Pause operations: company temporarily curtailing operations while keeping return options open

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Sony Group Corporation is a Japanese multinational conglomerate corporation. 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.

Pause operations: company temporarily curtailing operations while keeping return options open

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Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500
Revenue(RF), mln.USD
10
Assets(RF), mln.USD
25
Capital(RF), mln.USD
21
Glob.Revenue, mln.USD
89692
Staff(RF), 2021
5201
Taxes(RF), mln.USD
10

All over Russia, the remaining LG, Bosch and Sony specialty stores began to close. In technical support, it is specified that some stores will work until the summer, until they sell out the remaining goods. So far, retail partners of foreign manufacturers have not closed stores to avoid fines from landlords, market participants say. In place of the stores of the companies that left, sales points of suppliers from Turkey and China are already opening.

The Company Statement
March 02, 2022

The company stops supplies of technology, software and movies distribution. Cameras of the Japanese brands Canon, Fujifilm, Sony and batteries of the American Duracell will be included in the list of parallel imports. Revenue of JSC "SONY ELECTRONICS" in Russia significantly (-82%) dropped in 2023 vs 2022.

April 01, 2024JSC "SONY ELECTRONICS" - Moscow - General Director Vikramsekera Maxim - INN 7703001265
February 27, 2024LG, Bosch and Sony stores are selling off remaining goods before closing in the Russian Federation
January 31, 2024Sony, Zee clashed over Russia assets, Star cricket deal before India merger collapse
November 13, 2023Sony refused to open a PS Store game store in Kazakhstan due to Russian access
November 02, 2023A new list of goods for which parallel imports are allowed has been approved
July 31, 2023Media: three Japanese brands of cameras and Duracell batteries will be included in parallel imports
March 01, 2022From FIFA to Disney, These Businesses Are Cutting Ties With Russia
March 01, 2022Warner Bros. and Sony canceled the rental of "Batman" and "Morbius" in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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