TOKYO - Sony Financial Group Inc., Sony Group Corp.'s wholly owned financial unit, listed on the Tokyo Stock Exchange's top-tier Prime Market on Monday, with the spinoff expected to allow the tech conglomerate parent to focus resources on its entertainment and semiconductor businesses. Through the reorganization, Sony Financial will be able to raise capital by itself and speed up decision-making, it said. "It is the first step for our company's growth," Sony Financial Group President and CEO Toshihide Endo told reporters, referring to the listing. Sony shareholders will hold both listed shares of Sony and Sony Financial. Sony Financial Group has affiliates including Sony Life Insurance Co., Sony Assurance Inc. and Sony Bank Inc. Its operating profit for fiscal 2024 comprised less than 10 percent of Sony Group's total.