Sony Group Corporation or Corning Incorporated: Who Manages SG&A Costs Better?

A Tale of Two Giants: Sony vs. Corning in SG&A Management

In the ever-evolving landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Sony Group Corporation and Corning Incorporated have demonstrated contrasting approaches to handling these costs. From 2014 to 2024, Sony's SG&A expenses have seen a significant increase of approximately 25%, peaking at over 2.15 trillion yen in 2024. In contrast, Corning's expenses have grown by about 60%, reaching nearly 1.93 billion dollars in the same year.

While Sony's expenses are substantially higher in absolute terms, the growth rate of Corning's SG&A costs suggests a more aggressive expansion strategy. This comparison highlights the strategic differences between a tech giant and a materials innovator, offering valuable insights into their operational efficiencies and market positioning. As businesses navigate the complexities of the modern economy, understanding these dynamics becomes essential for investors and industry analysts alike.