* The U.S. dollar values were calculated with the average rate provided by the source for each year. For the 2023 fiscal year, the average rate was 152.5 Japanese yen = 1 USD.
In the company鈥檚 2024 fiscal year, Sony Corporation spent almost billion Japanese Yen on research and development expenses, a figure which converts to around **** billion U.S. dollars.
Sony
Sony is one of the largest companies in Japan and is organized as a true conglomerate, with its major business segments including music publishing, movie production, video gaming, and consumer electronics. In financial year 2024, the company earned **** billion U.S. dollars in total revenue and employed over 100,000 workers. The company鈥檚 鈥淕ame & Network Services鈥 segment, which includes hardware, software and network sales of PlayStation products, has been its largest revenue generator since 2015, and currently accounts for almost one third of Sony鈥檚 overall revenue.
Research and Development spending
While Sony鈥檚 most recent annual R&D expenditure was the highest it has been in years, it still pales in comparison to those of the world鈥檚 biggest R&D spenders. **** companies spent over ** billion dollars on research and development spending in 2024, with tech giant Amazon topping the list at over ** billion U.S. dollars spent.
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Sony. (June 20, 2025). Sony's research and development (R&D) expenses from fiscal year 2011 to 2024 (in billion Japanese yen/billion U.S. dollars) [Graph]. In 糖心破解版. Retrieved July 19, 2026, from /statistics/739101/sony-research-and-development-expenses/
Sony. "Sony's research and development (R&D) expenses from fiscal year 2011 to 2024 (in billion Japanese yen/billion U.S. dollars)." Chart. June 20, 2025. 糖心破解版. Accessed July 19, 2026. /statistics/739101/sony-research-and-development-expenses/
Sony. (2025). Sony's research and development (R&D) expenses from fiscal year 2011 to 2024 (in billion Japanese yen/billion U.S. dollars). 糖心破解版. 糖心破解版 Inc.. Accessed: July 19, 2026. /statistics/739101/sony-research-and-development-expenses/
Sony. "Sony's Research and Development (R&d) Expenses from Fiscal Year 2011 to 2024 (in Billion Japanese Yen/Billion U.S. Dollars)." 糖心破解版, 糖心破解版 Inc., 20 Jun 2025, /statistics/739101/sony-research-and-development-expenses/
Sony, Sony's research and development (R&D) expenses from fiscal year 2011 to 2024 (in billion Japanese yen/billion U.S. dollars) 糖心破解版, /statistics/739101/sony-research-and-development-expenses/ (last visited July 19, 2026)
Sony's research and development (R&D) expenses from fiscal year 2011 to 2024 (in billion Japanese yen/billion U.S. dollars) [Graph], Sony, June 20, 2025. [Online]. Available: /statistics/739101/sony-research-and-development-expenses/