During periods of heightened volatility and uncertainty, it's not uncommon for professional and retail investors to gravitate to time-tested businesses that have handily outperformed Wall Street's benchmark index, the S&P 500, over the long run. It's why the collective FAANG stocks have been so popular over the last decade. More than a half-dozen top-notch businesses became stock-split stocks in 2024 Stock splits come in two forms: forward and reverse. A forward-stock split's purpose is to make shares more ...

Sony is the latest consumer goods company to announce a stock split. Over the last few years, many large technology companies have chosen to split their stock. Notable examples include Amazon, Alphabet, Tesla, and Nvidia. However, more recently, a number of consumer goods businesses have also engaged in stock splits following sharp rises in share prices. Energy beverage maker Celsius and big-box retailer Walmart both did so within the last year. Fast-casual restaurant chain Chipotle Mexican Grill is on the ...

Deadline hears David Ellison's Skydance is still very much in the mix and trying to create offer acceptable and attractive to Paramount. A Skydance combination is very much the favorite in Hollywood but hated by Paramount shareholders. Some sources are saying there could be some movement rather soon. Par is holding its annual meeting of shareholders next Tuesday morning. That's not a venue for big corporate announcements but some shareholders may ask about it. Par is in a bit of delicate moment having pushe ...

Wirestock/iStock Editorial via Getty Images Above: Sony Pictures, massive potential to expand IP blending its TV and film base with scale up matching close to Disney. If you look at the present candidates and would be contenders in the Paramount (PARA) free for all dead end, it is not hard to conclude that logic must bring you to a close for Sony (NYSE:SONY). As we have noted, the price might need a bit sweetening above the $26 on the table to put a smile button on everyone's chest, including Shari, and all ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. Japanese electronics and entertainment company Sony says it's focusing on creativity in movies, animation and video games, rather than old- fashioned gadgetry. Credit: AP Photo/Eugene Hoshiko, File Japanese electronics and entertainment company So ...

Sony has signed an NDA with Paramount Global, a move that will give it access to the books and allow deal talks to move ahead, Deadline hears. Sony and private equity giant Apollo kicked things off previously with a preliminary bid of $26 billion, but what's being contemplated now is not that, but something narrower. A look at the books is necessary to move forward in any case. The non-disclosure agreement comes two weeks after a Paramount's monthlong exclusive negotiating window with David Ellison's Skydan ...

Financial Data and Key Metrics Changes - For FY '23, consolidated sales reached JPY 13,020.8 billion, a record high, with operating income at JPY 1,208.8 billion and net income at JPY 970.6 billion [76] - The forecast for FY '24 includes sales of JPY 2,310 billion, operating income of JPY 1,275 billion, and net income of JPY 925 billion [73] - Operating cash flow is expected to increase by 19% year-on-year to JPY 1,400 billion [73] Business Line Data and Key Metrics Changes - The G&NS segment saw a 17% year-on-year sales increase to JPY 4,267.7 billion, with operating income rising to JPY 290.2 billion [78] - The Music segment's sales increased by 17% year-on-year to JPY 1,690 billion, with operating income at JPY 301.7 billion [85] - The Pictures segment's sales rose by 9% year-on-year to JPY 1,493.1 billion, while operating income remained flat at JPY 177 billion [89] - The I&SS segment's sales increased by 14% year-on-year to JPY 1,602.7 billion, but operating income decreased to JPY 103.5 billion [96] Market Data and Key Metrics Changes - Monthly active users on the PlayStation platform reached 180 million accounts, a 9% increase year-on-year, with total playtime increasing by 15% [81] - The smartphone market is expected to recover slowly, impacting the I&SS segment, but demand for larger die-sized sensors is anticipated to drive growth [52][97] Company Strategy and Development Direction - The fifth midrange plan focuses on maximizing synergies across the group and enhancing corporate value through continuous growth [111] - The strategy includes expanding the PlayStation console base and enhancing first-party software titles [115] - The company aims to grow faster than the market in the Music segment by increasing monetization opportunities and expanding into emerging markets [116] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the uncertain and volatile business environment but aims to strengthen the earnings base and improve investment efficiency [112] - The company expects to harvest the benefits of investments made in the previous midrange plan during the current period [25] Other Important Information - The company plans to maintain a total payout ratio of 40% by FY '26, with a focus on balanced capital allocation and strengthening returns to shareholders [55][57] - The impact of foreign exchange rates resulted in a positive JPY 140 billion effect on income for FY '23 [51] Q&A Session All Questions and Answers Question: What is the company's view on enhancing enterprise value and capital allocation? - The company plans to reduce investment and increase returns to shareholders compared to the previous midrange plan, focusing on sustainable enterprise value growth [22][24] Question: How does the company view the impact of the weaker yen on overseas M&A? - The company believes that while the weaker yen presents challenges, it does not significantly hinder overseas M&A opportunities as returns are evaluated against hurdle rates [34] Question: What is the expected timeline for returns on studio acquisitions? - The company expects returns from studio acquisitions to be realized over the next three to five years, with a focus on effective portfolio management [39][59] Question: What is the forecast for the image sensor business amid a shrinking smartphone market? - The company anticipates growth in the image sensor business due to increased demand for larger die-sized sensors, despite a slow recovery in the smartphone market [52][97]

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER 1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN (Address of principal executive offices) The registrant files annual reports under cover of Form 20-F. Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F, Form 20-F x Form 40-F ¨ SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this rep ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of February 2024 Commission File Number: 001-06439 SONY GROUP CORPORATION (Translation of registrant's name into English) 1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN (Address of principal executive offices) The registrant files annual reports under cover of Form 20-F. Indicate by check mark whether the registrant files ...

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November 2023 Commission File Number: 001-06439 SONY GROUP CORPORATION (Translation of registrant's name into English) 1-7-1 KONAN, MINATO-KU, TOKYO, 108-0075, JAPAN (Address of principal executive offices) The registrant files annual reports under cover of Form 20-F. Indicate by check mark whether the registrant files ...