Each quarter, Sony Corp in Tokyo announces revenue figures for its global music division in its local currency of Japanese Yen.
That music division operates across recorded music and publishing, in addition to ‘Visual Media & Platform’.
Below, we’ve focused on only the music publishing part of Sony’s global operation, encompassing both Sony Music Publishing (HQ’d in New York) plus Sony’s separately-run publishing outfit in Japan.
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.
