Each quarter, Sony Corp in Tokyo announces revenue figures for its global music division in its local currency of the Japanese Yen.
That music division operates across recorded music and publishing, in addition to ‘Visual Media & Platform’.
The ‘Visual Media & Platform’ category primarily covers mobile games and animation projects, and has been omitted from MBW’s revenue calculations below, which focus only on Sony’s Recorded Music and Music Publishing operations.
Music Business Worldwide calculates Sony’s financials from Japanese Yen into US dollars at the following prevailing exchange rates in each quarter, as provided by Sony Corp.
By applying these exchange figures to each applicable period, we effectively get a US-leaning constant currency picture of Sony Music’s performance.
MBW believes this currency exchange system is the yardstick used internally at Sony Music Group‘s HQ in New York.
