NYSE · Technology

Sony Group Corporation

SONY · Consumer Electronics

$20.33

▲ 0.09 (0.44%)

Cached · 10 min

Overall Grade

Defensive

Enterprising

Profitability

N/A⤢

Fin. Health

C⤢

Years to Pay Off Debt -1.6 yrs

Working Capital vs Long-Term Debt $238.4B

Working Capital $1,128.0B

Valuation

A⤢

Margin of Safety 96.9%

Price-to-Book 0.01x

Cash Flow

C⤢

Free Cash Flow $806.4B

Owner Earnings -$655.4B

Financial Health

Years to Pay Off Debt -1.6 yrs

Total Debt ÷ Net Income. Lower = stronger balance sheet. Important caveat: utilities, telecoms, REITs, and infrastructure companies carry large structural debt by design — their bond-like cash flows service it comfortably at ratios that would alarm Graham. Compare within sector.

Working Capital vs Long-Term Debt $238.4B

Working Capital minus Long-Term Debt. Negative results are common and expected in capital-return-focused businesses like Apple, Domino's, and McDonald's — where aggressive buybacks and dividends intentionally reduce book equity. This does not indicate financial distress in high-FCF businesses.

Working Capital $1,128.0B

Current Assets minus Current Liabilities. Negative working capital can be a deliberate efficiency strategy in businesses that collect cash before paying suppliers (retailers, fast food franchises, subscription businesses). Assess alongside free cash flow generation for full context.

Defensive — Graham's strict criteria (P/B, P/E, dividends, stability) · Enterprising — Profitability & cash flow focused, accepts higher valuations for quality

About Sony Group Corporation

Sony Group Corporation designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally. The company distributes software titles and add-on content through digital networks; network services related to game, video, and music content; hardware and home gaming consoles, packaged and game software, and peripheral devices. It also develops, produces, markets, and distributes recorded music; publishes music; and produces and distributes animation titles, game applications, and various services for music and visual products. In addition, the company produces, acquires, and distributes live-action and animated motion pictures for theatrical release, as well as scripted and animated series, unscripted reality or light entertainment, daytime serials, game shows, television movies, and miniseries and other television programs; operation of television networks and direct-to-consumer streaming services; operates a visual effects and animation unit; and manages a studio facility. Further, the company researches, develops, designs, produces, markets, distributes, sells, and services televisions, and video and sound products; interchangeable lens, as well as compact digital, and consumer and professional video cameras; projectors and medical equipment; mobile phones, accessories, and applications; and metal oxide semiconductor image sensors, integration systems, and other semiconductors. Additionally, it offers internet broadband network services; recording media, and storage media products; and life and non-life insurance, banking, and other services, as well as creates and distributes content for PCs and mobile phones. The company has a strategic partnership with TCL Electronics Holdings Limited. The company was formerly known as Sony Corporation and changed its name to Sony Group Corporation in April 2021. Sony Group Corporation was incorporated in 1946 and is headquartered in Tokyo, Japan.

Metric Explanations

What each dimension measures and where the thresholds come from.

Market Data

Market Cap $119.7B

Enterprise Value -$24.2B

P/E (TTM) 19.00

Dividend Yield 1.24%

Exchange NYSE

Key Margins

Gross Profit N/A

Operating Margin N/A

Net Margin N/A

Company Info

Sector Technology

Industry Consumer Electronics

Country Japan

Visit website

📖

Full Graham Analysis

Mr. Market is currently offering Sony Group Corporation at $20.33.

The business passes only 2 of 5 of Graham's defensive criteria — well below his required standard.

At $20.33, the stock trades below its Graham Number of $658.14 — suggesting a margin of safety exists.

The margin of safety of 96.9% exceeds Graham's recommended 33% threshold — a rare opportunity.

Negative NCAV — liabilities exceed current assets. Common in capital-return businesses (buybacks, debt-funded dividends) and capital-intensive industries. Not automatically a warning sign..

Conclusion: By Graham's standards, this stock is speculative at its current price. The intelligent investor would look elsewhere or wait.

Showing Key Metrics

Income Highlights

Metric	Q1 2026	Q4 2025	Q4 2024
Gross Profit %	N/A•	28.4%▲	27.0%
Operating Margin %	N/A•	13.7%▲	11.6%
Net Income %	N/A•	-27.2%▼	10.1%
Diluted EPS	13.89▲	-169.03•	N/A

Balance Sheet Highlights

Metric	Q4 2025	Q4 2024
Total Assets	$15,885.0B	$35,991.5B
Total Debt	$1,656.9B▼	$4,378.1B
Working Capital	$1,128.0B▲	-$3,528.6B
Years to Pay Debt	-1.64	11.71

Cash Flow Highlights

Metric	Q4 2025	Q4 2024
Free Cash Flow	$806.4B▼	$882.5B
Owner Earnings	-$655.4B	$790.7B
CapEx % of Net Income	N/A	33.5%

