v3.26.1
Related party transactions
12 Months Ended
Mar. 31, 2026
Text Block1 [Abstract]  
Related party transactions
31.
Related party transactions
 
(1)
Account balances and transactions with associates and joint ventures accounted for under the equity method
Primary account balances and transactions with associates and joint ventures accounted for under the equity method are as follows:
 
 
  
Yen in millions
 
 
  
March 31
 
 
  
2025
 
  
2026
 
Trade and other accounts receivable
  
  
Associates
     20,990        9,006  
Joint ventures
     3,854        6,407  
  
 
 
    
 
 
 
Total
     24,844        15,413  
  
 
 
    
 
 
 
Other current assets      
Associates
     8,192        8,364  
Joint ventures
     -        -  
  
 
 
    
 
 
 
Total
     8,192        8,364  
  
 
 
    
 
 
 
Accounts payable, trade      
Associates
     1,102        1,092  
Joint ventures
     55        36  
  
 
 
    
 
 
 
Total
     1,157        1,128  
  
 
 
    
 
 
 
Short-term borrowings      
Associates
     5,401        6,401  
Joint ventures
     17,641        20,675  
  
 
 
    
 
 
 
Total
     23,042        27,076  
  
 
 
    
 
 
 
Lease liabilities and other      
Associates*
     79,987        183,836  
Joint ventures
     -        -  
  
 
 
    
 
 
 
Total
     79,987        183,836  
  
 
 
    
 
 
 
* Refer to Note 10.
 
    
Yen in millions
 
    
Fiscal year ended March 31
 
    
2024
    
2025
    
2026
 
Sales         
Associates
     14,215        14,254        10,269  
Joint ventures
     34,199        34,415        31,239  
  
 
 
    
 
 
    
 
 
 
Total
     48,414        48,669        41,508  
  
 
 
    
 
 
    
 
 
 
Purchases         
Associates
     6,385        5,171        6,573  
Joint ventures
     723        1,131        -  
  
 
 
    
 
 
    
 
 
 
Total
     7,108        6,302        6,573  
  
 
 
    
 
 
    
 
 
 
Lease payments and other         
Associates
     15,467        16,931        22,985  
Joint ventures
     -        -        -  
  
 
 
    
 
 
    
 
 
 
Total
     15,467        16,931        22,985  
  
 
 
    
 
 
    
 
 
 
Sony has issued guarantees that contingently require payments to guaranteed parties if certain specified events or conditions occur. The maximum potential amount of future payments under these guarantees to joint ventures as of March 31, 2025 and 2026, amounted to 3,856 million yen and 3,775 million yen, respectively. In addition, Sony has agreements with shareholders of joint ventures to make cash investments in the joint ventures if certain specified events or conditions occur.
 
 
(2)
Compensation for key management personnel
Compensation for key management personnel for the fiscal years ended March 31, 2024, 2025 and 2026 is presented as follows:
 
    
Yen in millions
 
    
Fiscal year ended March 31
 
    
2024
    
2025
    
2026
 
Short-term employee benefits
     1,660        1,657        1,908  
Stock-based compensation
     2,917        4,431        4,254  
  
 
 
    
 
 
    
 
 
 
Total
     4,577        6,088        6,162  
  
 
 
    
 
 
    
 
 
 
Compensation for key management personnel is the remuneration for Directors (including outside Directors) and Corporate Executive Officers of Sony Group Corporation.