Story perspectives

Sony Exits Russia After 18 Years Amid Financial Losses

8/16/2025

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Summary

Story summary

Sony has exited Russia after 18 years, dissolving its local subsidiary and submitting liquidation documents in October 2024.
The company incurred financial losses of $15.9 million in 2022 and $5.9 million in 2023, with a $1.2 million profit in 2024 from warranty services.
About 62% of Western companies have left Russia since the invasion, frequently transferring assets to local entities.
Sony's exit underscores the need for corporate accountability during humanitarian crises.

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Story summary

Sony has exited Russia after 18 years, dissolving its local subsidiary and submitting liquidation documents in October 2024.
The company incurred financial losses of $15.9 million in 2022 and $5.9 million in 2023, with a $1.2 million profit in 2024 from warranty services.
About 62% of Western companies have left Russia since the invasion, frequently transferring assets to local entities.
Sony's exit underscores the need for corporate accountability during humanitarian crises.