Income Statement

	2026	2025	2024
Tax Rate For Calcs		0	0
Normalized EBITDA		809,575,000	756,739,000
Net Income From Continuing Operation Net Minority Interest		377,324,000	341,080,000
Reconciled Depreciation		277,932,000	291,828,000
Reconciled Cost Of Revenue		2,657,637,000	2,695,564,000
EBITDA		809,575,000	756,739,000
EBIT		531,643,000	464,911,000
Net Interest Income		-14,832,000	24,722,000
Interest Expense		31,434,000	17,220,000
Interest Income		16,602,000	41,942,000
Normalized Income		377,324,000	341,080,000
Net Income From Continuing And Discontinued Operation		-1,008,612,000	373,739,000
Total Expenses		3,203,577,000	3,266,290,000
Total Operating Income As Reported		515,041,000	422,969,000
Diluted Average Shares	5,965,315	6,006,497
Basic Average Shares	5,938,819	5,966,945
Diluted EPS	0	0
Basic EPS	0	0
Diluted NI Availto Com Stockholders		-1,008,612,000	373,739,000
Net Income Common Stockholders		-1,008,612,000	373,739,000
Net Income		-1,008,612,000	373,739,000
Minority Interests		-3,130,000	-1,833,000
Net Income Including Noncontrolling Interests		-1,005,482,000	375,572,000
Net Income Discontinuous Operations		-1,385,936,000	32,659,000
Net Income Continuous Operations		380,454,000	342,913,000
Tax Provision		119,755,000	104,778,000
Pretax Income		500,209,000	447,691,000
Other Income Expense		4,937,000	-4,135,000
Earnings From Equity Interest		4,937,000	-4,135,000
Net Non Operating Interest Income Expense		-14,832,000	24,722,000
Interest Expense Non Operating		31,434,000	17,220,000
Interest Income Non Operating		16,602,000	41,942,000
Operating Income		510,104,000	427,104,000
Operating Expense		545,940,000	570,726,000
Other Operating Expenses		-37,726,000	-6,028,000
Selling General And Administration		583,666,000	576,754,000
Gross Profit		1,056,044,000	997,830,000
Cost Of Revenue		2,657,637,000	2,695,564,000
Total Revenue		3,713,681,000	3,693,394,000
Operating Revenue		3,713,681,000	3,693,394,000

Balance Sheet

	2025	2024
Treasury Shares Number	181,736	124,626
Ordinary Shares Number	5,968,074	6,025,184
Share Issued	6,149,811	6,149,811
Net Debt		1,886,144,000
Total Debt	1,656,856,000	4,378,093,000
Tangible Book Value	5,983,848,000	5,943,008,000
Invested Capital	9,193,971,000	12,563,292,000
Working Capital	1,127,965,000	-3,528,608,000
Net Tangible Assets	5,983,848,000	5,943,008,000
Capital Lease Obligations	625,986,000
Common Stock Equity	8,163,101,000	8,185,199,000
Total Capitalization	9,052,636,000	10,178,152,000
Total Equity Gross Minority Interest	8,519,095,000	8,524,922,000
Minority Interest	355,994,000	339,723,000
Stockholders Equity	8,163,101,000	8,185,199,000
Gains Losses Not Affecting Retained Earnings	1,183,976,000	-361,752,000
Other Equity Adjustments	1,183,976,000	-361,752,000
Treasury Stock	542,426,000	286,470,000
Retained Earnings	5,174,889,000	6,469,060,000
Additional Paid In Capital	1,465,305,000	1,483,004,000
Capital Stock	881,357,000	881,357,000
Common Stock	881,357,000	881,357,000
Total Liabilities Net Minority Interest	7,365,876,000	27,466,625,000
Total Non Current Liabilities Net Minority Interest	2,206,994,000	16,380,543,000
Other Non Current Liabilities	393,057,000	914,308,000
Employee Benefits	204,715,000	246,499,000
Non Current Pension And Other Postretirement Benefit Plans	204,715,000	246,499,000
Non Current Deferred Liabilities	186,052,000	13,226,783,000
Non Current Deferred Revenue	0	13,042,135,000
Non Current Deferred Taxes Liabilities	186,052,000	184,648,000
Long Term Debt And Capital Lease Obligation	1,423,170,000	1,992,953,000
Long Term Capital Lease Obligation	533,635,000
Long Term Debt	889,535,000	1,992,953,000
Current Liabilities	5,158,882,000	11,086,082,000
Other Current Liabilities	1,858,200,000	2,563,809,000
Current Deferred Liabilities	606,141,000	3,709,477,000
Current Deferred Revenue	606,141,000	3,709,477,000
Current Debt And Capital Lease Obligation	233,686,000	2,385,140,000
Current Capital Lease Obligation	92,351,000
Current Debt	141,335,000	2,385,140,000
Other Current Borrowings	141,335,000	2,385,140,000
Payables And Accrued Expenses	2,460,855,000	2,427,656,000
Payables	2,460,855,000	2,427,656,000
Dividends Payable
Total Tax Payable	163,369,000	129,850,000
Income Tax Payable	163,369,000	129,850,000
Accounts Payable	2,297,486,000	2,297,806,000
Total Assets	15,884,971,000	35,991,547,000
Total Non Current Assets	9,598,124,000	28,434,073,000
Other Non Current Assets	3,109,768,000	2,931,327,000
Non Current Deferred Assets	494,404,000	504,949,000
Non Current Deferred Taxes Assets	494,404,000	504,949,000
Investments And Advances	1,799,564,000	20,687,378,000
Investmentin Financial Assets	1,240,481,000	20,322,390,000
Available For Sale Securities	1,240,481,000	20,322,390,000
Long Term Equity Investment	559,083,000	364,988,000
Goodwill And Other Intangible Assets	2,179,253,000	2,242,191,000
Other Intangible Assets	577,574,000	679,791,000
Goodwill	1,601,679,000	1,562,400,000
Net PPE	2,015,135,000	2,068,228,000
Accumulated Depreciation
Gross PPE	2,015,135,000	2,068,228,000
Construction In Progress
Other Properties	2,015,135,000	2,068,228,000
Machinery Furniture Equipment
Buildings And Improvements
Land And Improvements
Current Assets	6,286,847,000	7,557,474,000
Other Current Assets	694,092,000	635,654,000
Assets Held For Sale Current
Restricted Cash
Inventory	1,263,689,000	1,389,047,000
Finished Goods
Work In Process
Raw Materials
Receivables	2,213,801,000	2,457,067,000
Accounts Receivable	2,213,801,000	2,457,067,000
Cash Cash Equivalents And Short Term Investments	2,115,265,000	3,075,706,000
Other Short Term Investments	28,765,000	583,757,000
Cash And Cash Equivalents	2,086,500,000	2,491,949,000
Cash Equivalents
Cash Financial

