Comparing SG&A Expenses: Sony Group Corporation vs Nokia Oyj Trends and Insights

A Tale of Two Giants: Sony vs. Nokia in SG&A Expenses

In the ever-evolving landscape of global technology, Sony Group Corporation and Nokia Oyj have long been titans. This chart offers a fascinating glimpse into their financial strategies over the past decade, focusing on Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Sony's SG&A expenses have shown a steady increase, peaking in 2023 with a 14% rise from the previous year. In contrast, Nokia's expenses have fluctuated, with a notable spike in 2016, reaching nearly double their 2014 levels, before stabilizing in recent years. This divergence highlights Sony's consistent investment in administrative and sales functions, while Nokia's strategy appears more variable. The data for 2024 is incomplete, leaving room for speculation on future trends. As these companies continue to adapt, their financial decisions will undoubtedly shape the tech industry's future.