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Sony is a well-known electronics and entertainment company. While it began as a small electronics store in Japan, it has grown into a huge international powerhouse.
With all the success of Sony, the company as a whole is probably worth a lot of money. As such, you must wonder: Does someone own Sony? Or is Sony publicly traded? Keep reading to find out!
Is Sony Publicly Traded in [currentyear]?
Sony is a publicly traded company in [currentyear]. It’s listed as Sony Group Corp. on the New York Stock Exchange. This large Japanese company owns many subsidiaries and brands internationally, such as Sony Music, Sony Pictures, and PlayStation. Since these smaller companies are a part of Sony, they aren’t listed on the stock exchange.
Sony wasn’t always a publicly traded company, so keep reading to learn the history of Sony’s stocks and where they sit today.
When Did Sony Become Publicly Traded?
Sony became a publicly traded company in August 1955.
Three years later, it was listed on the Tokyo Stock Exchange in December 1958.
American Depository Receipts were issued in 1961. American Depository Receipts (ADRs) is a negotiable security that enables foreign companies to trade in the U.S. market.
However, it wasn’t actually listed on the New York Stock Exchange until 1970.
Is Sony Part of Nasdaq?
Nasdaq stands for National Association of Securities Dealers Automated Quotations. While it is based in New York, it is a global marketplace for buying and trading stocks.
Most technology giants are listed on Nasdaq, including Sony.
How Many Shares of Sony Stock Are There?
Sony has 1,261 million total shares outstanding. Total outstanding shares refer to active shares owned by stockholders inside and outside the corporation.
However, this doesn’t include stock options offered to executives that haven’t been converted to shares yet.
How Much Is Sony’s Stock Price Per Share?
At closing on September 13th, 2022, Sony’s price per share was $72.01. It dropped $3.63, a 4.8% decline. There are key events that could have impacted a shift in prices.
Earlier in September 2022, Sony sold its Russian-based music business. Sony stated that business was no longer possible within Russia due to the war in Ukraine.
However, Russia only accounted for .7% of Sony’s business globally.
In the summer of [currentyear], Sony lowered its projected gaming-related profits by 16%.
Because of supply chain issues, PlayStation 5 hasn’t been unable to keep up with demand, hurting overall sales.
These issues contribute to the overall flux of Sony’s market share value.
Who Owns Sony Stock?
As of March [currentyear], Sony has 399,144 shareholders.
Sony’s biggest shareholder is the Master Trust Bank of Japan, Ltd., with over 220,000 shares and almost 18% of the shares held.
Other shareholders include the following:
- PRIMECAP Management Co.
- Citibank as Depositary Bank for Depositary Receipt Holders
- Custody Bank of Japan, Ltd.
- JPMorgan Chase Bank
- Government Of Norway
- State Street Bank West Client
- Aristotle Capital Management LLC
What Is the Sony PlayStation Stock Price?
Sony PlayStation doesn’t have its own listing on the stock exchange.
PlayStation is a brand owned and operated by Sony Interactive Entertainment, a subsidiary of the Sony Group Corporation.
Therefore, all subsidiaries and entities fall under the Sony Group’s stock. As of September 13th, [currentyear], Sony Group’s stock price was $72.01.
However, the PlayStation brand has significantly affected the parent company’s stocks in the past years.
During the COVID-19 pandemic, sales for the PlayStation 4 soared. Unfortunately, the crisis later led to supply chain issues causing lower production and sales of the PlayStation 5.
Is Sony Music Publicly Traded?
Sony Music is not traded as an independent company. It belongs to the Sony Group Corporation, which is publicly traded.
So, while Sony Music affects this larger umbrella company, it’s not publicly traded but is owned by Sony Group.
Is Sony Pictures Publicly Traded?
Like Sony Music and PlayStation, Sony Pictures isn’t traded under its name.
Sony Pictures is a wholly-owned subsidiary of Sony Group. All trading is done under this parent company.
So, while the success of Sony Pictures affects Sony Group’s stocks, Sony Pictures isn’t actually publicly traded.
Is Sony Interactive Entertainment Publicly Traded?
Sony Interactive Entertainment (SIE) is also a wholly-owned subsidiary of Sony Group.
Therefore, Sony Interactive Entertainment is not publicly traded but owned, while Sony Group is traded.
To know more, you can also read our posts on where Sony cameras are made, where are Sony headphones made, and whether Sony is a good brand.
Conclusion
Sony is a publicly traded company. This company was founded in 1946 and became public in 1955. However, it wasn’t listed on the Tokyo Stock Exchange until 1958 and on the New York Stock Exchange until 1970.
Sony has many subsidiaries under its umbrella. Because these companies are owned by Sony, they aren’t publicly traded. However, their success and failures ultimately impact the share prices of the Sony Group Corporation.
