SG&A Spending Patterns: Sony vs. NetEase

In the ever-evolving landscape of global business, understanding the financial strategies of industry giants is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Sony Group Corporation and NetEase, Inc. from 2014 to 2023. Over this decade, Sony's SG&A expenses have shown a steady increase, peaking at approximately 2.16 trillion yen in 2023, marking a 25% rise from 2014. In contrast, NetEase's SG&A expenses have surged by nearly 700%, reaching around 18.9 billion yuan in 2023. This stark difference highlights Sony's consistent growth strategy, while NetEase's rapid expansion reflects its aggressive market penetration. Notably, 2024 data for NetEase is missing, indicating potential reporting delays or strategic shifts. As these companies navigate the complexities of the global market, their SG&A spending patterns offer valuable insights into their operational priorities and future trajectories.