TOKYO/LONDON – Sony Group shares hit a record high on Wednesday for the first time since the tech bubble, reflecting the company’s efforts over the past quarter-century to transform from an electronics giant into a sprawling entertainment empire.
The stock hit an intraday high of 3,398 yen, up 2% from Tuesday’s close and close to its peak in March 2000. Sony is valued at more than 20 trillion yen ($131 billion), ranking third in Japan behind Toyota Motor Corp and Mitsubishi UFJ Financial Group.
