[Top 30 technology company in the world] (P.10) Sony: The oldest Japanese company to be listed in an American exchange

30-07-2021

(WorldKings.org) As of 2020, Sony had $75.972 billion of revenue and 111,700 employees.

Sony Group Corporation is a Japanese multinational conglomerate corporation headquartered in K┼Źnan, Minato, Tokyo. As a major technology company, it operates as one of the world's largest manufacturers of consumer and professional electronic products, the largest video game console company and the largest video game publisher. 


Through Sony Entertainment Inc, it is one of the largest music companies (largest music publisher & second largest record label) and the third largest film studio, making it one of the most comprehensive media companies, being the largest Japanese media conglomerate by size overtaking the privately held, family-owned Yomiuri Shimbun Holdings, the largest Japanese media conglomerate by revenue.


Sony has a weak tie to the Sumitomo Mitsui Financial Group (SMFG) corporate group, the successor to the Mitsui keiretsu. Sony is listed on the Tokyo Stock Exchange (in which it is a constituent of the Nikkei 225 and TOPIX Core30 indexes) with an additional listing in the form of American depositary receipts listed in the New York Stock Exchange (traded since 1970, making it the oldest Japanese company to be listed in an American exchange), and was ranked 122nd on the 2020 Fortune Global 500 list.


Sony began in the wake of World War II. In 1946, Masaru Ibuka started an electronics shop in Shirokiya, a department store building in the Nihonbashi area of Tokyo. The company started with a capital of ¥190,000 and a total of eight employees. On 7 May 1946, Ibuka was joined by Akio Morita to establish a company called Tokyo Tsushin Kogyo. The company built Japan's first tape recorder, called the Type-G. In 1958, the company changed its name to "Sony".


On 1 April 2021, Sony Corporation renamed Sony Group Corporation. On the same day, Sony Mobile Communications Inc. absorbed Sony Electronics Corporation, Sony Imaging Products & Solutions Inc., and Sony Home Entertainment & Sound Products Inc. and changed its trade name to Sony Corporation.


As of 2020, Sony had $75.972 billion of revenue and 111,700 employees.

 

According to wikipedia.org 


Brian (Collect & Edit) - WORLDKINGS (Source of photos : internet )

 

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