5 Biggest Gaming Companies in the World

3. Sony Corporation (NYSE:SNE)

2021 annual revenue: $84.59 billion

Sony Corporation (NYSE:SNE) is a multinational conglomerate headquartered in Tokyo, Japan. Sony Corporation is one of the biggest manufacturers of professional and consumer electronic products. The company operates through Sony Interactive Entertainment to develop video games and digital entertainment. Sony Interactive Entertainment has two sub-divisions: Sony Interactive Entertainment LLC, based in California, United States, and Sony Interactive Entertainment Inc., based in Tokyo, Japan. The company has sold more than 581 million PlayStation gaming consoles till June 2022. Sony Corporation (NYSE:SNE)’s topline for 2021 was reported at $84.59 billion.

Here is what ClearBridge Global Growth Strategy has to say about Sony Group Corporation (NYSE:SONY) in its Q3 2022 investor letter:

Like the U.K., Japan is another outlier in a global regime of monetary tightening as its government has kept rates low and actively intervened in currency markets to slow the decline of the yen. We continued to increase exposure to Japan with the purchase of Sony (NYSE:SONY) in the consumer discretionary sector. Sony’s diverse lines of business span numerous industries, including video games, semiconductors, TV and music entertainment, and financial services. The majority of its $88 billion in revenue is generated from consolidated markets where it has a leading position. Finally, Sony has completed its transition from a low-quality business with similar margins and reduced visibility to an industry leader with elevated margins, a greater proportion of recurring revenues and more first-party content.