Sony Group Corp. Hits Day Low of JPY 3,250 Amid Price Pressure

Sony Group Corp. experienced a notable decline today, with the stock dropping by 4.03% to reach an intraday low of JPY 3,250.00. This performance stands in contrast to the Japan Nikkei 225, which fell by only 1.12% during the same period. Over the past week, Sony's stock has decreased by 6.93%, while its one-month performance shows a significant drop of 11.51%. In the longer term, the stock has faced challenges, with a year-to-date decline of 17.84% and a three-year performance down by 71.1%. Despite these setbacks, the company maintains a strong management efficiency, reflected in a return on capital employed (ROCE) of 18.08%. Additionally, Sony's ability to manage its debt is robust, as indicated by a healthy EBIT to interest ratio of 26.38. The company's net sales for the quarter have fallen by 15.78%, while interest expenses have surged by 102.49%. With a market capitalization of JPY 23,689,071 million, Sony Group Corp. continues to navigate a challenging market landscape.