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Sony’s entertainment pivot pays off with stock price record


TOKYO/LONDON — Sony Group’s share price set an all-time high on Wednesday for the first time since the tech bubble, reflecting the company’s efforts over the past quarter-century to transform from an electronics giant to a sprawling entertainment empire.

The stock reached an intraday high of 3,398 yen, climbing 2% from Tuesday’s close to edge past its March 2000 peak. Sony’s valuation of more than 20 trillion yen ($131 billion) is the third highest in Japan behind Toyota Motor and Mitsubishi UFJ Financial Group.



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