’s chief executive position, ignoring the workload that comes with it.
His compensation is around $4,745,315, making him the highest-paid executive in the company.
What Is The Net Worth Of Sony Corporation
Sony is a rich company. It’s one of the richest companies in Japan. The richest is Toyota Motor Corporation, while Sony is the second richest.
Data as of July 23, 2023, shows that Sony’s value is $115.24 billion, a figure that’s quite encouraging. Again, is Sony richer than Microsoft? The answer is obvious.
Microsoft is a U.S.-based company with a massive market cap. Market capitalization stands at $2 trillion, making Microsoft one of the richest companies in the world.
Is Sony A Privately Owned Company?
Sony is a privately owned company owned by the largest media conglomerate in Japan. It’s a family business belonging to the Yomiuri Shimbun Holdings.
Another thing you need to know about Sony is that most of its shares are privately owned. Sony Entertainment is one of the world’s biggest and most popular music companies.
The company also has a film studio, ranked the third largest. In general, Sony boasts one of the most comprehensive media companies in the world.
What Products Do Sony Manufacturer?
Sony has several subsidiaries, producing a wide range of products and services. Sony even offers financial services.
Sony is the leading producer of image sensors. They also produce cameras and are ranked the second-largest camera makers in the world.
The company designs, produces and sells a wide range of electronic devices. It makes a massive profit from TV sales.
Sony sells TVs at higher prices. They have built a strong reputation in the tech industry and consistently deliver quality products.
In addition to being the world’s second-largest TV brand, Sony ranks high among TV manufacturers. They have a wide range of quality TVs priced super high.
Here is a detailed list of products Sony manufacturers:
- Wireless Speaker
- Headphones
- Portable music player
- High-resolution audio
- Audio systems
- 360-reality audio
- Audio components
- Boom boxes and radios
- Portable CD players
- Digital voice recorders
- Microphones
- Home cinema and soundbars
- Cameras
- Gaming gears
- Car Audio
- Imaging platform
- Televisions
Is Sony A Chinese Company?
No, Sony isn’t a Chinese Company. It doesn’t have ties with the Chinese government either. If this were the case, the United States government would have severely restricted them, as they did on Huawei.
The trade war between the United States and China began during Donald Trump’s era. Unfortunately, it doesn’t appear to end soon.
Joe Biden has emerged as the U.S. President, but the ban on Huawei and other Chinese companies hasn’t changed. So, Sony executives will be happy they don’t have ties with the Chinese.
Sony is a Japanese company, one of the United States strongest allies and a NATO member. It is operating freely in the U.S. market.
Is Sony Bigger Than Apple?
As of 2021, comparing Sony to Apple was viewed as a slap in Apple’s face. Why? Apple’s value had increased massively. Apple is bigger than Sony regarding revenue, brand value and market capitalization.
Apple ranks 6th in the Top 100 Brand list. As of July 23, 2023, its market capitalization was $3.08 trillion.
Sony’s market capitalization is way below Apple’s. Its market capitalization is $115.47 billion. So, Apple is far bigger than Sony, no matter how you compare both companies.
Conclusion
We have come to the end of the post: who owns Sony Corporation? Sony owns Sony Corporation. It’s a privately owned Japanese company headquartered in Tokyo.
Sony was established in 1946 and has built a solid reputation. It is one of the biggest companies in Japan and ranks reasonably high globally.
A long list of subsidiaries is behind the name “SONY,” divided into six divisions. Each division handles a separate product or service. So, Sony is a well-organized company. It also has an extensive list of products, making it comprehensive.
