Sony Group Corp operates within the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sony Group Corp with three other
audio-visual equipment producers in Asia:
Foster Electric Company, Limited
(2021
sales of 85.22 billion Japanese Yen [US$780.62 million]
of which 67%
was Speaker Business),
Dixon Technologies (India) Ltd
of INDIA
(64.48 billion Indian Rupees [US$874.37 million]
of which 100%
was Electronic items), and
Maxell Holdings Ltd
(139.06 billion Japanese Yen [US$1.27 billion]
of which 37%
was Industrial material).
Sales Analysis.
During the first
fiscal
quarter of 2022, sales at Sony Group Corp totalled
¥2.26 trillion.
This is
an increase of 14.6%
from the ¥1.97 trillion in sales at the company during the first quarter of 2021.
Sales at Sony Group Corp appear to have some seasonality: during each of the previous 9
fiscal
years, sales have been highest during the third quarter, which has accounted for
between 27.7% and 31.8%
of the annual
fiscal year
sales.
During the year ended March of 2021, sales at
Sony Group Corp were ¥9.00 trillion (US$82.43 billion).
This
is
an
increase of 9.0%
versus 2020, when the company's sales were ¥8.26 trillion.
Sales of Game&network Service saw an increase
that was more than double the company's growth rate: sales were up
35.7% in 2021, from
¥1.92 trillion to ¥2.60 trillion.
Sony Group Corp also saw significant increases in sales in
Financial Services Business (up 27.8% to ¥1.66 trillion)
.
Not all segments of Sony Group Corp experienced an increase in sales in 2021:
sales of Eliminations and Corporate fell 47.0% to ¥11.03 billion.
(However, this segment's sales were only a very small portion of the company's overall sales).
Sony Group Corp also experienced decreases in sales in
Electronics Products and Solutions (down 3.4% to ¥1.90 trillion)
and
Imaging Products and Solution (down 4.8% to ¥937.86 billion)
and
the Movie Business (down 25.0% to ¥757.58 billion)
and
Other (down 8.6% to ¥196.52 billion)
.