Cash Flow

	2025	2024
Free Cash Flow	806,398,000	882,537,000
Repurchase Of Capital Stock	-83,065,000	-55,502,000
Repayment Of Debt	-106,849,000	-73,670,000
Issuance Of Debt	7,811,000	-15,763,000
Capital Expenditure	-75,280,000	-125,174,000
End Cash Position	2,086,500,000	2,491,949,000
Beginning Cash Position	2,667,965,000	1,728,710,000
Effect Of Exchange Rate Changes	67,177,000	71,375,000
Changes In Cash	-648,642,000	691,864,000
Financing Cash Flow	-226,537,000	-182,609,000
Cash From Discontinued Financing Activities	0	-2,698,000
Cash Flow From Continuing Financing Activities	-226,537,000	-179,911,000
Net Other Financing Charges	30,000,000	25,120,000
Cash Dividends Paid	-74,434,000	-60,096,000
Common Stock Dividend Paid	-74,434,000	-60,096,000
Net Common Stock Issuance	-83,065,000	-55,502,000
Common Stock Payments	-83,065,000	-55,502,000
Net Issuance Payments Of Debt	-99,038,000	-89,433,000
Net Short Term Debt Issuance	3,093,000	-19,816,000
Short Term Debt Issuance	3,093,000	-19,816,000
Net Long Term Debt Issuance	-102,131,000	-69,617,000
Long Term Debt Payments	-106,849,000	-73,670,000
Long Term Debt Issuance	4,718,000	4,053,000
Investing Cash Flow	-1,303,783,000	-133,238,000
Cash From Discontinued Investing Activities	-1,170,068,000	-5,778,000
Cash Flow From Continuing Investing Activities	-133,715,000	-127,460,000
Net Other Investing Changes	-1,597,000	18,246,000
Net Investment Purchase And Sale	-35,711,000	-1,101,000
Sale Of Investment	3,080,000	3,265,000
Purchase Of Investment	-38,791,000	-4,366,000
Net Business Purchase And Sale	-32,876,000	-26,467,000
Sale Of Business	4,451,000	-1,404,000
Purchase Of Business	-37,327,000	-25,063,000
Net PPE Purchase And Sale	-63,531,000	-118,138,000
Sale Of PPE	11,749,000	7,036,000
Purchase Of PPE	-75,280,000	-125,174,000
Operating Cash Flow	881,678,000	1,007,711,000
Cash From Discontinued Operating Activities	0	147,175,000
Cash Flow From Continuing Operating Activities	881,678,000	860,536,000
Taxes Refund Paid	-64,757,000	-95,459,000
Change In Working Capital	225,467,000	291,684,000
Change In Other Working Capital		736,588,000
Change In Other Current Liabilities	243,869,000	187,432,000
Change In Other Current Assets	-218,808,000	-161,307,000
Change In Payables And Accrued Expense	-176,596,000	-2,346,000
Change In Payable	-176,596,000	-2,346,000
Change In Account Payable	-194,213,000	-41,022,000
Change In Tax Payable	17,617,000	38,676,000
Change In Income Tax Payable	17,617,000	38,676,000
Change In Inventory	458,322,000	408,049,000
Change In Receivables	-81,320,000	-140,144,000
Changes In Account Receivables
Other Non Cash Items	-72,129,000	-69,448,000
Depreciation Amortization Depletion	277,932,000	291,828,000
Depreciation And Amortization	277,932,000	291,828,000
Operating Gains Losses	14,956,000	-5,760,000
Earnings Losses From Equity Investments	13,000	5,978,000
Gain Loss On Investment Securities	14,943,000	-11,738,000
Net Income From Continuing Operations	500,209,000	447,691,000

