SG&A Efficiency Analysis: Comparing Sony Group Corporation and ON Semiconductor Corporation

SG&A Efficiency: A Tale of Two Corporations

In the ever-evolving landscape of global business, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. This analysis juxtaposes the SG&A efficiency of Sony Group Corporation and ON Semiconductor Corporation from 2014 to 2023.

Sony Group Corporation: A Steady Giant

Sony's SG&A expenses have shown a consistent pattern, peaking in 2023 with a 14% increase from 2022. This reflects Sony's strategic investments in innovation and market expansion. Despite fluctuations, Sony's expenses remained robust, averaging around 1.7 trillion annually.

ON Semiconductor Corporation: A Dynamic Challenger

ON Semiconductor, on the other hand, demonstrated a more dynamic trajectory. From 2014 to 2023, their SG&A expenses grew by approximately 68%, indicating aggressive growth strategies. The peak in 2023, with expenses reaching 641 million, underscores their commitment to scaling operations.

Conclusion

While Sony's stability showcases its market dominance, ON Semiconductor's growth highlights its rising influence in the semiconductor industry. This comparison offers valuable insights into how these corporations manage their operational efficiencies.