Listed on New York Stock Exchange

Sony Corporation became the first Japanese company to be listed on the New York Stock Exchange, marking a pivotal moment in the globalization of Japanese businesses. This listing was executed through American depositary receipts (ADRs), which allowed U.S. investors to purchase shares in foreign companies without the complexities of dealing with foreign stock exchanges. The move not only provided Sony with access to a larger pool of capital but also signified a shift in the perception of Japanese companies in the global market. By entering the U.S. financial landscape, Sony set a precedent for other Japanese firms, encouraging them to explore international markets and investment opportunities. This action contributed to the broader trend of globalization in the business world, as more companies sought to expand their reach beyond domestic borders. The listing on the New York Stock Exchange also enhanced Sony's visibility and credibility, allowing it to compete more effectively with established Western companie