📊 Quarterly mode — Graham Fair Value & 7 Criteria require annual data. Switch to Annual for full analysis.

Quarterly Health Checks

3 Graham/Buffett criteria that are valid and reliable on quarterly data

❌ Financial Condition

Current assets vs current liabilities — a real-time liquidity snapshot. Valid and reliable on quarterly data.

1.22x current ratio

vs ≥ 2.0x

✅ Free Cash Flow

Buffett's most important single metric. A positive FCF quarter means the business generated real cash for owners after maintaining its asset base.

$806.4B

vs Positive

Operating Cash Flow

$881.7B

Latest quarter · Buffett's cash reality check

ROIC

nan%

Based on latest annual operating income

Return on Invested Capital — Buffett's preferred measure for asset-light businesses. ROIC > 15% consistently signals a durable competitive advantage (moat). More meaningful than P/B for software, pharma, and consumer brand companies where most value is intangible and off-balance-sheet.

Market Cap / Net Assets

0.0x

Net Assets: $8,519.1B

Asset Context — Consumer Electronics

This company's primary assets are likely intangible (brand, IP, talent, network effects) and don't appear on the balance sheet. Net Assets may significantly understate intrinsic value. ROIC and free cash flow are more reliable indicators of business quality.

Peers & Industry Comparison

Consumer Electronics — Auto-detected peers

Company	Price	Market Cap	P/E	Gross Margin	Net Margin	Revenue
SONY	$20.33	$119.7B	19.00	N/A	N/A	N/A
AAPL Apple Inc.	$298.01	$4,377.0B	36.1	47.9%	27.2%	$451.4B
MSFT Microsoft Corporation	$379.40	$2,818.3B	22.6	68.3%	39.3%	$318.3B
GOOGL Alphabet Inc.	$368.03	$4,490.9B	28.1	60.4%	37.9%	$422.5B
SMSN.IL SAMSUNG ELECTRONICS CO LTD (ATT	$5,735.00	N/A	59.5	32.0%	13.1%	Foreign listing

"The management of a business is its most important single factor — more important than market position, patents, or financial structure."

— Benjamin Graham

Capital Allocation & Alignment

Insider Ownership

0.00%

Low — management has little skin in the game

Share Buybacks (Latest Year)

$285.5B

Management is returning capital to shareholders via buybacks

Debt Trend YoY

+3.3% YoY

Debt is roughly stable

Leadership Team

Kenichiro Yoshida

Executive Chairman

Age 66

Pay: $3,969,276

Hiroki Totoki

President, CEO, Director & Representative Corporate Executive Officer

Age 61

Pay: $2,246,760

Lin Tao

CFO & Corporate Executive Officer

Age 52

Hirotoshi Korenaga

Senior Vice President of Accounting

Age 60

Justin Hill

Senior Vice President of Finance & Investor Relations and Head of Investor Relations

Top Institutional Holders

Institution	% Owned	Shares
Fisher Asset Management, LLC	1.85%	110,630,948
Primecap Management Company	0.98%	58,530,830
Aristotle Capital Management, LLC	0.74%	43,937,137
Morgan Stanley	0.42%	24,987,735
Bank of America Corporation	0.28%	16,992,579
Mondrian Investment Partners Ltd	0.20%	11,975,861
Blackrock Inc.	0.16%	9,389,076
Goldman Sachs Group Inc	0.15%	8,968,457

Risk Analysis

Beta (Market Risk)

0.74

Low volatility — more stable than the market

Short Interest

0.2% of float

Low short interest — market is not heavily bearish

Debt-to-Equity

0.20x

Conservative balance sheet — low financial risk

Current Ratio

1.18x

Adequate liquidity

52-Week Price Range

Low: $19.63 Current: $20.33 High: $30.34

Currently at 7% of 52-week range