Sony will invest $18bn to grow entertainment and sensor businesses

Japan corporate icon sets goal of signing up 1bn entertainment subscribers

"Sony is directly connected to about 160 million people in the world due to their desire to consume entertainment," President and CEO KenichiroYoshida says. "I want to expand this number to 1 billion." (Source photos by Sony and Koyoharu Gotoge/Shueisha, Aniplex, ufotable)

JADA NAGUMO, Nikkei staff writer

May 26, 2021 14:04 JST

Updated on May 26, 2021 14:24 JST

TOKYO -- Sony Group plans to spend 2 trillion yen ($18 billion) during the next three years to secure a dominant position as a gaming and anime provider and to expand its sensor business.