TSE:6758

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Executive Summary

Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. More Details


Snowflake Analysis

Proven track record with imperfect balance sheet.


Similar Companies

Share Price & News

How has Sony's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6758 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6758's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.8%

6758

0.7%

JP Consumer Durables

-0.5%

JP Market


1 Year Return

32.0%

6758

18.5%

JP Consumer Durables

7.8%

JP Market

Return vs Industry: 6758 exceeded the JP Consumer Durables industry which returned 18.5% over the past year.

Return vs Market: 6758 exceeded the JP Market which returned 7.8% over the past year.


Shareholder returns

6758IndustryMarket
7 Day-0.8%0.7%-0.5%
30 Day3.3%7.9%5.5%
90 Day34.0%30.8%13.9%
1 Year32.9%32.0%20.7%18.5%10.5%7.8%
3 Year102.2%98.3%25.6%18.3%6.8%-0.7%
5 Year328.7%315.4%118.1%97.6%51.0%34.0%

Long-Term Price Volatility Vs. Market

How volatile is Sony's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sony undervalued compared to its fair value and its price relative to the market?

13.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6758 (¥10480) is trading above our estimate of fair value (¥6402.85)

Significantly Below Fair Value: 6758 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6758 is poor value based on its PE Ratio (13.7x) compared to the JP Consumer Durables industry average (12.6x).

PE vs Market: 6758 is good value based on its PE Ratio (13.7x) compared to the JP market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: 6758 is poor value based on its PEG Ratio (22.1x)


Price to Book Ratio

PB vs Industry: 6758 is overvalued based on its PB Ratio (2.6x) compared to the JP Consumer Durables industry average (0.8x).


Next Steps

Future Growth

How is Sony forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?

0.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6758's forecast earnings growth (0.6% per year) is above the savings rate (0%).

Earnings vs Market: 6758's earnings (0.6% per year) are forecast to grow slower than the JP market (17.7% per year).

High Growth Earnings: 6758's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6758's revenue (3.9% per year) is forecast to grow slower than the JP market (5.6% per year).

High Growth Revenue: 6758's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6758's Return on Equity is forecast to be low in 3 years time (12.5%).


Next Steps

Past Performance

How has Sony performed over the past 5 years?

41.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6758 has high quality earnings.

Growing Profit Margin: 6758's current net profit margins (11.3%) are higher than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: 6758's earnings have grown significantly by 41% per year over the past 5 years.

Accelerating Growth: 6758's earnings growth over the past year (9.4%) is below its 5-year average (41% per year).

Earnings vs Industry: 6758 earnings growth over the past year (9.4%) exceeded the Consumer Durables industry -15.5%.


Return on Equity

High ROE: 6758's Return on Equity (19%) is considered low.


Next Steps

Financial Health

How is Sony's financial position?


Financial Position Analysis

Short Term Liabilities: 6758's short term assets (¥6,982.7B) do not cover its short term liabilities (¥7,514.8B).

Long Term Liabilities: 6758's short term assets (¥6,982.7B) do not cover its long term liabilities (¥12,356.5B).


Debt to Equity History and Analysis

Debt Level: 6758's debt to equity ratio (42.5%) is considered high.

Reducing Debt: 6758's debt to equity ratio has increased from 36.2% to 42.5% over the past 5 years.

Debt Coverage: 6758's debt is well covered by operating cash flow (72.8%).

Interest Coverage: 6758 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Sony current dividend yield, its reliability and sustainability?

0.48%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 6758's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.22%).

High Dividend: 6758's dividend (0.48%) is low compared to the top 25% of dividend payers in the JP market (2.96%).


Stability and Growth of Payments

Stable Dividend: 6758 is not paying a notable dividend for the JP market, therefore no need to check if payments are stable.

Growing Dividend: 6758 is not paying a notable dividend for the JP market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 6758 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6758's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Kenichiro Yoshida (61 yo)

2.75yrs

Tenure

JP¥454,000,000

Compensation

Mr. Kenichiro Yoshida has been the Chairman of Sony Corporation since June 01, 2020 and has been its Director since June 19, 2014. He has been Representative Corporate Executive Officer of Sony Corporation...


