Who Optimizes SG&A Costs Better? Sony Group Corporation or Fiserv, Inc.

Optimizing SG&A Costs: A Tale of Two Giants

In the ever-evolving landscape of global business, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A cost optimization strategies of two industry titans: Sony Group Corporation and Fiserv, Inc., from 2014 to 2023.

Sony, a leader in electronics and entertainment, consistently reported SG&A expenses exceeding $1.5 trillion annually, peaking at $2.16 trillion in 2023. This reflects a steady increase, with a notable 23% rise from 2022 to 2023. In contrast, Fiserv, a financial services technology provider, exhibited a more dynamic trend. Starting at $975 million in 2014, Fiserv's SG&A expenses surged by over 570% to $6.58 billion in 2023.

While Sony's expenses are significantly higher, Fiserv's rapid growth in SG&A costs suggests aggressive expansion strategies. Understanding these trends offers valuable insights into each company's operational focus and market strategies.