Sony Group Corp. Hits Day Low of JPY 4,272 Amid Price Pressure

Sony Group Corp. experienced a significant decline today, with its stock price dropping by 7.27% as it reached an intraday low of JPY 4,272.00. This performance stands in contrast to the Japan Nikkei 225, which fell by only 1.01% during the same period.
Over the past week, Sony's stock has shown a modest increase of 2.47%, while its performance over the last month reflects a gain of 5.71%. In the longer term, the company has demonstrated robust growth, with a remarkable 59.96% increase over the past year, significantly outperforming the Nikkei 225's 22.11% rise. Year-to-date, Sony's stock has risen by 34.18%, and its three-year performance shows an impressive 128.51% increase.

Despite today's downturn, Sony Group Corp. maintains strong financial metrics, including a return on capital employed (ROCE) of 15.72% and a healthy EBIT to interest ratio of 26.38. The company's net sales, while experiencing a decline of 13.14% in the first half, reflect its long-term growth potential with an annual growth rate of 9.42%.