CEO Compensation Analysis

Compensation vs Market: Kenichiro's total compensation ($USD4.38M) is above average for companies of similar size in the JP market ($USD2.02M).

Compensation vs Earnings: Kenichiro's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kenichiro Yoshida
Chairman2.75yrsJP¥454.00m0.014%
¥ 1.9b
Hiroki Totoki
Executive Deputy President1.58yrsJP¥115.00m0.0024%
¥ 318.6m
Toru Katsumoto
Executive Deputy President & CTO0.083yrJP¥94.00m0.0013%
¥ 169.1m
Shiro Kambe
Senior EVP & Corporate Executive Officer11yrsJP¥81.00m0.0026%
¥ 339.6m
Kazushi Ambe
Senior EVP & Corporate Executive Officer6.17yrsJP¥76.00m0.0017%
¥ 222.9m
Yasuhiro Ueda
Head of Technology Policy and Relations2.75yrsno datano data
J. Hill
Senior Vice President of Finance & Investor Relations and Head of Investor Relationsno datano datano data
Natsuko Takei
Senior General Manager of Legal & Compliance Department2.75yrsno datano data
Shoji Nemoto
Head of Disc Manufacturing Business15.17yrsno datano data
Kazuo Hirai
Senior Adviser3.92yrsJP¥2.07bno data
Keiichiro Shimada
SVP & Corporate Executive 12.75yrsno datano data
Shigeki Ishizuka
Vice Chairman & Representative Corporate Executive Officer14.17yrsJP¥90.00m0.0015%
¥ 191.4m

2.8yrs

Average Tenure

60.5yo

Average Age

Experienced Management: 6758's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kenichiro Yoshida
Chairman2.75yrsJP¥454.00m0.014%
¥ 1.9b
Hiroki Totoki
Executive Deputy President1.58yrsJP¥115.00m0.0024%
¥ 318.6m
Kazuo Hirai
Senior Adviser3.92yrsJP¥2.07bno data
Louis Gerstner
Member of Advisory Boardno datano datano data
Shuzo Sumi
Independent Outside Director0.58yrno data0.00032%
¥ 42.0m
Peter Liguori
Advisor to Board of Directors4.08yrsno datano data
Yoshihiko Hatanaka
Independent Outside Director1.58yrsno data0.000080%
¥ 10.5m
Tim Schaaff
Non-Executive Director7.58yrsno data0.00065%
¥ 85.2m
Wendy Becker
Independent Outside Director1.58yrsno data0.000080%
¥ 10.5m
Toshiko Oka
Independent Outside Director2.58yrsno data0.00016%
¥ 21.0m
Kazuo Matsunaga
Independent Vice Chairman of the Boardno datano data0.00040%
¥ 52.4m
Sakie Akiyama
Independent Outside Director1.58yrsno data0.000080%
¥ 10.5m

1.6yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 6758's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sony Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sony Corporation
  • Ticker: 6758
  • Exchange: TSE
  • Founded: 1946
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: JP¥13.112t
  • Shares outstanding: 1.24b
  • Website: https://www.sony.net

Number of Employees


Location

  • Sony Corporation
  • 1-7-1 Konan
  • Minato-ku
  • Tokyo
  • 108-0075
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNENYSE (New York Stock Exchange)SPONSORED ADRUSUSDSep 1970
SONADB (Deutsche Boerse AG)SPONSORED ADRDEEURSep 1970
SNE NBMV (Bolsa Mexicana de Valores)SPONSORED ADRMXMXNSep 1970
0L83LSE (London Stock Exchange)SPONSORED ADRGBUSDSep 1970
SNEJ.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1975
6758TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1975
SONCSWX (SIX Swiss Exchange)YesCommon StockCHCHFJan 1975
SON1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1975
SON1WBAG (Wiener Boerse AG)YesCommon StockATEURJan 1975
SNEBASE (Buenos Aires Stock Exchange)CEDEAR REPR 1/2 ADR(CNV TO 1 ORD NPV)ARARSJul 2007

Biography

Sony Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets worldwide. The company distributes software tit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 08:03
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.