Is Sony listed? (all you must know)
Sony is a well-known electronics and entertainment company. Although it started as a small electronics store in Japan, it has grown into a huge international giant.
With all of Sony’s success, the entire company could be worth a lot of money. So you must be wondering: Does anyone own a Sony? Or is Sony publicly traded? Read on to find out!
Will Sony go public in 2022?
Sony is a company going public in 2022. It is listed on the New York Stock Exchange as a Sony Group company. The large Japanese company has many subsidiaries and brands internationally, such as Sony Music, Sony Pictures and PlayStation. Since these smaller companies are part of Sony, they are not listed on the stock exchange.
Sony wasn’t always a public company, so read on to learn about the history of Sony’s stock and where they are today.
When will Sony go public?
In August 1955, Sony became a public company.
Three years later, it was listed on the Tokyo Stock Exchange in December 1958.
American Depositary Receipts were issued in 1961. An American Depositary Receipt (ADR) is a transferable 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 the Nasdaq?
Nasdaq represents the National Association of Securities Dealers Automated Quotations. Although it is based in New York, it is a global marketplace for buying and trading stocks.
Most tech giants are listed on the Nasdaq, including Sony.
How many shares of Sony stock are there?
Sony’s outstanding shares totaled 1.261 billion shares. The total number of outstanding shares refers to the active shares owned by shareholders inside and outside the company.
However, this does not include stock options offered to executives who have not yet converted to stock.
What is the price per share of Sony’s stock?
As of the close on September 13, 2022, Sony’s share price was $72.01. It fell $3.63, or 4.8%. There are some key events that may affect price movements.
Earlier in September 2022, Sony sold its music business in Russia. Sony said that business in Russia was no longer possible because of the war in Ukraine.
However, Russia accounts for only 0.7% of Sony’s global business.
For the summer of 2022, Sony lowered its forecast for gaming-related profits by 16%.
The PlayStation 5 has been unable to keep up with demand due to supply chain issues, hurting overall sales.
These issues impacted the overall change in the value of Sony’s market share.
Who owns Sony stock?
As of March 2022, Sony had 399,144 shareholders.
Sony’s largest shareholder is Master Trust Bank of Japan, Ltd., with more than 220,000 shares, holding nearly 18 percent.
Other shareholders include:
- PRIMECAP Management Company
- Citibank as depository bank for depository receipt holders
- Japan Custodian Bank Co., Ltd.
- JPMorgan Chase Bank
- Norwegian government
- State Street Bank Western Clients
- Aristotle Capital Management LLC
What is the stock price of Sony PlayStation?
Sony PlayStation is not listed on the stock exchange.
PlayStation is a brand owned and operated by Sony Interactive Entertainment, a subsidiary of Sony Group Corporation.
Therefore, all subsidiaries and entities are shares of Sony Group. As of September 13, 2022, Sony Group shares were trading at $72.01.
However, the PlayStation brand has had a significant impact on the parent company’s stock over the past few years.
PlayStation 4 sales have soared during the COVID-19 pandemic. Unfortunately, the crisis later led to supply chain issues that resulted in a drop in PlayStation 5 production and sales.
Is Sony Music publicly traded?
Sony Music does not trade as an independent company. It belongs to the publicly traded Sony group of companies.
So while Sony Music influences the larger umbrella company, it is not publicly traded and is owned by Sony Group.
Is Sony Pictures going public?
Like Sony Music and PlayStation, Sony Pictures does not trade in its name.
Sony Pictures is a wholly owned subsidiary of Sony Group. All transactions are conducted under this parent company.
So while Sony Pictures’ success has affected Sony Group’s stock, Sony Pictures isn’t actually publicly traded.
Has Sony Interactive Entertainment gone public?
Sony Interactive Entertainment (SIE) is also a wholly owned subsidiary of Sony Group.
So Sony Interactive Entertainment is not publicly traded but owned, while Sony Group is traded.
To learn more, you can also read our posts on where Sony cameras are made, where Sony headphones are made, and whether Sony is a good brand.
in conclusion
Sony is a public company. The company was founded in 1946 and went public in 1955. However, it was not listed on the Tokyo Stock Exchange until 1958 and the New York Stock Exchange until 1970.
Sony has many subsidiaries. Because these companies are owned by Sony, they are not publicly traded. However, their success or failure ultimately affected the share price of Sony Group companies.